The Best Car Insurance Companies in USA 2022

Risk insurance like car insurance is meant to protect us from various unforeseen events and unplanned liabilities. Anyone can get stuck on the road with their car after an accident, the car's engine breaks down due to rain, or the vehicle can be stolen. In each case, the car will have salvage insurance.

Not all Car Insurance companies are created equal. We've researched and got results more than most drivers learn more about their car insurance experience, focusing on many areas, but the most important areas are customer service, claims handling and customer loyalty. We have finally come to the conclusion of the best insurance company in USA.

 

You can also read: 

• The Best cheap car insurance for new drivers in USA 2022
• Car Insurance ? Types of Car Insurance Policy

What is the best car insurance company?

According to the survey, the best and most successful car insurance company in the USA is USAA. However, one downside is that its insurance products are only available to members of the US military community. If you are not under the US military community, then your next best option is State Farm, which is the 2nd best insurance company in the US.

To determine the best car insurance companies in USA, we collect and analyze data as well as feedback from policyholders such as driver, owner, with special emphasis on customer service, claims handling, customer loyalty and policy renewals, etc. we also have a customer survey car insurance satisfaction whether customers are satisfied with after sales services or not.

1. USAA

United Services Automobile Association (USAA) is a Fortune 500 diversified financial services group headquartered in San Antonio with a variety of products including mutual interinsurance regulated by the Texas Department of Insurance and subsidiaries offering banking, investing and insurance to people and families who serve or have served in the armed forces United States forces. Available mainly to military communities. At the end of 2020, it had more than 13 million members.

Through research and study:

USAA is the best insurance company according to our survey. USAA customers report the highest levels of customer satisfaction and are the most likely to renew their policies and recommend USAA to other drivers as well as to many people. USAA also has the lowest rates, beating the national average by 35%, according to our analysis.

USAA's insurance companies provide many facilities and products, including auto, homeowner's and renter's insurance, available only to members of the military community. However, here only Members from the military community will be eligible for coverage through this insurance company.

2. State farm

State Farm is the largest property and casualty insurance company and the largest auto insurance provider in the United States (US). State Farm is ranked 36th on the 2019 Fortune 500, which ranks American (US) companies by revenue.State Farm relies on exclusive agents (also known as captive agents) to sell the insurance product. Only State Property agents may sell State Property insurance products and their agents may only sell State Property products.

Through research and study:

According to our analysis, the state farm is second. State Farm also has very competitive rates and was ranked #3 on the list of cheapest auto insurance companies of 2022. Its strong score and low premiums make it the best insurer for drivers and owners who do not qualify for USAA membership in the US.

3. Farmers

Farmers Insurance Exchange, Fire Insurance Exchange, and Truck Insurance Exchange (the Exchanges) are intermediary insurance exchanges owned by their policyholders and organized under the laws of the State of California (USA). The exchanges, directly or through their subsidiaries, offer homeowners insurance, auto insurance, commercial insurance and financial services throughout the United States. Farmers Group, Inc. (DBA Farmers Underwriters Association) (FGI) and its subsidiaries, the Truck Underwriters Association and the Fire Underwriters Association, provide certain administrative services to the exchanges as attorneys for the exchanges. The Exchanges do not have an ownership/corporate interest in FGI and FGI does not own an ownership interest in any of the Exchanges.

Through research and study:

Farmers ranks #1 in our claims handling rating, but #2 in customer service features. It's also tied for #2 in customer loyalty and trust. Where Farmers didn't perform as well was in the Most Likely to Renew category, where its score of 4.0 is below the category average of 4.2.

4. Nationwide

Nationwide Mutual Insurance Company and Affiliates, commonly abbreviated to Nationwide, is a group of major American insurance and financial companies headquartered in Columbus, OH. (USA). The company also operates regional headquarters in Scottsdale, Des Moines, San Antonio, Gainesville, FL; Raleigh, NC; Sacramento, CA and Westerville, OH. Nationwide currently has approximately 25,391 employees and is ranked #76 on the 2019 Fortune 500. Nationwide is currently ranked #25 on Fortune's "100 Best Companies to Work For" list. Nationwide Financial Services (NFS), part of the group, was partially listed on the New York Stock Exchange before being bought back by Nationwide Mutual in 2009. Since it went public in 1997, it has owned the majority of NFS common stock.

Through research and study:

Nationwide moved up 2 places from our 2021 analysis to tie for 3rd place. Nationwide has the second highest score in our Customer Loyalty in auto insurance and subrating with the highest likelihood to recommend, and above average scores in each of the other various subrating categories. Nationwide also has below-average rates for some drivers, especially those with good driving records or bad credit.

5. Geico

The Government Employees Insurance Company (GEICO /ˈɡaɪkoʊ/) is a privately held American auto insurance company headquartered in Chevy Chase, Maryland. It is the second largest auto insurer in the United States, after State Farm. GEICO is a wholly owned subsidiary of Berkshire Hathaway, providing coverage for more than 24 million motor vehicles owned by more than 15 million policyholders as of 2017. GEICO writes private auto insurance in all 50 US states and the District of Columbia. The insurance agency sells policies through local representatives, called GEICO Field Representatives, by telephone directly to consumers through licensed insurance agents and through their websites. Its mascot is a gold dust gecko with a Cockney accent, voiced by English actor Jake Wood. GEICO is well known in popular culture for its advertising, having created a series of commercials designed to entertain viewers.

