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Top 5 car insurance companies

Top 5 car insurance companies

When buying a car, one of the important things to ensure is to buy car insurance that is most suited for your requirements. There are several insurance companies in the market, and it may seem overwhelming to choose from these multiple options. However, we bring to you some of the most popular choices that may best suit you. Browse and see which insurance provider caters to your needs the most.

Erie Insurance
Erie Insurance has been in the industry since 1925 and has since made its strong presence felt in the auto insurance market. The company, committed to a culture of service, retains 90% of its customers year after year, as mentioned on its website. Erie Insurance covers several features in their auto insurance policies, including pet coverage, personal item coverage, and auto glass repair. Apart from this, they have other coverage plans that can help you during a roadside emergency and even help you with locksmith services when there is a mix-up with your car keys. They have ERIE Auto Plus®, which will get you some premium features to your regular coverage plan at an affordable price of approximately $35.

USAA
USAA, known for its award-winning services, is another popular choice amongst auto owners. According to a survey conducted by them, their members saved about $725 each year in insurance money by switching to USAA, which makes for a big amount for many car owners. They have 24/7 customer service available through their website and app, and they also provide competitive rates to their customers. This makes them the cheapest car insurance company, according to U.S. News and World Report. Being a member of USAA has car insurance perks and has other benefits like offers and discounts on shopping and entertainment.

State Farm
The company provides several coverage policies and also other discounts and offers. They offer coverage on sports cars and rental cars and for licensed teenage drivers. In fact, they have a feature called Good Student Rewards, which gives teenagers a 25% discount if they get good grades in school. Another discount feature is called Steer Clear. It is for all those under the age of 25. According to the Steer Clear offer, if you have not been involved in any fender bender or other car accidents in the past three years, you could be eligible for a discount of up to 15%. You can get a free quote through their website by entering your details.

Travelers
They also have different coverage plans like Liability Coverage, Roadside Assistance, and Loan or Lease Gap Insurance, which caters to a variety of needs of every customer. Apart from the basic policies, they have special discount offers, including Multi-Policy Discount, Safe Driver Discount, Good Student Discount. Since hybrid and electric cars are getting popular in the market, Travelers provides a special offer on the insurance of those vehicles as well. In a house that has multiple cars, getting a MultiCar Discount could save the family some money.

GEICO
With its detailed coverage plans and good discounts, GEICO serves its customers some of the most affordable options for car insurance. They have basic plans like Bodily Injury, Property Damage, and Uninsured Motorist. They also have additional options like Rental Reimbursement and Emergency Roadside Assistance. Their customer service is available 24/7, making it easy to get in touch with them. They have specific discount offers like Federal Employees Discount, Military Discount, Senior Driver Discount, and more.

Make sure to speak to an agent directly to understand all the services of the companies mentioned above.