Buying a car is always a dream for everyone but there are many things we need to focus on after buying a car. Most of us are familiar with car insurance but the most common question is, which insurance we should buy. Don't worry we covered the 5 best car insurance in USA  and did the research in this article.

The top car insurance provider in the U.S. covers almost 77% of the market as data is revealed by the National Association Of Insurance Commissioners (NAIC). However, only some car insurance providers are controlling the auto insurance industry by providing a wide range of products, services, and benefits.

While buying car insurance you should keep in mind its cost, claims handling, and coverage needs. In this article, you will also get to know car insurance rates by state, its cost, and different types of car insurance coverage.

To make the best decision while buying car insurance we provide you with the 5 best car insurance companies in the USA for you. Along with it we will also discuss the latest car insurance trends and types of car insurance.

5 Best Car Insurance Companies in USA

State Farm

State Farm is the biggest car insurance provider in the U.S.  with 58000 employees and 19000 agents. As it almost covers a 17% market share of total car policies sold with $46.7 billion in direct written premiums.

Why is it the best?

• State Farm network is very vast which means drivers can get access to the policies all over the country except Massachusetts and Rhode Island.

• State Farm is also known for offering affordable premiums for drivers with below driving records. Also, you get discounts such as steer clear and drive safe & save means it will calculate rates through the app by tracking speed, hard braking, acceleration, and use of the phone. State farm monthly cost is around $107.

• It has a 5-star rating with A++ financial strength. Also, it has high top customer service marks according to J.D.Power's studies with a rating of 834 out of 1000 due to claim satisfaction, the purchasing experience, user-friendly apps, and websites where customers easily request quotes, pay premiums, and file claims.

• State Farm is for both auto and homeowners insurance. By combining both auto and home insurance you will get insurance discounts of up to 17% and if you get insured for more than two vehicles with State Farm then you will get a discount of up to 20%.

• Its annual average cost for full coverage is $2406.

State Farm Coverage:

You will get comprehensive insurance and liability car insurance coverage from State Farm along with this you will also have rental car, reimbursement, rideshare, and roadside assistance insurance.  

State Farm Cost and Discount: 

Minimum coverage price is $45 per month and $553 per year.

Full Coverage price is $123 per month and $1481 per year.

State farm discount: Good student, accident free, multi car policy, and vehicle safety.

Geico

Geico is the second largest car insurance company started by insuring military personnel and U.S. government employees with a 13.8% market share price and a $13.8 billion premium written amongst the other providers. 

It offers competitive rates for drivers with clean records as well as for motorists who have speeding tickets, poor credits, and are caught uninsured.

Why is it the best?

• Geico policyholders also get access to a variety of features including accident forgiveness. Customers will claim easily from its user-friendly app and website to track billing, request quote, and easily manage their insurance.

• There is no network of local agents from the Geico car insurance policy. You have to manage it on your own where you live in the country as it is available in all 50 states and also offers coverage to drive in Mexico.

• Geico's DriverEasy platform is available to drivers to detect accidents and improve bad driving habits. It also offers its tracking app for safe driving.

• It is available for low rates except those with DUI and offers discounts for those who are seeking for budget-friendly car insurance.

• Geico has a 4.9-star rating and A++ financial strength with a J.D.Power satisfaction score of 871 out of 1000.

• From the most recent data through NAIC it has 0.1 ratio complaints rates from customers.

• Geico won the best budget auto insurance award for young driver categories and also received an award from Bankrate 2024.

Geico coverage:

• Collision and comprehensive coverage.

• Liability insurance.

• Personal injury protection.

• Uninsured and underinsured motorist coverage.

• Medical payments.

• Emergency road service.

• Accident forgiveness.

• Rental reimbursement.

• Usage-based insurance.

• SR-22.

• Noowners insurance.

• Mechanical breakdown insurance.

Geico cost and discount

Minimum coverage price is $39 per month and $468 per year.

Full coverage price is $109 per month and $1308 per year.

Geico discounts: good students, employees, new car, air bags, and good drivers.

Progressive

Progressive is also the most trusted auto insurance company with a 14% market share for the total car insurance market of $38.9 billion direct premium written. It has almost 43000 employees. Policyholders get a wide range of discounts through slash rates. It is most popular in Texas and the upper Midwest. 

Why is it the best?

• Progressive offers good rates for those who have bad credit or a bad past driving record. With a Snapshot driving app, the driver gets tracked and gets an additional discount.

• You can get an online quote and sign online discounts through their user-friendly Snapshot driving app. It also offers vanishing deductibles and accident forgiveness.

