-Advertisment-

Best Car Insurance Companies

The best car insurance company isn’t necessarily the cheapest. It’s tempting to shop for a new insurance policy based on price alone, but you need a company that will be there for you when it comes time to make a claim. After all, you don’t want to choose the cheapest car insurance quote only to find that it doesn’t provide the protection you need. 

Our Best Car Insurance Companies ranking uses pricing data and real customer feedback to help you find the best car insurance policy for you. 

USAA


USAA is our first choice for the best car insurance in the nation. It regularly tops J.D. Power auto insurance studies as one of the best providers in terms of customer satisfaction and value. The company is well known for its high customer ratings and affordable coverage options, including accident forgiveness. However, it has strict eligibility requirements and not everyone qualifies for coverage.

USAA auto insurance is only available to military members, veterans and their families, which greatly restricts who can purchase coverage. If you are eligible for a USAA insurance policy, it’s one of the best options available. Beyond the standard types of car insurance, USAA offers the following optional coverage:

  • Roadside assistance
  • Rental car reimbursement
  • Accident forgiveness
  • Glass coverage
  • Guaranteed asset protection (GAP insurance)
  • Car replacement assistance (CRA)
  • Rideshare insurance

USAA received an A++ financial strength rating from AM Best and an A+ rating from the Better Business Bureau (BBB). The auto insurer made up 6.01% of the market share in 2021, according to the NAIC. Though it’s not the largest auto insurer, USAA still has reputable financial strength. In 2021, the company wrote $15.73 billion in private passenger auto insurance premiums.

While USAA does not have many physical locations, policyholders are still impressed by the company’s customer service. USAA earned the top score in the J.D. Power 2021 U.S. Auto Insurance Study in every U.S. region, though it’s unranked due to its eligibility criteria.

And in our January 2022 car insurance survey, nearly 65% of the 107 respondents who had coverage through USAA said they were very satisfied with USAA insurance, the highest of any provider.

-Advertisment-

USAA is known for its affordability as well. It offers the cheapest car insurance on average compared to any other provider we researched. Our rate estimates show good drivers pay about $1,013 per year on average for full coverage car insurance with USAA. The company also offers discounts based on driver safety, multiple policies, safety features such as airbags and more.

USAA earns top marks from all major third-party rating agencies for customer service and financial strength. Coupled with having the lowest average full coverage premium on our list, customers are privy to multiple coverage options, rewards and discounts, including unique circumstances like deployment for active-duty members. While not all drivers may qualify for coverage from USAA, the company is a standout for millions of military families across the country.

Pros and Cons

Pros

  • Exceptional customer support
  • Military-specific resources
  • Wide array of financial services

Cons

  • Only services military families
  • Several customer complaints
  • Must be a member to get insurance coverage

Read our full USAA auto insurance review.

-Advertisment-