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What’s The Best Car Insurance In Colorado? Top 8 Revealed

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The Centennial State of Colorado is home to many—from vacation destinations, such as Pike's Peak and Vail, to famous residents, like the actor and comedian Tim Allen. As of 2016, there are over 4 million licensed drivers that also call the state home. Regardless of whether you call yourself a "Coloradoan" or a "Coloradan," if you are a driver in the state you will want to have the best car insurance in Colorado.

FAQs About Choosing The Best Car Insurance In Colorado

If you are a Colorado resident, you must have car insurance to legally drive your vehicle. Like many other states, Colorado has minimum coverage requirements so that all drivers on the road have some amount of protection. However, many Colorado drivers opt to add in additional types of car insurance to their policy, including comprehensive, collision, loan/lease payoff, medical and funeral services, rental car reimbursements, roadside assistance, uninsured motorist bodily injury, and uninsured motorist property damage.

In a perfect world, you would never have to use your car insurance; however, should an accident occur, you will be glad you took the time to research — and invest in — the best car insurance in Colorado for you and your family.

1. What Are The Minimum Requirements For Car Insurance In Colorado?

To legally drive a car registered in Colorado you must have an auto insurance policy that covers $25,000 for bodily injury (up to $50,000 per accident) and $15,000 for property damage. Keep in mind that, since this is the bare minimum Colorado requires you to purchase, it will not cover damage to your car.

2. What Factors Influence The Cost Of Car Insurance?

Depending on your age, ZIP code, driving record, and credit history, the car insurance rates you pay can (and likely will) differ from what another Colorado resident pays. If you cannot get coverage on the open car insurance market because of past accidents or other factors, you can apply for coverage through the Colorado Motor Vehicle Plan.

Bad Credit

It may come as a surprise, but poor credit can have a bigger impact on your car insurance rates than a DUI conviction or recent at-fault accident. Car insurance for drivers with bad credit costs significantly more than it does for those with good credit. However, the good news is that you can lower your car insurance costs by comparison shopping.

An At-fault Crash

If you are responsible for an at-fault crash, expect your car insurance rates to remain higher for three to five years after the accident. There's not much you can during those first three years, but be sure to shop for new insurance rates just after the three-year and five-year anniversaries of your infraction.

Speeding Tickets

Speeding tickets are a sure way to increase your car insurance rates upon policy renewal. While you can expect to pay more for three years, it pays to compare your existing rates of other car insurance companies because you might find lower rates.

Adding a Teen

Regardless of what state you live in, adding a new driver to your family policy will hike your rate significantly. In Colorado, you can expect your rate to go up approximately 150% if you add a 16-year-old driver to your policy.

3. How Much Car Insurance Should I Buy?

You should buy more car insurance than the legal minimum, especially if you have savings and assets. The more money you have, the more likely the injured party will sue you following a car accident (should your insurance not be enough to cover all the expenses).

4. Why Is Car Insurance So Expensive In Colorado?

While car insurance underwriters don't release the exact calculations and variables that go into determining a state's rates, below are a few reasons Colorado's auto insurance rates are higher than the national average.

Bad Weather

Colorado is known for its snow, which is great for skis and snowboards but not so great for cars. Recent winter storms that have freezing rain, heavy snow, and ice conditions have forced car insurance companies to raise the price of their policies to account for costly weather-related claims.

Gas Prices

Your wallet might enjoy lower gas prices, but car insurance companies know that cheaper gas means more drivers on the road. When roads are busier, there is a higher likelihood of accidents — hence the higher costs of car insurance.

Distracted Drivers

While traffic-related deaths have been trending down across the country, Colorado has been dealing with the opposite scenario — largely in part because of distracted drivers. There is some speculation by car insurers that the legalization of marijuana in Colorado may increase distracted driving.

How We Reviewed

There is no shortage of car insurance policies and options for Colorado drivers. To help you narrow down the list and find the best car insurance in Colorado for you and your family, we picked eight different underwriters and evaluated them based policy features, coverage options, available discounts, the average monthly cost of a policy, and financial strength. We also included a link that will take you to the company's website where you can learn more.

As you read through our review the best car insurance in Colorado, you will notice an Additional Coverages section right below the Summary. All the companies we reviewed offer the required minimum car insurance liability coverage for Colorado, as well as collision, comprehensive, uninsured/underinsured motor vehicle, emergency roadside assistance, and medical payments. The car insurance policy items included in the Additional Coverages section are add-ons that are unique to that specific underwriter.

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Overall Price Range: Average Car Insurance Rates In Colorado

As we mentioned earlier in this review of the best car insurance in Colorado, the price you pay will depend on personal factors (such as ZIP code, driving record, age, and credit). However, when researching the best car insurance in Colorado, it's important to note that the state falls on the higher end in terms of cost. The average yearly premium for car insurance in Colorado is $1,383 (compared to the national average of $1,009) and the eight car insurance providers we reviewed fall into this price range.

