The Best Insurance Companies: Auto, Home, Renters and Motorcycle Insurance
When you have an insurance need, where should you go? Knowing what products the biggest and best insurance companies offer can be confusing. MoneyGeek simplified the process to help you find the best coverage for all of your insurance needs.
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If you own or rent a home, you likely need home or renters insurance. The same is true if you own a motorcycle or car.
Knowing where to find a policy and how much coverage you need isn’t always easy. Each state regulates insurance products differently, and cost and quality can vary widely even within each state.
MoneyGeek’s unique scoring system can help you find the best insurance companies in your state based on affordability, customer service and financial stability. Navigate to the section about the insurance product you’re interested in to learn more about the best options for you.
The Best Insurance Companies for Multiple Products
Getting all your property insurance coverage from the same company makes it easier to keep track of policies and payments. To help you find the top insurance providers for all your insurance needs, MoneyGeek reviewed the largest nationwide providers based on auto insurance market share.
1. State Farm
pros
Tied with Progressive as MoneyGeek’s third-best pick for car insurance
Offers a wide range of insurance products
cons
Ranked sixth out of eight in J.D. Power customer satisfaction for home insurance
Higher-than-average insurance rates
COMPANY HIGHLIGHTS
State Farm is the biggest insurance company by market share that provides home and auto insurance nationally. It has the highest possible financial stability score to pay claims and offers several insurance products, plus banking and investments. If you’re looking for one company for all your individual and small business insurance needs, State Farm could be the right provider for you. However, according to J.D. Power’s auto and home studies, State Farm only ranks average for customer service. Its rates are also higher-than-average compared to other companies.
Read MoneyGeek's State Farm Home Insurance Review
Read MoneyGeek's State Farm Auto Insurance Review2. GEICO
pros
Tied with USAA as MoneyGeek’s second-top pick for car insurance
Many available discounts
cons
RV, home, condo, landlord, renters, umbrella, pet and life insurance products are only offered through third-party partnerships
COMPANY HIGHLIGHTS
GEICO offers affordable insurance rates and is one of the most widely recognized insurance companies in the United States. Customers can customize their car insurance with unique coverages like gap insurance and mechanical breakdown coverage. Mobile users may appreciate GEICO’s app, which has claims processing and tracking, vehicle car reminders and virtual assistance. Most of GEICO’s product offerings are through partnered companies, so it may not be the best fit for someone who wants to work with one company for all their insurance needs.
MoneyGeek's GEICO Home Insurance Review
Read MoneyGeek's GEICO Auto Insurance Review3. Progressive
pros
Tied with State Farm for MoneyGeek’s third-best car insurance pick
Online quote tools allow users to choose coverages based on budget
cons
Partners with other companies for several insurance offerings
Average or lower J.D. Power customer satisfaction scores for auto insurance
COMPANY HIGHLIGHTS
Those who prefer to handle insurance matters online may appreciate Progressive’s extensive online tool options, which allow you to do anything from getting price quotes to filing claims and paying bills. Progressive’s “Name Your Price” tool lets you set a budget and get coverage recommendations that meet it. Progressive offers auto, boat, RV and home insurance in-house, but other products are through partners, meaning all online tools aren’t available for every insurance product. This insurer may also not have the cheapest rates for those on a budget and has average or lower customer satisfaction scores than many competitors.
Read MoneyGeek's Progressive Home Insurance Review
Read MoneyGeek's Progressive Auto Insurance Review4. Allstate
pros
Tied with Nationwide as MoneyGeek’s fourth-best choice for car insurance
Received the fourth-highest J.D. Power customer satisfaction score for home insurance
Large number of product offerings
cons
Limited car insurance discounts
Doesn’t offer pet insurance
COMPANY HIGHLIGHTS
Allstate ranks high in MoneyGeek’s top choices for car insurance but receives average rankings for home insurance with J.D. Power. The provider has extensive product offerings — all in-house — though Allstate does not offer pet insurance. Those who need rideshare coverage or install custom audio and video equipment in their car can get special coverage through Allstate. Homeowners who homeshare can also protect their belongings with unique coverage on their home insurance policy. However, Allstate has a fairly modest selection of discounts compared to competitors, which could affect those on a budget.
Read MoneyGeek’s Allstate Home Insurance Review
Read MoneyGeek's Allstate Auto Insurance Review5. USAA
pros
Tied with GEICO and MoneyGeek’s second-best pick car insurance
Ranked #1 in J.D. Power customer satisfaction for home Insurance
cons
Only past and present military members and immediate family are eligible
Motorcycle, boat, RV and pet insurance are offered through partners
COMPANY HIGHLIGHTS
USAA is one of MoneyGeek's highest-scoring insurance picks. The company also received J.D. Power’s highest score for customer satisfaction. In addition to competitive rates, USAA offers unique discounts, like military installation and vehicle storage if you’re deployed. If you qualify, USAA has a broad range of insurance products, plus banking and investment services.