• It is available all over the country with a 4.4-star rating and strong BBB ratings with A+ financial strength.

• Progressive has 0.06 complaint rates and 811 out of 1000 J.D. Power rating.

• You can buy this insurance online, by phone, in person, or through an agent.

• Its coverage option is for all types of drivers including those who have DUI convictions and need their policyholder to file their SR-22 on their behalf as it is the best auto insurance for high-risk drivers.

Progressive Coverage:

• Collision insurance.

• Loan or lease payoff.

• Liability insurance.

• Personal injury protection.

• Medical payments.

• Insured or underinsured motorist coverage. 

• Pet injury coverage.

• Rental car reimbursement.

• Deductible savings bank.

• Custom parts and equipment coverage.

• Trip interruption.

• Roadside assistance.

• Rideshare coverage.

• Vehicle protection.

Progressive cost and discounts

Minimum coverage price is $57 per month and $687 per year.

Full coverage price is $134 per month and $1611 per year.

Progressive discounts: home owner, good students, paperless, multi car, and continuous insurance.

USSA

 USSA was founded in 1922 in San Antonio by army officers. It is mainly popular for its customer service, most recommended, and claim handling. It covers a 5.9% market share and $16.4 billion direct premium written.

Why is it the best?

• It offers coverage for the military and veterans.

• It has the lowest rates and coverage options for different types of drivers including young adults or under age 25 with clean records and get a 10% discount. Also for those who have speed tickets on their records, seniors, for those who are involved in traffic violations. 

• USSA has its tracking app Safepilot, for drivers who have bad habits while driving the car like using a phone and excessive speed.

• It is available in all 50 states and some international locations.

• USSA has a 4.9-star rating with A++ financial strength and the J.D. Power score is 878 out of 1000. The customer's complaints rate is an average of 1 according to the survey by NAIC.

USSA Coverage:

• Car replacement assistance.

• Accident forgiveness.

• Classic car insurance.

• Rideshare coverage.

• Medical payments.

• Personal injury protection.

• Liability insurance.

• Collision and comprehensive coverage.

• Uninsured and underinsured motorist coverage.

• Noowners insurance.

• Usage based insurance.

• Rental reimbursement.

• Roadside assistance.

• SR-22 filing.

USSA cost

Minimum coverage price is $28 per month and $333 per year.

Full coverage price is $88 per month and 1054 per year.

Liberty Mutual

Liberty Mutual is known for loyalty to its customers, and offers a variety of savings, and claims handling. It covers 4.9% market share and around $13.7 billion on direct premiums written in the auto industry. It operates in 29 other countries.

Why is it the best?

• It offers car insurance discounts like multi-car, students away at school, and college students which is beneficial for families with young drivers.

• You can get this insurance by phone,  online, or through an agent.

• Liberty Mutual has a 4.7-star and A- rating for BBB. Also has an average J.D. Power rating.

• Liberty Mutual provides its user-friendly website from which you can have direct access to the coverage. It also provides a Liberty Mutual mobile app through which you can manage your insurance policies digitally.

• It has higher rates than the other insurance providers in the market but it also provides a wide range of products and discounts to the policyholder.

• Liberty Mutual has its tracking app Right Track through which drivers get 30% discounts on the standard policy.

• The cost is different for different locations.

Liberty Mutual Coverage:

• Car replacement

• Gap insurance.

• Accident forgiveness.

• Medical payments.

• Personal injury protection.

• Liability insurance.

• Roadside assistance.

Best Car Insurance Companies by State and Average Cost

How to Get the Best Car Insurance Company For You

It is the most important decision to choose which insurance is the best for you. For that, you need to stay updated or follow the trends in the auto sector, rules, and regulations in your area or state. 

• Read the customer reviews and what other people say about its reliability, claim processing, cost, discounts, complaints ratio, etc. and this gives a direction for you to choose the insurance company.

• The most important thing is you should be aware of laws and regulations in your state about car insurance policies.

• Check the price for the insurance company as it depends on your age, location, vehicle, and past driving history and you will get to know which plan fits your needs but be careful the cheapest price is not meant to be the best. Instead, you can buy from small insurance companies.

• If you are an individual, getting married, or adding a teen driver to your policy this may change the insurance policy. So be sure to shop for customizable policies in the market.

• You better know which type of policy insurance coverage you need and according to that, you can customise the car insurance policies. If you have a speeding ticket, DUI, and other violations then make sure to buy 3 to 5 years after the incident.