The Top 8 Colorado Car Insurance Companies We Reviewed

State Farm Insurance

American Family Insurance

Allstate Insurance

Esurance

Safeco Insurance

Progressive

USAA Insurance

GEICO Insurance

man and woman smiling inside car

Image via Pexels

State Farm Insurance


Features:

As the largest auto insurance provider in the U.S., State Farm insures just under 20% of the Centennial State's drivers — making it the most popular option for the best car insurance in Colorado. State Farm makes it easy to check prices and understand the different parts of a car insurance policy. In addition, State Farm offers some of the best young driver discounts available, making it a great option for families with teen drivers.

Additional Coverages:

  • Car rental and travel expenses
  • Rideshare driver coverage

Discounts:

  • Accident-free
  • Drive Safe & Save™ Program
  • Driver education course completion (over the age of 55) and driver training (under age of 21)
  • Good driving
  • Good student
  • Passive restraint
  • Steer Clear® Safe Driver
  • Student away at school
  • Vehicle safety

Average Price Per Month: $

Where to Buy:

A.M. Best Financial Strength Rating: A++

State Farm is one of the highest rated companies in the insurance industry with a superior "A++" financial strength rating from A.M. Best. If you determine that State Farm has the best car insurance in Colorado for you and your family, the company will meet its financial obligations — even if the economy goes into a recession— and even after a large disaster that creates many claims at once.

American Family Insurance


Features:

American Family Insurance is a good choice for car insurance in Colorado if you are searching for a policy that has many discounts. In addition, American Family Insurance just purchased Ameriprise's Auto and Home insurance business — which includes Costco car insurance. If you are a member of Costco, be sure to maximize the yearly membership fee and see if your relationship with the wholesaler can get a lower price on Colorado car insurance.

Additional Coverages:

  • Gap (Lease & Loan)
  • Classic car
  • Business car
  • Rideshare
  • Rental Car

Discounts:

  • Multi-vehicle
  • Loyalty
  • Early-bird
  • Multi-product
  • Steer into savings
  • Auto safety equipment
  • Defensive driver
  • Good driving
  • Low mileage
  • KnowYourDrive Program
  • Good student
  • Teen safe driver
  • Away at school
  • Young volunteer
  • Generational
  • Autopay
  • Customer full pay
  • Paperless

Average Price Per Month: $

Where to Buy:

A.M. Best Financial Strength Rating: A

American Family Insurance has an "A" rating from A.M. Best, meaning that the company has an excellent ability to meet their ongoing insurance obligations.

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Allstate Insurance


Features:

Allstate Insurance prides itself on providing great protection with leading-edge tools, expert support from agents, and benefits drivers won't find anywhere else — such as their claim satisfaction guarantee, Drivewise®, Allstate Rewards®, preferred repair services, car buying service, access to their mobile app and QuickTrip. While Allstate is one of the more expensive options for car insurance, it's important to remember that premiums are highly personal and depending on your "risk factors" it might be the best insurance in Colorado for you.

Additional Coverages:

  • Rental reimbursement
  • Sound system insurance
  • Personal injury protection
  • Personal umbrella policy
  • Property protection
  • Class car insurance
  • Ride-sharing coverage
  • Mexico tourist auto insurance

Discounts:

  • Multiple policy
  • Smart student
  • Vehicle discounts (anti-lock breaks, anti-theft, and new car)
  • EZ pay plan
  • Allstate eSmart®
  • FullPay®
  • Early Signing Discount®
  • Responsible payer

Average Price Per Month: $$$

Where to Buy:

A.M. Best Financial Strength Rating: A+

Allstate financial strength ratings are strong and stable across their divisions, which is why A.M. Best rated the company as an A+.

Esurance


Features:

In 2011, Esurance was acquired by Allstate for a cool $1 billion — and the Colorado-based car insurance company has continued to grow ever since. Besides providing the minimum bodily injuries (per person and per accident) and property damage liability insurance that all Colorado drivers must carry, Esurance also offers additional coverages (below) that can provide peace of mind and financial protection should you need to file a claim. Esurance's CoverageMyWay® program is a great way to determine if their policies will provide you and your family with the best car insurance in Colorado.

Additional Coverages:

  • CarMatch Rental Coverage®
  • Custom parts and equipment
  • Auto loan/lease (or "gap")
  • Funeral services payments
  • Towing and labor

Discounts:

  • Anti-theft device
  • Claim-free
  • Defensive driver
  • Fast 5®
  • Good student
  • Homeowners
  • Multi-car
  • Paid-in-full
  • Safety device
  • Multi-policy

Average Price Per Month: $$$

Where to Buy:

A.M. Best Financial Strength Rating: A+

Esurance was recently upgraded to an "A+" rating (from "A-") because it joined the Allstate family.

insurance on papers

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Safeco Insurance


Features:

Backed by the financial strength of Liberty Mutual, Safeco Insurance combines a network of independent insurance agents (who will work with you to make sure you get the best coverage for your needs) with the ease and convenience of managing your account online. All Safeco car insurance policies include up to $10,000 in coverage for reimbursement of first aid administered to others after an accident, accident forgiveness, and diminishing deductibles if you remain claim-free.

