Best Car Insurance Companies for Coverage

Find out which company has the most to offer when it comes to auto insurance coverages.

Home » Auto » Shopping Advice » Best Car Insurance Companies for Coverage

Coverage is the first thing you look at when shopping for car insurance. But not all companies offer the same ones. Some offer more options than others. Our study found that Liberty Mutual is the best car insurance company for coverage.

In this article, we rank the top insurers based on the car insurance coverage they have. We’ll look at how many coverages a company provides. We’ll also look at which types of coverage a company offers.

Get the best coverage

Find better coverage, lower rates, or both by comparing quotes with our fast, easy-to-use form.

Advertiser Disclosure

Best Car Insurance Company for Coverage: Liberty Mutual

Liberty Mutual has the best coverages of any car insurance company. They have the most coverage options, including the essentials you need to drive. You can also get insurance from them in all 50 states. Here’s why we picked Liberty Mutual at our number one spot:

Large Coverage Selection

Liberty Mutual offers a total of 19 different coverages. They, of course, have full coverage. But you can also get extras like roadside assistance and gap. Here’s a full list of their coverages:

  • Liability
  • Collision
  • Comprehensive
  • Uninsured and underinsured motorist (UM and UIM)
  • Medical payments (MedPay)
  • Personal injury protection (PIP)
  • Gap
  • Rental car reimbursement
  • Travel to Mexico
  • New car replacement
  • Better car replacement
  • Roadside assistance
  • Liberty Mutual deductible fund
  • Lifetime repair guarantee
  • Original parts replacement
  • Auto insurance for teachers
  • Umbrella insurance
  • Accident forgiveness

Coverages That Others Don’t Offer

Liberty Mutual offers unique coverages that other insurers don’t. One example is gap insurance. This helps pay off the loan/lease for your car if it gets totaled in a crash. Lenders require gap, but many insurers don’t offer it.

Another rare coverage of Liberty Mutual’s is for travelers in Mexico. This is key if you plan on driving south of the border. But many other insurers don’t provide this.

Liberty Mutual also has accident forgiveness. This protects your rates from going up after a car accident.

High-Quality Company

Another reason why Liberty Mutual is ranked so highly is that it’s a high-quality insurer. In J.D. Power’s 2022 auto insurance study for customer satisfaction, Liberty Mutual appeared in the top ten for several regions around the country. A.M. Best, a credit rating agency, gave the insurer an A (stable) ranking.

Final Word on Liberty Mutual

Liberty Mutual is our pick for best coverage because it offers more than any other company. It has just about every coverage you need to fully protect your car. This includes gap insurance and accident forgiveness. Also, the company has a good reputation and is high-quality.

Second-Best Company for Coverage: Farmers

Farmers is our runner-up for best car insurance coverage. It has the second-most coverage options. It also has unique coverages other insurers don’t have. Here’s why we ranked Farmers at number two:

Several Coverage Options

Like Liberty Mutual, Farmers also offers 19 coverages. This is far more than most insurers. The coverages Farmers offers include basics like full coverage. You can also get add-ons that help you fill any coverage gaps. Here’s Farmers’ complete line-up of coverages:

  • Liability
  • Collision
  • Comprehensive
  • UM and UIM
  • MedPay
  • PIP
  • Towing and roadside service
  • Rideshare
  • Rental reimbursement
  • Loss of use
  • Guaranteed value
  • Customized equipment
  • Umbrella
  • Glass deductible buyback
  • Full glass
  • Spare parts
  • Original equipment manufacturer (OEM)
  • New car replacement
  • Accident forgiveness

Unique Coverages

Farmers offers several unique coverages that you can’t normally find with other insurers. These include the following:

  • OEM. This ensures that OEM parts go into your car when it’s in the shop.
  • Spare parts. Farmers will pay up to $750 for any spare parts your car needs.
  • Guaranteed value. This pays the agreed-upon value when your car’s a total loss.
  • Loss of use. Gives a flat payment for you to use public transit, rentals, and taxis while your car’s in the shop.

