In this article, we are going to look at the 5 best auto insurance companies heading into 2024. If you want to read more about the best auto insurance companies and check out our detailed analysis of the auto insurance market, you can go to 15 Best Auto Insurance Companies Heading into 2024.
5. GEICO
Number Of Mentions: 3
Average Ranking: 4.66
GEICO is a private American auto insurance company that ranks among the top 5 on our list of best auto insurance companies heading into 2024. GEICO is a wholly owned subsidiary of Berkshire Hathaway Inc. (NYSE:BRK-B). As one of the largest auto insurers in the US, GEICO offers affordable standard coverage as well as optional emergency road service, rental reimbursement, and Mechanical Breakdown Insurance (MBI).
4. USAA
Number Of Mentions: 3
Average Ranking: 3.33
USAA (United Services Automobile Association) is an American financial services and insurance company that offers affordable and competitive rates when it comes to auto insurance. USAA provides standard coverage as well as rideshare coverage, roadside assistance, and rental car insurance. As one of the best auto insurance companies, USAA also offers discounts for setting up automatic payments, multiple cars, and when you bundle auto and property policies.
3. The Progressive Corporation (NYSE:PGR)
Number Of Mentions: 4
Average Ranking: 6.75
The Progressive Corporation (NYSE:PGR) ranks third on our list of best auto insurance companies heading into 2024. As one of the largest insurers in the US, it offers over 1.3 million policies. The Progressive Corporation (NYSE:PGR) provides standard and full auto insurance coverage which includes liability coverage, comprehensive and collision coverage, accident forgiveness, gap insurance, and roadside assistance.
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2. State Farm Insurance
Number Of Mentions: 4
Average Ranking: 6.5
State Farm Insurance is a major property, casualty, and auto insurance provider in the US, and it ranks second on our list of the best auto insurance companies heading into 2024. State Farm offers a number of standard coverage options as well as optional emergency roadside service, rideshare, rental car, sports car and classic car coverage.
1. Nationwide Mutual Insurance Company
Number Of Mentions: 4
Average Ranking: 6.25
Nationwide Mutual Insurance Company, one of the largest insurance and financial services companies in the world, tops our list of the 15 best auto insurance companies heading into 2024. Commonly shortened to Nationwide, the insurance company offers extensive auto coverage options including collision, comprehensive, liability, medical payments, roadside assistance, and gap coverage. Nationwide also provides discounts on car insurance through bundling home and auto policies, usage-based insurance, and a safe driving record.
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