The Best Car Insurance Companies for 2020 you should look out for

The Best Car Insurance Companies for 2020 you should look out for

The Best Car Insurance Companies for 2020 you should look out for

The Best Car Insurance Companies for 2020 you should look out for: Finding the best car insurance policy can be difficult. To help you select a car insurance provider that is right for you, we did some research and identified the best companies on the market.

To rate these providers, we looked at factors such as customer satisfaction, claims satisfaction, claims settlement, and customer complaint scores. For the most accurate and reliable auto insurance reviews, we turned to industry experts, J.D. Power, AM Best, Consumer Reports, and The National Association of Insurance Commissioners.

The best car insurance companies

CompanyBankrate RatingJ.D. Power Shopping Study Overall Satisfaction ScoreAM Best Financial Strength RatingConsumer Reports Reader ScoreNAIC Market Share %
State Farm3.93/53/5A++789.76%
The Hartford3.76/53/5A+741.64%
American Family3.61/54/5A761.32%
Esurance3.60/54/5A+70Allstate owned




We looked closely at the individual rankings for each provider and scored them based on their ratings across the board. Certain insurance companies, like State Farm, were rated highly by multiple research companies. Our rankings account for the average ratings of these companies by multiple sources.

State Farm: Best for those who want an agent

Pros: You get a dedicated agent wide range of discounts

Cons: Average customer service and claim handling ratings

According to the NAIC, State Farm insures about 9.76% of the cars in the United States. While State Farm policyholders often pay higher premiums than other car owners do, they enjoy the benefits of having a dedicated agent, something many insurance companies no longer provide. State Farm customers can choose among coverage packages that travelers often seek such as emergency roadside service, travel expense coverage, and rental car coverage.


Car insurance premiums are highly individualized, but you can expect to get a decent rate with State Farm. In J.D. Power’s study, State Farm received three out of five stars for price, which is considered to be average. That means you might not get the best price, but you won’t likely be charged much higher than other providers either.

Additional features

We like that State Farm offers a variety of resources on its website to help first-time insurance buyers pick a policy that fits their needs. With the State Farm app, drivers can manage their policy, get

insurance cards, and file claims on the go. State Farm’s additional features aren’t as extensive as other providers, which was factored into their score.


State Farm offers a full range of discounts, including:

Anti-theft systems

Defensive driving course

Good driving

Good student



Safe driver

Student away-at-school

Up to 30% savings using the Drive Safe and Save app


State Farm car insurance is available nationwide.

Driver type

State Farm is a great insurance company for most types of drivers. However, we recommend State Farm for people who prefer to work with an agent for their insurance needs. State Farm has 19,000 agents across the country, so you’ll find a representative near you.

Other insurance offerings

State Farm offers an array of financial products, including:


Farm and ranch


Long- and short-term disability insurance

Personal and business insurance


Supplemental Medicare, individual medical and supplemental health insurance

Universal life, whole life, and term life insurance

Geico: Best for young drivers

Pros       Cons

Often the most affordable car insurerGood rates for those involved in at-fault accidentGood rates for teen highly-rated mobile apps

Customer service is average at best

Geico offers substantially lower premiums, even for people with poor credit scores, and commands about 6.50% of the U.S. auto insurance market. Geico’s lower rates also apply to drivers with a history of at-fault accidents and young drivers, making it a great pick for folks on a tight budget.


Most customers choose Geico because it is known for offering the lowest ratings in the auto insurance industry. One of the reasons why Geico ranked highly on our list is because of its affordable premiums.

Additional features

Geico offers a few additional features that are worth noting. We like the fact that it offers a personalized coverage calculator and a car insurance comparison tool to help you find the best policy. The mobile app is highly rated, which you can use to file a claim, make changes to your policy, get roadside assistance, and chat with a representative.


Geico stacks up well against its competitors, offering the following discounts:


Anti-lock brakes

Anti-theft device

Driver education

Federal employee and military

Good driver

Good student


Multi-vehicle discounts

Seat belt use


Geico is available nationwide.

Driver type

We recommend Geico for young drivers who are looking for a no-frills policy at an affordable price. It’s also a good option for newly licensed drivers, who tend to be subjected to higher insurance premiums than older drivers.

Other insurance offerings

For consumers with other types of property to protect, Geico also offers:

ATV insurance

Boat insurance

Business, professional liability, and malpractice insurance

Condominium insurance

Flood insurance

Homeowners insurance

Landlord insurance

Life insurance

Mobile home insurance

Pet insurance

Renters insurance

RV insurance insurance

Travel insurance

Umbrella insurance

Progressive: Best for higher-risk drivers

Pros       Cons

Great online comparison toolsGood range of discounts available               Customer service and claims handling are below average

Progressive charges rate virtually equal to State Farm’s but cannot compete with Geico’s lower premiums. Compared with Geico, Progressive charges much higher premiums for drivers with poor credit, young drivers, and motorists with a history of at-fault accidents.


Progressive’s prices are about average compared to competitors.

Additional features

The company offers an online tool to compare auto rates. It also offers the Save with Snapshot app and Names Your Price tool, which can help you save money on your premium.


Progressive has many discount programs, including:

An average of $145 in discounts when using the Progressive Snapshot app

Anti-theft device

Defensive driver

Good student




Paperless documents, sign online and online quote

Pay-in-full and automatic-pay

Teen driver


Progressive is available in all 50 states.

Driver type

Progressive is a good option for high-risk drivers. Using the Name Your Price tool and Snapshot app can help you save money on your premium if you commit to becoming a safer driver.

More update on best car insurance companies

Also, watch the video below for more understanding of auto insurance companies.

Be the first to comment

Leave a Reply

Your email address will not be published.