Which company is right for you? Compare rates, discounts, and benefits from these three major insurers.
GEICO, Allstate, and Progressive are among America's most popular car insurance companies, boasting brand recognition and substantial client bases. Despite their similar size, the three insurers have their differences — most notably in the way they price policies and the discount programs they provide. Let's dive into the details and compare Allstate, GEICO, and Progressive.
Filing a claim is an inevitable part of carrying car insurance. A claim can have a lasting impact on your car insurance premium. Our data show Progressive is the cheapest of the three major insurers if you have an at-fault accident on your record. If you're claim-free, GEICO is the most affordable option.
|Company||Six-Month Premium After an At-Fault Accident|
The three insurers offer fairly competitive rates after an at-fault accident. Based on our user profile, Progressive is the cheapest company after a collision claim.
Adding a child to your car insurance policy — regardless of your carrier — is going to be expensive. Given teens' lack of driving experience, most car insurance companies see them as claims payouts waiting to happen. It’s important to shop as carefully as possible to see which insurance company can give you the cheapest rate for your new driver.
|Company||Six-Month Premium with Teen Driver|
While Progressive is the cheapest car insurance company after a claim, GEICO is the cheapest for adding a teen driver. For the methodology of these rates, see here.
Your premium can change significantly based on the vehicle you drive. Looking at the overall average of car insurance premiums by types, luxury vehicles are the most expensive.
|Vehicle Type||GEICO Six-Month Premium||Progressive Six-Month Premium||Allstate Six-Month Premium|
Below are the cheapest companies for each vehicle type:
Reference the below resources to find the best rates for your vehicle:
Your credit score has a major impact on your car insurance rates. Historical data show drivers with poor credit tend to file more claims than do drivers with great credit, so insurers charge drivers with poor credit higher car insurance premiums. Car insurance with bad credit can cost approximately $100 more per month, no matter which of these three insurers you choose.
|Credit Level||GEICO Six-Month Premium||Progressive Six-Month Premium||Allstate Six-Month Premium|
|Very Poor (300-579)||$1,360||$1,308||$1,457|
|Very Good (740-799)||$745||$760||$824|
Progressive is the cheapest insurance company if you have bad credit, whereas GEICO provides the most affordable rates for drivers with good credit.
While GEICO, Allstate, and Progressive each covers basic coverage options, the additional coverage options and discounts offered by each vary. Below is a breakdown of common discounts and their availability via specified companies.
|Good Student Discount||Yes||Yes||Yes|
|Good Driver Discount||Yes||Yes||Yes|
|Defensive Driver Discount||Yes||Yes||Yes|
|Green Car Discount||Yes|
|eSign or ePay Bonus||Yes|
|New Car Discount||Yes|
|Driver Education Discount||Yes||Yes||Yes|
If you’re looking for rideshare insurance, you can find this policy through all three insurers (subject to state availability). A rideshare endorsement is what you'll need to add to your current car insurance policy in order to drive for Uber or Lyft.
Because there are so many aspects of your insurability profile unique to you, this answer may vary. Use this data as a jumping off point — enter your zip code below to find the policy for you.
We randomly selected 5 zip codes in 5 different areas across the US by using the 5 most popular companies in the US based on net premiums written. Here are the zip codes we selected:
With that created, we decided to get the male and female teen two parents with two vehicles in order to create a base to build the teenage driver profiles from. This is the information we chose to use:
Next, we needed to create the profile of the teen drivers; one that is female and male. Here is the information:
Between September and December 2017, The Zebra conducted comprehensive auto insurance pricing analysis using its proprietary quote engine, comprising data from insurance rating platforms and public rate filings. The Zebra examined nearly 53 million rates to explore trends for specific auto insurance rating factors across all United States zip codes, averaged by state, including Washington, DC.
Analysis used a consistent base profile for the insured driver: a 30-year-old single male driving a 2013 Honda Accord EX with a good driving history and coverage limits of $50,000 bodily injury liability per person/$100,000 bodily injury liability per accident/$50,000 property damage liability per accident with a $500 deductible for comprehensive and collision. For coverage level data, optional coverage (that must be rejected in writing) is included where applicable, including uninsured motorist coverage and personal injury protection.
National property and casualty losses information is from the Insurance Information Institute and the NOAA National Centers for Environmental Information U.S. Billion-Dollar Weather and Climate Disasters report.
For vehicle make and model data, analysis referenced the most popular vehicles in the U.S. by 2016 year-end sales, according to Goodcarbadcar.net’s automakers’ data.
Finally, some rate data may vary slightly throughout report based on rounding.