The Best Discount Offerings: Geico
GEICO is known to offer some of the cheapest rates and about 20 unique discounts ranging from 25% to 40%. They offer all types of auto insurance and offer breaks for airbags, ABS, anti-theft systems, new cars, good drivers, seat belts, education levels, students, federal employees, military, multi-vehicle and multi-policy, and customer loyalty.
Best for Safe Drivers: Travelers Insurance
Travelers offer lower premiums for safe drivers by an average of $586.They offer all types of coverage too. They also offer discounts for multi-car and multi-policy deals, students, safe driving, clean records, loyalty, automatic payment, and hybrid and electric vehicles.
Best for New Drivers: Esurance
Esurance offers special incentives to keep premiums low for new drivers. Quotes can be obtained online in minutes and get 5% off. Discounts are also offered for RSA policyholders and drivers that have vehicles with certain safety features. High school and college students that maintain a B average each semester also get 10% off.
Best Driving Habit Discount Program: Nationwide
Nationwide’s SMartRide offers driver savings that add up to 40% of their premium if you let them install a device on your car or use a smartphone app to report mileage and driving habits. The readings of the device determine your discount each week. You also get a discount for signing up. Other discounts include multi-policy offers, safe driver deals, good students, anti-theft devices, automatic payments, and paperless documents.
Best Rates for Accident History: State Farm
State Farm turns out to be the best for drivers with a less-than-spotless driving record. Its rates are lower by at least $200 for these drivers as compared to the competition. It also offers fairly extensive car insurance coverage and other options for customers. Its discounts are accessible through its website.
The Best Option for Poor Credit: Liberty Mutual
Liberty Mutual is one of the few companies that keep its rates relatively constant even for customers with poor credit scores. It is also the cheapest option for people with poor credit. This company offers some unique coverage options, like accident forgiveness, lifetime repair guarantees, and new car replacement.
