Best Car Insurance Companies in USA 2021/2022

Best Car Insurance Companies in USA 2021/2022, With so many choices for car insurance companies, it can be hard to know where to start when you’re shopping for auto insurance.

We evaluated insurers to find the best car insurance companies based on their average insurance rates, level of complaints and grades for collision claims from auto body repair professionals provided by CRASH Network

Car Insurance Companies in USA 2021/2022

Car Insurance Company Ratings Summary

Company Auto insurance rates Collision repair grade Complaint level Forbes Advisor rating
Erie Very good A- Higher than the industry average
USAA Excellent C+ OK
State Farm Very Good C Low
Travelers Good C+ Very Low
Auto-Owners OK B+ Low
Geico Good C- Low
Nationwide OK C Very Low
Allstate Poor C- Low
Progressive OK C OK
Farmers Poor C Higher than the industry average

Here’s a look at car insurance rates based on averages nationwide among the largest insurance companies.

Type of driver Average annual rate
For good drivers $1,556
For drivers who have caused an accident with property damage $1,732
For drivers who have caused an accident that injured someone else $2,541
For drivers with one speeding ticket $1,732
For drivers with a DUI conviction $2,595
For drivers who have poor credit $2,860
For drivers who were caught without insurance $1,764
Rates are based on a female driver, age 30, insuring a Toyota RAV4 with liability coverage of 100/300/100 and collision and comprehensive insurance. Averages are based on rates from 10 large auto insurance companies.

This is How Can I Find the Best Price on Car Insurance

It’s a good idea to shop for car insurance before you buy a car. Without car insurance in place, you may not be able to drive your new wheels off the dealer’s lot. Once you decide how much car insurance you need, it’s time to start shopping for a policy. Prices often vary widely among companies, so it’s smart to compare car insurance quotes from multiple insurers.

Also Read About Best Car insurance companies in Canada 2021/2022

You can find free quotes online or by working with an auto insurance agent. Independent insurance agents can provide quotes from multiple companies. Insurance quotes are always free.

Here are types of car insurance you should know:

Car liability insurance. This pays for injuries and property damage you cause to others. A good rule of thumb is to buy enough car liability insurance to cover what can be taken from you in a lawsuit.

Required? Yes, in most states.

Uninsured motorist coverage (UM) and Uninsured Motorist Coverage (UIM). These coverage types pay for your medical bills and other expenses if someone crashes into you and they don’t have liability insurance or have inadequate insurance.

Required? Uninsured motorist coverage is mandatory in some states and optional in others.

Collision and comprehensive insurance. These are two separate coverage types often sold together. Collision and comprehensive insurance pay for car repair bills for problems such as car accidents, car theft, fires, floods, severe weather, falling objects and collisions with animals.

Required? If you have a car loan or lease, your lender or leasing agent will likely require that you have these. Otherwise collision and comprehensive are optional.