Images by Getty Images. Illustrations by Austin Coule Certification/Bankrate
When you’re looking for the best car insurance company, you probably need to balance factors like low cost, good customer service, and robust coverage options. Most large auto insurers have competitive products in all these categories, so it can be difficult to decide which one is right for you. Bankrate’s insurance editorial team compared four top insurance companies (Geico vs. State Farm vs. Progressive vs. Allstate) that help to remove quality metrics for each carrier from catchy ads.
Comparison of the best car insurance companies
When determining the benefits of GEICO vs. Progressive vs. State Farm vs. Allstate, we looked at each carrier’s financial strength, customer service, average annual rate, digital tools, coverage products, and more. Of the 5 points, each company’s bank rate score summarises these quality metrics. We also paid attention to the rankings that each company received from JD Power, an industry watchdog organization. This assesses both billing satisfaction and overall customer satisfaction.
| company | Bankrate score | JD Power Claim Satisfaction Survey | average. Full Coverage Premium of Annual | average. Annual full coverage premium after speeding tickets | average. Annual full coverage premium after breakdown accident |
|---|---|---|---|---|---|
| progressive | 4.4 | 672/1,000 | $2,387 | $3,051 | $3,586 |
| Geico | 4.3 | 692/1,000 | $2,172 | $2,675 | $3,059 |
| State Farm | 4.3 | 710/1,000 | $2,887 | $3,314 | $3,657 |
| All State | 3.9 | 691/1,000 | $3,297 | $3,792 | $4,345 |
Progressive: Perfect for safe drivers
Why did we choose it: Progressive’s Deductible Savings Bank is an optional feature that rewards safe driving with potential savings in the deduction. This feature allows drivers to earn $50 credits on comprehensive and collision deductions per billing and non-violated policy period. Although not available in all states, this optional add-on will help you save drivers after an accident. Particularly progressive ranked second to second due to car bill satisfaction.
GEICO: Great for discounts
Why did we choose it: In addition to lower average car insurance premiums, GEICO’s long discount list could potentially make your policy even cheaper. Advertised discounts include savings for safe driving, emergency military deployments, excellent students and affiliated groups. Like Progressive, GEICO fell below the segment average for the JD Power Claims Study. This can be a concern for drivers who value top-notch customer service.
State Farm: Great for billing
Why did we choose it: State Farm ranks higher than any other companies on the JD Power US Auto Bill Satisfaction Survey list. This suggests that consumers are satisfied with the billing process and payment. The company also surpasses the average across all regions except one region in the 2024 US Auto Insurance Survey (Mid Atlantic) and earns overall customer satisfaction. This is partly due to a national network of state farms of more than 19,000 agents. However, our average premium is skewed higher than the other premiums on our list.
Allstate: Perfect for new and younger drivers
Why did we choose it: Adding new or younger drivers to your car insurance is expensive, but Allstate offers a variety of options to reduce costs. Smart student discounts save money if unmarried drivers under the age of 25 meet any of these requirements.
- Maintain a grade average of b- or above, or have a GPA of 2.7 or above between full-time students
- The Teensmart Driver Education program completes successfully
- Visit school at least 100 miles from where the car is garaged
Depending on your state availability, you may also be able to sign up for Allstate DriveWise, a telematics program that tracks and rewards safe driving habits.
Allstate vs. State Farm vs. Geico vs. Progressive
The best auto insurance companies will depend on factors specific to you and your coverage needs. Comparing personalized quotes can help you find the cheapest carrier, but remember that cheap rates don’t beat quality coverage. There are pros and cons that will help you determine whether AllState or Progressive is good, and whether Geico or State Farm will provide better service.
All State
Strong Points
- We offer a variety of policy add-ons, including ride-share coverage, accident forgiveness, and expanded vehicle care
- Multiple rewards for safe driving
Cons
- Auto insurance premiums may be higher than other insurance companies
- Sub-average scores in some regions in the 2024 JD Power Auto Insurance Study
State Farm
Strong Points
- Provides an extensive network of local agents for personalized services
- Best Auto Insurance Company for Safe Drivers at 2025 Bankrate Awards
Cons
- You cannot write DUI driver policy
- We do not offer gap insurance in our auto policy
Geico
Strong Points
- Average Competitive Premium
- Best Auto Insurance Company for Risky Drivers at 2025 Bankrate Awards
Cons
- Few local offices with agents and limited personalized services
- Below average scores in JD Power 2024
progressive
Strong Points
- Name your pricing tool to help customers create policies that suit their budgets
- A wide range of national coverage
Cons
- There are fewer local agents than traditional airlines
- Ranking near the bottom of JD Power 2024
FAQ
Methodology
Using Quadrant Information Services, Bankrate analyzes all ZIP codes and carriers in all 50 states and Washington January 2025 fees and is weighted based on population density for each geographical region. The cited fees are based on 40-year-old male and female drivers with clean driving records, good credits and the following full coverage limits:
- $100,000 per person physical injury liability
- $300,000 for each accident
- Liability for property damages of $50,000 per accident
- Uninsured driver physical injury for $100,000 per person
- Uninsured driver’s physical injury for $300,000 per accident
- $500 collision deduction possible
- Comprehensive $500 deduction
To determine the minimum coverage limit, bank rates used minimum coverage to meet the requirements of each state. Our base profile driver owns a 2023 Toyota Camry, commutes five days a week and drives 12,000 miles a year. Bundles and paperless billing discounts apply.
These are sample rates and should be used for comparison purposes only. Your quote is different.
If specified, the base profile has been modified with the following driver characteristics:
Bankrate score
Our 2025 Bank Rate Score for Auto Insurance takes into account the important variables that the insurance editorial team will affect the impact of their impact with the insurance company. These factors include the cost of coverage for each company, product availability, financial strength assessment, online capabilities, and robust assessment of customer customers, and billing supports accessibility. These factors were grouped into three key categories: cost and assessment, coverage and savings, and support, and weighted by a layered approach.
Each category is assigned a metric to determine performance, with a weighted total of 5 points being the company’s total bank rate score. Our scoring model shows that companies excel in several key areas and provides a comprehensive view that highlights where they are lacking.
- Tier 1 (cost and rating): To determine how well auto insurers meet these priorities, our team analyzed either the estimate premium from Quadrant Information Services (if available) and the latest third-party agency ratings from JD Power, Am Best, Demotech, and the National Association of Insurance Commissioners (NAIC).
- Tier 2 (coverage and savings): We assessed the coverage options and availability of companies to help policyholders find providers that balance costs and coverage. Additionally, we evaluated the discount options listed on each company’s website.
- Tier 3 (Support): We analyzed the client’s accessibility path along with community support to cover many ways auto insurers can support policyholders. This analysis incorporates additional financial strength ratings from S&P and Moody, taking into account the company’s corporate sustainability efforts.