Additional Coverages:

  • Loan and lease
  • Electronic key and lock replacement
  • CD and DVD replacement
  • New Car Replacement™
  • Audio-visual and custom equipment
  • Pet coverage
  • Personal property

Discounts:

  • Multiple Safeco policies
  • Safe driver
  • Accident prevention course
  • Teen Safety Rewards™
  • Drive less, pay less
  • More than one car
  • Theft deterrents
  • Anti-lock breaks
  • Own your own home
  • Increase your deductible
  • Pay your bill in full

Average Price Per Month: $$

Where to Buy:

A.M. Best Financial Strength Rating: A

Safeco has an excellent "A" rating by A.M. Best for its financial strength. Keep in mind that Safeco is backed by the financial strength of Liberty Mutual Insurance, a Fortune 100 company and one of the largest U.S. corporations.

Progressive


Features:

As the third-largest car insurance company in the United States, Progressive offers insurance for almost anything that has a motor, from commercial car and boat insurance to all-terrain vehicles (ATVs) and snowmobiles. In addition, Progressive also offers other types of insurance through their third-party network of insurance agents, including homeowners, renters, mobile home, condo, flood, business, life, classic car, mechanical repair, travel, wedding and event, pet, ID theft, and insurance for driving in Mexico.

Additional Coverages:

  • Loan/lease payoff
  • Rental car reimbursement
  • Custom parts and equipment value
  • Rideshare coverage
  • Deductible savings bank

Discounts:

  • Multi-car and multi-policy
  • Snapshot® personalized rates
  • Safe driver
  • Homeowner
  • Sign online
  • Online quote
  • Paperless
  • Continuous insurance
  • Teen driver
  • Good student
  • Pay in full
  • Automatic payment setup

Average Price Per Month: $$

Where to Buy:

A.M. Best Financial Strength Rating: A+

Progressive has an "A+" rating from A.M. Best Financial because of its superior ability to meet ongoing insurance obligations.

crash test on car

Image via Pixabay

USAA Insurance


Features:

As Colorado's second-largest car insurance provider by market share, USAA is only available to members of the U.S. armed forces and their families. If you are in any branch of the military, USAA might have the best car insurance in Colorado for you and your family. Known for its superior customer service and claims process, the only downside to USAA Insurance is that it's only available to verified military members.

Additional Coverages:

  • Rental reimbursement
  • Accident forgiveness
  • Extended benefits

Discounts:

  • Safe driving
  • Defensive driving
  • Driver training
  • Good student
  • New vehicle
  • Multi-vehicle
  • Annual mileage
  • Vehicle storage
  • Family discount
  • Length of membership
  • Military installation
  • No payment plan fees
  • Multiple policy

Average Price Per Month: $$

Where to Buy:

A.M. Best Financial Strength Rating: A++

USAA Insurance rivals State Farm's superior financial strength and has an A++ rating from A.M. Best.

GEICO Insurance


Features:

For over 75 years, GEICO has been combining affordable auto insurance with outstanding customer service and is now the second largest auto insurer in the United States. GEICO provides affordable car insurance rates and is considered the best car insurance in Colorado ideal by drivers that want to save money by managing their policy online.

Additional Coverages:

  • Rental reimbursement
  • Mechanical breakdown
  • Accident forgiveness

Discounts:

  • Vehicle equipment: airbags, anti-lock breaks, anti-theft systems, and daytime running lights
  • Driving history and habits: five-year accident-free good driver and seat belt use
  • Driver's education: defensive driving and education courses and being a good student
  • Affiliation discounts for the military, federal employees, and other groups
  • Customer loyalty discounts are available for multi-vehicle and multi-policy drivers

Average Price Per Month: $

Where to Buy:

A.M. Best Financial Strength Rating: A++

USAA Insurance rivals State Farm's superior financial strength and has an A++ rating from A.M. Best.

The Verdict

car toy on money

Image via Pixabay

When choosing the best car insurance in Colorado for you and your family, there is no one correct choice for everyone. Car insurance is a highly personalized product that will vary based on your ZIP code, age, driving record, car make/model, credit history. While there isn't a one-size-fits-all car insurance policy, drivers throughout Colorado will always be better off buying more than the bare minimum mandated by the state. Buying too little car insurance leaves you and your family vulnerable to lawsuits and major accident bills, which is why everyone should consider additional coverage types (like collision and comprehensive).

Costco Car Insurance Review

costco car insurance review

Image from Costco

Founded in 1976, Costco is a warehouse club that provides wholesale items at bulk prices to its members. While Costco is well-known for its food and household items, the company also offers its members a wide range of ancillary services. If you are a Costco member (or thinking about becoming one), this Costco car insurance review will provide you with all the information you need to determine if applying wholesale to your auto policy will get you bigger discounts and savings.

Costco Car Insurance Review: What Is Costco Car Insurance?

costco car insurance - 3rd party website

Image from Ameriprise

Since Costco is not a licensed insurance broker, the company partnered with Ameriprise Financial underwrite over 300,000 of its members with home and car insurance. In April 2019, Ameriprise announced that it was selling its automotive and home insurance business to American Family Insurance and emphasized that Costco members with existing auto insurance policies will see no change to their coverage and service.

