While Geico performed well in the J.D. Power Satisfaction Study, USAA actually scored the highest in every region. It just wasn’t eligible for ranking because of its strict eligibility requirements. This is also why we didn’t name USAA as the top provider in our full industry review.
In order to be eligible for a car insurance policy with USAA, you must be a member of the United for business. States military or have a family member or spouse that is a USAA member. If you are eligible, you can purchase a USAA policy entirely online. In addition to standard insurance coverages, USAA customers can purchase:
In addition to researching prices from several providers, drivers may use additional strategies to make sure they get the most affordable coverage online.
For financial reasons, drivers should contact their existing insurance to inquire about reductions. The staff at your existing insurance may be able to find savings that would reduce your rate, however it isn't a given.
By combining your house and vehicle insurance online, you may save a ton of money.
The average American driver will pay nearly $1,900 for car insurance in 2023, as insurance rates continue to rise across the country. This is according to the Insurify 2022 Auto Insurance Trends Report: 2022 in Review and What’s Ahead for 2023. Insurify, America’s top-rated virtual insurance agent, provides expert advice and empowers customers to securely compare, buy, and manage their auto, home, and life insurance policies.
To help offset higher rates, drivers can ask their insurance company about available discounts, and shop around for better options.
Owning a less expensive car and maintaining a good driving record can also help keep insurance rates low. Drivers may also want to go with less coverage, or a higher deductible, but should weigh the pros and cons very carefully before making that decision.
There was a period early in the pandemic when auto insurance companies saved tons of money due to a drastic reduction in miles driven by most car owners. In a somewhat shocking move, many insurers returned some of their customers’ premium amounts, but now we’re looking at the opposite situation. A new study from Insurify found that Americans will pay significantly more for car insurance by the end of next year than in 2022.
Insurify looked at more than 69 million auto policy rates and found that Americans paid an average of $1,777 for car insurance in 2022. That’s a 9% increase from 2021 and a 21% increase since 2020. Some states, including Oregon, Maryland, and Virginia, saw average premiums climb by more than 25 percent.
Using the past few years as a guide, Insurify predicts that the average insurance premium will rise another 7% in 2023 to $1,895. The continued increase is due in part to rising costs in other related areas, such as vehicle repair and medical expenses. People are also driving more as many businesses implement return-to-office plans. Perhaps the most worrying reason Insurify cites is climate change, which creates a higher risk for natural disasters.