Best Car Insurance Companies of 2020

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When it comes to insuring your car you want to know that you have the best coverage possible. You want to feel confident that you will get the best service from your company in case of an accident.

The problem is, how do you filter through all the options of companies to find the perfect one for you. Every company has their own promises when it comes to saving you money and offering great service. Which one is the most transparent in their ads and not just adding fluff?

This is why we are here, to help you filter through the pile of companies to avoid to find the companies that are actually telling the truth in their ads.

We have compiled information to find which companies have the best customer reviews and offer the best rates for their quality service. Now all you have to do is contact your chosen company and sign the papers.

Here are The Smart Investor Select’s picks for the top car insurance companies:

Progressive

Low prices are one of the things that made Progressive so popular among Americans that the company even encourages you to compare its rates with other insurance providers right on its website with a price comparison tool.

You will find the company provides standard car coverage options other insurers offer (like liability, personal injury protection, medical payments, etc.) and perks (like accident forgiveness, deductible reduction, etc.) when Progressive covers you. Of course, Progressive offers other insurance products like home, life, and renters through third party companies.   

progressive auto insurance review

Allstate

Allstate’s customer convenience drive, discounts, and a wide range of coverages are probably responsible for its popularity among Americans. Allstate is also famous for its personalized support, and it even offers a customer satisfaction guarantee in terms of its claims process.

You should note, however, that the rates offered by Allstate are somewhat more expensive than the provisions of other top insurers. As long as you meet the requirements to partake of the discounts offered by the company, you will enjoy a more balanced rate with Allstate.

If you’re a driver with a clean record, Allstate will treat you with fairly decent rates

allstate car Insurance review

GEICO

GEICO provides lots of car insurance coverage options and is popular for its great customer service, as well as its great mobile app for customers. GEICO focuses on online sales to customers rather than the use of agents, which has given the company the ability to keep low rates coupled with providing similar products of other big insurers. Due to its pricing and convenience, it is known as the best option for consumers that are cost-conscious.

GEICO may come with some cons such as gap insurance absent, difficult getting a local agent, accident forgiveness not available in all states, and some coverage options missing. Overall, the company boasts to offer some of the best services such as excellent 3rd-party ratings, great mobile app, multiple Policy discounts, and new cars having mechanical breakdown insurance.

Geico auto insurance review

Erie insurance

Erie insurance has incorporated technology as a crucial aspect of its business strategy. It has achieved this by implementing digitally organized bodies to check any veering off the path of its company’s terms and objectives to create a rich customer experience. The client’s safety is of utmost importance, and strict safety measures are put in place to report any suspected attempt to defraud and prevent future attempts.

Erie insurance offers low and discounted prices as well as low premiums. The company provides discounts for seniors, youngers, and safe drivers to keep prices affordable.  It has all the expected auto insurance standard plans and extra coverage loaded with various benefits specific to each state. The company has a series of unique extras and discounts which are largely unavailable in other insurance operations.

Erie Car Insurance review

USAA

The products and services offered by USAA are specifically tailored for those who have served or are currently serving in the US military as well as their family members. So, if you’re not affiliated with the military of the United States, you should keep looking. Veterans and those currently enlisted will be able to make the most use of the available discounts and deals.

Similar to most insurance providers, you will find the standard coverage options, including liability, collision, and comprehensive coverage. Its extras and discounts are quite impressive as well. You will be treated to low rates and commendable customer service if you’re eligible for its membership.

USAA auto insurance review

Travelers

Travelers offers the staple insurance products along with some coverage add-ons. While it is true that the rates are quite high when compared to other leading policy providers, the discounts offered by the insurer make the prices competitive. 

If you are a safe driver, Travelers will prove to be a worthwhile insurance provider – however, if you don’t have a clean motoring record, this company might not be so favorable – it is better you look for coverage elsewhere.

travelers car insurance review

Nationwide

You can take advantage of quite a lot of bundling options with Nationwide that you won’t easily find with other insurance firms. Nationwide is great for you if you have a spotless driving record as you will be treated to some of the cheapest rates available.

However, if your driving history has some blemish, you might want to look elsewhere for coverage. Seniors will find this company more appealing than youngers as rates tend to get cheaper the older you get.

nationwide car Insurance review