• After selecting the best car insurance company for your needs then you can contact an agent or search the company online or website to make the right decision for you. 

• If you buy a vehicle make sure which type of coverage is required for the vehicle because many lenders require collision or comprehensive coverage.

• We know that you have lots of questions in your mind, How to pay money monthly or annually? If I have an accident, will the coverage increase? etc., but don't worry you will get all this information through the company's agent or online.

How Car Insurance Works?

Car insurance companies offer many coverages for theft, car damage, bodily injury, or accidents. You will pay monthly or annually for premiums on the coverage but depends on which policy or coverage you selected. 

If you file a claim as it leads to higher premiums then the insurance company will pay out damages according to their criteria.

Types of Car Insurance Coverage

There are mainly 5 types of car insurance coverage and everyone gives you protection coverage depending on which protection you are looking for. Let's see each of them:

Collision Coverage: This will give you coverage when the vehicle collides with another vehicle, pole, or something. Collision insurance may also cover the repairs including accidents.

Liability Coverage: If you are responsible for an accident, property damage, bodily injury, or death then Liability insurance will provide financial protection for you. It is also applicable for those conditions if someone else is driving your vehicle and happened to it by fault. Liability Coverage is required by state law but does not include any damages.

Comprehensive Coverage: This type of coverage includes damages other than collision such as natural disaster, fire, theft, from animals.

Personal Injury Protection: Pays your medical bills and lost income from the accident.

Uninsured Motorist Coverage: Pays the coverage for injuries if the driver does not have the coverage or leaves from the spot of an accident without providing any information about the insurance then also this coverage helps you.

Medical Payments Coverage: It only pays medical expenses.

Gap Insurance: If your car is stolen then gap insurance covers the difference between the car value and the loan you cover but does not provide any accident damages.

Full Coverage: This is the combination of Liability, Comprehensive, and Collision coverage in case of accidents or damages.

How Much Does Car Insurance Cost?

1. It depends on many factors but we provide you with some average cost values for example.,

2. After an accident with injury: $251

3. After an accident with property damage: $250

4. Good Driver: $169

5. After speeding tickets:$251

6. After a DUI: $280

7. Parent adding young driver: $364

8. Poor Credit: $321

9. Senior driver: $179

Factors Affecting Car Insurance Rates

Age and driving experience: Your age is considered in car insurance coverage if you are a beginner and have no knowledge of driving then there is a high risk that's why the rate might be higher but if you are a senior driver and have years of experience then the rates are lower.

Gender: Some insurance companies consider gender to calculate insurance rates while some are not. You need to ask an agent about this to an agent.

Driving record: Insurance companies check your driving record (traffic violation, DUI, accident history, etc) because drivers who have clean records can have the lowest premiums. 

Credit history: The insurance companies check your credit history to decide your insurance score in some states.

Coverage: The coverage you select will decide the cost of the premiums if you select full coverage then it is more expensive than others like Liability Coverage.

Car Model: If you have a sports or luxury car then the insurance rates will be expensive.
 

How to Save Money on Car Insurance?

Discounts: Most of the car insurance companies provide discounts through their products.

Shop around: Compare different car insurance companies and choose the right one amongst them.

Drive safely: If you are a good driver with no traffic violations and a clean record then you might get low rates.

Telematics program: If you use the company tracking telematics device and follow good habits while driving then there are chances to get discounts.

Higher deductible: If you choose a higher deductible you will get lower rates.

Types of Car Insurance Discounts

Green or hybrid vehicle discount: If you are using an electric or eco-friendly vehicle then you get this discount.

Occupational discount: Some companies provide this insurance for professionals and employers.

Online billing discounts: If you are tech-savvy or like to do your documents digitally then you get discounts for this.

Discounts for teens or young adults: There are many discounts for students and teens.

Safe driving discount: Drivers with a clean record may get some discount. 

Conclusion

We hope that you get almost every information about the 5 best car insurance companies in USA. So, are you ready to buy car insurance but please read the policies, type of coverage, and discounts carefully for choosing the right car insurance company for your needs.

If you have any doubts do comment in the comment section box we will be happy to help you!

Frequently Asked Questions

1. What is deductible car insurance?

Deductible car insurance means you have to pay some fixed amount when you file a claim and then the remaining payment is done by the company for damages.

2. What is the cheapest car insurance company?

There are many car insurance companies which offer the lowest premium rates. Auto owners is one of them.

3. Why are car insurance rates increasing?

The insurance rates are increasing due to costly repairs, parts shortage,and higher cost of making.