The Best Car Insurance Companies of 2020

If you’re a driver, it’s required that you carry auto insurance — no matter where you live. In the U.S. the average cost of full coverage car insurance is $1,555, which breaks down to $130 per month. That’s not inconsequential. To help you navigate the auto insurance highway we’ve compiled a list of the best car insurance companies of 2020. Some will definitely save you money, while others can give you the most complete coverage or support. We used our proprietary SimpleScore,to compare discounts, customer satisfaction, coverage options, digital accessibility and customer support to rate and review the best car insurance companies.

Compare Affordable Auto Insurance Rates

Save money on auto coverage with our simple comparison tool.

Matching you with providers.
We found results in
Click at least 2-3 companies to find the very best rate.
    In this article

      The 6 best car insurance companies of 2020

      Compare the top rated car insurance companies of 2020

      SimpleScore J.D. Power Rating AM Best Rating BBB Rating S&P Rating
      Amica 4.4 5/5 A++ N/A AA
      State Farm 4.4 3/5 A++ N/A AA
      Progressive 4.2 3/5 A+ A+ AA
      The Hartford 3.2 3/5 A N/A AA+
      GEICO 4.2 3/5 A++ N/A AA+
      USAA 4.6 5/5 A++ N/A AA+

      Best overall car insurance company – Amica

      Amica is the Subway of insurance companies. You don’t have to stick to just ham and bread, it allows you to customize your coverage to your liking.

      J.D. Power Rating
      5/5
      AM Best Rating
      A++
      Standard & Poor’s
      AA
      SimpleScore
      4.4 / 5.0
      close
      SimpleScore Amica 4.4
      Discounts 5
      Coverage Options 4
      Customer Satisfaction 5
      Support 4
      Accessibility 4

      Earning the highest rating in the New England region in J.D. Power’s 2020 customer satisfaction report, Amica takes the spot for best overall company on our list. Allowing consumers to get a free quote online, Amica lets you customize your coverage to meet your needs. The oldest mutual insurer in the industry, it has received the highest Consumer Reports rating among auto insurance providers — as it has every year since at least 1999.

      Amica offers your standard fare of auto coverage, including comprehensive, collision and uninsured motorist. Along with extra features that you won’t find anywhere else –– free lock replacement, no-charge damaged glass repair and free airbag repair.

      Best car insurance for customer support – State Farm

      State Farm is like a peanut butter and jelly sandwich — no thrills and little customization, but still a crowd pleaser.

      J.D. Power Rating
      3/5
      AM Best Rating
      A++
      Standard & Poor’s
      AA
      SimpleScore
      4.4 / 5.0
      close
      SimpleScore State Farm 4.4
      Affordability 4
      Coverage Options 5
      Customer Satisfaction 3
      Support 5
      Accessibility 5

      State Farm is the largest car insurance company in the nation. Fortunately, it’s also one of the best, especially when it comes to the customer service experience. Receiving high praise from J.D. power for its service interaction and claims handling, State Farm has the most positive remarks by far.

      Another advantage State Farm claims is how easy it is to get in contact with an agent. With 19,000 agents, you can easily call them to file a claim. But if you don’t have time for a phone call, the State Farm mobile app allows you to contact a representative or send a picture of the damage. A user-friendly app is something we often take for granted, but not all companies have this luxury. Amica, for example, doesn’t allow you to connect with an agent or file a claim via an app.

      Beyond comprehensive, collision and liability insurance, State Farm offers Uber or Lyft drivers rideshare driver coverage. Another useful coverage is State Farm’s emergency roadside coverage, you’ll have access to onsite repairs (up to one hour), towing, a locksmith or the free delivery of gas, a tire, or battery. Read our full State Farm review.

      State Farm has the best online quote tool, though it lacks a few common driver discounts and important coverage options

      Best car insurance for discounts – Progressive

      Flo’s signature red lipstick and funny storytelling aren’t a sham — you really can save by switching to Progressive.

