Who are the reputable auto insurance companies? (2024)
The top five auto insurance providers in the US are Nationwide, Allstate, Progressive, State Farm, and Geico. Compare quotes below.
Free Car Insurance Comparison
Compare Quotes From Top Companies and Save
Secured with SHA-256 Encryption
Kristen Gryglik
Licensed Insurance Agent
Kristen is a licensed insurance agent working in the greater Boston area. She has over 20 years of experience counseling individuals and businesses on which insurance policies best fit their needs and budgets. She knows everyone has their own unique needs and circumstances, and she is passionate about counseling others on which policy is right for them. Licensed in Massachusetts, New Hampshire,...
Licensed Insurance Agent
UPDATED: Sep 4, 2024
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident auto insurance decisions. Comparison shopping should be easy. We are not affiliated with any one auto insurance provider and cannot guarantee quotes from any single provider. Our partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.
Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.
UPDATED: Sep 4, 2024
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident auto insurance decisions. Comparison shopping should be easy. We are not affiliated with any one auto insurance provider and cannot guarantee quotes from any single provider. Our partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.
On This Page
Many individuals and families seek a reputable auto insurance company to provide insurance coverage for their vehicles. It may be to purchase a new automobile, or it may be to find a new company because an existing policy raised premium costs.
With so many companies selling auto insurance in the current market, it is difficult to choose one company.
A direct comparison between the various well-known companies may help in making a decision.
Start comparing quotes today! Enter your ZIP code into our FREE auto insurance comparison tool!
- Nationwide has been offering auto insurance for over 80 years and currently has assets totaling over $135 billion
- Allstate has been around since 1931 and currently has assets over $125 billion
- Geico (Government Employees Insurance Company) was established in 1936 and focused on military and government personnel
Top of the Line
These do not include the best new auto insurance companies, but some well-known names in the auto insurance field include the following, listed in no particular order:
- Nationwide
- Allstate
- Progressive
- State Farm
- Geico
Free Auto Insurance Comparison
Enter your ZIP code below to view companies that have cheap auto insurance rates.
Secured with SHA-256 Encryption
Nationwide
Nationwide has been offering auto insurance for over 80 years and currently has assets totaling over $135 billion. Their popular motto is “Nationwide is on your side.”
Company Financial Strength Ratings:
- A.M. Best – rated A+
- S&P – rated A+
- Moody’s – rated A1
Special features offered by Nationwide include a 100 rent repair guarantee, 24 hour/7 days a week claims service, accident forgiveness, and a vanishing deductible.
Additional discounts are available for qualified individuals.
Discounts may be given if more than one vehicle is insured, or if multiple insurance policies are held by Nationwide (such as auto and home).
In addition to offering comprehensive auto insurance coverage, Nationwide also offers additional insurance coverage for items besides auto.
They insure other vehicles such as motorcycles and boats, as well as coverage for homes and even farms.
Allstate
Allstate has been around since 1931 and currently has assets over $125 billion. Their popular motto is “You’re in good hands with Allstate.”
Company Financial Strength Ratings:
- A.M. Best – rated A+
- S&P – rated AA-
- Moody’s – rated Aa3
Special features offered by Allstate include a claim satisfaction guarantee, which can equal up to six months worth of premium costs.
If insurance policies are bundled together, you may qualify for an additional auto insurance discount.
Allstate offers insurance for auto and home, as well as life and retirement products, under a variety of brand names. Esurance is an Allstate company that offers auto insurance products online directly to the consumer.
Progressive
Progressive has been offering insurance products since 1937 and leading the advances in innovation for added convenience to customers.
Company Financial Strength Ratings:
- A.M. Best – rated A+
- S&P – rated AA
- Moody’s – rated Aa2
Special features offered by Progressive include direct premium comparisons between Progressive and other well-known insurance companies as well as online policy servicing (to make payments or file a claim).
Unique Name Your Price tool allows any policy quote to be adjusted to meet the financial budget of any consumer.
