Top car insurance providers
Finance

Top car insurance providers

At times, you might find a car insurance provider charging a hefty amount for the same type of insurance, which others might be offering at an economical price. So, to make sure that you do not end up overpaying, remember that the best car insurance providers might charge you a little extra, but they will balance it out with the coverage they offer. The best car insurance company is the one that helps through the entire process, maintains complete transparency, and works towards solving your issues.

Taking all these and several other factors into consideration, here is a list of the top car insurance providers in the country and their costs.

USAA
USAA is one of the best car insurance providers in the country. It has the highest claims satisfaction as compared to its competitors. They have also been considered the best in the industry because of their price and the coverage that they offer. Their cost is also the best for people with driving records, which includes people who have speeding tickets. The insurance ID cards are available on USAA’s mobile application, and claims can be made virtually. On average, the annual premium for full coverage is about USD 1,255.

GEICO
GEICO, another top car insurance provider in the country, offers some of the most competitive pricing and has one of the most satisfying claiming experiences. The company also offers one of the most competitive pricing in the industry for people who wish to get state-minimum liability coverage. The claims experience has also been rated one of the finest by customers. Drivers who have speeding tickets or accident records can also get car insurance at good prices. Claims can be made virtually, and insurance ID cards are available on GEICO’s mobile app. On average, the annual premium for full coverage can cost you USD 1,405.

Nationwide
Nationwide consistently offers good prices on car insurance. Also, Nationwide has the lowest number of complaints with state regulators across the country. Furthermore, Nationwide offers affordable and lucrative prices to drivers with speeding tickets. Similar to other car insurance providers, Nationwide offers insurance IDs on its mobile app. The plans offered by Nationwide include both usage-based as well as pay-per-mile plans. Additionally, claims can be made virtually. On average, the annual premium for full coverage can cost you USD 1,485.

State Farm
When measured on the basis of tech fundamentals and customer satisfaction, State Farm is one of the best car insurance providers in the country. The claim satisfaction is excellent; 80% of customers who made claims were satisfied with the service. Claims can be made virtually, and customers can easily find their insurance IDs on the mobile app. The company offers plans based on usage. On average, you may have to pay an annual premium of USD 1,457 for full coverage.

Erie
The provider offers insurance in 12 states in the country and has proven to be excellent on the customer satisfaction front. Also, Erie customers get the opportunity to plan their budgets in advance. Erie offers car insurance coverage at competitive prices. Furthermore, this car insurance provider offers the Rate Lock feature, ensuring existing customers are not affected by any price hikes. This means customers using this feature get to pay the same premium as long as there are no changes in their coverage. The insurance provider not only provides coverage for the driver but also covers your pets. The annual premium for full coverage with Erie is approximately USD 1,233.

Now that you know the best car insurance provider in the country choose the one as per your needs and budget. Furthermore, ensure that you look for online reviews and compare insurance providers to get the best deal possible.