      J.D. Power Rating
      3/5
      AM Best Rating
      A+
      Standard & Poor’s
      AA
      SimpleScore
      4.2 / 5.0
      close
      SimpleScore Progressive 4.2
      Discounts 4
      Coverage Options 5
      Customer Satisfaction 3
      Support 5
      Accessibility 4

      The fourth-largest auto insurer in the U.S., Progressive provides customers with an array of discounts and special coverages that have the potential to significantly reduce your monthly bill. Unique to Progressive, the Snapshot tool bases your rate on your driving habits – like how often you drive, if you slam on the break or if you used your phone while driving. You’ll get an automatic discount for using the Snapshot app.

      Progressive also earned an “A+ Superior” stability rating from AM Best, which shows its solid financial footing to cover any claims.
      In addition to the typical insurance coverages like liability, collision and comprehensive, Progressive offers coverage options that other companies lack. Gap insurance from Progessive covers 125% of the cost of the car if it’s totaled while you’re still making payments. An even less common type of coverage, free pet injury coverage that pays any veterinary bills if your pets are injured in an auto accident.

      With solid customer experience and plenty of discount options, Progressive has plenty to look forward to. But there is still room for improvement. Its rate guarantee only lasts for the duration of a six-month policy.

      Best car insurance for policy options – The Hartford

      A great car insurance for retirees, you just need to be over 50 and an AARP member to enjoy the low rates and exceptional customer service The Hartford has to offer.

      J.D. Power Rating
      3/5
      AM Best Rating
      A
      Standard & Poor’s
      AA+
      SimpleScore
      3.2 / 5.0
      close
      SimpleScore The Hartford 3.2
      Discounts 2
      Coverage Options 5
      Customer Satisfaction 3
      Support 3
      Accessibility 3

      Even though The Hartford is only the nation’s 13th largest insurer, it still packs a punch. According to J.D. Power’s 2020 report, it’s rated highest among mid-sized insurance companies. Hartford offers a wide range of policy options and benefits, including rates based on how much you actually drive and a new car replacement program for cars totaled shortly after purchase.

      What Hartford offers customers is what you expect from most car insurance companies, though it does add perks for AARP members. Perks include: lifetime warranties for repairs done at approved shops and the RecoverCare program that reimburses you for the cost of home services while you recover from a collision. Some of the reimbursable services include home cleaning, snow removal, dog walking, lawn mowing and transportation.

      The Hartford offers customers mechanical breakdown coverage and a lot of useful policy benefits. While customers report an excellent purchase experience, The Hartford doesn’t have many online education resources and only has an average claims satisfaction rating.

      Best car insurance for tech-savvy consumers – GEICO

      We’ve all seen the ads: The gecko with the charming accent, the cavemen, the “wee” piggy and that camel who loves Wednesdays. Catchy advertising aside, Geico stands out from its competitors with low rates and plenty of discounts.

      J.D. Power Rating
      3/5
      AM Best Rating
      A++
      Standard & Poor’s
      AA+
      SimpleScore
      4.2 / 5.0
      close
      SimpleScore GEICO 4.2
      Discounts 4
      Coverage Options 4
      Customer Satisfaction 4
      Support 4
      Accessibility 5

      Geico is the second-largest car insurance provider in the United States for a reason. It caters to the tech-savvy consumer. For those who don’t want to speak to an agent or listen to the never-ending elevator music while you’re on hold, Geico’s superior mobile app comes in handy. With the ability to personalize your alerts and access all of your important information, Geico Mobile makes things easy.

      Geico’s range of coverage includes the standard fare — collision, comprehensive and liability insurance. Unlike many other companies, rideshare insurance for Lyft and Uber drivers is also available. Geico does offer mechanical breakdown coverage, though it’s only for new cars less than 15 months old with less than 15,000 miles. While it’s not applicable to all people, if you fall into this category, you’ll be able to renew mechanical breakdown coverage for up to seven years or 100,000 miles.

      Geico has a lot of upsides. It draws customers in with a superior mobile app and a variety of discounts. Rideshare coverage is a major plus, but Geico lacks gap coverage.

      State Farm has the best online quote tool, though it lacks a few common driver discounts and important coverage options.

      Best car insurance for military members and families – USAA

      If USAA was in “Mean Girls,” it’d be Regina George. Everyone wants to be in its inner circle and get its exclusive rates.

