A Protected List of Reputable Insurance Companies

Finding insurance can be quite a challenge – almost to the point that you want to forget about it. However, it’s an important aspect for protecting yourself, your family, your home, and your possessions.

And in some cases, like with automobiles and mortgages, insurance is a requirement. Since avoiding it is a bad idea – but a tempting one – we put together a list of reputable insurance companies to help simplify the process.

The following are some of the most reputable insurance companies available. Most of the names you’ll likely recognize, while others might be new. Rest assured, however, that we’ve taken a look at each to make sure that they belong on this list.

Nationwide

About the Company: This is one that just about everyone recognizes. Even small children that have no clue what insurance is are familiar with the “Nationwide is on your side” jingle.

Nationwide was founded in 1926, nearly 100 years ago. It began as a small vehicle insurance company, but it is now a well established business that provides coverage for nearly everything in life.

Types of Insurance Coverage: Nationwide offers car insurance, property insurance, life insurance, and specialty insurance, such as pet coverage. Additionally, you can get investment and business insurance.

Pros

• Low number of consumer complaints
• Reasonable rates, even if your credit is low
• Wide rage of products

Cons

• Collision repair coverage seems to be mid-level
• Prices aren't the lowest

Discounts Available

• Multi-policy
• Safe driver
• Paperless
• Accident-free
• Automatic payments
• Good student
• Membership discounts for some associations

Progressive

About the Company: Progressive is another easily recognizable company, and for good reason. It was founded in 1937 and has grown to be the third largest insurance carrier in America.

Types of Insurance Coverage: Progressive offers auto, home, motorcycle, RV, life, renters, condo, boat, dental, travel, vision, flood, wedding, classic car, and commercial insurance. In some states, you can get additional coverage, such as rideshare insurance.

Pros

• One of the largest auto insurance companies
• Collision coverage includes pet injury coverage
• Innovative and convenient tools for easy quotes
• Great financial stability

Cons

• Customer satisfaction is lower than with many other companies
• Coverage and discounts vary across different states
• Higher prices than some other options
• Most insurance they provide comes from third parties, not the company itself

Discounts Available

• Paperless
• Good student
• Teen driver
• Snapshot good driver program
• Automatic payments
• Multi-car
• Bundling
• Having continuous insurance
• Paying policy in full upfront
• Automatic Payments
• Getting an online quote
• Signing documents online

State Farm

About the Company: State Farm was established in 1922 and has grown to the largest property and auto insurance provider. And like with Nationwide, the State Farm jingle is hard to forget. Overall, it’s a good company for those with good credit.

Types of Insurance Coverage: State Farm provides homeowners, condo, renters, motor home, boat, car, and motorcycle insurance. Additionally, they provide supplemental health, disability, pet medical, life insurance, and Medicare supplement insurance.

Pros

• Low number of customer complaints for such a large company
• Wide range of products and discounts
• Offers additional products, like small business, farm, and ranch insurance
• Offers rideshare coverage in some states

Cons

• Not all property types can get an online quote
• Rates are a bit high for those with poor credit

Discounts Available

• Accident-free if no chargeable accidents for 3 years
• Defensive driving
• Good driving
• Good student
• Anti-theft
• Multi-vehicle or multi-policy

USAA

About the Company: In 1922, a couple dozen Army officers made the choice to insure one another, which began the USAA company. For nearly 100 years now, USAA has continued to offer coverage to military members and their families.

It’s important to note that you must be a current or former military member or a spouse or child of a military member to qualify. However, if you meet these criteria, USAA could be a great option for you.

Types of Insurance Coverage: USAA provides auto insurance, renters insurance, and home insurance. Additionally, they offer life, umbrella, health, dental, vision, and medicare insurance coverage.