As you read through this Costco car insurance review, you will notice that there are certain types of coverage that all underwriters provide: liability coverage for bodily injury and property damage, collision and comprehensive coverage, and medical payments or personal injury protection. Besides the primary car insurance coverage types, Costco car insurance provides optional coverages that drivers can purchase for added protection.

Roadside Assistance and Towing

This optional auto insurance coverage will take care of the costs associated with roadside assistance,
such as when you have a dead battery, lock your keys in your car, or get a flat in the middle of nowhere. If you have a Costco Executive Membership, roadside assistance and towing comes free with your policy.

Gap Insurance

If you lease (or have an outstanding loan on your car) and it is totaled in an accident, gap insurance will pay for the difference between what you owe and the replacement cost of the car.

Rental Car Reimbursement Coverage

Rental car reimbursement insurance pays for a rental car while your vehicle is being repaired after an accident.

Coverage Options for Costco Car Insurance

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When reading a Costco car insurance review, it's important to keep in mind that the specific details of each policy will vary based on the amount of coverage you buy. In addition, the laws around car insurance are different in every state so the features described below may not be available in your state. That being said, Costco auto insurance provides standard coverage, including liability (bodily injury and property damage), collision and comprehensive, and personal injury protection. Should you require additional coverage for your car insurance policy, Costco offers roadside assistance and towing, gap insurance, and rental car reimbursement insurance.

Pricing

Throughout this Costco car insurance review, you will notice that we mentioned that state law dictates the legal requirements for minimum car insurance. As each state has different requirements for car insurance coverage, it is no surprise that yearly premiums are more expensive in states with higher requirements (around $3,000 a year) and less expensive in states with more lax requirements (around $800 a year).

In this Costco car insurance review, we evaluate three other car insurance products available on the market. It's important to remember when comparing Costco car insurance to those available from other companies that you remember the membership fee you pay to the wholesaler. While Costco car insurance policyholders can expect to get a 5% to 10% discount off Ameriprise's standard auto insurance rates, this will only reduce your bill by a few dollars every month.

How It Compares

To help you get the most out of this Costco car insurance review, we chose three additional auto insurance companies and reviewed them based on price, customer service, discounts and benefits, and pros and cons. We also included a link at the end of each review where you can learn more about that specific car insurance company.

The three car insurance companies we evaluated:

  • GEICO
  • Allstate
  • Progressive

Costco Car Insurance

aah-logo-costco

Customer Service

Historically, the customer service aspect of a Costco car insurance review was the product weakness since it was managed by Ameriprise — which has substandard reviews for customer service. However, now that Ameriprise has sold its home and auto insurance business to American Family Insurance, only time will tell if Costco car insurance policyholders see a marked improvement in customer service.

Discounts and Benefits

Costco auto insurance offers policyholders many discounts and benefits, so they can save money on their car insurance. For example, if you haven't been in an accident in the past few years or have taken an approved defensive driving course through the DMV, Costco will give you a discount on your car insurance. Costco auto insurance will forgive your first at-fault accident (if you have been a policyholder for over three years) and give you discounts if your vehicle has specific safety features, such as anti-lock breaks, air bags, automatic seat belts, and anti-theft devices.

Students will be especially interested in this part of the Costco car insurance review: if you are under the age of 25 and maintain a "B" average or better in school, you will receive a "good student" discount. Other education-related discounts include discounts for those who complete over four years of post-high school education or if a driver on your policy attends school over 100 miles away and only drives the insured vehicle when home for weekends or breaks.

All Costco auto insurance policyholders can waive their deductible if they opt to fix (rather than replace) a windshield that is repairable.

Availability

Costco members in the following states can't sign up for the company's auto insurance: Alaska, Louisiana, Maine, North Dakota, Rhode Island, and Wyoming. Tennessee residents will not qualify for rate discounts through Costco auto insurance, whereas only Executive Costco members are eligible in Massachusetts.

Pros

  • Costco is a stable company with a large membership base
  • Variety of discounts available
  • Can stack multiple discounts
  • Guaranteed policy renewal (does not apply to certain offenses, like driving under the influence)

Cons

  • Not available in certain states
  • Must have an active Costco membership
  • Ameriprise sold their Costco auto insurance policies to American Family Insurance

GEICO

geico

Features

As the second largest auto insurer in the United States, GEICO has been combining affordable auto insurance with outstanding customer service for over 75 years. If you are reading this Costco car insurance review because you are looking for an affordable car insurance policy (and you are comfortable managing your policy online when an agent isn't readily available) Geico might be a good choice for you.

Besides the standard coverage mentioned earlier in this Costco car insurance review article, Geico offers supplemental coverage for mechanical breakdowns, emergency roadside assistance, and ridesharing insurance (if you drive for a company like Uber or Lyft).

Price

Synonymous with a gecko that tells viewers that "15 minutes could save you 15% or more on car insurance," GEICO auto insurance is a good option if low prices are at the top of your list and you don't mind getting a quote online or over the phone.

Customer Service

GEICO consistently ranks at the top of the list for customer satisfaction. In addition to having licensed insurance agents available 24/7/365 via phone, the company also has local agents across the country and robust web and mobile apps that policyholders can use to monitor their car's maintenance, locators for gas, parking, and nearby attractions, Lyft integration, in-app chat, and Alexa and Google voice assistance.