      J.D. Power Rating
      5/5
      AM Best Rating
      A++
      Standard & Poor’s
      AA+
      SimpleScore
      4.6 / 5.0
      close
      SimpleScore USAA 4.6
      Discounts 3
      Coverage Options 5
      Customer Satisfaction 5
      Support 5
      Accessibility 5

      Throughout our research, we found that USAA’s stellar reputation holds true. USAA is one of the three highest-rated automotive insurers in the country –– but it isn’t available to everyone. Only active service members, veterans and their families are eligible for a car insurance policy through USAA. Given there are such strict restrictions, you should expect the quote process to take longer and be more involved than other competitors. Though that’s a small price to pay for its exemplary service and established reputation.

      USAA provides a standard fare of vehicle coverage and roadside assistance. It may not be the most innovative when it comes to coverages, but it’s one of the highest-rated insurance companies out there. With some of the lowest average premiums, USAA is a great option for car insurance if you fall into one of their eligibility categories. Read our full USAA review.

      As a company, USAA offers a flawless purchase experience for its customers. But there are still some catches. Missing a few key vehicle coverages, the main downside to USAA is the strict membership restrictions.

      Other car insurance companies to consider

      Many of the best car insurance companies operate regionally, meaning they aren’t available in all areas of the country. Here are some of the other best car insurance companies worth checking out

      Although it only serves the East Coast, Erie has world-class auto insurance that can cover your car and more.

      J.D. Power Rating
      2/5
      AM Best Rating
      A+
      Standard & Poor’s
      AA
      SimpleScore
      4.2 / 5.0
      close
      SimpleScore Erie 4.2
      Discounts 3
      Coverage Options 5
      Customer Satisfaction 4
      Support 5
      Accessibility 4

      Erie Insurance serves customers who live in the South, Midwest or Mid-Atlantic regions. Consistently receiving high marks from J.D. Power and Consumer Reports and with above-average customer service ratings including the ability to personalize your coverage, Erie is worth considering.

      Erie’s limited availability is the reason it didn’t make our top five recommendations. It only serves residents of Illinois, Indiana, Kentucky, Maryland, New York, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia, Wisconsin and certain parts of the District of Columbia.

      Erie is one of the best commercial auto insurers, offering policies that come standard with coverage for road service, lawyer fees and loss of earnings. It also has comprehensive coverage options that include extras like money toward rental cars after a crash — which is an add-on policy with most insurers.

      Using an agent-only model, Auto-Owners Insurance is a great choice for people who are tired of pressing buttons and would rather cut to the chase with a real person on the line.

      J.D. Power Rating
      4/5
      AM Best Rating
      A++
      Standard & Poor’s
      N/A
      SimpleScore
      3.8 / 5.0
      close
      SimpleScore Auto-Owners – Auto Insurance 3.8
      Affordability 3
      Coverage Options 4
      Customer Satisfaction 4
      Support 4
      Accessibility 4

      Auto-Owners has the types of coverages you’d expect –– liability, comprehensive and collision coverages. Though unlike many other options, it offers gap insurance to make up for the amount you owe on your vehicle loan or lease should the car be totaled. The Personal Automobile Plus package allows consumers to benefit from 10 additional coverages, including cell phone insurance and rekeying your locks. The company scored a nearly perfect score in J.D. Power’s 2019 satisfaction report, falling short only in the realm of its rental car experience.

      Auto-Owners Insurance operates in: Alabama, Arizona, Arkansas, Colorado, Florida, Georgia, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Michigan, Minnesota, Missouri, Nebraska, North Carolina, North Dakota, Ohio, Pennsylvania, South Carolina, South Dakota, Tennessee, Utah, Virginia and Wisconsin.

      Compare the pros and cons of our top picks

      CarrierProsCons
      Amica MutualGreat rates and discountsMore likely to deny coverage
      GeicoAffordability and discountsCustomer service is only average
      ProgressiveWide selection of coverageLow rated customer service
      State FarmExcellent customer serviceLittle flexibility in coverage
      The HartfordGreat for AARP membersRates are above average
      USAAGuaranteed renewalNot available to non-military

      The best auto insurance companies explained

      How does car insurance work?

      Auto insurance is how you pay for the damages after a car accident — damages to yourself, your car and in some cases, other drivers’ cars.

