The best car insurance company gives their customers affordable coverage because other good companies can do that. On top of that, the best car insurance companies offer stress-free policy management, easy means of payment, and a great first experience for their customers from quote to claim.
There are several factors to consider when purchasing car insurance: The coverage that suits your needs and its policy, the company to choose, and their discount rates. I have reached dozens of insurance companies to help you find the best insurance company for this year. I have evaluated their customer service ratings, their financial strength, their insurance rates, and trusted third-party sources’ opinions. When choosing car insurance, you should note that every driver has different preferences, which include the type of vehicle, the insurance company’s financial strength, discount, customer service rating, and the insurance policy driver’s ages.
The following insurance companies are the best in 2022 based on their financial strength, value, customer service rating, and AM Best and JD Powers standards
USAA.
HEADQUARTERS: SAN ANTONIO, TEXAS, USA.
HIGHLIGHTS OF USAA.
This insurance company is one of the few that provides insurance for military and veterans. This is what differentiates it from other insurance companies as it builds its policies around the needs of military personnel. In the United States, this company has many policyholders who have testified to the company’s customer service and claims. The company’s auto insurance covers veterans, military personnel, and their family. The company also covers States like Hawaii and Alaska who have the highest number of military personnel.
The company does not only provide its policyholders with low rates. It also created an app called Safepilot. Any policyholders that use the app to track their safe driving will get up to 30% discount at the end of a policy term and have access to the discount when renewing the policy. The company’s financial strength, as in its A++ rating from AM Best and AA rating from S&P, is because the company is reliable and pays its policyholders on time.
Amica.
Headquarters: Lincoln, Rhode Island, USA.
Highlights of Amica.
Amica is one of the best car insurance companies with over 20 years of customer satisfaction to its policyholders in New England. This is more than reassuring for customers looking for an insurance company that cares about its customers. In addition, policyholders with Amica are assured of an affordable premium, a great customer experience, and getting dividends yearly when possible.
Drivers with Amica get up to 20% returned through dividends on their annual premium, unusual with other car insurance companies. Amica policyholders are given access to apply for a dividend policy of future years policy premiums. Amica dividend policy can be beneficial to its policyholders as it provides a flexible option of paying the dividend and helping to lower your policy cost in the long term.
The company was ranked no one by JD Powers among the insurance companies in New England in 2020 for a car insurance satisfaction survey. JD Power also rated the company 2nd overall in the auto claims satisfaction study in 2020, and this made the company scored one of the best insurance companies with great customer satisfaction.
GEICO.
HEADQUARTERS: CHEVY, CHASE, MARYLAND, USA.
HIGHLIGHTS OF GEICO.
Geico is a well-known, trusted auto insurance company that has created an app to help manage its policies. This makes it one of the auto insurance with the best mobile policy management. In addition, the company’s customers have commented on their online experience as their app has a security system that protects their personal information, and the app is easy to use. This earned the company top honor in a survey for customer respect.
The company has five different car insurance discounts that contain two or more offering discounts for its policyholders, federal employees, and military members. Qualifying drivers can save more than 10% of individual coverage or insurance premiums with the company’s discounts. The company’s insurance covers all 50 US states and Washington DC, and they have offices in more than 10 major cities.
In 2020 JD Powers examined the 11 US regions that the company insurance cover, including the North-Central, Southwest, and North West, and ranked the company among the top five for overall customer satisfaction.
STATE FARM.
HEADQUARTERS: BLOOMINGTON, ILLINOIS, USA.
HIGHLIGHTS OF STATE FARM.
State Farm is an excellent insurance option that makes intending customers and policyholders comfortable. They have over 19,000 agents throughout the US that could meet you quickly to discuss your insurance needs and advise you on the best coverage. The company also allows drivers to manage their bills and policy through their mobile app. However, policyholders now prefer to talk to an agent face-to-face, knowing full well that the company has more than enough agents across the nation.
State Farm gives policyholders who are accident-free or good drivers a discount; they also maintain a low interest rate even after an accident which allows drivers who are still working on improving their driving skills to register. Drivers with the company after having an accident pay $571 less in rates than the national average. This differentiates the company from other auto insurance companies. The company’s financial strength earned it an A++ rating for AM Best in 2020.