Read MoneyGeek's USAA Auto Insurance Review6. Liberty Mutual
pros
Aside from life insurance, all insurance products are offered in-house
Extensive discounts available to make rates more affordable
cons
Lower MoneyGeek rankings than many competitors
Ranked seventh out of eight companies assessed by J.D. Power for home insurance customer satisfaction
COMPANY HIGHLIGHTS
Liberty Mutual is ranked below average by both MoneyGeek and J.D. Power but has excellent financial stability scores to pay claims. Liberty Mutual's product offerings aside from life insurance are all in-house, including pet insurance for pet owners and supplemental health policies, like accident and critical illness insurance. Discounts are stackable, allowing customers to potentially save big by bundling several products together. Liberty Mutual also offers an online car insurance calculator to help you find the best coverage for your budget.
Read MoneyGeek's Liberty Mutual Home Insurance Review
Read MoneyGeek's Liberty Mutual Auto Insurance Review7. Farmers Insurance
pros
Received the second-higher J.D. Power customer satisfaction score for home insurance
Broad offering of insurance products
cons
MoneyGeek ranked them seventh out of 10 companies for car insurance
Higher-than-average premiums
COMPANY HIGHLIGHTS
Farmers ranked high in J.D. Power’s home insurance customer satisfaction study but low in MoneyGeek’s car insurance ranking. The company doesn’t offer many discounts, but it does have a long list of products you can bundle together. Unlike many other providers, Farmers has special coverages like vacation and vacant home policies, business insurance, and special group-rated car and home policies through select employers. Though rates can be higher than competitors, Farmers' long list of discounts can make coverage affordable for some. Offered nationwide, Farmers’ specialty coverages and policy offerings may be a good fit for those with unique insurance needs.
Read MoneyGeek's Farmers Auto Insurance Review
Read MoneyGeek's Farmers Home Insurance Review
8. Nationwide
pros
Tied with Allstate for MoneyGeek’s fourth-best car insurance pick
Ranked third out of the eight companies for J.D. Power home insurance customer satisfaction
Large number of available products
cons
Rates are not competitive for most
Specialty products offered through partnerships
COMPANY HIGHLIGHTS
Nationwide is ranked above average by both MoneyGeek and J.D. Power. The national insurer offers the full range of insurance products, including specialty insurance for travel, wedding, groups and events through third parties. Low-mileage drivers may be able to save with SmartMiles by paying only for the miles they drive each month. All home policy types can include optional Brand New Belongings coverage to repair or replace items like new instead of coverage for their depreciated value. Nationwide’s rates aren’t the most competitive, but if you prefer to work with one insurer for all your insurance needs, they may be a good fit for you.
Read MoneyGeek’s Nationwide Home Insurance Review
Read MoneyGeek's Nationwide Auto Insurance Review9. Travelers
pros
Ranked number one by MoneyGeek for car insurance
Extensive selection of personal and business insurance products
cons
Ranked last by J.D. Power for home insurance customer satisfaction
Pet and travel insurance provided through third-party partners
COMPANY HIGHLIGHTS
MoneyGeek ranks Travelers as its best provider for auto insurance, but it scores last for home insurance customer satisfaction with J.D. Power. Though rates aren’t as competitive as other companies, Travelers policies include some unique coverages, like new car replacement, gap insurance and accident forgiveness on auto insurance. Homeowners and renters with valuable items like jewelry and fine art can add an endorsement to their policy that insures the full value of these items instead of the limits offered in a standard home insurance policy.
Read MoneyGeek's Travelers Home Insurance Review
Read MoneyGeek's Travelers Auto Insurance Review10. American Family
pros
Wide range of product and discount offerings
Mobile and online features, including cost calculators
cons
Ranked seventh out of ten by MoneyGeek for car insurance
Ranked fifth out of eight companies for home insurance customer satisfaction by J.D. Power
Not available in all states
COMPANY HIGHLIGHTS
American Family is offered in just 19 states, so it may not be the best fit for everyone. It ranked below average with both MoneyGeek and J.D. Power but has excellent financial strength to pay out claims. The insurer offers a long list of products, including farm and ranch, travel, health, life and manufactured homes insurance. American Family’s bundle discount also allows customers to save as much as 28% on their home and auto insurance, which could make rates more affordable than other insurers for the right customer.
Read MoneyGeek's American Family Auto Insurance ReviewThe Best Car Insurance Companies
Car insurance can help financially protect you in the event of an accident. Depending on your level of coverage, it may help pay the cost of repairs, as well as medical expenses for any injuries sustained.
MoneyGeek evaluated popular providers and ranked the best insurance companies for car insurance based on claims ratings, customer satisfaction, price and financial stability. Whether you’re looking for a regional insurer or a nationally available provider, check out MoneyGeek’s recommendations in your state.
Best Car Insurance by State
Click on your state below to find the best car insurance companies in your area. You can also find the best insurance companies based on your specific needs and for different driver types.
Overall, GEICO is most commonly ranked as the best car insurance company, topping the list in 24 states. State Farm is the best in 10 states, and Erie is the best in six.