Through research and study:

Geico ranked No. 3 last year, and is a close match for the same spot in our 2022 analysis. Its position in this year's ranking is likely to be the result of a slightly higher than average customer service score. Geico has average scores in various other categories, including customer loyalty and most likely to renew policy. Claims handling scores fell slightly below average, but Geico's rates, which are the second lowest in our study. But it can make it a great alternative for drivers looking for affordable coverage.

6. Allstate

Allstate Corporation is an American insurance company headquartered in Northfield Township, Illinois, near Northbrook since 1967. Founded in 1931 as part of Sears, Roebuck and Co., it was spun off in 1993. The company also operates personal lines insurance in Canada.

Allstate is a large corporation, and with 2018 revenue of $39.8 billion, it ranked 79th on the 2019 Fortune 500 list of America's largest corporations by total revenue. Its current ad campaign, in use since 2004, asks "Are you in good hands?" using its proven previous ads showing a suburban-style dwelling protectively held in a pair of presumably giant human hands.

Through research and study:

Allstate moved up three spots this year, moving from No. 9 to No. 6. It scores slightly below average for most of our sub-ratings, but that didn't stop it from taking the No. 4 spot in our Most Likely to Be Recommended sub-category of the rating. Compared to other insurers in our analysis, Allstate's rates are among the highest, but some drivers, such as speeders, may find Allstate's rates somewhat competitive.

7. Travelers

We are an insurance company that cares. Travelers takes the risk and provides the coverage you need to protect the things that relevant to you , your home, your car, your valuables and your business , so you don't have to worry. We have been in business for over 165 years and have earned a reputation as one of the best property casualty insurers in the business by taking care of our customers. Our expertise and focus on innovation have made us a leader in personal, business and specialty insurance and the only property casualty company in the Dow Jones Industrial Average. Our approximately 30,000 employees and 13,500 independent agents and brokers in the United States, Canada, the United Kingdom and Ireland help give our customers peace of mind every day.

Through research and study:

The Travelers also saw some upside this year, moving up two spots to tie for No. 6 at the position. Travelers' customer service score is lower than seven other insurance companies in our study, but it ranks #1 in our Claims Handling subcategory, as well as #3 in the Most Likely Renewal category. Travelers also receives an above-average score for policy renewals and offers premiums that are typically lower than the national average. So it is also a very good choice for car drivers.

8. Progressive

The Progressive Corporation is an American insurance company, the third largest insurance carrier and the largest commercial auto insurer in the United States. The company was co-founded in 1937 by Jack Green and Joseph M. Lewis and is headquartered in Mayfield Village, Ohio. The company insures passenger vehicles, motorcycles, RVs, trailers, boats, PWCs and commercial vehicles. Progressive also provides home, life, pet and other insurance through select companies. Progressive has also expanded internationally and offers car insurance in Australia.

The company is ranked 74th on the Fortune 500  list of America's top corporations in 2021

Through research and study:

Progressive ranks No. 8 in our study. Overall, customers are generally satisfied with the ease of opening a policy, but Progressive places last in our Best for Customer Loyalty category and scores below average in all other sub-ratings in our study. Progressive customers also report that they are less likely to renew their policy or recommend the insurer to other drivers or people. However, those with a DUI may be able to unlock savings with Progressive.

9. AAA

The American Automobile Association (AAA - commonly pronounced "Triple A") is a federation of automobile clubs throughout North America. It Provides automotive services, insurance, banking, travel, hospitality inspections. AAA is a privately owned, not-for-profit, national membership association and service organization with more than 60 million members in the United States and Canada. AAA provides services to its members including roadside assistance and more. Its national headquarters are in Heathrow, Florida.

Through research and study:

AAA is new to our survey, tying with Progressive for eighth place. Its score is below average in every category we analyzed. However, it ranks 6th in our most likely to renew sub-ranking, beating out Allstate, Farmers, Progressive and American Family as well. AAA also has the highest average premiums in our study, but drivers considering AAA should get a quote to see if their individual rate is more competitive.

10. American Family

American Family Insurance, also abbreviated as AmFam, is an American privately held mutual company that focuses on property, casualty, and auto insurance and also offers commercial, life, health, and homeowners insurance, as well as investment and retirement planning products. A Fortune 500 company, its 2017 sales exceeded $9.5 billion.

It should not to be confused with American Family Home Insurance Company, a subsidiary of Munich Re, American Modern Insurance Group, Inc., or American Family Life Assurance Company of Columbus.

Through research and study:

The American family has fallen four spots this year to No. 10, according to our study. It scores the lowest in most sub rating categories, although American Family scores slightly higher than Progressive in our Best for Customer Loyalty category. Despite the low score, American Family offers very competitive rates to some drivers, especially teenage drivers, drivers with bad credit, and drivers who have been involved in an accident or under the influence of alcohol.

How much does car insurance cost?

This is according to a recent report by car insurance companies. The average cost of car insurance is around $1,539. However, car insurance premiums can be higher or lower depending on several variables, including:

• Age

• Driver's record

• Location

• Type and amount of coverage

• Credit score

• Available Car insurance discounts

Car insurance quotes are the easiest way to find out how much money you can pay. It is now easily available online or you can get car insurance quotes online or after speaking with an agent via email, phone or in person.