The newest innovation is called Snapshot.
Consumers may earn a discount for driving safely by installing a Snapshot device, which will record individual driving information and habits for a specific period of time.
Progressive offers auto insurance as well as insurance for other vehicles including motorcycles, boats, and even RVs.
Quotes may be obtained online or through an insurance agent, but prices and products may differ.
Free Auto Insurance Comparison
Enter your ZIP code below to view companies that have cheap auto insurance rates.
Secured with SHA-256 Encryption
State Farm
State Farm has been around since 1922, with a focus on providing auto insurance at an affordable price to customers.
With over 18,000 Agents all over North America, State Farm currently handles over 80 million policies.
The company focused on honesty and integrity since its inception and continues to do so today.
Company Financial Strength Ratings:
- A.M. Best – rated A++
- S&P – rated AA
- Fitch – rated AA+
State Farm insurance agents and offices can be found throughout the United States. Insurance covered is offered for automobiles, boats, and homes.
Additional insurance products include business, life, annuities, health, and disability.
Geico
Many are familiar with the little green gecko spokesperson or the motto “You can save 15 percent or more on your car insurance.”
Geico (Government Employees Insurance Company) was established in 1936 and focused on military and government personnel.
It became a subsidiary of Berkshire Hathaway, Inc. in 1996, with assets over $28 billion.
Company Financial Strength Ratings:
- A.M. Best – rated A++
- S&P – rated AA+
- Moody’s – rated Aa1
Additional insurance policies are available for other vehicles, such as motorcycle, RV, ATV, and boat.
Home and flood insurance policies are available for many types of homes, such as single family homes, condos, mobile homes and even insurance for renters.
Life insurance, personal umbrella protection, and identity theft protection are also offered by Geico.
All of the insurance companies described above are considered “A” rated companies, but each provides a different approach to auto insurance.
Some may provide a physical office location with a local agent, while others focus on the internet to reach customers.
Some may focus on savings, while others focus on insurance coverage and benefits.
For more detailed information on obtaining an insurance quote, use our FREE online comparison tool by entering your ZIP code!
Frequently Asked Questions
What are the special features offered by Nationwide?
Nationwide offers a 100 rent repair guarantee, 24/7 claims service, accident forgiveness, and a vanishing deductible. They also provide additional discounts for multiple vehicles or policies.
Who oversees auto insurance companies?
Auto insurance companies are regulated by various state insurance departments and regulatory bodies. These entities ensure that insurance companies comply with laws, regulations, and consumer protection measures.
What types of coverage are typically included in auto insurance policies?
Auto insurance policies typically include liability coverage (for bodily injury and property damage), collision coverage (for damages to your vehicle in an accident), comprehensive coverage (for non-collision-related damages), and uninsured/underinsured motorist coverage.
Can I add additional drivers to my auto insurance policy?
Yes, most auto insurance policies allow you to add additional drivers, such as family members or household members, to your policy. However, it’s important to disclose all drivers and their driving histories to ensure proper coverage.
How can I save money on auto insurance?
You can save money on auto insurance by maintaining a good driving record, bundling your policies (such as auto and home insurance), opting for a higher deductible, and taking advantage of available discounts.
What is a deductible in auto insurance?
A deductible is the amount you agree to pay out of pocket towards a claim before your insurance coverage kicks in. Choosing a higher deductible can lower your premium, but you’ll have to pay more in the event of a claim.
Free Auto Insurance Comparison
Enter your ZIP code below to view companies that have cheap auto insurance rates.
Secured with SHA-256 Encryption
Kristen Gryglik
Licensed Insurance Agent
Kristen is a licensed insurance agent working in the greater Boston area. She has over 20 years of experience counseling individuals and businesses on which insurance policies best fit their needs and budgets. She knows everyone has their own unique needs and circumstances, and she is passionate about counseling others on which policy is right for them. Licensed in Massachusetts, New Hampshire,...
Licensed Insurance Agent
Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.