The Best Car Insurance by State
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- StateCompanyMoneyGeek Score
- GEICO3.8
- GEICO4.2
- GEICO4.3
- GEICO4.4
- AAA4.2
- GEICO4.2
- GEICO4.5
- GEICO4.6
Best Car Insurance Nationally
If you want a provider that’s one of the biggest insurance companies nationally, MoneyGeek’s list of the 10 best car insurance companies can help you explore some of the best options. Based on MoneyGeek’s scoring system, Travelers and GEICO are the leading insurance companies that offer coverage across most of the country.
The Best Way to Estimate Your Car Insurance Costs
With most insurance companies, you have to submit extensive personal information to get a quote estimate. MoneyGeek’s car insurance estimate calculator generates quotes quickly and easily. Check it out to find the best insurance companies in your state.
The Best Homeowners Insurance Companies
Like car insurance, home insurance is an agreement between you and your chosen insurance company. The company agrees to pay covered claims up to limits set in your policy as long as you make timely premium payments.
MoneyGeek uses the same scoring system as auto insurance to find the top insurance companies for home insurance. From the smallest to the biggest insurance companies, MoneyGeek has recommendations for the best home insurance providers locally and nationally.
Best Homeowners Insurance by State
MoneyGeek ranked Travelers as the best homeowners insurance company in 17 states. Allstate was our top choice in eight, while Farmers was best in seven. Click on your state below to find the best homeowners insurance company in your state.
The Best Home Insurance by State
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- StateBest Company
- Farmers
- COUNTRY Financial
- Nationwide
- Travelers
- Allstate
- Auto-Owners Insurance Co
- Farmers
- Nationwide
Best Homeowners Insurance Nationally
If you’re looking for a nationally recognized homeowners insurance company, MoneyGeek’s recommended list of the 10 best insurance companies may help you find the perfect fit. For home insurance, Allstate and Nationwide are the top insurance companies offering coverage to most of the U.S.
The Best Way to Estimate Your Homeowners Insurance Costs
Estimating your homeowners insurance costs can be time-consuming, especially when entering the same information with multiple companies to compare quotes.
MoneyGeek created a home insurance estimator to make it easier to find the best insurance companies in your state. You only need to input your desired coverage level and credit score range to get a quote.
The Best Bundled Car and Home Insurance
Consumers can bundle insurance products by buying home, auto or other coverage with the same provider. While results vary, bundling home and auto usually offers the largest discount, making it one of the best ways to save on insurance. MoneyGeek found State Farm has the cheapest and best home and auto bundle of the top, widely available insurance companies.
Bundling is often advantageous because:
- You only have to work with one insurance company.
- It can lead to more savings than insuring each policy individually.
- The more policies you have with the same insurer, the less likely they are to drop you if you file several claims.
The Best Renters Insurance Companies
If you buy renters insurance, the insurance company agrees to take financial responsibility for covered claims up to the policy limits. Cost, financial stability and tenant satisfaction are the three main factors MoneyGeek uses to determine the best renters insurance companies. We break down the best options locally and nationally so you can find coverage that meets your needs.
Best Renters Insurance by State
Across 22 states, MoneyGeek identified State Farm as the best renters insurance company. We recognized Allstate as the best option in 11 states.
However, keep in mind that there are many states where State Farm and Allstate aren’t our top picks. To find the best insurance companies where you live, click on your state below.
The Best Renters Insurance by State
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- StateCompany
- USAA
- Allstate
- USAA
- USAA
- State Farm
- Allstate
- Lemonade
- State Farm
Best Renters Insurance Nationally
If you’re looking for the most widely available insurance companies in the nation, MoneyGeek’s list of the top six renters insurance companies can help you find the best fit for your needs. State Farm and Allstate ranked highest for nationally available renters insurance providers.
The Best Motorcycle Insurance Companies
Motorcycle insurance pays for covered claims you file up to a maximum limit defined in your policy. Without motorcycle insurance, you are personally and financially responsible for any accident you cause.
MoneyGeek found the best motorcycle insurance companies based on costs, customer satisfaction and financial stability. Take a look at MoneyGeek’s recommendations for the best motorcycle insurance companies in your state and nationwide.
Best Motorcycle Insurance by State
According to MoneyGeek's analyzed data, Progressive is the best motorcycle insurance company in 36 states. Dairyland is the best in six states, and Harley Davidson comes out on top in five.
By clicking on your state below, you can find the top insurance companies in your area, including different coverage options to fit your needs as a motorcycle owner.
The Best Motorcycle Insurance by State
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- StateBest Company
- Progressive
- Progressive
- Progressive
- Progressive
- Progressive
- Dairyland
- Dairyland
- Harley Davidson
Best Motorcycle Insurance Nationally
Finding national motorcycle insurance companies can be more challenging than more common products, like home and auto. Consider MoneyGeek’s top five best insurance companies for more information on some of the best, nationally available options. Progressive and Dairyland are MoneyGeek’s top-two picks for motorcycle insurance.
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