Cheapest Insurance for Full Coverage – Finding affordable auto insurance that provides full coverage can be a daunting task. Full coverage auto insurance typically includes liability, collision, and comprehensive coverage, offering protection in a variety of situations. While many drivers prioritize cost, it’s essential to balance affordability with quality service and reliable coverage. This article will guide you through some of the cheapest insurance options for full coverage in the United States, highlighting at least 10 companies, their history, plans, rates, pros and cons, customer reviews, contact information, and the claims process.
Introduction to Full Coverage Auto Insurance
Full coverage auto insurance provides a higher level of protection compared to minimum liability insurance. It typically includes:
- Liability Coverage: Covers costs related to injuries or damages to other people and their property in an accident you’re responsible for.
- Collision Coverage: Pays for damages to your car resulting from a collision, regardless of who is at fault.
- Comprehensive Coverage: Covers non-collision-related incidents such as theft, vandalism, natural disasters, and hitting an animal.
The goal of full coverage insurance is to minimize out-of-pocket expenses after an accident or other incidents, offering peace of mind and financial protection. Now, let’s explore some of the top companies providing affordable full coverage.
Top 10 Companies Offering Affordable Full Coverage
1. GEICO
Website: GEICO Official Website
Phone Number: 1-800-841-3000
Email: [email protected]
Company History:
GEICO, the Government Employees Insurance Company, was founded in 1936 by Leo and Lillian Goodwin. Initially targeting government employees and military personnel, GEICO has grown to become one of the largest and most recognized auto insurance companies in the United States.
Plans and Rates:
GEICO is known for its competitive rates. Full coverage policies can vary but generally start around $1,200 annually for a 30-year-old driver with a clean record.
Pros and Cons:
- Pros: Competitive pricing, extensive discount options, highly rated mobile app.
- Cons: Limited availability of local agents, mixed reviews on customer service responsiveness.
Customer Reviews:
GEICO consistently receives high ratings for affordability and ease of use, though some customers have noted issues with customer service and claims handling.
Claims Procedure:
Claims can be filed online, through the mobile app, or by calling their customer service. GEICO’s process is streamlined and user-friendly, with the ability to track claims online.
2. State Farm
Website: State Farm Official Website
Phone Number: 1-800-STATE-FARM (1-800-782-8332)
Email: [email protected]
Company History:
Founded in 1922 by George J. Mecherle, State Farm has become the largest auto insurance provider in the US, known for its extensive network of agents and customer-centric approach.
Plans and Rates:
State Farm offers full coverage policies that typically start around $1,200 annually, with various discounts available to reduce costs.
Pros and Cons:
- Pros: Extensive network of local agents, excellent customer service, comprehensive coverage options.
- Cons: Rates can be higher than some competitors without discounts.
Customer Reviews:
State Farm is praised for its customer service and efficient claims handling. Customers appreciate the personalized service from local agents.
Claims Procedure:
Claims can be filed online, through the mobile app, or by contacting your local agent. State Farm’s claims process is known for being quick and efficient.
3. Progressive
Website: Progressive Official Website
Phone Number: 1-800-PROGRESSIVE (1-800-776-4737)
Email: [email protected]
Company History:
Progressive was founded in 1937 by Joseph Lewis and Jack Green. The company is known for its innovative approach to auto insurance, including usage-based insurance programs.
Plans and Rates:
Progressive offers full coverage policies starting around $1,300 annually. The company provides various discounts, including for safe driving and bundling policies.
Pros and Cons:
- Pros: Usage-based discounts, extensive online tools and resources, competitive pricing.
- Cons: Customer service experiences can vary, and rates can be higher in some regions.
Customer Reviews:
Customers appreciate Progressive’s competitive rates and discount programs. However, some reviews mention inconsistent customer service experiences.
Claims Procedure:
Claims can be filed online, through the mobile app, or by calling their claims department. Progressive’s process includes the option to track claims online.