Final Word on Farmers

Farmers is one of the best insurers because of its wide variety of coverages. You can get all of the basics. But you can also get extras like accident forgiveness and rideshare. Overall, Farmers is a good choice if you’re looking for many coverage options to choose from.

Third-Best Company for Coverage: Travelers

Travelers is third on our list for best coverage. The company has many coverage options, including rideshare and gap. Here’s why we picked Travelers at number three:

Lots of Coverage Options

As with the other companies in our list, Travelers has more coverage options than most. This is a complete list of Travelers’ 14 coverages:

  • Liability
  • UM and UIM
  • Collision
  • Comprehensive
  • PIP
  • MedPay
  • Gap
  • Rental coverage
  • Roadside assistance
  • New car replacement
  • Accident forgiveness
  • Rideshare
  • Named non-owner
  • Umbrella

Travelers also has coverages that many other insurers just don’t offer. These include coverages like rideshare and gap insurance. Named non-owner is another unique coverage they offer. This is useful if you often drive vehicles that aren’t your own.

Final Word on Travelers

It’s hard to go wrong with Travelers for car insurance coverage. You can get popular options like gap insurance and accident forgiveness. So, you won’t need to look elsewhere for additional coverage.

Compare Quotes From the Best Companies for Coverage

Now that you know who has the best coverage, get a quote to find what you need for the lowest rate.

Honorable Mentions

Liberty Mutual, Farmers, and Travelers may be our top three for car insurance coverage, but other companies may be a good fit for you as well. Below are four honorable mentions for best car insurance coverage:

Nationwide

Nationwide has a good selection of car insurance coverage. There are 14 coverages to choose from:

  • Liability insurance
  • PIP
  • UM and UIM
  • MedPay
  • Collision
  • Comprehensive
  • Towing and labor
  • Rental car expense
  • Gap insurance
  • Roadside assistance
  • Accident forgiveness
  • Vanishing deductible
  • Total loss deductible waiver
  • Umbrella insurance

It’s notable that Nationwide offers gap insurance. This is a coverage that most insurers don’t provide. If you’re leasing or financing a car, Nationwide may be a good choice. You can also get vanishing deductible coverage. This takes $100 off of your deductible for each year without an accident.

Allstate

With Allstate, you can get all the basic auto insurance coverages. This includes liability and full coverage. But you can also get rarer coverages, like Mexican travel insurance and classic car coverage. Here’s a full list of what you can get with Allstate:

  • Liability
  • Collision
  • Comprehensive
  • MedPay
  • PIP
  • UM and UIM
  • Roadside assistance
  • Rental reimbursement
  • New car replacement
  • Gap
  • Repair provision
  • Umbrella
  • Classic car

Progressive

Progressive also has a well-rounded set of auto coverages. The company is one of the largest in the industry and serves all US states. Progressive offers coverages like rideshare and gap. You can also get all the basic ones. Here’s a complete list of Progressive’s coverages:

  • Liability
  • Collision
  • Comprehensive
  • UM and UIM
  • MedPay
  • PIP
  • Loan/Lease payoff (gap)
  • Rental car reimbursement
  • Custom parts and equipment value
  • Rideshare
  • Roadside assistance
  • Deductible savings bank

American Family

American Family (AmFam) has ten coverages for you to choose from. AmFam has all the basic coverages you’d expect. You can also get gap and AD&D. Here are all the coverages AmFam provides:

  • Liability
  • Collision
  • Comprehensive
  • MedPay
  • PIP
  • Gap
  • UM and UIM
  • Rental reimbursement
  • Emergency road service
  • Accidental death and dismemberment (AD&D)

How We Made Our Decision for Best Car Insurance Coverage

We selected our winner for best coverages by looking at several factors. The first is the number of coverages a company provides. The more coverages, the better. We also looked at the types of coverages a company offers. Companies that had the following coverages ranked higher:

  • Gap
  • Rideshare
  • Mexican travel

Finally, we looked at a company’s overall quality. This includes assessing an insurer’s customer satisfaction rating. We also looked at an insurer’s overall size. The final factor was how many states an insurer sells insurance in.

Share: