The 10 Best Car Insurance Companies (2023)
Insurify ranked the best national and regional car insurance companies by looking at benefits, prices, and reviews.
It can take a lot of time to find a car insurance company that fits your budget and gives you and your car good coverage, which is why so many people end up staying with the same company for years. But just because you got a good deal from a company a year or two ago doesn’t mean it’s still the best choice for you now.
Check out Insurify’s list of America’s ten best car insurance companies to find out which ones offer the best prices for good coverage. Once you’ve looked through our list, use Insurify’s car insurance comparison tool to compare policies and prices based on your unique driving background. This will help you find the right coverage for your needs.
Clearcover may be the right company for you if you want a cutting-edge insurance company that uses 21st-century technology to offer drivers savings that can’t be beat. Clearcover was started in 2016 and is based in Chicago. It has the best ICS score on this list, 97, and is known for helping drivers save money.
Customers of Clearcover love how easy the company’s mobile app is to use. This new kid on the block also offers roadside help and coverage for rideshares. Clearcover is different from most other insurance companies in that you don’t have to ask for savings. Instead, any discounts you are eligible for are added to your policy immediately.
Find out more about how much Clearcover’s car insurance costs on average each month for drivers in the different groups below. This information comes from Insurify’s database of millions of unique driver quotes.
One thing to keep in mind is that Clearcover is only offered right now in the states of Arizona, California, Illinois, Ohio, Louisiana, Texas, Utah, and Wisconsin. If you live somewhere else, keep reading to find out more about the other companies in our top 10 so you can get the best deals.
Nationwide is one of the most popular and well-known auto insurance companies. This image is well-deserved. Nationwide has a high ICS score of 89, and customers in all 50 states like its extensive accident forgiveness program and the fact that it can bundle almost any type of insurance.
Nationwide also gives safe drivers lower prices. The average monthly premium for a safe driver at Nationwide is $170, which is $31 less than the average monthly premium for all the insurers on this list. Nationwide is a great choice if you want a strong, trustworthy insurance company with a great track record.
American Family is known for having cheap car insurance rates for families with teen drivers. Teens who take part in the insurer’s Teen Safe Driving program can get 10% off their policy price. The ICS number for American Family is also very high, at 89.
Safeco, which was formed in Seattle in 1923 as the General Insurance Company of America, is less well-known than some of the other companies on this list. However, it is a good choice for drivers who are considered “high risk” because they have accidents, speeding tickets, or other traffic violations on their driving records. If a Safeco driver has been in an accident before, they pay an average of $225 per month.
Safeco also charges drivers with bad credit less on average than many bigger insurance companies, and they can also get SR-22 and FR-44 forms from them if they need them. Safeco is a good choice to think about if you haven’t been the best driver in the past and want to lower your insurance costs.
Farmers has the trustworthiness and history of a big-name insurance company. It also has a claims process that is reassuringly thorough and a lot of perks, such as deals for families and people who want to save money and rideshare coverage that is better than the industry standard. Farmers was one of the first big insurance companies to cover Uber and Lyft drivers with rideshare insurance.
Farmers, which started out in 1928 as Farmers Insurance Group, is known for being able to handle even the most confusing and complicated car insurance claims. This makes Farmers a safe bet if you’re looking for great customer service or deals for growing families, like Farmers’ shared family car policy. You can save money by putting all of your Farmers insurance together.
Foremost may not be as well-known as other car insurance companies, but staying out of the spotlight isn’t always a bad thing. The company, which started out as “MetLife” and has been around since 1868, offers many different kinds of insurance as well as apps for making claims on your phone and tracking your car with telematics. Foremost has great scores in the industry, so you know it’s easy to file a claim with them.
With an above-average Insurify ICS score of 82, one of the more unique things Foremost has to offer is that all of its home, car, and renters policies come with protection against identity theft. Foremost’s homeowners insurance is also very well-liked, so drivers who want to bundle their car and home insurance policies might want to consider the company.
Liberty Mutual and its well-known mascot, the LiMu Emu, are big names in the insurance business. But drivers may not know that the century-old insurance company takes a surprisingly modern approach to customer service and claims. It has a high-tech mobile app that customers love and a complex telematics program called RightTrack that tracks your driving to give you discounts.
If you’re only looking for the lowest rates, you may end up paying a little more for your Liberty Mutual car insurance than you expected. But the company more than makes up for it with the perks listed above, as well as a wide range of deals and a strong policy for letting accidents slide.
Even though many insurance companies have moved to a fully digital customer experience, Mercury still sees the value of in-person customer service and gives each driver their own insurance agent. Forbes Magazine called Mercury Insurance Group one of “America’s 50 Most Trustworthy Companies” in 2015. The company was started in 1963 as the Mercury Insurance Group.
Mercury, on the other hand, is only sold in 11 states: Arizona, California, Florida, Georgia, Illinois, Nevada, New Jersey, New York, Oklahoma, Texas, and Virginia. Check out some of the other companies on this list if you live somewhere else.
Progressive is a name that everyone knows. The insurance company is known for its famous spokesperson, Flo. It is the third biggest in the U.S., after State Farm and GEICO. Progressive has a big-tent approach to car insurance. They offer a lot of different types of coverage and are known for handling cases quickly and giving seniors cheap rates.
As one of the most well-known insurance companies in the country, Progressive gives its customers a wide range of policy choices, from the state-required minimum coverage to premium comprehensive coverage that pays for all personal property and medical costs. The company has a good ICS score of 80 and offers savings for all types of drivers.
A lot of American drivers know about Travelers insurance and its famous red umbrella. But they might not know that the insurance company has deals that are better than average for young drivers and people who want to add a spouse or child to their plan. Travelers is one of the oldest insurance companies around, and its finances are as stable as they come.
Online insurance reviews by Traveler point out that the company makes it easy to file car claims, bundles different types of insurance, and has good customer service. Travelers is a good choice for young drivers because drivers under 25 pay an average of $234 per month, which is $95 less than the average for the other companies on this list.