4. Allstate
Website: Allstate Official Website
Phone Number: 1-800-ALLSTATE (1-800-255-7828)
Email: [email protected]
Company History:
Allstate was founded in 1931 as part of Sears, Roebuck & Co. and became an independent company in 1993. Allstate is known for its slogan, “You’re in good hands.”
Plans and Rates:
Allstate’s full coverage policies typically start around $1,400 annually, with a variety of discounts available, including for safe driving and multiple policies.
Pros and Cons:
- Pros: Comprehensive coverage options, numerous discounts, strong financial stability.
- Cons: Higher rates compared to some competitors, mixed reviews on customer service.
Customer Reviews:
Allstate is praised for its comprehensive coverage and robust discount options, though some customers report dissatisfaction with claims handling and customer service.
Claims Procedure:
Claims can be filed online, through the mobile app, or by contacting an agent. Allstate provides detailed online resources and support for the claims process.
5. USAA
Website: USAA Official Website
Phone Number: 1-800-531-USAA (1-800-531-8722)
Email: [email protected]
Company History:
USAA was founded in 1922 by a group of Army officers to provide auto insurance to military members. It has grown to serve millions of military members and their families.
Plans and Rates:
USAA offers full coverage policies starting around $1,100 annually. The company is known for its excellent rates and discounts for military members.
Pros and Cons:
- Pros: Excellent customer service, competitive rates, exclusive benefits for military members.
- Cons: Only available to military members and their families.
Customer Reviews:
USAA consistently receives high marks for customer satisfaction, affordability, and comprehensive coverage options.
Claims Procedure:
Claims can be filed online, through the mobile app, or by calling their claims department. USAA’s claims process is streamlined and highly rated for efficiency.
6. Liberty Mutual
Website: Liberty Mutual Official Website
Phone Number: 1-800-290-7933
Email: [email protected]
Company History:
Liberty Mutual was founded in 1912 and has grown to become one of the largest global insurers, offering a wide range of insurance products.
Plans and Rates:
Liberty Mutual offers full coverage policies starting around $1,300 annually. The company provides various discounts, including for safe drivers and multiple policies.
Pros and Cons:
- Pros: Customizable coverage options, extensive discount programs, strong financial stability.
- Cons: Rates can be higher in some regions, mixed customer service reviews.
Customer Reviews:
Liberty Mutual is praised for its customizable coverage options and discount programs. However, some customers report issues with claims handling and customer service.
Claims Procedure:
Claims can be filed online, through the mobile app, or by calling their claims department. Liberty Mutual provides a detailed online claims tracking system.
7. Farmers Insurance
Website: Farmers Insurance Official Website
Phone Number: 1-888-327-6335
Email: [email protected]
Company History:
Founded in 1928, Farmers Insurance has grown to become a leading insurer in the US, offering a wide range of insurance products and services.
Plans and Rates:
Farmers offers full coverage policies starting around $1,400 annually. The company provides various discounts, including for safe driving and bundling policies.
Pros and Cons:
- Pros: Comprehensive coverage options, strong customer service, extensive agent network.
- Cons: Higher rates compared to some competitors, limited online tools.
Customer Reviews:
Customers appreciate Farmers’ comprehensive coverage options and strong customer service, though some report higher rates compared to other insurers.
Claims Procedure:
Claims can be filed online, through the mobile app, or by contacting an agent. Farmers provides detailed online resources and support for the claims process.
8. Nationwide
Website: Nationwide Official Website
Phone Number: 1-877-669-6877
Email: [email protected]
Company History:
Nationwide was founded in 1926 as a small mutual auto insurer and has grown to become one of the largest insurance and financial services companies in the world.
Plans and Rates:
Nationwide offers full coverage policies starting around $1,300 annually. The company provides various discounts, including for safe drivers and multiple policies.
Pros and Cons:
- Pros: Comprehensive coverage options, numerous discounts, strong financial stability.
- Cons: Mixed customer service reviews, higher rates in some regions.
