The 10 best car insurance companies in the US ! 2020 New Update - Soft Tech LTD.

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Tuesday, 12 May 2020

The 10 best car insurance companies in the US ! 2020 New Update

The 10 best car insurance companies in the US

These auto insurance companies are essential for safe, legal driving.


No matter what kind of vehicle you drive or where you're going, it's essential that you have car insurance coverage from one of the best auto insurance companies -- and not just because it's the law in 48 of the 50 states. A car insurance policy protects you in case of property damage or bodily injury liability if you're in an accident. There are also policies that cover damage to your own vehicle for a variety of reasons, incidents with uninsured or underinsured drivers, and medical expenses incurred due to accidents. Some auto insurers even include roadside assistance in their coverage.

Those costs can accumulate for an uninsured motorist, or even an underinsured one. Having comprehensive coverage can help keep out-of-pocket costs associated with car insurance premiums in check. Note that an insurance policy typically doesn't cover wear and tear on a vehicle, damage incurred by drivers not listed on the insurance policy or driving under the influence, and damage to the engine as a result of oil leakage.

Sorting through car insurance companies and offers can be intimidating. There are an estimated 300 car insurance providers in the US, ranging from those operating at a nationwide level to smaller companies. It's worth checking if you have any well-reviewed statewide options in your area before committing to a nationwide insurance company.

There is also a lot that goes into a car insurance policy. Factors such as injury liability, property damage, accident forgiveness and roadside assistance play a role in quotes and rates. So can having teen drivers on your insurance policy. Then there's gap insurance or personal injury liability insurance coverage. How do all of these fit into your own liability coverage. Understanding what goes into insurance coverage will help you make the best decision for your particular situation, but where do you start? 

You could do a deep dive into each company's website, but we're making it easier to find the best car insurance coverage for you by narrowing down the list. We've picked the 10 best insurance companies in the country, based primarily on audience satisfaction, as measured by the J.D. Power 2019 US Auto Insurance Study. The study measures five criteria: interaction, policy offerings, price, billing process and claims. 42,759 customers were polled from February through April 2019.

The top-scoring auto insurance policy overall was Geico, reporting high customer satisfaction levels in all regions of the country and making it the number one auto insurer in the US It's also routinely ranked among the cheapest car insurance coverage providers (and a big premium is a big expense), which undoubtedly contributes to the satisfaction.

That said, your car insurance quotes will ultimately be determined by personal factors, such as where you live, your credit score (for the best rates, a score of 770 or above is recommended), and the type of vehicle you drive, as well as its age and whether you've had an accident. The good news is that you can actually lower your insurance coverage costs if you work on your credit score or maintain a safe driving record.

5 things to know before you sign up for car insurance

1. What coverage does your state legally require you to have? In most states, bodily injury liability and property damage liability are necessary to drive, but you'll want to check the specifics of insurance premiums with auto insurance providers where you live.

2. What sort of coverage do you want? Most car insurance companies order many different policies that cover a variety of damages and risks, so your first step should be to determine your risks and how to compensate for them.

3. Which auto insurers are best? We've got this covered in detail.

4. It's important to shop around. Even the cheapest insurance company may not offer the best rates for someone in your situation. Likewise, you may want a more comprehensive plan that makes more sense at another insurance company.

5. What payment plan is best for you? Some companies offer a variety of ways to pay (such as annually vs. monthly, or with transfer of electronic funds), so you can figure out which one works best for you and then request it.

Before getting into the list, it's worth mentioning that not every insurance company has your best interests at heart, both when offering auto insurance quotes or after you've been in an accident. A Buzzfeed News report from August revealed that State Farm, Farmers and Erie Insurance are three of a number of insurance companies that have paid off law enforcement to investigate their customers for fraud. All of those companies have been excluded from this ranking.

Company

Average Regional J.D. Power Rating (out of 1,000)

Geico

830

Allstate

826

Progressive

818

Auto-Owners Insurance

841*

Esurance

836*

Liberty Mutual Insurance

810

Nationwide

808

Travelers Insurance

818*

Safeco

810*

MetLife

812*

  • * Not available in every region of the U.S. This affects overall placement.
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