The list of Car Insurance Companies in US
Not every auto insurance provider is the same. To understand more about drivers’ experiences with auto insurance, we polled more than 10,000 of them. We paid particular attention to important factors like customer service, claims processing, and brand loyalty. We evaluated the top vehicle insurance providers of 2022 using that information to help you choose the best.
Which Car Insurance Company Is Best?
Our data from 2022 show that USAA is the finest auto insurance provider, however only military personnel can purchase its insurance policies. If that doesn’t apply to you, State Farm, which ranks No. 2 in our research, is your next best choice.
We looked at rate information as well as policyholder opinion to identify the top auto insurance providers, paying close attention to customer service, claims management, customer loyalty, and policy renewal. We also questioned survey respondents how likely it was that they would suggest their current insurance provider to a driver looking for a new coverage.
This list can assist you in comparing insurers for auto insurance depending on the criteria that are most important to you. Although USAA and State Farm are at the top of the list, one of the other eight firms may be a better option for you. As a result, it’s a good idea to research the costs of several insurers before you buy or renew your insurance.
Top Car Insurance Companies in US
|COMPANY||US NEWS RATING||AVERAGE ANNUAL RATE|
|2. State Farm||4.2||$1,267|
|10. American Family||3.7||$1,371|
1/ USSA company
According to our ratings, USAA is the top insurance provider. Our survey from 2022 shows that USAA customers are the most satisfied, most willing to renew their insurance, and most likely to refer USAA to other drivers. In our survey, USAA had the lowest rates overall, outperforming the national average by 35%.
Only those in the military community can purchase USAA insurance products, such as auto, homes, and renters plans. As a result, not all motorists will qualify for coverage from this insurer.
2/ State Farm company
State Farm is No. 2 in our ranking and received ratings that were above average in each of our sub-ratings, including Customer Loyalty and Claims Handling. It also performed well in our ranking of the cheapest car insurance providers for 2022. For drivers who couldn’t get a coverage from USAA, its average prices for those with less than perfect driving records were the lowest in our assessment.
3/ Farmers company
In our rankings for Claims Handling and Customer Service, Farmers is tied for first place. In terms of customer loyalty, it is tied for second. Farmers didn’t fare as well as expected in this category, scoring 4.0 instead of the category average of 4.2.
4/ Nationwide company
Since our 2021 analysis, Nationwide has climbed two positions and is now tied for third place. Nationwide receives above-average scores in all of the subrating categories and ranks second in our Customer Loyalty and Most Likely to be Recommended subratings. Additionally, some drivers, particularly those with a clean driving record or bad credit, might get rates from Nationwide that are below average.
5/ Geico company
With average ratings across the board in areas including Customer Service, Claims Handling, and Customer Loyalty, Geico is ranked third in this year’s ranking. Its premiums are what set it apart, earning it the No. 2 spot in our ranking of the cheapest car insurance providers for 2022. For juvenile and senior drivers as well as those with bad credit, its rates trail USAA, which is rated highest.
6/ Allstate company
This year, Allstate rose three ranks, from No. 9 to No. 6. Although it received somewhat below-average ratings for the most of our subratings, it nevertheless placed fourth in our list of the most likely to be recommended subratings. Allstate’s prices are among the highest when compared to the other insurers in our survey, although some drivers, such as those with a speeding ticket, might find them to be somewhat competitive.
7/ Travelers company
Travelers also made some progress this year, climbing two spots to tie for the sixth slot. Despite having a worse customer service rating than seven other insurers in our survey, Travelers ranks first in the category for claims handling and third in the category for renewal likelihood. Also scoring above average for insurance renewal, Travelers provides premiums that are frequently cheaper than the national average.
8/ Progessive company
In our study, Progressive is ranked eighth. Customers are usually happy with how simple it is to open a policy, but Progressive comes in last in our Best for Customer Loyalty category and has below-average ratings across the board. Additionally, Progressive consumers claim that they are less inclined to repurchase insurance or refer the company to other motorists. However, people with a DUI could be able to use Progressive’s funds. In our investigation, its rates for those drivers are some of the lowest.
9/ AAA company
New to our list of the Best Car Insurance Companies, AAA is tied for eighth place with Progressive. In every category we looked at, it scored below average. It did, however, surpass Allstate, Farmers, Progressive, and American Family to claim the No. 6 spot in our Most Likely to be Renewed subrating. Although AAA has the highest average premiums in our survey, drivers should request a quote to see if their particular rate is more affordable.
10/ American Family
American Family is now ranked No. 10 in our research after falling four positions this year. Its ratings are the lowest across the board, with the exception of our Best for Customer Loyalty category, where American Family beats Progressive by a hair. American Family does offer affordable rates for some drivers, particularly young drivers, those with bad credit, those with an accident or a DUI on their record, and those with low credit scores.