List of the best car insurance companies for July 2024

Our research revealed that Nationwide is the top vehicle insurance provider overall, followed by USAA, Travelers, and Erie. We compared insurers throughout the nation based on their rates, coverage choices, complaints, and claims procedures.

How We Selected the Best Car Insurance Companies.

We looked at auto insurance rates, coverage choices, complaint statistics, and collision repair claims handling. Advertisers do not impact our editorial content. We employ data-driven approaches to assess insurance firms, ensuring that all businesses are evaluated similarly. Read more about our editorial rules and grading process below.

We collaborated with a survey business to get proprietary user feedback for the goods mentioned below.

Which is the best car insurance company?

According to our investigation, Nationwide, USAA, Traveler, and Erie are the top vehicle providers, with all getting ratings of more than 4.5 stars (out of 5).

The best vehicle insurance company for you will be determined by your driving record, state, and other unique considerations. We advocate browsing around for vehicle insurance quotes since the business with the lowest prices will be based on your unique profile.

Best Overall: nationwide.

Nationwide is the finest overall vehicle insurance provider due to its competitive prices for a broad range of driving histories and driver ages, extensive coverage choices, and low level of complaints.

The nationwide average rate for competent drivers is 29% lower than the national average. It provides the lowest prices for drivers with bad credit, parents adding a teen driver, and drivers aged 65 to 80, among the firms we compared.

Best for Military Members: USAA

USAA is the finest vehicle insurance choice for service personnel year after year due to its consistently low prices and wide range of coverage options. USAA sells only to military personnel, veterans, and their families. It provides a savings of up to 60% if you keep your automobile while deployed, and up to 15% for drivers who park their cars on base.

USAA’s average rate for skilled drivers is 33% lower than the national average. Drivers who received a speeding penalty paid 34% less, while those who had an accident with injuries paid 35% less.

Ideal for Drivers with a Speeding Ticket: Travelers

Travelers provides low-cost insurance for drivers with speeding tickets. While their rates are not the lowest, they are 19% less than the national average for drivers with a speeding ticket. We discovered that Travelers’ average cost of insurance after a speeding citation is cheaper than many of its rivals.

Best for Drivers Who Have Caused an Accident: Erie

Erie offers the best rates for drivers who committed an accident that resulted in injuries or property damage. USAA is somewhat cheaper for both, but its policies are exclusively accessible to military personnel, veterans, and their families.

Causing an accident increases the risk of injury by 49% and property damage by 48%. Erie’s charges increase just 35% if you cause an accident with injuries and 29% if you cause property damage.

Best for Drivers With A DUI: Progressive

Among the firms we studied, Progressive had the lowest premiums for drivers with DUI. A DUI is considered a big violation, thus it may significantly increase your insurance premiums. According to our data, rates for drivers with a DUI rise by 71% on average, whereas Progressive’s rates increase by just 26%.

Great for Drivers with Poor Credit: Geico.

Geico provides cheaper rates to drivers with bad credit than other major insurance. Its rates are 36% lower than the national average.

Best for Family Discounts: Westfield.

Compared to other top-rated providers, Westfield offers a wide range of discounts, allowing family members to save money on auto insurance. It provides family discounts, next-generation discounts, and companion auto insurance discounts.

Family Discount

A discount for adolescent drivers aged 18 and under who are added to a parent’s vehicle insurance that has been in existence for at least the previous three years.

Next Generation Discount

For young drivers aged 22 to 29 who are leaving their parent’s Westfield car insurance policy to get their own coverage.

Companion Discount

For drivers who purchase vehicle insurance and have a household member who already has a Westfield auto policy.

Best for New Cars: Auto-Owners

Auto-Owners Insurance provides great coverage alternatives for new car owners. It provides two forms of coverage: new vehicle replacement and gap insurance. If your new automobile is damaged or stolen, gap insurance covers the difference between your insurance claim and the remaining balance on a lease or loan. Also:

Auto-Owners’ “purchase price guarantee” compensates you the original purchase price if your vehicle is wrecked during the first two years and you are the original owner.

“Total loss to a new automobile” coverage replaces your car with a new one of equivalent worth or pays you your original purchase price if it is totaled within 90 days of purchase.
Not all top-rated companies provide new automobile replacement coverage, and those that do often provide just one kind.