Discounts and Benefits

GEICO breaks its car insurance discounts into five categories:

1. Vehicle Equipment

Includes discounts for airbags (25% for the driver's side and 40% for full-front seat), anti-lock breaks (5%), anti-theft system (25%), and daytime running lights (1%).

2. Driving History and Habits

Discounts are available for good drivers who have gone five years accident-free (26%) and seat belt use (15% medical or PIP portion). It's important to note that, unlike other car insurance policies, GEICO Accident Forgiveness (not available in CA, CT, and MA) can be earned or purchased. You may get Accident Forgiveness for free or you can buy it as an upgrade to your policy.

3. Driver's Education

Includes discounts for individuals that take a defensive driving or educational course (varies) and good students (15%).

4. Driver's Affiliation

Discounts are available for emergency deployment (25%), federal employee (8%), memberships and employees (varies), and military (15%) members.

5. Customer Loyalty

Includes multi-vehicle (25%) and multi-policy (varies) discounts.

Availability

GEICO car insurance is available in all 50 states and the District of Columbia. However, since mandatory minimums are specific to each state, be sure to confirm with GEICO that your car insurance policy meets the requirements.

Pros

  • Superior financial strength
  • Best-in-class customer support teams and technologies
  • Low-cost car insurance with no membership requirements or fees
  • Available in every state (and D.C.)
  • A good option for those who prefer a self-service model

Cons

  • Fewer discount programs available
  • Coverage add-ons are not available in every state

Allstate

Allstate_logo

Features

While Allstate is best known for its car insurance policies, the financial services company also offers a wide variety of products and services through its network of local agents. If you already use an Allstate product and want an accessible one-stop shop, adding in car insurance would be a good option.

In addition to the standard coverages mentioned previously in this Costco car insurance review, Allstate also offers accident forgiveness, safe driving bonuses, deductive rewards, new car replacement, and three tiers of roadside assistance. If you have a classic car or travel back and forth to Mexico, Allstate has specialty car insurance policies for these needs.

Price

Compared to other auto insurance providers in this Costco car insurance review article, Allstate's rates come in slightly more expensive.

Customer Service

One of Allstate's most popular customer service items is their fast, fair, and hassle-free claim experience guarantee. If you have an experience that doesn't meet those criteria, you will get your money back (up to a six-month premium credit) with no questions asked.

Discounts and Benefits

Allstate offers 12 different discounts for its car insurance policies:

  1. Safe driver discount
  2. New car discount
  3. Accident-free discount
  4. Anti-lock brake and anti-theft discount
  5. Good student discount
  6. Automatic withdrawal discount
  7. Responsible payer discount
  8. Smart driver discount
  9. Paperless discount
  10. Paying in full discount
  11. Multiple policy discount
  12. Early signing discount

Availability

Allstate car insurance is available in all 50 states (plus D.C.), but some of its supplemental products and services are not.

Pros

  • No membership fees
  • Superior financial strength
  • 24/7 claims center with a streamlined process
  • Allstate's Drivewise app rewards drivers for safe driving habits by redeeming points for gift cards, local offers, and sweepstakes entries
  • Agents available in all 50 states

Cons

  • Discounts and programs not available in every state
  • Allstate phone representatives not always helpful

Progressive

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Features

Founded in 1937, Progressive is the third-largest car insurance company in the United States and offers the standard coverages mentioned previously in this Costco car insurance review. In addition, Progressive also offers gap coverage, pet protection, custom parts replacement, discounts for drivers under 18, a usage-based plan, and rental reimbursements.

If you are interested in insurance for a commercial car, boat, all-terrain vehicle (ATV), recreational vehicle (RV), snowmobile, travel trailer, Segway, or umbrella insurance, Progressive can sell you these policies directly. Progressive also offers other types of insurance through their third-party network of insurance agents, including homeowners, renters, mobile home, condo, flood, business, life, classic car, mechanical repair, travel, wedding and event, pet, ID theft, and insurance for driving in Mexico.

Price 

While Progressive is not the cheapest option in this Costco car insurance review article, the company has a track record of providing good rates to people other companies either refuse to insure or charge sky-high rates.

Customer Service

Progressive customer service representatives are available 24 hours a day, 7 days a week and the company's Loyalty Rewards Program is popular among customers.

Discounts and Benefits

Progressive offers an impressive range of discounts — particularly for drivers whose risk factor usually increases their car insurance costs (such as teenagers or drivers with sub-par driving records) — which include the safe driver or accident-free discounts, good student discounts, multi-policy discounts, anti-theft discounts, paperless documents discounts, and SmartRide discounts.

If you're a low-mileage driver, you may benefit from Snapshot, a usage-based insurance plan that can be particularly attractive for drivers in urban areas who may not rely on a car as their day-to-day form of transportation.

Availability

Progressive car insurance is available in all 50 states (including D.C.), but some of its supplemental products and services are not.