      In the event of a collision or accident, your deductible is the amount you pay before your insurance carrier will step in to cover the rest. The higher the deductible, the more you have to pay before the policy kicks in. For example, if your deductible is $1,000 and you have $1,200 worth of damages to your car after a collision, you will pay $1,000 and insurance will cover the rest.

      After a collision, you don’t get money to cover damages automatically. You have to file a claim. Start by contacting your insurance agent, regardless if you were at fault or not. You’ll want to keep any documentation or medical bills and take pictures of the damage of your car. The claims process should be fairly painless, though you should always review to ensure you’re satisfied with your payout.

      [Read: Best Cheap Car Insurance Companies for 2020]

      Compare Affordable Auto Insurance Rates

      Save money on auto coverage with our simple comparison tool.

      Matching you with providers.
      We found results in
      Click at least 2-3 companies to find the very best rate.

        How to choose the best car insurance company for you

        This isn’t Sisterhood of the Traveling Pants — your car insurance premium might not fit your best friend’s needs. Because of that, there isn’t one best car insurance company that is the right fit for every driver. Thankfully you have The Simple Dollar working to help you make frugal and savvy financial decisions that fit everyone. Car insurance is regulated on a state level and coverage costs can vary based on where you live. Meaning your friend or neighbor may pay a different amount based on their location, selected coverage and driving history. If you’re thinking of switching car insurance companies and want to ensure you get the best coverage for your needs, here are the steps you should follow.

        1. Check your state-required coverage

        In nearly all states, drivers are required by law to carry some form of car insurance or proof of financial responsibility. Every state has requirements for the level of insurance and the minimum amount of coverage each driver must have. For example, Virginia has minimum requirements for insurance, but drivers can bypass paying for an insurance premium by paying the state $500 each year. This fee doesn’t give the driver insurance, but it allows them to drive at their own risk. Use the Insurance Information Institute’s guide to determine the insurance requirements for your state.

        After you’ve found what’s the minimum amount of insurance required for your state, you should next determine if you live in a no-fault or fault state. In a no-fault state, your car insurance will pay for your vehicle’s damages and your medical bills after an accident, regardless of who caused the crash. In a fault state, the person who causes the accident is responsible for covering the other driver’s losses.

        No-fault states include: Florida, Hawaii, Kansas, Kentucky, Massachusetts, Michigan, Minnesota, New Jersey, New York, North Dakota, Pennsylvania, Utah
        [Read: What Does At-Fault Mean?]

        2. Know your deductible

        Most coverage options will have a deductible –– the amount of money you have to pay out-of-pocket towards a covered loss before your insurance policy will step in. Collision, comprehensive and uninsured/underinsured motorist coverage will all have a deductible.

        While you shouldn’t opt out of coverage options just to save money, there are times it just doesn’t make sense to have the extra coverage. A classic example is collision coverage. If your car’s value is too close to the deductible, you probably won’t get reimbursed from your insurance company after a loss.

        Let’s say your car is worth $1,000 and your deductible is $1,000. If you get into an accident and your car sustains $800 worth of damage, you wouldn’t get an insurance payout because your deductible would cover the entire cost. It’s always important to determine which types of coverage make sense for you, but especially if you have an older car that’s low in value.

        3. Shop around

        Risk isn’t the only factor that car insurance companies use to calculate your rate. Many insurers also use “price optimization,” meaning they set rates based on how much customers are willing to pay.

        Large insurance companies analyze an enormous amount of customers’ personal data, such as social media posts, credit scores and even your online shopping habits. Then, they run the data through a proprietary algorithm that estimates how likely you are to shop around or just renew your existing policy each year. By doing so, they can increase your premium just enough to raise their profit margins without attracting your attention and prompting you to shop for a new policy.

        Shopping around every year or two is the best way to avoid this practice and it will help you find the cheapest car insurance options. For most car insurance companies, getting a quote is an easy, online process that you can do in minutes. You’ll just need to provide information like your address, vehicle information and driving history.

        Taking an hour or so out of a slow weekend can save you hundreds of dollars. Getting an online quote from various auto insurers is quick, easy and free. What could be better than a free activity that saves you a considerable amount of money?

        Alternatively you might want to contact an independent insurance agent, who can shop among several companies for your best deal. Even if you like your current car insurance company, they’re likely aware of your online activity, so the more quotes you get, the less likely you are to be tagged as someone who won’t jump ship for a better deal.

