Please ensure Javascript is enabled for purposes of website accessibility

This device is too small

If you're on a Galaxy Fold, consider unfolding your phone or viewing it in full screen to best optimize your experience.

Skip to main content
Advertiser Disclosure Many of the offers that appear on this site are from companies from which The Motley Fool receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear) and may influence which products we write about, but our product ratings are not influenced by compensation. We do not include all companies or offers available in the marketplace.
    |    Accessibility Options

Best Car Insurance Companies for 2024

Updated
Brendan Byrnes
Author: Brendan Byrnes
Brendan Byrnes
Brendan Byrnes

Currently Managing Director of Motley Fool Money, Brendan has worked full-time for The Motley Fool since 2011. He has written hundreds of articles for The Motley Fool and provided analysis on TV outlets including CNBC and Fox. He holds a degree in finance from Virginia Tech.

See Full Bio

| 1 other [ + ]
Nathan Alderman
Fact Checked: Nathan Alderman
Nathan Alderman
Nathan Alderman
Fact checker

Nathan Alderman has been a full-time Motley Fool employee since 2005, making errors his arch-enemies in a variety of roles including a six-year stint as the dedicated fact-checker for The Motley Fool's premium newsletter services. As Motley Fool Money's Compliance Lead, he makes sure that all the site's information is accurate and up to date, which ensures we always steer readers right and keeps various financial partners happy. A graduate of Northwestern University's Medill School of Journalism, Nathan spends his spare time volunteering for civic causes, writing and podcasting for fun, adoring his wife, and wrangling his two very large young children.

See Full Bio

Many or all of the products here are from our partners that compensate us. It’s how we make money. But our editorial integrity ensures that our product ratings are not influenced by compensation. Terms may apply to offers listed on this page.

Auto insurance might not be the most exciting thing, but it’s one of the smartest ways to protect yourself and your wallet (and of course, it's usually legally required). Think of it as your financial safety net, ready to catch you when life throws a curveball, like an accident or a costly repair.

It's incredibly important to shop around for auto insurance, as rates can vary significantly by carrier. You could easily save hundreds of dollars per year by getting several quotes.

We’ve carefully reviewed top auto insurance companies, and the picks below are our favorites for coverage, value, and customer satisfaction.

Best Car Insurance Companies: Our Picks

The Picks
Offer Best For Next Steps
Graphic of State Farm
State Farm
Rating image, 5.00 out of 5 stars.
5.00/5 Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
 = Best
= Excellent
= Good
= Fair
= Poor
Great For: Best overall
Get a Quote
Graphic of Geico
Geico
Rating image, 4.50 out of 5 stars.
4.50/5 Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
 = Best
= Excellent
= Good
= Fair
= Poor
Great For: Best for affordability
Get a Quote
Graphic of Allstate
Allstate
Rating image, 4.00 out of 5 stars.
4.00/5 Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
 = Best
= Excellent
= Good
= Fair
= Poor
Great For: Best for teens
Get a Quote
Graphic of USAA
USAA
Rating image, 4.00 out of 5 stars.
4.00/5 Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
 = Best
= Excellent
= Good
= Fair
= Poor
Great For: Best for veterans
Get a Quote
Graphic of Amica
Amica
Rating image, 4.00 out of 5 stars.
4.00/5 Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
 = Best
= Excellent
= Good
= Fair
= Poor
Great For: Best for customer service
Graphic of Farmers
Farmers
Rating image, 3.50 out of 5 stars.
3.50/5 Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
 = Best
= Excellent
= Good
= Fair
= Poor
Great For: Best for discounts

How do I find the best car insurance company for me?

Start by comparing quotes from multiple insurers to find a balance of affordability and coverage. Look for companies with strong customer reviews, reliable claims processes, and discounts that fit your situation, such as safe driving or bundling policies. Consider coverage options like collision, comprehensive, and liability to match your needs.

Jump to a section:

insurance icon
Best overall
 icon_moneyMarket icon
Best for affordability
 awards-black-financial-personal-money icon
Best for teens
identity-management-icon icon
Best for veterans
 customer-service-icon icon
Best for customer service
 icon_savingsAccount 2 icon
Best for discounts

Best overall: State Farm

Award Icon 2025 Award Winner
Logo for State Farm
Best overallState Farm
Rating image, 5.00 out of 5 stars.
5.00/5 Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
 = Best
= Excellent
= Good
= Fair
= Poor
Get a Quote

Read our State Farm review

Best for affordability: Geico

Award Icon 2025 Award Winner
Logo for Geico
Best for affordabilityGeico
Rating image, 4.50 out of 5 stars.
4.50/5 Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
 = Best
= Excellent
= Good
= Fair
= Poor
Get a Quote

