Not everyone enjoys looking for best rated auto insurance provider that meets their needs. We’ve thankfully made the task a little bit simpler.
Listed below are carism.info selections for best rated auto insurance providers in 2023:
- Best overall, NJM
- Best major insurer: American Family
- Best rewards for devoted clients across the country
- Best for forgiving accidents is progressive
- Best for having little consumer complaints is country financial
- Auto-Owners: The Strongest Financially
- Amica: The best for deals
- Best for customer satisfaction is State Farm
- The Auto Club Group is the best for member benefits.
How we found the best auto insurance
The top best rated auto insurance carriers were chosen after taking into account pricing, discounts, complaint data from the National Association of Insurance Commissioners, and other factors. Our “ease of use” category takes into account things like how transparent the website is and how simple it is to submit a claim. This list of the top best rated auto insurance firms is likely to vary as we continue to assess additional insurance providers and acquire new market information.
Summary of the best car insurance companies
Best overall: NJM
Out of all the firms we ranked, New Jersey Manufacturers Insurance (NJM) stands at the top of our list as the insurer with the best score in 2023. NJM offers all the basic auto coverage choices as well as optional extras like new car replacement coverage and pet coverage, which covers veterinary expenses in the event that your pet sustains injuries in a covered auto accident. In the event that your automobile is stolen or wrecked, you can also purchase gap insurance to assist with loan repayment.
Best large insurance company: American Family
Large insurance firms are ranked first by American Family. In some areas, the corporation provides discounts to drivers for a variety of reasons, including as loyalty, successful completion of a defensive driving course, and students away at school. Additionally, American Family offers driving-monitoring apps that let safe drivers receive savings.
Best for loyal customers: Nationwide
Nationwide may be a fantastic choice if you’re looking for best rated auto insurance provider that rewards repeat business. Nationwide provides a variety of auto insurance alternatives, discounts, and extras for devoted clients. The firm offers minor accident forgiveness in its loyalty rewards program, so if you get into a collision and submit a claim that is below Nationwide’s accident threshold, your rates won’t increase. There is no cap on how many accidents can occur.
Best for accident forgiveness: Progressive
To prevent premium increases following a collision, Progressive offers two choices for free accident forgiveness. In most states, your insurance policy automatically includes small accident forgiveness, which covers accidents with $500 or less in repair costs. Customers are eligible for significant accident forgiveness that covers more serious incidents if they have been with the company for at least five years without any accidents or moving offenses.
Best for having few customer complaints: Country Financial
Although Country Financial was once a farm and crop insurer, it currently provides a variety of products, including business, yacht, and best rated auto insurance. It received far less auto insurance customer complaints than companies of comparable size, and it received the fewest complaints of all the insurers in our 2023 best of collection.
Best for financial strength: Auto-Owners
One of the most crucial aspects to take into account when selecting an insurer is a company’s financial stability because it shows how likely it is to fulfill a claim. NerdWallet relied on AM Best’s financial strength rating for this classification, which assesses an insurer’s capacity to fulfill its contractual and policy obligations. The highest possible rating for financial strength was given to Auto-Owners by AM Best, an A++.
Best for discounts: Amica
Amica might be worth a look if you’re wanting to save money on your best rated auto insurance. The company provides greater discounts than the majority of other insurers, including reductions for home ownership, multi-vehicle insurance, completion of a defensive driving course, and the setting up of automatic payments. Just remember that the business offering the most discounts won’t always be the cheapest. See NerdWallet’s research of the cheapest auto insurance for more information on this.
Best for customer satisfaction: State Farm
According to J.D. Power’s 2022 U.S. Insurance Shopping Study0, State Farm, the largest personal best rated auto insurance provider in the nation, placed first out of eight sizable insurers. In the same year, it had the highest overall satisfaction rating in the Southwest and was ranked No. 7 out of 21 businesses in J.D. Power’s U.S. Auto Claims Satisfaction Study.
Best for membership perks: AAA
The Auto Club Group is a fantastic choice for many drivers because it offers a wide range of discounts and receives fewer complaints regarding best rated auto insurance than other firms of its size. Although membership in AAA is not required to purchase a policy, you will save more money on your auto insurance if you do. Additionally, AAA members have access to benefits like hotel and dining savings.