The Best Car Insurance Companies Are State Farm, USAA, Geico, Erie and Travelers Based on Cost, Coverage, Reputation, Availability and Service
Choosing the best auto insurance provider for you can be intimidating. That’s why we at the Home Media reviews team have done the legwork for you. In this article, we narrow down the top 10 car insurance companies in the industry and provide detailed reviews of the five best car insurance providers.
Car Insurance Reviews
After thoroughly researching the auto insurance market and reviewing each company’s reputation, availability, coverage options, discounts and customer experience, 10 companies stood out among the competition as the best car insurance providers.
Best Auto Insurance Companies
We’ll take a closer look at our top 10 picks for best auto insurance companies here:
Auto Insurance Company Ratings
When ranking these insurers, our team considered state availability, breadth of coverage, pricing and satisfaction scores from experts like J.D. Power.
We also took into account AM Best financial strength ratings and complaint volume as reported by the National Association of Insurance Commissioners (NAIC). Each insurer was graded on a 10-point scale.
Best Car Insurance Companies
Our top five picks for the best car insurance are State Farm, USAA, Geico, Erie and Travelers. In the sections below we provide a more detailed assessment of each of these providers:
#1 State Farm: Editor’s Choice
Average cost: $$
Number of discounts: 13
Usage-based insurance: Drive Safe & Save™ (not available in California, Massachusetts and Rhode Island)
State Farm is another strong choice when it comes to finding the best auto insurance in the industry. Our January 2022 insurance survey found the insurer is the most popular provider among the 1,000 respondents surveyed, with 13% saying they purchased State Farm insurance coverage.
- Drive Safe & Save: State Farm tracks and rewards safe driving habits through the Drive Safe & Save mobile app. By reducing driving behaviors such as quick acceleration, hard braking and speeding, drivers can earn up to 30% off their premiums. This program is not available in California, Massachusetts or Rhode Island.
- Steer Clear®: Teens and new drivers can receive course training, mentoring, driving practice and a program certification to encourage good driving habits. After successfully completing the program, drivers get a discount on their auto insurance premium.
#2 USAA: Low Rates for Military
Average cost: $
Number of discounts: 12
Usage-based insurance: SafePilot™ in 37 states