Read our Geico review

Best for teens: Allstate

Award Icon 2025 Award Winner
Logo for Allstate
Best for teensAllstate
Rating image, 4.00 out of 5 stars.
4.00/5 Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
 = Best
= Excellent
= Good
= Fair
= Poor
Get a Quote

Read our Allstate review

Best for veterans: USAA

Award Icon 2025 Award Winner
Logo for USAA
Best for veteransUSAA
Rating image, 4.00 out of 5 stars.
4.00/5 Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
 = Best
= Excellent
= Good
= Fair
= Poor
Get a Quote

Read our USAA review

Best for customer service: Amica

Logo for Amica
Best for customer serviceAmica
Rating image, 4.00 out of 5 stars.
4.00/5 Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
 = Best
= Excellent
= Good
= Fair
= Poor
Read Review

Read our Amica review

Best for discounts: Farmers

Logo for Farmers
Best for discountsFarmers
Rating image, 3.50 out of 5 stars.
3.50/5 Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
 = Best
= Excellent
= Good
= Fair
= Poor
Read Review

Read our Farmers review

What factors affect my car insurance rates?

Your rates are influenced by factors like your driving history, age, location, vehicle type, and even credit score in some states. Insurers also consider how much coverage you choose and your deductible amount. Maintaining a clean driving record and taking advantage of discounts can help lower your premiums.

Is the cheapest car insurance always the best option?

Not necessarily. While affordability is important, the cheapest policy might leave you underinsured. Focus on value: a policy that provides the coverage you need at a price you can afford. Sometimes spending a little more upfront can save you from costly out-of-pocket expenses down the road.

What types of coverage should I consider?

The basics include liability insurance, which covers damages or injuries you cause to others, but you may also want collision coverage for your car’s repairs and comprehensive coverage for non-accident events like theft or weather damage. Add-ons like roadside assistance or rental reimbursement can provide extra peace of mind based on your needs.

Shop around. Each insurer has a different pricing algorithm, and the insurer that offers the lowest price for one person might not be the insurer that offers the lowest price for someone else.

Benjamin Shiller, Ph.D. Assistant Professor of Economics at Brandeis University

FAQs

  • While minimum coverage meets legal requirements, it may not cover all damages or medical bills in a serious accident, leaving you financially vulnerable.

  • You can save by comparing quotes, bundling policies, maintaining a clean driving record, and taking advantage of discounts like safe driver or multi-car.

Auto Insurance Ratings Methodology

The data found on this page is a combination of publicly available quote data obtained directly from the carrier as well as insurance rate data from Quadrant Information Services. These rates were publicly sourced from the top ten (10) to fifteen (15) carrier markets, within each state, based on annual written premium and should be used for comparative purposes only -- your own quotes may be different.

The base vehicle used for benchmarking purposes is a 2019 Honda Civic averaging 14k miles driven per year.

The base driver persona is a 35 year old single male with a clean driving record that uses their vehicle for personal commuting with coverage limits set to the following: (unless otherwise noted)

  • Coverage: $50,000 per person / $100,000 per accident /$25,000 property damage
  • Deductible: Comprehensive with $500 deductible / Collision with $500 deductible
  • Other: No uninsured or underinsured coverage

Insurance products are then rated on a scale of one to five stars, primarily focusing on:

Pricing

With so many options for insurance across the board these days, it's easiest, and quite effective, to first look at the bottom line. Do single out competitive prices across insurance categories it's important to focus on:

  • Deductibles
  • Terms
  • Coverage
  • The fine print
Discounts

Insurance provides coverage for unexpected financial burdens and piece of mind. But it's important to check your policies and see how you can lower your premium. Insurance companies offer discounts for all sorts of things now from safe driving to good grades to automatic bill pay. Pay attention to:

  • Discounts offered
  • Variety of discounts
  • Discount qualifications
Perks/Benefits

The benefits of insurance these days have gone far beyond just what your policy covers. Most companies and policies come with perks -- some of which may be completely unrelated to your insurance policy. Take a look at:

  • Non-pricing related perks offered
  • Benefits unrelated to your coverage
  • Perks that stand out in the industry
  • Will you actually use the benefit?
Customer Service/Claims Process

Policy research and coverage options are great, but how is the process when you have to actually use your insurance policy? The best coverage doesn't hold much value if it's a hassle to get paid out. Pay special attention to:

  • How hard it is to file a claim
  • If your provider has a history of resisting payouts
  • The customer satisfaction scores for your provider