The best insurance companies offer a range of discounts to make home and auto policies affordable. They also help you manage your policies more easily, such as bundling auto and home or life insurance.
To find the best home and auto insurance providers, NerdWallet analyzed discount rates, coverage options, website transparency, financial strength and complaint data from state regulators.
Allstate is one of the largest insurance companies in the United States and offers a variety of products and services. Its nationwide availability and array of coverage options make it a popular choice for homeowners.
Homeowners can take advantage of Allstate’s nationwide network of agents to get a personalised quote, but they also offer a self-service channel online. This allows customers to manage their policy details, pay bills and make claims without interacting with Allstate’s staff.
In addition to its home insurance products, Allstate offers auto and life insurance as well. Drivers can save on their premiums by bundling their car insurance with their life or renters policies. They can also earn discounts for installing safety devices in their homes or driving safely.
To keep its customers informed, Allstate publishes monthly reports on claims, customer satisfaction and other topics. It also has a robust mobile app that lets drivers access their digital ID cards, make payments and request roadside assistance.
When it comes to the company’s service, Allstate customers are generally satisfied with their experience with the company, according to J.D. Power’s 2022 Home Insurance Study and the National Association of Insurance Commissioners’ (NAIC) ratings.
Allstate is also an excellent choice for car insurance, as it has a strong reputation and offers a wide range of coverage options. It also offers add-ons such as accident forgiveness and rideshare insurance.
Geico, a wholly owned subsidiary of Berkshire Hathaway, is one of the largest and most well-known auto insurance companies in the country. The company offers a wide range of coverage options, including specialized insurance products like jewelry and flood protection.
GEICO’s rates are consistently cheaper than the national average, especially when you add a young driver to your policy. Their online tools make it easy to choose a car insurance plan that meets your needs and budget.
The company’s mobile app helps you track your coverage and file claims, and its customer service team is available 24 hours a day to help answer questions. The company also provides discounts for defensive driving, emergency deployment and maintaining a high grade point average.
For business owners, Geico provides a variety of commercial car insurance options. These policies can be purchased separately or bundled with other business insurance offerings.
Businesses can also purchase a business owner’s policy through Geico to cover property and liability damages from a wide range of business scenarios. This insurance is a good choice for contractors, electricians, landscapers and catering services.
GEICO also offers home insurance through underwriting partners. Their rates, coverage and service may vary from company to company, so you will need to shop around for the best price and service.
Chubb is an insurance company that specializes in auto and home policies for high-net-worth individuals. It offers generous coverage options and perks that aren’t typically offered by other insurers, such as lifetime repair guarantees and up to $15,000 of rental car reimbursement for a single accident.
Chubb has an excellent reputation for customer service and receives fewer complaints than other companies of its size, indicating that it’s a good choice for affluent clients. It also has many perks and extra coverage options that are rarely available from other large insurers, such as home security cameras, fire-resistant walls, flood insurance, earthquake protection, theft protection, identity theft protection, and tree removal after a storm.
For businesses, Chubb offers a variety of products that include property and casualty, workers’ compensation, risk engineering services, and reinsurance coverages. Its core operating insurance companies have financial strength ratings of AA from Standard & Poor’s and A++ from A.M. Best, and they operate in more than 54 countries.
The company also has a wide range of policy options for businesses that are involved in the technology industry, clean tech, construction, cultural institutions, energy, entertainment, food, hospitality, law, healthcare and real estate. The company also offers customized insurance solutions for industries with environmental, social and governance (ESG) risks.
For business customers, Chubb’s claims process is easy and convenient. It offers 24/7 telephone and fax reporting, a mobile app for filing and chatting with representatives, and local Chubb agents. It also has a dedicated business claims consultant who meets with business clients to develop a claim-handling plan that works for them.
Nationwide is an insurance company with a wide range of products. Its main offerings are home and auto insurance, as well as life insurance. In addition, it provides banking services through Axos Bank, a federally chartered savings bank that offers deposit accounts, mortgages and personal loans.
Homeowners who bundle their home and auto policies with Nationwide can save an average of 13%. They can also save by choosing a higher deductible and maintaining an accident-free driving record.
They offer a variety of additional coverage options, such as earthquake and flood protection, that can increase their customers’ peace of mind. They also have a strong reputation for customer service and are known for their high claims satisfaction ratings.
In addition to home and auto insurance, Nationwide offers coverage for recreational vehicles, motorhomes, travel trailers, campers, golf carts and personal watercraft. Additionally, they have a partnership with Hagerty to offer car insurance for classic cars.
Although Nationwide has a solid reputation for customer service, their reputation for claims satisfaction is mixed. Many of their reviews on the BBB website discuss problems with the claims process. Some reviewers complain about a slow process to get a damage appraisal, while others say that their insurance agents are rude or unresponsive.
5. American Family
American Family offers a number of different coverage options, including comprehensive and collision coverage. It also offers rental car reimbursement, roadside assistance and optional gap insurance to cover the difference between what you owe on your policy and what your vehicle is worth after an accident.
American Family insurance is a good choice for drivers who want to save money on their policy and can manage their finances well. It also has an option usage-based auto insurance program called KnowYourDrive that rewards drivers for maintaining a safe driving record.
Customers of all ages can earn discounts for participating in the program, which monitors driving habits and scores them on braking, speeding and hours of usage. Those with good driving scores will save even more.
In addition, American Family is an excellent choice for homeowners who are looking for a low-cost insurance carrier. The company offers multiple discounts that can help you lower your premium and deductible.
For example, you can earn a discount if you go paperless or set up an automatic payment. You may also receive a loyalty discount if you have a homeowners policy with American Family for a year or more.
Those who shop for home insurance with American Family also have an opportunity to participate in their DreamBank Community, which strives to empower individuals to achieve their goals. The organization hosts a variety of experiences, including camps, summits and events to support this goal.
6. Country Financial
Country Financial is a large insurer with a number of different product lines, including auto, home, life, commercial insurance and retirement planning. The company has been around since 1925 and serves customers in 19 states.
COUNTRY Financial is a member of the Fortune 1000, a group of American companies that earn revenue by offering products and services to consumers. Its subsidiaries provide auto, homeowners and life insurance, as well as a range of other financial services.
Its website is easy to use and offers an agent finder tool to help you find a local representative. It also offers a mobile app for checking claim status and paying bills.
You can compare COUNTRY Financial’s auto and home policies with other insurers using our free comparison tool. It includes information about their customer service, cost and unique coverages.
For its auto insurance, Country Financial offers liability and comprehensive coverage with a variety of add-ons to help you customize your policy. Its deductible amount is also low and its car rental reimbursement coverage is available at no extra charge.
The company also offers a rideshare insurance option for customers who use a delivery service or ridesharing app to get from one place to another. Its multicar and multipolicy discounts are available for drivers who have several cars or multiple policies with the same provider.
In addition, COUNTRY Financial has a good customer satisfaction rating and an impressive history of financial strength. Its complaint index is 0.20 for private passenger auto insurance, which is far below the industry average.