Customer Reviews:
Nationwide is praised for its comprehensive coverage options and robust discount programs, though some customers report mixed experiences with customer service.
Claims Procedure:
Claims can be filed online, through the mobile app, or by calling their claims department. Nationwide provides a detailed online claims tracking system.
9. Travelers
Website: Travelers Official Website
Phone Number: 1-866-336-2077
Email: [email protected]
Company History:
Founded in 1864, Travelers is one of the oldest and most respected insurance companies in the United States, offering a wide range of insurance products.
Plans and Rates:
Travelers offers full coverage policies starting around $1,400 annually. The company provides various discounts, including for safe drivers and multiple policies.
Pros and Cons:
- Pros: Comprehensive coverage options, strong financial stability, numerous discounts.
- Cons: Higher rates compared to some competitors, mixed customer service reviews.
Customer Reviews:
Travelers is praised for its comprehensive coverage options and robust discount programs, though some customers report mixed experiences with customer service.
Claims Procedure:
Claims can be filed online, through the mobile app, or by calling their claims department. Travelers provides a detailed online claims tracking system.
10. American Family Insurance
Website: American Family Insurance Official Website
Phone Number: 1-800-MYAMFAM (1-800-692-6326)
Email: [email protected]
Company History:
Founded in 1927, American Family Insurance has grown to become one of the largest mutual insurance companies in the United States, offering a wide range of insurance products.
Plans and Rates:
American Family offers full coverage policies starting around $1,300 annually. The company provides various discounts, including for safe drivers and multiple policies.
Pros and Cons:
- Pros: Comprehensive coverage options, strong customer service, numerous discounts.
- Cons: Rates can be higher in some regions, limited online tools.
Customer Reviews:
Customers appreciate American Family’s comprehensive coverage options and strong customer service, though some report higher rates compared to other insurers.
Claims Procedure:
Claims can be filed online, through the mobile app, or by contacting an agent. American Family provides detailed online resources and support for the claims process.
Conclusion
When looking for the cheapest insurance for full coverage, it’s essential to consider not only the cost but also the quality of service, coverage options, and customer satisfaction. Companies like GEICO, State Farm, and Progressive offer competitive rates and comprehensive coverage options, making them popular choices among drivers. Other companies such as Allstate, USAA, Liberty Mutual, Farmers Insurance, Nationwide, Travelers, and American Family Insurance also provide excellent full coverage options with various discounts and benefits.
It’s crucial to compare quotes, read customer reviews, and understand each company’s claims process to make an informed decision. By doing so, you can find an affordable full coverage policy that meets your needs and provides peace of mind on the road.
FAQs
1. What is full coverage auto insurance?
Full coverage auto insurance typically includes liability, collision, and comprehensive coverage. It provides a higher level of protection compared to minimum liability insurance, covering damages to your vehicle, injuries, and non-collision-related incidents such as theft or natural disasters.
2. How can I find the cheapest full coverage auto insurance?
To find the cheapest full coverage auto insurance, compare quotes from multiple insurers, consider available discounts, and assess customer reviews and satisfaction ratings. Companies like GEICO, State Farm, and Progressive are known for offering competitive rates for full coverage.
3. What factors affect the cost of full coverage auto insurance?
The cost of full coverage auto insurance is influenced by several factors, including your driving record, age, location, vehicle type, coverage limits, and available discounts. Comparing quotes from different insurers can help you find the best rate.
4. How do I file a claim with my auto insurance company?
The claims process varies by insurer, but generally, you can file a claim online, through a mobile app, or by calling the company’s customer service or your local agent. It’s important to provide all necessary details and documentation to ensure a smooth claims process.
5. What discounts are available for full coverage auto insurance?
Many insurers offer discounts for safe driving, bundling policies, good grades (for students), defensive driving courses, vehicle safety features, and usage-based insurance programs. Be sure to inquire about available discounts when comparing quotes to lower your premium.