        4. Consider discounts

        If you want a policy with a lot of additional coverage, the end price can feel a little overwhelming. Especially when you consider car insurance isn’t something you’re actively using every day. Capitalizing on the discounts providers offer is one way to ease that financial burden. When you’re shopping around, look for discounts that tailor to your needs. Here are some of the common discounts offered by most providers:

        • Defensive driving discount
        • Good driver discount
        • Low mileage discount
        • Safe driver discount
        • Multi-driver or multi-policy discount
        • Student discount

        How to choose the right amount of auto insurance coverage

        The state you live in will have minimum auto insurance thresholds. You have to meet them to legally drive. This minimum is set to create a baseline of insurance to cover all drivers on the road, so it may not be the ideal amount of coverage specifically for your situation. In some cases, the minimum coverage won’t be enough to keep you from financial ruin if you cause a car crash or fender bender. It’s important to understand how much coverage you need before you start shopping for a policy.

        The amount of coverage you choose will have a direct impact on how much you pay for your auto insurance, but that doesn’t necessarily mean you should go with the state imposed minimum coverage limits. For example, in a major accident it is quite possible an individual’s medical expenses could exceed $15,000, yet that’s the minimum liability limit in some states. Choose a coverage that you think will exceed what you might need when it comes to liability.

        The mandatory coverage you must have is: bodily injury and property damage liability. Though there are additional coverage options that can be a good fit and potentially prevent you from paying thousands of dollars out-of-pocket in the event that you’re involved in or cause an automobile collision.

        Below is a comparison of the coverages offered by our top car insurance companies, and a breakdown of each type of coverage. Note that not every type of coverage is available in all states.

        Vehicle and policy coveragesAmicaState FarmThe HartfordGeicoUSAAProgressive
        Bodily injury liability
        Personal injury protection
        Property damage liability
        Rental car coverage
        Uninsured/underinsured motorist coverage
        Pet injury coverageXXXXX
        Collision
        Comprehensive
        GAP insuranceXXXX
        New car replacementXXXXX

        Full coverage vs. state minimum required coverage

        You should compare rates that include more than your state’s minimum required coverages to get the best idea of how much car insurance costs. Below are the top 10 most populated states and the difference in an average annual premium between a full coverage policy and the state minimum requirement. You’ll notice that the full coverage annual rate is significantly higher in each state. But an inclusive car insurance policy isn’t something you should opt out of just to save money. You don’t want to find yourself underinsured after a collision.

        StateFull coverage annual rateState minimum annual rate
        Florida$3189$1544
        Michigan$2730$1525
        New York$2609$1245
        Pennsylvania$2493$688
        California$2417$786
        Georgia$2213$941
        Texas$2153$775
        Illinois$1949$688
        North Carolina$1417$482
        Ohio$1397$462

        Car insurance rate data: Both full coverage and state minimum liability premiums are assuming a 30-year-old with good credit who drives a 2017 Honda Civic.

        Best car insurance companies for customer satisfaction across the U.S.

        RegionBest car insurance companies
        CaliforniaEsurance
        Auto Club of Southern California Insurance Group
        Ameriprise
        CentralShelter
        Auto-Owners Insurance
        Allstate
        FloridaAllstate
        Esurance
        State Farm
        Mid-AtlanticErie Insurance
        Geico
        The Hartford
        New EnglandAmica Mutual
        State Farm
        Geico
        New YorkNew York Central Mutual
        State Farm
        Travelers
        North CentralWestfield
        IN Farm Bureau
        Erie Insurance
        NorthwestPEMCO Insurance
        The Hartford
        American Family
        SoutheastFarm Bureau Insurance – Tennessee
        Erie Insurance
        Alfa Insurance
        SouthwestThe Hartford
        State Farm
        Allstate
        TexasTX Farm Bureau
        Allstate
        Geico

        Source: J.D. Power’s 2019 U.S. Auto Insurance Study

        National car insurance ratings and industry statistics

        Some of these insurance companies only serve regional areas, like New York Central Mutual and Texas Farm Bureau. Others, like Allstate and State Farm, sell car insurance to customers in all fifty states.