Pros

  • Mobile app available for iOS and Android
  • Collision coverage will cover vet bills if your pet is injured in an auto accident
  • Superior financial strength
  • "Name Your Price" tool on Progressive's website
  • Auto financing options from Capital One, a Progressive partner
  • Snapshot mobile app
  • Virtual assistance (Google Home or Facebook Messenger)

Cons

  • Discounts not available in all states
  • No brick and mortar stores

Conclusion

For price-conscious shoppers that already have a Costco Executive Membership or people who have recently been in accidents and worried about policy cancellation, Costco's car insurance is one of the best options available and we give it four (out of five) stars. If you already have roadside assistance — whether through a membership like AAA or credit card rewards program — or want to have a personal relationship with an insurance agent, you likely will not be getting the most bang with Costco car insurance. However, if you can eliminate paying for services that a Costco car insurance policy covers, you might save in the long-run.

Esurance Car Insurance Review

esurance car insurance review

Image from Esurance

Insurance is a part of life. If you have a love of the road, car insurance is your friend—whether you're going 35 or 75 miles per hour, it's a necessity. Traditionally, when we wanted auto insurance we had to walk into an office or pick up the phone and call an agent to find the right policy for our needs. That's not the case anymore. Now you can go online and pick what's right for you. Look at our Esurance car insurance review to see if this is the right option for you.

What Is Esurance?


Esurance was founded in 1999 and was one of the first insurance companies to cut out the middleman by selling policies directly to consumers over the internet. It eliminated the need to call or visit an insurance agent. Their tagline is “insurance for the modern world”—highlighting their strictly online presence. Allstate acquired Esurance in 2011 so now Esurance brings with it all the technology of a new company and the foundation of a traditional insurance company.

Special Features


black car parked

image source: Pixabay

Technology

According to the Esurance car insurance review, Esurance has some of the best online tools available from any insurance company. Their mobile apps are compatible with both iOS and Android systems and make doing things like checking coverage, paying bills, viewing digital ID cards and filing and viewing claims easy and convenient.

They have a cutting edge and unique video appraisal option which gives users the ability to conference in an appraiser and show damage via video chat, eliminating the need for an adjuster to see the car in person. This saves consumers a lot of time and scheduling headaches.

DriveSense is an app that tracks driving habits like speeding and hard breaking to offer discounts to good drivers.

Traditional Benefits

You can get the add-ons of traditional insurance companies with Esurance. You can add roadside assistance to cover the costs of being towed if your car breaks down. You can choose rental car coverage so if your car is in the shop, for up to 45 days, Esurance will cover the costs of a comparable car—comparable being the unusual word in the insurance business.

Customized parts and equipment coverage covers any customized parts in case they get damaged or stolen. Loan/lease coverage helps bridge the gap between what your leased or loaned car's total value is and what you actually owe if it's totaled.

Pricing


A big part of our Esurance car insurance review is price. Esurance comes in at the high end of the insurance spectrum. You get what you pay for though and its cool features and ease of use make the price worth it for people who are technologically inclined and not wanting the hassle of paper or people.

They offer a lot of discounts and the site or app will walk you through your eligibility. Some discounts Esurance offers:

  • Fast 5—5% just for getting an online quote
  • Switch and save—get 5% off when you switch from another insurer to Esurance
  • Pac 12 discount—students and alumni of certain universities in certain states can receive special pricing
  • DriveSense—take 10% right off the top just for signing up to use the driving tracking app which can earn you even deeper discounts if you drive safely
  • Multi-car discount—multiple cars on one policy
  • Multi-policy discount—pairing auto and another type of insurance like home or motorcycle
  • Paid in full discount—paying your policy for an entire year up front
  • Anti-lock brakes—insure a car that has anti-lock brakes
  • Anti-theft—insuring a car with an anti-theft device

How It Compares


We picked a few similar products available on the market to see how they compare with the Esurance car insurance review.

  • State Farm
  • Geico
  • Progressive

Esurance Car Insurance Review


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Price

Coverage Options

We love the ability to pick and choose coverage limits that work for each person. The extras like customized parts and equipment coverage and CarMatch rental coverage set Esurance apart from competitors in this Esurance car insurance review—they have coverage for just about anyone.

Discounts - 4 Stars

Discounts are a big part of our Esurance car insurance review. Esurance offers a ton of discounts, some pretty basic but some that really set them apart. Some cooler discounts are only available in certain states and not yet available across the board.

Customer Service - 3 Stars

They design Esurance to be a hands-off insurance company, so you won't get to a person right off the bat. This is a company for the tech-savvy and self-sufficient consumer, not somebody who likes to call an agent to ask a few questions or to make in-person claims. That said, they can still have a tough time resolving issues to the satisfaction of some of its customers.

Claim Filing Process - 5 Stars

If you're willing to go agent free, their video appraisal option makes filing a claim a snap. If you want to go the traditional route, you'll get the same process as most traditional companies—call, file a claim, wait for an adjuster and find out your fate. We like the video process a lot.

Pros

  • Cutting edge technology makes getting and managing insurance a snap
  • DriveSense app gives good driver discounts
  • Great coverage options

Cons

  • May be too pricey for fixed income
  • New drivers or those with questionable driving records will pay a premium price
  • Those who want a personal touch will not like the technology-based insurance

State Farm


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State Farm is the country's largest auto insurer and has been for over 75 years. They have built its reputation on solid coverage options and excellent customer service. Available in all 50 states, this is the go-to company for consumers placing a high value on customer service.

