In order to guarantee that the insurers on our list provide the five primary categories of auto insurance coverage required by Americans—collision, comprehensive, liability, personal injury protection, and uninsured/underinsured motorists coverage—we thoroughly investigated 23 different firms. While Amica Mutual tops the list of the best auto insurance for 2024, all eight of the listed firms provide a wealth of perks to drivers.
To assist you in paying monthly premiums, we also found and weighed a variety of savings in our research, from multi-car policy reductions to paperless billing. Therefore, if you’re in the market for a new policy, Money’s top selections for the finest auto insurance providers will assist you in obtaining the coverage you require at a cost that works for you.
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Best Car Insurance Package: Amica Mutual
Why we picked it: Amica Mutual’s Platinum Choice Auto insurance, which enables policyholders to save a lot of money on their deductible and get Advantage Points awards, made our list.
The Amica Platinum Choice Auto policy is a pre-made bundle that comes with special benefits like identity fraud monitoring in addition to all the essential coverage that most individuals require.
In addition, it provides up to $5,000 in rental car coverage, a zero-out-of-pocket glass replacement option, and an Advantage Points program that allows drivers to accrue points to lower their deductibles or prevent rates from rising following a claim.
The items that Amica covers are divided into two categories: necessities and nice-to-haves.
Among Amica’s vehicle insurance plans are:
- MedPay — additional coverage for medical bills and funeral expenses
- Collision — covers accident-related damage
- Comprehensive collision — covers damage caused by theft, fire or other natural disasters
- Guaranteed asset protection (GAP) — covers the “gap” between what you owe and the depreciated value of your car if it were to be totaled
- Credit monitoring service — offered by very few companies, this can help you keep track of your credit score and alert you to any potential identity theft
In terms of customer happiness, Amica finished 2023 rated second, barely three points behind GEICO, after holding the top spot in the New England region for ten consecutive years in J.D. Power’s Auto Insurance Customer happiness study. Amica also scored a B in the 2023 CRASH report card, which rates insurers based on how mechanics handle policies and make payments, and has an average National Association of Insurance Commissioners (NAIC) complaint ratio (rate increases and delays in claims handling are regular issues).
Best for Customizable Premiums: Progressive
Why we selected it: Because Progressive’s Name Your Price service enables users to select coverage that fits within their budgets, we selected Progressive as the top auto insurance provider for customisable pricing.
The level of customisation Progressive gives its clients is what distinguishes them from other auto insurance providers. Customers can choose a budget with the Name Your Price feature, and Progressive will design a policy to fit it. Policyholders can then select the coverage limits and deductibles that best suit their needs.
For instance, you can lower your premium by raising the deductible for collision coverage; but, keep in mind that you’ll have to pay more out of pocket in the event of an accident before your insurance starts to pay.
GAP coverage is one of Progressive’s noteworthy extras. This policy, which costs an additional $14 per month, covers up to 25% of the difference between the car’s value and what you owe. The custom equipment coverage is another beneficial add-on that you can utilize to fix any mobility-enhancing gadgets, GPS units, or other vehicle customizations you’ve made.
Also, Progressive offers coverage for a few items that other insurance do not. One is rideshare coverage, which protects you whether you work as a full-time employee or as a side gig for any kind of rideshare service (such as Uber, Lyft, or food delivery services like DoorDash). In addition, Progressive’s collision coverage pays for your pet’s medical expenses if they are hurt in an accident.
Progressive’s telematics Snapshot program saves money by using driving information including distance traveled, braking, and acceleration while offering drivers a reward for responsible driving. Customers can also choose to open an account with its deductible savings bank. Until it hits your deductible limit, this program adds $50 to your savings every six months that pass without a claim or moving infraction. After that, your deductible will already be covered if you make a claim.
Best for Young Drivers: State Farm
Why we picked it: State Farm offers up to 25% in savings to adolescent student drivers who maintain a GPA of 3.0 or above, which is why we think it’s the best auto insurance for young drivers.
Since teenage drivers are the most expensive to insure, State Farm sets itself apart from other providers by providing significant discounts to help offset the high cost of coverage. If their young driver maintains a GPA of 3.0 or above until they age 25, policyholders can receive savings of up to 25% through the Good Student Discount. Taking a driver’s ed course can also result in a discount for drivers under the age of 21.
Furthermore, by just covering the student when at home on vacation and holidays, the “Student Away at School” discount helps clients save money.
One of State Farm’s most well-known assets is its nationwide network of nearly 19,000 agents. For those who want more individualized attention and a specialized agent to contact with inquiries, this makes it perfect. Additionally, according to the J.D. Power U.S. Auto Claims Satisfaction Survey, it came in fifth place out of all auto insurers in the country.
Regarding its policies, State Farm provides coverage for travel expenditures and car rentals in the event of an accident that occurs more than fifty miles from home. Roadside assistance is covered by State Farm’s travel expenses coverage if you are involved in an accident that is covered by your comprehensive and collision insurance, but other policies only cover road assistance if your car breaks down (for example, you get a flat tire, need a jump start, or lock your keys inside the car). This covers costs for lodging, meals, and a rental car while your automobile is in the shop up to $500 per loss.
The Drive Safe and Save telematics program, which tracks your speed, braking, and other driving parameters and offers feedback on these, is one of State Farm’s noteworthy discounts. Just by signing up, State Farm offers you a discount. After you use the app, you can receive a discount of up to 30% for practicing safe driving.
Best for Essential Worker and First Responder Discounts: Farmers
Why it was our choice: Our choice for the greatest auto insurance for vital workers is Farmers due to its wide range of benefits tailored especially for first responders, teachers, and medical professionals.
Despite not having the lowest rates, Farmer’s makes up for it with plans and savings that few other insurance provide. One illustration is the company’s Affinity discount, which offers up to a 5% reduction on auto insurance to healthcare professionals, members of specific organizations, and active, reserve, or honorably discharged military personnel.
Other notable discounts include:
- the Senior Driver discount for participants in state-approved safe driver education who are over 55 (or 65, depending on the state). This is important since older drivers pay higher insurance rates as they are viewed as greater risks to cover, much like teen drivers.
- The Good Student discount is available to students who have a GPA of 3.0 or above, are on the honor roll, dean’s list, or are in the top 20% of their class or top 20% on standardized examinations.
- In a family with more active drivers than vehicles, single drivers up to the age of 20 are eligible for the Shared Family Car discount (not available in California). When applying this deduction, vehicles classified as being used for storage are not included in the vehicle count.
Farmers provides collector and classic car insurance for aficionados of vintage automobiles. You can use this coverage to safeguard your collection whether traveling overseas or at the local auto show. When combined with spare parts coverage, policyholders can receive up to $750 for free replacement or repair of spare parts.
Farmers’ somewhat higher-than-average rates are a disadvantage, but its distinctive features make it a fantastic choice for anybody ready to pay a little bit extra for personalized coverage.