        When choosing an insurance company, consider the pros and cons of regional and national providers. Regional providers often outshine nationwide options because they have fewer customers, allowing them to dedicate more time to each policyholder. So if customer service and the availability of representatives is important to you, a regional option may be best for you.

        However, because regional insurance providers have fewer customers, they also tend to have more expensive premiums and fewer discounts. National providers win when it comes to price, through cheaper premiums and discounts that help save you money. Most nationwide providers do typically have an online experience, which can be a problem for some policyholders.

        The 10 largest car insurance companies by market share

        Here are the Insurance Information Institute’s top 10 private passenger car insurance carriers and their market share, based on 2019 statistics. State Farm holds the majority of market share in direct premiums written in 2019 with 16.1%, which is likely due to its high customer satisfaction and top-notch claims handling.

        RankGroup/CompanyMarket share
        1State Farm Mutual16.1%
        2Berkshire Hathaway, Inc.13.8%
        3Progressive Corp.12.2%
        4Allstate Corp.9.3%
        5USAA Insurance Group6.0%
        6Liberty Mutual4.6%
        7Farmers Insurance4.2%
        8Nationwide Mutual Group2.5%
        9American Family2.3%
        10Travelers Companies Inc.1.9%

        Market share data is from the Insurance Information Institute. Annual premiums are based on an average of full coverage policies across all 50 states for a 30-year-old with good credit driving a 2017 Honda Civic.

        Compare Affordable Auto Insurance Rates

        Save money on auto coverage with our simple comparison tool.

        Matching you with providers.
        We found results in
        Click at least 2-3 companies to find the very best rate.

          What is a car insurance policy?

          Car insurance keeps you financially safe when the time comes to file a claim. Covering you and any family members on your policy, your insurance covers you whether you’re driving your car or someone else’s.

          When you purchase a car insurance policy, you have the option to pay your premium monthly, bi-annually or annually. Undeniably, paying your premium annually requires a lot of money up front. So if you’re on a tight budget, it makes sense to pay monthly and avoid a large one-time fee. But if you can afford it, you can pay your annual premium in full to snag discounts and take a monthly bill off your plate.

          Most car insurance companies will offer a discount for customers who can pay their premium in full. Depending on the price of your premium, the savings could be significant. If you choose to pay monthly that doesn’t mean you’ll miss out on savings, some insurance companies will offer a discount if you sign up for autopay.

          How much will car insurance cost?

          How much your premium will be will vary for each person, though the U.S. average cost of car insurance is $1,758 per year. Companies assess a number of factors to calculate your risk of filing a claim. The higher the risk, the more expensive the premium. Though each company weighs these factors differently, some of the most common are:

          • Your driving history
          • Basic demographics (age, gender and where you live)
          • The car you drive
          • Your credit score
          • The amount of coverage you choose
          • The type of coverage you choose

          The list above isn’t exhaustive, but it shows you how insurance companies take a wide variety of factors into consideration when setting auto insurance premiums. Higher deductibles can give you lower monthly premiums. Basic demographics can have a positive or negative impact. For example, older people will typically get a lower premium than teens and those in their 20s. Also, different insurance companies will weigh these factors differently, which increases the importance of comparing rates from several companies. Chances are if you don’t get multiple quotes to compare rates you’re going to end up paying too much. Consider some of the following ways to lower your auto insurance premiums: choose a higher deductible, get a discount for bundling with other policies or simply be a safe driver to lower your premiums over time.

          [Read: What Are the Consequences of Driving Without Insurance?]

          Car insurance FAQs

          Your car insurance coverage extends to a rental car within the U.S. If you’re planning to rent a car overseas, your credit card may provide coverage. If not, you may need to buy additional insurance from the rental agency.

          According to the NAIC, few insurers extend coverage to moving trucks. Before assuming it does, it’s best to contact your provider to ensure you’re adequately covered. It’s a good idea to ask the agent if there are any limitations to what the insurance provides — some insurers may only cover certain moving truck sizes.

          The standard car insurance policy may not cover driving for a riding sharing app. So before you jump on this quick way to make money, check your policy to see if you’re covered. If not, you can add coverage through your existing insurer or add rideshare coverage if your insurance company offers it.