Price

Coverage Options - 3 Stars

While customer service is outstanding, the range of coverage options is not as varied as other companies. If you want a straightforward, no-frills policy, you'll get it here. If you want things like gap coverage or leased or loaned car coverage, you won't get it at State Farm. There's not a lot of room to customize coverage like you can with other insurers.

Discounts - 4 Stars

You'll get typical discounts like multi-car and policy discounts. State Farm has a Drive Safe and Save program for good drivers—it's a device that tracks how you drive and rewards you for good habits. They have discounts for young drivers which are very rare in the industry but great for this already high paying group. Customers can even take a defensive driving course and receive a discount.

Customer Service - 5 Stars

Service is what this company was built on and what continues to drive its success. You'll have no trouble speaking with someone and getting your questions answered. Filing a claim is easy and State Farm has few lodged complaints in an industry of unhappy customers.

Claim Filing Process - 4 Stars

You'll find the same filing process as you will at other traditional insurance companies but without the run-around. Their service standards don't drop during the claim filing process but if you're looking for super simple, streamlined tech options, you'll be limited.

Pros

  • Unrivaled customer service
  • Solid, no guesswork policies
  • Multiple discounts including some for younger drivers

Cons

  • A higher premium price may be prohibitive to tighter budgets
  • Not a tremendous amount of innovative technology

Geico


geico

We all know Geico's slogan, “15 minutes could save you 15% or more on car insurance” and it's true. Geico is built on a foundation of offering a lower price for car insurance. They can achieve this through a multitude of discounts. We like the ease of use for its customers giving them the ability to use its mobile application with live chat to get answers on the go.

You can get an accurate quote from Geico in less than five minutes online by answering just a few questions.

Price

Coverage Options - 5 Stars

You can find a strong array of policies and a la carte options through Geico. You can also pick a few options we haven't seen other places like mechanical breakdown coverage which covers repairs not related to an accident. They also sell insurance for Uber and Lyft drivers which we don't see with most national providers.

Discounts - 5 Stars

This is where Geico shines. You can get a discount for vehicle attributes like anti-lock brakes, anti-theft systems, daytime running lights, and airbags. They offer military, student, federal employee and friends, and family discounts and will give you a discount for wearing your seat belt, taking a defensive driving and driver's education course.

Customer Service - 2 Stars

Geico gets median scores at best for their customer service. You may encounter long wait times or inexperienced representatives on the other side of your call.

Claim Filing Process - 5 Stars

Geico makes it easy to file a claim. You can file online, over the phone or on its mobile app. It takes about five minutes and you can track its progress online as it moves through the process.

Pros

  • Online and mobile apps make it easy to manage your account and claims
  • Multiple discounts make policies affordable
  • Policies are available for Uber and Lyft drivers

Cons

  • Customer service may be an issue for some
  • Not for customers who want an in-person experience

Progressive


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Progressive started as a low-cost option for car insurance and has become competitive as an all-around option. They're a great option for younger drivers or those with less than perfect driving records because of all the discounts available to them. Their famous Name Your Price Tool allows you to name your budget and see what coverage options are available to you.

Price

Coverage Options - 4 Stars

You'll find all the typical coverage options of other insurance companies plus a few you won't, like custom part coverage. They're one of the few that offers ride-sharing coverage for Uber and Lyft drivers. You can add pet insurance so if your pet is injured in an accident, they'll cover the vet bills associated with the accident.

Discounts - 4 Stars

Progressive offers a lot of discounts to its drivers. Safe driver, good student, multi-policy and anti-theft discounts resemble those of other companies. They make simple discounts like going paperless easy for everyone to get. They offer discounts to drivers under 18 which is pretty unheard of in the industry.

Customer Service - 2 Stars

If you need service beyond online or the mobile app, you could run into issues. If the knowledge of working with a financially secure insurance company is important to you, this may not be the right fit. Progressive gets lower financial solvency ratings than its competitors.

Claim Filing Process - 4 Stars

The ability to file and track a claim online makes the process seamless and easy. If you want a personal touch leading you through each step, you may run into issues.

Pros

  • Some of the lowest prices in the market
  • Unusual coverage options available
  • Name Your Price Tool allows you to stay on budget

Cons

  • Service is a tradeoff for lower prices
  • Customers wanting a wider variety of coverage plans may be disappointed

Conclusion

We've taken a lot into consideration for our Esurance car insurance review. Overall, we give Esurance four out of five stars. We really enjoy the hands-off approach to car insurance and the video appraisal option. We think video conferencing with an adjuster takes out a few annoying steps in filing a claim like eliminating the need for an in-person adjuster to look at your car. That saves everyone a lot of time.

The coverage they offer is top notch. We like being able to mix and match coverage types and features important to us, like comprehensive, CarMatch rental coverage and roadside assistance. Knowing exactly what our coverage is by just opening an application, makes this an easy insurance policy to understand and navigate.

