A comparison of Allstate, Geico, Progressive and State Farm reveals the strengths of each company. When buying car insurance, you'll want to weigh price, customer service and other factors important to you. Here's a look at how the four largest auto insurers compare in a variety of categories.
Best for price: State Farm
Comparing car insurance quotes is one of the best ways to save money. State Farm customers pay the cheapest average rates, based on premiums reported by EverQuote users with good driving records.
|Company||Average annual premium paid|
|Source: Premiums reported by EverQuote users, based on policies with bodily injury liability coverage of 100/300. Rates are based on single vehicles with one driver who has a good driving record and no violations. Premiums for sedans, coupes and hatchbacks were averaged. Premiums are based on expenditures reported between Jan. 1, 2016, and April 1, 2018. Your own rates will be different.|
Most people choose an auto insurance company based mainly on price, according to a recent EverQuote survey of auto insurance agents. If that's your goal, remember that prices will vary among companies based on your driving record, location and other personal factors. Smaller and regional insurers can also offer competitive rates.
Best for customer satisfaction ratings: Geico
In a survey of current customers of the four insurers, EverQuote found similar overall satisfaction ratings. Geico edged out the others on price satisfaction.
Click to see reviews
|Overall satisfaction||Price satisfaction||Customer service satisfaction|
|State Farm reviews|
|Source: EverQuote, based on a March 2018 survey of 2,252 current auto insurance customers of the companies.|
More ratings: Best car insurance companies
Best for low complaints: State Farm
State Farm had the fewest complaints from its auto insurance customers relative to its size, according to data from the National Association of Insurance Commissioners. The complaint ratios below represent the number of complaints in relation to an insurer's size of business.
All four insurers have complaint ratios that are better than the industry median of 1.00.
Allstate vs. Geico vs. Progressive vs. State Farm: Who has the coverage you want?
|Usage-based insurance||Yes, Drivewise||No||Yes, Snapshot||Yes, Drive Safe & Save|
|Rideshare insurance||Yes, Ride for Hire||Yes||Yes, but limited availability||Yes, Rideshare Driver Coverage|
|Accident forgiveness car insurance||Yes||Yes||Yes||No|
|New car replacement||Yes||No||No||No|
|Availability can vary by state|
Comparing car insurance discounts
Getting car insurance discounts is an important way to lower your cost. Be sure to compare final prices among insurers rather than simply looking at lists of discounts. Actual discount amounts often vary by state. Also, discount percentages might apply to only certain parts of your auto insurance policy, not the whole price.
Common car insurance discounts include price breaks for:
- Having anti-lock brakes, airbags or an antitheft device
- Being a good driver for a certain number of years
- Insuring more than one car (called a multi-vehicle discount)
- Buying homeowners or renters from the same company (called a bundling discount)
Allstate vs. Geico vs. Progressive vs. State Farm discounts
|Bundling discount (for buying both auto and home insurance, or other policies together)||10% off auto and 25% off home premiums.
Auto with renters, condo or and life insurance bundling discount also available.
|For buying auto insurance plus a homeowners, renters, condo or mobile home policy||Up to 17% if you buy homeowners, renters, condo or life insurance along with auto insurance.||5% or more when you bundle auto insurance with homeowners, motorcycle or other policies.|
|Good driver or accident-free discount||Yes||Yes||Yes||Yes|
|Good student discount||Yes||Up to 15%||Up to 25%||Yes|
|Availability and discount levels vary by state|
Geico offers the broadest array of discounts when comparing Allstate, Geico, Progressive and State Farm. Geico has a large number of discounts for members of specific groups such as golf associations, alumni associations, fraternities and sororities and many other groups.
Other available car insurance discounts
Biggest: State Farm
State Farm holds the largest market share for private passenger auto insurance. Together, Allstate, Geico, Progressive and State Farm hold just over 50% of the total market.
|Source: S&P Global Market Intelligence, based on direct premiums written in 2017 for private passenger auto insurance|
How to choose the best company for you
There are many car insurance companies competing for your business no matter where you live.
If your main deciding factor is price, get price quotes from multiple companies. Don't rely on friends and family to recommend a good deal. That's because the best company for you will vary based on your location, driving record, credit (in most states) and other factors.
Also, if your driving record has changed over the years, the company that offered a good deal previously may no longer be cheap for you.