          Basic liability car insurance will not cover you if you suffer animal-related damages. You’ll need comprehensive coverage for your insurance company to pay for losses related to hitting an animal. One caveat is that your car must come in contact with the animal for the claim to be paid for under comprehensive coverage. Swerving to avoid the animal and hitting something else would not fall under comprehensive coverage.

          In terms of liability insurance it makes sense to get enough to cover any eventuality. That might mean $100,000 for individuals, $500,000 for the group, or even more. One rule of thumb used is to make sure you’re covered for at least an equal amount to your total assets. That’s because your personal assets are on the line when expenses exceed your coverage limits. If you want to keep your premium low choose collision coverage with a high deductible.

          We welcome your feedback on this article and would love to hear about your experience with the car insurance companies we recommend. Contact us at inquiries@thesimpledollar.com with comments or questions.

          The impact of COVID-19 on your car insurance.

          Due to the widespread pandemic, many drivers are instead working from home. The less people that are on the road, the less risk of a car collision. Due to this and to economic strain, many car insurance companies provided credit back to customers on their monthly bill as well as pausing coverage cancellation in the case of nonpayment. Actions like these have helped customers who are struggling to pay the bills during unemployment and financial strain.

          Methodology

          SimpleScore

          The SimpleScore makes it easy to compare products and services featured here on The Simple Dollar in a transparent, open and honest way. We rate these products and services using five factors and average them to calculate a single SimpleScore. For auto insurance, we compare:

          • Discounts
          • Coverage options
          • Support
          • Customer satisfaction
          • Accessibility

          You can read more about each factor and the details of each score in our auto insurance methodology. Use our ratings and editorial recommendations as you shop for the best auto insurance that fits your coverage needs.

          Car insurance rates: We used insurance rates from Quadrant Information Services. This includes analyzing thousands of rates from all 50 states that were publicly sourced from 2019 insurer filings. Rates are based on a 30-year-old male or female that had a clean driving record. Full Coverage premiums assumed a $500 collision and comprehensive deductible, and we looked at those who had both good and poor credit. These rates should be used to inform your car insurance shopping process, but your own quote may differ.

          Why do some brands have different SimpleScores on different pages?

          To ensure the SimpleScore is as helpful and accurate as possible, we developed unique criteria for every category we compare at The Simple Dollar. Since most brands offer a variety of financial solutions, their products and services will score differently depending on what we’re scoring on a given page.
          However, it’s also possible for the same product from the same brand to have multiple SimpleScores. For instance, if we compare State Farm’s home insurance according to our criteria for the best home insurance, it scores a 3.8 out of 5. But when we compare State Farm according to the criteria for the best auto insurance, it scores higher, since the features the company offers can vary by the type of insurance.

          Discounts

          We looked at the number of discounts each company offers — more discounts mean a higher score.

          Coverage Options

          We awarded higher scores to the companies that have the most coverage options.

          Support

          We awarded higher scores to lenders with the most channels for customer support.

          Customer Satisfaction

          We leveraged the J.D. Power 2019 Auto Insurance Satisfaction Study℠ to see how customers rated their experience with each company. (If a company wasn’t included in J.D. Power’s study, we skipped this aspect and averaged the four remaining aspect scores.)

          Accessibility

          We looked at the level of accessibility of each company –– the more resources they have the higher their score.

          Steven Walters

          Contributing Writer

          An avid traveller and hiker, Steve has been writing in the personal finance, investing, and blockchain spaces for nearly a decade. His writing has been featured on Financial Samurai, Free Money Finance, Coin Bureau, and a number of other personal finance and investing sites.

          Reviewed by

          • Courtney Mihocik
            Courtney Mihocik

            Courtney Mihocik is an editor at The Simple Dollar who specializes in insurance, personal finance, and loans. Previously, she wrote and edited for Interest.com, PersonalLoans.org, Ballantyne Magazine, Thread Magazine, The Post, ACRN, The New Political, Columbus Alive and the Institute for International Journalism.

          • Nashalie Addarich
            Nashalie Addarich

            Nashalie Addarich is an editor for The Simple Dollar. She recently made a career switch from the legal field, where she was an attorney in Washington, DC. In her free time, she enjoys learning new languages. You can also find her editorial work on Reviews.com.