Insuring your car has never been more expensive: According to the Department of Labor's Consumer Price Index, average premiums for auto insurance jumped 16.5% between August 2023 and 2024. But ...
The article from CNBC Select outlines the best car insurance companies for 2023, highlighting their strengths in various categories such as customer satisfaction, coverage options, and cost. Geico is praised for its low rates and high customer satisfaction, offering a wide range of discounts. USAA excels in customer service, particularly for military members and their families, though it's not available to everyone. State Farm is noted for its extensive agent network and strong financial stability, providing personalized service. Progressive stands out for its innovative tools like the Name Your Price tool and its comprehensive coverage options. Erie Insurance offers competitive rates and high customer satisfaction, especially in the Midwest and East Coast regions. Travelers is recognized for its variety of discounts and additional coverage options like gap insurance. The article also provides tips on how to choose the right insurance, emphasizing the importance of comparing quotes, understanding coverage needs, and considering customer service and financial strength ratings.
