Best Auto Insurance Companies That Offer Cash Back for Safe Drivers (2024)

There are quite a few auto insurance companies that offer cash back for safe drivers. No matter which company you go with, a safe driving record can significantly cut down on your car insurance rates.

There are many factors that affect auto insurance rates, and consistently safe driving is a major contributor to the price of your insurance rates.

As a driver with no infractions on your record, you are demonstrating that you are responsible and care about your safety and your investment in your vehicle. These are exactly the things insurance companies want to see.

Before learning more about auto insurance companies that offer cashback for safe drivers, enter your ZIP code above to instantly compare insurance rates near you.

Best Auto Insurance for a Driver with a Clean Record: Allstate

11,412 reviews

4.00

Company Facts

Average Monthly Rate For Good Drivers

$160

A.M. Best Rating

A+

Complaint Level

Low

Pros & Cons

• Multiple coverage options
• Various discounts
• Additional savings programs

• Lower than average customer service ratings
• Higher than average auto insurance rates

» Allstate Auto Insurance Review

11,412 reviews

Compare Rates →

Cheapest Auto Insurance for a Driver with a Clean Record: State Farm

17,754 reviews

4.09

Company Facts

Average Monthly Rate For Good Drivers

$86

A.M. Best Rating

A+

Complaint Level

Low

Pros & Cons

• One of the largest insurance companies in the US
• High levels of customer satisfaction
• Affordable rates for people with a speeding ticket or an accident on their record
• Wide variety of discounts available
• Rideshare insurance

• High rates for drivers with poor credit scores
• No gap coverage
• Options like new vehicle replacement, vanishing deductibles, and accident forgiveness are not available

» State Farm Auto Insurance Review

17,754 reviews

Compare Rates →

Runner Up Auto Insurance for a Driver with a Clean Record: Geico

19,116 reviews

4.11

Company Facts

Average Monthly Rate For Good Drivers

$82

A.M. Best Rating

A++

Complaint Level

Low

Pros & Cons

• Affordable rates
• High customer satisfaction
• Extensive discounts

• No gap coverage
• Higher rates for drivers with a DUI

» Geico Auto Insurance Review

19,116 reviews

Compare Rates →

What auto insurance companies are best for safe drivers?

Car insurance rates are calculated differently from company to company. It can sometimes be difficult to discern exactly which company is the best choice within your budget.

Securing cheap auto insurance rates is sometimes easier said than done. However, comparing the leading insurance providers in the country can help demystify the process.

According to this data, USAA and State Farm typically offer the cheapest rates for good drivers. Remember, your personal rates may vary. This information does not take other additional discounts and cash back programs into account.

Slightly higher auto insurance rates from companies that offer cash back for safe drivers can be excused in favor of later cash back payouts. 

For example, Allstate does not have the lowest rates upon first glance, but safe drivers can enjoy cash back in the form of a safe drivers bonus refund.

Auto insurance quotes from companies that offer cash back for safe drivers do not include the savings you can make over time. With these added bonuses, it’s easy to lower your monthly rates with just your safe driving habits. 

Auto Insurance Companies That Offer Cash Back for Safe Drivers

Allstate is one of the few auto insurance companies that offer cash back for safe drivers through the safe drivers bonus refund. But, what is the safe drivers bonus refund?

The safe drivers bonus refund is a program for Allstate customers who do not file a claim within a certain period of time.

Essentially, drivers will receive a bonus check for every six months they go without an accident. Allstate customers can opt into the safe drivers bonus refund program online or through their agent.

How much is the safe driving bonus from Allstate?

The safe drivers bonus refund does have some limits and restrictions. Through the program, a safe driver can receive up to 5% of their policy insurance premium. This amount is then applied to their renewal policy.

For example, a driver that pays $500 total for their six months of car insurance coverage is then eligible to receive $25 for their next policy term.

Auto Insurance Companies That Don’t Offer Cash Back for Safe Drivers

Most car insurance companies will provide substantial benefits for safe drivers. However, many of them do not include direct cash back programs.

The Insurance Information Institute indicates that securing a good discount on your car insurance can go a long way.

Insurers like Farmers, Liberty Mutual, and Nationwide, among others, only provide discounts to a safe driver’s policy. While these are not exactly as rewarding as a check in the mail, they can still help you save big.

Best Auto Insurance Discounts for Good Drivers

Utilizing car insurance discounts is a great way to cut down on your insurance costs. These discounts are special offers that can help you save up to 35% on your annual premium. Many companies offer a variety of discounts, including policy, driver, and vehicle discounts.

Here is a comprehensive overview of six car insurance discounts you should ask about to save:

Auto Insurance Discounts for Installing an Anti-Theft Device

Having or installing an alarm, LoJack, or steering wheel locks can all help prevent your vehicle from being stolen. These added safety features better protect your investment, and providers will offer between 5% to 25% in savings.

Auto Insurance Discounts for Multiple Vehicles on the Same Policy

Having multiple vehicles on the same policy helps save on paperwork and costs. If you have multiple vehicles associated with the same address, it may be best to save the hassle and combine your coverage.

These discounts typically save drivers between 10% to 25%.

Auto Insurance Discounts for Bundling Multiple Insurance Policies

Similarly to multi-vehicle discounts, bundling other insurance policies can help you save on your overall costs. If you choose to use the same insurer for your homeowners, renter’s, home, life, and/or car insurance, you can expect to save between 1% to 15%.

Auto Insurance Discounts for Good Students

Maintaining a good GPA can help you or your teens save on your insurance costs. Limitations vary, but you can expect to save anywhere from 5% to 20% just by hitting the books.

Auto Insurance Discounts for Low Mileage

For a pay-as-you-go approach, you can opt into allowing your insurance company to track your driving habits and mileage over time. You can learn more in our Hugo auto insurance review. These factors are usually monitored through a smartphone app or a small device in your car.

Drivers who opt into these programs see savings of up to 30% annually.

Auto Insurance Discounts for Defensive Driving Classes

Defensive driving courses are a great investment for new and seasoned drivers alike. These classes usually take about four to eight hours of time to review safety information, better driving techniques, and driving laws.

Insurance companies will provide a 5% to 20% discount annually for drivers who complete defensive driving courses.

If you’re ready to buy auto insurance from companies that offer cash back for safe drivers, enter your ZIP code below to instantly compare car insurance rates near you for free.