Top 7 Car Insurance Companies
The company you purchase car insurance from is not the most critical decision you will make in your life, but it is undoubtedly an important financial one. If you are happy with your car insurance, it is like a great pair of socks: you don’t think about it, but it keeps you comfortable. When you are shopping for car insurance, you should consider the premium amounts and review the customer complaint records. Some companies such as the Better Business Bureau and JD Powers carefully track customer complaints, so those sites are worth looking into for more information.
But while these data-driven places are great, you should also keep in mind the various perks that different companies offer as well as the advantages they hold over one another.
At the end of the day, you will want more than just the lowest premium: you will want a company that handles claims promptly, has coverage in your area, provides discounts for safe driving or other things that impact you, and has friendly agents whom you can build a happy working relationship with for years to come. Take a look at some of the largest car insurance companies in the industry and what they excel at most.
If you’re a member of the military or have a spouse who is, you are eligible for excellent car insurance from USAA. The company offers accident forgiveness and is part of a large organization that provides financial services to members of the military. They have excellent customer satisfaction ratings. They frequently offer some of the lowest car insurance rates in the country.
Amica has some fantastic perks, from small to huge: If you lose your keys, you won’t be charged to replace your locks. If your airbags deploy in an accident, you also won’t be charged. If your car is totaled within its first year, you will be reimbursed for the full purchase value of your vehicle (that means no pesky depreciation, a significant cost in the first year of car ownership). Amica has some of the highest ratings for customer service and customer satisfaction, and there are very few complaints brought against them.
If you drive with a pet and you have collision coverage, Progressive will pay your vet bills in the event of an accident. Of course, there are also great perks like Snapshot, a free program that tracks your driving and can save you serious money if you are a very safe driver. Progressive ranks well for customer service and client satisfaction.
Nationwide has a great optional program that can help dramatically lower your deductible. For every year you do not have an accident, your deductible will go down by $100 (up to $500). Of course, if you are not in accidents that often you won’t need to make use of this anyway, but it’s certainly a great perk! Nationwide also offers a variety of other insurance products, so it’s a great option if you’re looking to bundle, too.
State Farm has two great programs that make it an excellent choice for safe drivers. The Drive Safe & Save program calculates discounts by tracking your driving behavior, up to a 50% discount. If you do not feel like your driving skills are up to snuff, then you can also take a refresher course through the State Farm Steer Clear Driver Program. If you are under 25 and do the training (and stay accident-free), you will get an additional discount.
If you are not satisfied with how your claim is handled by Allstate, they will issue up to a six-month premium credit – and this comes free with all standard policies. Allstate is also a great option if you are looking for more than just car insurance, as they offer many insurance products and allow you to bundle and save. They also offer a safe driving bonus and accident forgiveness.
American Family Insurance is an excellent option if you would like to bundle your home insurance with your car insurance, and they have a long history of providing great customer service to their clients. They also have a great mobile app that will allow you to make claims and track them, pay bills, view policy documents or get roadside assistance.