In the United States, Car Insurance is a most essential bill for every car owner. Car insurance is necessary and also advised for both new and seasoned drivers in order to protect themselves and their vehicles in the event of an accident. The choice of the perfect car insurance company is often confusing for some car owners because of the large number of companies that provide the service. But you don’t have to worry about scouting for the best and most affordable car insurance companies in the US, because we have done that in this article. Below we have compiled a list of the most affordable car insurance companies in the US.
How We Chose The Most Affordable Car Insurance Companies
To come up with this list, we sieved through data from various sources, which included industry reports, financial ratings, and most importantly customer reviews. Our research focus was on the affordability of the premiums and the satisfaction the customers enjoyed. This made sure that we only selected the companies that would offer you the absolute best value for your money, and also secure your peace of mind. Here are the top 10 most affordable car insurance companies in the US:
Geico is one of the most popular and affordable car insurance companies in the US, and over the years they have maintained a world-class standard and topnotch service to customers. Despite having an amazing service, they offer some of the lowest rates in the car insurance industry, with their average annual premium standing at around $1,200. Their customers also enjoy a variety of discounts, including safe driving discounts, multi-policy discounts, and military discounts, among others. You can visit the Geico website, for additional details.
Progressive is another popular and affordable car insurance company in the US. They are known to provide their customers with a range of coverage options and discounts, which include Snapshot, a program that keeps track of your driving style and habits and rewards safe drivers with lower premiums. If you are on a budget, Progressive is a strong choice for you, as its premium sits at around $1,400. You can visit the Progressive website, for additional details.
3. State Farm
State Farm holds the title of the largest car insurance company in the US while offering some of the lowest premium rates to car owners. Most car owners are always concerned about the process of filing a claim and how tedious it can be. But State Farm removes all the stress from the process, as they have a reputation for excellent customer service. Despite having great coverage and service, State Farm maintains an affordable premium of around $1,500. You can visit the State Farm website, for additional details.
Allstate is another amazing and popular car insurance company in the US that is known to offer its customers affordable rates and excellent coverage. Some of the pecks of their premium is providing a variety of options and discounts, which range from ‘safe driver discounts’ to ‘multi-policy discounts’. Allstate offers an annual premium of around $1,600, and with its customer’s reviews remains a major contender and choice for any car owner looking for affordable car insurance in the US. You can visit the Allstate website, for additional details.
Nationwide is another affordable and outstanding car insurance company in the US. They pride themselves in offering amazing customer service and premium rates. They also offer their customers a variety of coverage options and discounts, which include safe driver discounts and multi-policy discounts. If you are having a higher budget, and are looking for an outstanding car insurance policy, Nationwide is a great choice, as they offer an average annual premium of around $1,700. You can visit the Nationwide website, for additional details.
6. American Family Insurance
American Family Insurance is a family-oriented car insurance company in the US, that is well-known for its affordable rates and outstanding customer service. They have a variety of discounts available to their customers. This includes a variety of multi-policy discounts and safe driver discounts. If you and your family are looking for an affordable yet seamless insurance policy, then American Family Insurance with its $1,700 annual premium is a great choice. You can visit the American Family Insurance website, for additional details.
Esurance is a digital insurance company in the US, offering their customers amazing and affordable rates and excellent coverage options. They have a user-friendly website and mobile app that is easy to use when you want to manage your insurance policy or file claims for an accident. With their average annual premium at around $1,800, Esurance is a profound choice for you, if you are looking for a digitally advanced and affordable insurance company in the US. You can visit the Esurance website, for additional details.
8. Farmers Insurance
Farmers Insurance is a popular and well-established insurance company in the US that offers car owners affordable rates and other outstanding coverage options. They have a large client base and have received enormous positive reviews over the years, because of their seamless case filing process. The Multi-policy discounts and safe driver discounts are among the range of discounts they provide to their customers. If you are looking for affordable car insurance with a higher budget, at an annual average of $1,800, Farmers Insurance is a great option for you. You can visit the Farmers Insurance website, for additional details.
9. Travelers Insurance
Travelers Insurance is another reputable digital insurance company in the US. They offer affordable rates and a range of coverage options to their esteemed and satisfied customers. They have a mobile application that brings a rich experience when you want to manage your policy or file a claim. With the average annual premium at around &1,800, Travelers Insurance stands toe to toe with the above-mentioned car insurance companies. You can visit the Travelers Insurance website, for additional details.
10. Liberty Mutual
Liberty Mutual is a popular insurance company in the US. They offer affordable rates and outstanding coverage options to car owners around the United States Of America. Their esteemed customers have amazing reviews for the variety of discounts that are made available to them by Liberty Mutual, which include safe driver discounts and multi-policy discounts. If you have a higher budget to spend on car insurance, their average annual premium of around $1,900 is a good choice to make. You can visit the Liberty Mutual website, for additional details.
NOTE: Please be informed that these average annual premiums for each of these companies are based on national averages and may vary depending on a list of factors, ranging from your location, driving record, and the class of vehicle/car you drive. We advise that you compare quotes from multiple insurance companies to find the best rates and coverage options for you.
Choosing the correct car insurance company is very important and cannot be over-emphasized. This is because the choice you make will go a long way in saving you a lot of money. By selecting and working with one of the most affordable car insurance companies in the US, you can put yourself on the track to getting the best value for your money without sacrificing coverage or the quality of service you should receive if an accident happens. Consider these 10 car insurance companies listed above and compare quotes to find the one that best suits your needs and budget. We wish you all the best in your search. And above all, please drive safely.