As a car owner, choosing the right car insurance company can be a daunting task. With so many options available, it’s easy to get overwhelmed and not know where to start. Fortunately, Forbes Advisor has done the hard work for you, evaluating auto insurers to find the best car insurance companies for 2023.
One of the key factors in choosing a car insurance company is the average rates for a variety of drivers. Forbes Advisor evaluated several companies, and the winner for the best overall car insurance rates is Geico. Geico offers competitive rates for drivers of all ages and backgrounds, making it a top choice for those looking for affordability and quality coverage.
However, price isn’t the only factor to consider when choosing a car insurance company. Coverage features, levels of complaints, and their collision claims process are also crucial factors. For example, American Family was named the best car insurance company for a low level of complaints, while Auto-Owners was named the best cost for drivers who have caused an accident.
If you’re a military member or veteran, USAA is the clear winner, offering some of the best rates and customer service in the industry. Meanwhile, Nationwide is a great choice for those who want usage-based or mileage-based insurance.
For those looking for discounts, Westfield offers some of the best family discounts, while State Farm is the best choice for renewal discounts. Travelers is the top choice for gap insurance, and Erie has the best grade from collision repair professionals.
Finally, if you’ve been charged with a DUI, you may be worried about the cost of car insurance. The good news is that Progressive offers some of the best prices for drivers with a DUI, making it a top choice for those in this situation.
Choosing the right car insurance company is a significant decision that can have a significant impact on your financial well-being. By evaluating auto insurers based on a variety of factors, including rates, coverage features, levels of complaints, and their collision claims process, Forbes Advisor has identified the best car insurance companies for 2023. So whether you’re looking for affordable rates, excellent customer service, or a range of discounts, there’s a car insurance company out there that’s right for you.