The Ascent's 2024 Car Insurance Awards award banner The Ascent's 2024 Car Insurance Awards

Author: Brian Frey | Published Jan. 16, 2024

The best auto insurance companies

To determine the Best Car Insurance awards for 2024, The Ascent’s experts evaluated accounts with our ratings model, focusing on industry factors and user benefits, including:

  • Pricing and rates
  • Coverage options
  • Customer satisfaction
  • Features (like discounts and customer service)

State Farm

Best Car Insurance Overall

State Farm

Rating image, 5.00 out of 5 stars.
5.00/5 Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
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State Farm offers multiple opportunities for discounts, including for bundling coverage. But the best savings comes from the different programs it offers for young drivers including Steer Clear as well as a good student discount. With comprehensive coverage options and low premiums, parents and teens can rest assured they're protected in case of an accident.

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Geico

Best Cheap Car Insurance

Geico

Rating image, 4.50 out of 5 stars.
4.50/5 Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
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= Excellent
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Geico is one of the most affordable insurers available, and it offers comprehensive auto insurance coverage options at premiums that beat out most competitors. Geico promises to save people 15% or more on car insurance, and assessments of policy premiums show that it lives up to its promise.

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Progressive

Best High Risk Car Insurance

Progressive

Rating image, 4.00 out of 5 stars.
4.00/5 Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
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Progressive's premium surcharge after an accident is relatively small compared to many competitors. The Ascent's research revealed an approximately 22% rise in Progressive's premiums following an at-fault crash.

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Geico

Best Insurance for Teens

Geico

Rating image, 4.50 out of 5 stars.
4.50/5 Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
 = Best
= Excellent
= Good
= Fair
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Geico offers a huge selection of discounts, including some specific to teens, like a good student discount for teens who maintain a B-average or better in school and a driver's education discount for teens who complete an approved course.

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USAA

Best Car Insurance for Veterans

USAA

Rating image, 4.00 out of 5 stars.
4.00/5 Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
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= Excellent
= Good
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The big name in military insurers, USAA has been covering automobiles since 1922, when 25 Army officers joined together to insure each other's vehicles. USAA is known for its low rates and multiple discounts for its members.

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Allstate

Best Car Insurance for Rideshare Drivers

Allstate

Rating image, 4.00 out of 5 stars.
4.00/5 Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
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Allstate has a very convenient setup for rideshare drivers, and some policies may allow you to simply extend your personal coverage while working. Additionally, Allstate offers excellent roadside assistance.

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About the Author

Brian Frey
Brian Frey

Brian is The Ascent's Head of Product Ratings and PR. With a decade of experience testing personal finance and consumer products, his work has been featured in Forbes, Entrepreneur, and American Banker, among other leading news outlets. Outside the office, Brian optimizes credit card points to travel, and is always on the hunt for new ways to save and invest money.