The Best Car Insurance Companies of 2022

The Best Car Insurance Companies of 2022, Not every car insurance company is the same. We asked more than 10,000 drivers about their car insurance experiences, focusing on key areas like customer service, claims to handle, and customer loyalty. We ranked the best car insurance companies of 2022 based on this information to help you find the best one.

What Is the Best Car Insurance Company?

Our data from 2022 shows that USAA is the best car insurance company, but its products are only available to people in the military. If that doesn’t work for you, State Farm, which came in second in our analysis, is the Car Insurance Companies’ next best choice.

We looked at rate information and feedback from policyholders to find the best car insurance companies. We paid close attention to customer service, claims handling, customer loyalty, and policy renewal. We also asked people who took the survey if they would recommend their current insurance company to a driver looking for a new policy.

This list can help you compare auto insurance companies based on the things that are most important to you. Even though USAA and State Farm are at the top of our list, you may be happier with one of the other eight companies. So, before you buy or renew a policy, it’s a good idea to compare several insurers and their rates.

Auto Insurance Company Ratings

When putting these insurance companies in order, our team looked at how many states they covered, how wide their coverage was, how much they charged, and how satisfied experts like J.D. Car Insurance Companies Power were with them.

We also looked at how strong the company was financially and how many complaints the National Association of Insurance Commissioners got (NAIC). On a scale of 1 to 10, each insurer was given a grade.

1. USAA

From what we’ve seen, USAA is the best insurance company. Our 2022 survey shows that USAA customers are the most satisfied with their service and are most likely to renew their policies and recommend USAA to other drivers. USAA also has the lowest rates in our study. Its rates are 35% lower than the average rate in the U.S.

Only people in the military can buy insurance from USAA. This includes policies for autos, homes, and apartments. Because of this, not all drivers will be able to get insurance through this company.

2. State Farm

State Farm has above-average scores in all of our subratings, including Claims Handling and Customer Loyalty. This makes it our No. 2 pick. Also, it did well in our ranking of the Cheapest Car Insurance Companies of 2022. It had the lowest average premiums among the companies we looked at for people who couldn’t get a policy from USAA because they didn’t have a perfect driving record.

3. Farmers

Farmers are tied for third place in our rating, and they are also tied for first place in many of our other ratings. It is tied for first place in two categories: handling claims and customer service and loyalty. Farmers loses points compared to other insurers in our rating for Most Likely to be Renewed, where its score of 4.0 is lower than the category average of 4.2. It also has one of the highest average annual rates among the companies we looked at.

3. Nationwide

Since we looked at 2021, Nationwide has moved up two spots and is now tied for the No. 3 spot. Car Insurance Companies Nationwide has the second-highest scores in our subcategories for Customer Loyalty and Most Likely to be Recommended. It also has above-average scores in all the other subcategories. Nationwide also has below-average rates for some drivers, especially those with a good driving record or bad credit.

3. Geico

Geico got average scores in all of the categories, such as Customer Service, Claims Handling, and Customer Loyalty, which put it in the No. 3 spot in this year’s ranking. Its rates are what make it stand out, and they put it at No. 2 on our list of the cheapest car insurance companies for 2022. Its rates for teens, seniors, and people with bad credit are just a little bit higher than the top-rated USAA.

6. Allstate

Allstate moved up three spots to tie for No. 6 in this year’s Best Car Insurance Companies ranking. Car Insurance Companies The company is also No. 4 in our Most Likely To Be Recommended subrating, but most of our other subratings gave it slightly below-average scores. It has some of the highest rates we looked at, but some drivers, like those with a speeding ticket on their record, may get a good deal from Allstate.

6. Travelers

This year, Travelers also moved up. They moved up two spots and tied for the sixth place. The customer service score for Travelers is lower than that of seven other insurers we looked at. However, it comes in first for Claims Handling and third for Most Likely to Be Renewed. Travelers also gets a higher-than-average score for policy renewal and usually has lower premiums than the national average.

8. Progressive

In our list, Progressive comes in at No. 8. Overall, customers are happy with how easy it is to get a policy, but Progressive ranks last in our Best for Customer Loyalty category and has below-average scores in every other subrating in our survey. Customers also say they are less likely to keep their policy with Progressive or recommend the company to other drivers. But people who have a DUI may be able to save money with Progressive. It has some of the lowest rates for those drivers that we looked at.

8. AAA

AAA is a new company on our list of the best car insurance companies. It shares the No. 8 spot with Progressive. In every category we looked at, it got scores that were below average. It does, however, come in at No. 6 on our list of policies that are most likely to be renewed, ahead of Allstate, Farmers, Progressive, and American Family. Car Insurance Companies The average premiums for AAA are also the highest in our study, but drivers who are thinking about joining AAA should get a quote to see if their own rate is more competitive.

10. American Family

This year, American Family fell four spots and now comes in at No. 10. It has the lowest scores in most subcategories, but American Family has a slightly higher score than Progressive in our Best for Customer Loyalty category. Even though their scores are low, American Family does offer competitive rates for some drivers, especially teens, those with bad credit, and those who have been in an accident or had a DUI in the past.

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