As part of our Esurance car insurance review, we discovered they're not the lowest price option, even for comparable coverage. What you pay for it the modern technology and convenience of use compared to other insurance companies. Time is money and, for most of us, time is the one thing we don't have enough of. Esurance saves you a lot of time in the car insurance space and that can be priceless.

What’s the Cheapest Car Insurance in GA? Top 10 Revealed

Hands and a car as a representation of car insurance

Georgia is a beautiful state. Georgia is a bountiful state: no wonder it is called The Peach State. One thing that is not very peachy is the bountiful rates you are paying for auto insurance. If you are asking yourself, “what's the cheapest car insurance in GA/” read on; we have reviewed and revealed the 2019 top 10 options for cheapest car insurance in GA.

Why So High?

Although there are sources on the Internet that say some aspects of car ownership in Georgia has become cheaper, we don't know what those aspects are. While national auto insurance prices jumped 22% since 2011, Georgia rates increased by 54%. Unfortunately, our paychecks—income growth—have not kept up with price inflation, so nearly 4,000,000 of us are paying through the nose just to have an automobile.

The Importance of Financial Strength

We Already Paid

Who Says?

The Premium Pot

What Will Happen If I Don't Have Car Insurance?

If you are considering getting behind the wheel of a motor vehicle without car insurance, then we are glad you are here searching for the cheapest car insurance in GA. If you are convicted of driving without insurance, the penalty includes a fine between $200 and $1000 and up to 12 months in jail. You won't be able to sneak your way out of payments either; insurance companies report lapses and failure to pay premiums to the state of Georgia. This will lead to a suspension of your driver's license. Driving with a suspended license in Georgia will get you more fines, more jail time and a longer suspension of your driver's license.

Don't Cut Yourself

Mind the Gap

How We Reviewed

Car Accident

Image by Valter Cirillo from Pixabay

The following policy providers were reviewed based on these parameters: Average Annual Premium, Claim Satisfaction; Market Share percentage and cumulative percentage rate increase between 2017-2018; Good Credit Rating, Poor Credit Rating; Driving Record— Clean Record, One Speeding Ticket, One Traffic Accident, One DUI And Get a Quote.

We, like you, are looking for the cheapest car insurance in GA. We live in GA, and we also feel the lightness of our wallets after every premium payment and we feel the heaviness of the boot on our throat because we are reasonably certain that auto insurance premiums are going to stay at rates greater than 2% of our annual income. Since it is most likely that our insurance rates are going to never go down, our search for the cheapest car insurance in GA entailed Internet searches using impartial parameters such as financial strength—the ability to pay financial obligations—and customer claim satisfaction. We also included an insurance industry ranking and rating score (base = 100). After searching through impartial data, we checked out each individual company's website and gave a few agents a call.

Overall Price Range

Determining the cheapest car insurance in GA is a difficult endeavor; not only are there so many variables, but each policy is individualized according to each person's needs. As well, although it is a good marketing practice to require personal information online from those who are looking for quotes, it would perhaps be a better marketing technique if each company website offered averages upfront to pique the interest and curiosity, driving the potential customer to contact an agent. Nevertheless, wewere able to make a decent review.

What We Reviewed

  • USAA
  • Progressive
  • Nationwide
  • Geico
  • State Farm
  • Allstate
  • The Hartford
  • Liberty Mutual
  • Georgia Farm Bureau
  • Encompass
USAA

Image Source: communities.usaa.com

USAA got its start in 1922 and is limited to members of the military. They claim that their members save an average of $707 when they switch from other companies. They also offer a 10% discount when you bundle auto with property insurance.

  • Average Annual Premium $
  • Claims Satisfaction 5
  • Financial Strength Superior
  • Insure rank/rating 2 / 92.08
  • Market share % / Cumulative Increase % 8/$$$$
  • Good Credit $
  • Poor Credit $$

Driving Record

The driving record rates a clean record, one speeding ticket, one traffic accident and one DUI (Driving under the influence of an intoxicating substance):

  • Clean Record $
  • 1 Speeding Ticket $$
  • 1 Driving Accident $$
  • 1 DUI $$$
progressive logo in a car

The Progressive Corporation was created in the 60s from a company that began in 1937. They offer drive-in claims service and allow premiums to be paid in installments.

  • Average Annual Premium $
  • Claims Satisfaction 3
  • Financial Strength Superior
  • Insurance rank/rating 9 / 85.66
  • Market share % / Cumulative Increase % 15/ $$
  • Good Credit $$
  • Poor Credit $$$

Driving Record

The driving record rates a clean record, one speeding ticket, one traffic accident and one DUI (Driving under the influence of an intoxicating substance):

  • Clean Record $$
  • 1 Speeding Ticket $$
  • 1 Driving Accident $$$
  • 1 DUI $$
nationwide

Image Source: creativeedgemag.com

Nationwide auto insurance has been in business for 85 years and boasts more than $188 billion in statutory assets. This is a Fortune 100 company.

  • Average Annual Premium $
  • Claims Satisfaction 4
  • Financial Strength Superior
  • Insurance rank / rating 12/ 83.8
  • Market share % / Cumulative Increase % 3/ $$$$
  • Good Credit $$$