Pros

• Competitive rates
• High satisfaction ratings by customers
• Also offers banking and other services for members
• Fewer consumer complaints than with most other companies

Cons

• Strict eligibility requirements only available to:
  • Active members
  • Retired members
  • Honorably discharged military members
  • Their spouses and their children

Discounts Available

• Safe driver
• Defensive driving (with approved courses)
• Good student
• SafePilot program (You allow USAA to track driving, including speed, braking, and acceleration)
• New vehicle and multi-vehicle
• Annual mileage for less than 12,000 miles per year
• Military installation
• Long-term membership
• Multi-policy
• Paying full premium upfront

GEICO

About the Company: Speaking of well-known companies, who can forget the lovable GEICO gecko? GEICO got its start in the midst of the Great Depression, when a husband and wife team began insuring federal employees and some military officers. It has since grown to cover millions of Americans.

Types of Insurance Coverage: GEICO offers auto, homeowners, renters, motorcycle and ATV, and boat coverage.

Pros

• Higher customer satisfaction, especially with auto insurance
• Great tools to help you manage policies online
• Variety of discounts

Cons

• Not many local agents are available
• Some insurance comes through third parties - not GEICO itself

Discounts Available

• Safety equipment, such as air bags and anti-theft systems
• Defensive driving from approved courses
• Emergency deployment with military
• Active or retired federal employees
• Active or retired military member
• Multi-vehicle, multi-policy
• Membership with some associations and organizations

Allstate

About the Company: Carrying on with familiar and reputable insurance companies, Allstate earns a spot on our list. It started in 1931 as an auto insurance company but grew to cover many other areas of life. It is a well-known and well-loved insurer. As they say, “You’re in good hands with Allstate.”

Types of Insurance Coverage: Allstate provides vehicle, motorcycle, home, renters, off-road vehicles, term life, landlord, pet, and boat insurance.

Pros

• Many discounts, including claim free, which you can qualify for at renewal if you had no claims in the previous policy term
• Wide range of coverage
• Many online tools for convenience

Cons

• Average customer satisfaction
• Lower caps on some coverage, such as Additional Living Expenses
• Online tools don't provide all necessary information, such as specific coverage amounts for some items

Discounts Available

• New car
• Multi-policy
• Smart student
• Anti-theft device
• Anti-lock brakes
• Responsible payment for good payment history
• Claim-free
• Welcome
• Home buyer
• Loyalty

Haven Life

About the Company: Haven Life is one of the companies on this list of reputable insurance companies that you might not have heard of yet. It was created by MassMutual in 2015 to focus on providing life insurance to individuals that have trouble getting traditional life insurance policies.

Types of Insurance Coverage: Haven Life only offers term life insurance policies.

Pros

• Decent rates for most people, even smokers
• Quick approval process
• Customer service team is top notch
• Many applicants do not need an exam for approval

Cons

• Not available in all states
• Limited coverage amounts
• Not ideal for those over 65 or with pre-existing conditions
• Only offers life insurance

Discounts Available:

Currently, there are no discounts for Haven Life. However, the insurance is a lower rate than most other life insurance options.

Amica

About the Company: Amica Mutual Insurance was founded in Rhode Island in 1907 as the Automobile Mutual Insurance Company of America. At that time, they provided auto, fire, and theft insurance, but have since expanded to offer protection for much more.

Types of Insurance Coverage: Amica offers life, home, auto, condo, renters, marine, motorcycle, wedding, small business, flood, retirement, pet, RV, trailer, and umbrella insurance.

Pros

• High customer satisfaction
• Wide range of discounts
• Competitive rates for most customers

Cons

• Limited in-person agents and locations
• Risky driving record may disqualify you for auto insurance or lead to high rates
• Life insurance is not the best

Discounts Available

• Paying your premium in full
• Accident free
• Defensive driving
• Student away at school
• Good students
• Homeowner discount
• Multi-car or multi-policy
• Loyalty
• Safe vehicle
• Claim free discount
• Autopay
• Alarm system
• New/remodeled home

Find Your Insurance Today

Want to simplify the process even more? Good news! We’ve got your back there, too. At Insurry, you can shop for several insurance companies and plans to find the best protection and rates for you.

You can also get personalized insurance advice, track your policies, and more. Just sign up for your personal member key and enjoy the ease of shopping for insurance straight from your couch in your pajamas.