Best Broad Form Coverage Car Insurance Company (2024)

Drivers always want to save money on car insurance, and the best car insurance companies give them many different ways to save, including coverage options.

The best companies for broad form car insurance offer cheap, very limited liability coverage for drivers who want to save the most money.

However, broad form car insurance might not meet your needs. Compare car insurance companies that offer broad form insurance with traditional companies to see which one can offer you the best deal.

Keep reading to learn more about cheap car insurance best insurance companies for broad form auto insurance. Before you begin, enter your ZIP code to compare free quotes from car insurance companies in your area.

What are the best companies for broad form car insurance?

Finding the cheapest car insurance is important, but drivers need to make sure they have the coverage they need, too. Broad form car insurance coverage may or may not meet those needs.

What is a broad form auto insurance policy? Broad form car insurance provides very limited liability coverage. Coverage is so limited that it may not meet the state minimum coverage limits.

Broad form insurance only provides coverage for the driver. This means that if your passenger is injured, your insurance would not pay for injuries. Broad form coverage also does not pay for damages to your vehicle.

Broad form companies are pretty difficult to find since very few drivers opt for this limited coverage. Specific companies that offer broad form insurance will vary from state to state, and this type of coverage is only available in 11 states:

• Colorado
• Delaware
• Idaho
• Iowa
• Maryland
• Mississippi
• Nebraska
• Nevada
• Ohio
• Tennessee
• Washington

Read more:

• Best Idaho Car Insurance
• Best Ohio Car Insurance
• Best Nebraska Car Insurance
• Best Nevada Car Insurance 
• Best Colorado Car Insurance

Low or liability-only auto insurance is very similar to broad form insurance, but liability-only insurance generally offers more coverage and meets state minimum requirements.

While your broad form auto insurance quotes may be cheaper, we can compare standard coverage to give you an idea of what rates may look like.

This table shows you average rates from top companies based on coverage type:

Average Annual Car Insurance Rates Based on Coverage Type

Companies	Average Annual Rates for Low Coverage	Average Annual Rates for Medium Coverage	Average Annual Rates for High Coverage
	$4,628.03	$4,896.81	$5,139.02
	$3,368.49	$3,544.37	$3,416.40
	$3,922.47	$4,166.22	$4,494.13
	$3,001.91	$3,213.97	$3,429.14
	$5,805.75	$6,058.57	$6,356.04
	$3,394.83	$3,449.80	$3,505.37
	$3,737.13	$4,018.46	$4,350.96
	$3,055.40	$3,269.80	$3,454.80
	$4,223.63	$4,462.02	$4,619.07
	$2,404.11	$2,539.87	$2,667.92

Quotes from the best companies for broad form car insurance will be lower than those for low-coverage. However, coverage is also much lower and may not meet state minimums.

Another thing to consider is that you can’t add comprehensive or collision coverage to broad form insurance. You simply have liability coverage with no other options to add coverage for your vehicle.

Who should consider broad form car insurance?

There are several reasons broad form car insurance may make sense. Drivers might consider broad form coverage if:

• You need the cheapest auto insurance available to you
• You always drive alone
• You drive an older vehicle that you can afford to repair or replace yourself
• You don’t own a car and borrow one from time to time

Drawbacks of broad form car insurance include possible out-of-pocket costs to repair your vehicle, your injuries are not covered, and you cannot add additional coverages.

However, broad form coverage is better than no coverage at all. Around 12% of drivers are uninsured, and driving without at least the minimum amount of car insurance can lead to higher rates, fines, driver’s license suspension, and possible jail time.

What are other ways drivers can save money on car insurance?

Thankfully, there are other ways to save on car insurance than lowering your limits drastically with broad form coverage.

Car insurance discounts are one of the easiest ways to save money. Most insurers offer multiple types of discounts, so there’s something for everyone.

This table shows you common car insurance discounts from the top companies:

Car Insurance Discounts by Company

Discount Name
Adaptive Cruise Control	✓	✓	✓	✓	5%	✓	✓	✓	✓	✓
Adaptive Headlights	✓	✓	✓	✓	5%	✓	✓	✓	✓	✓
Anti-lock Brakes	10%	✓	✓	5%	5%	5%	✓	5%
Anti-Theft	10%	✓		23%	20%	25%	✓	15%
Claim Free	35%	✓	✓	26%	✓	10%	✓	15%	23%	12%
Continuous Coverage		✓	✓		✓	✓	✓	✓	15%	✓
Daytime Running Lights	2%		✓	3%	5%	5%	✓	✓
Defensive Driver	10%	10%	✓	✓	10%	5%	10%	5%	10%	3%
Distant Student	35%	✓	✓	✓	✓	10%	✓		7%
Driver's Ed	10%	✓	✓	✓	10%	✓	10%	15%	8%	3%
Driving Device/App	20%	40%	✓	✓	30%	40%	20%	50%	30%	5%
Early Signing	10%	✓	✓	✓	✓	8%	✓	✓	10%	12%
Electronic Stability Control	2%	✓	✓	✓	5%		✓	✓	✓	✓
Emergency Deployment	✓	✓	✓	25%	✓	✓		✓	✓	✓
Engaged Couple	✓	✓	✓	✓	✓	✓	✓	✓	✓	✓
Family Legacy	✓	✓	✓	✓	✓	✓	✓	✓	✓	10%
Family Plan	✓	✓	✓	✓	✓	25%	✓	✓	✓	✓
Farm Vehicle	10%	✓	✓		✓	✓		✓	✓	✓
Fast 5	✓	✓	✓	✓	✓	✓	✓	✓	✓	✓
Federal Employee	✓	✓		12%	10%	✓		✓	✓	✓
Forward Collision Warning	✓	✓	✓	✓	5%		✓	✓	✓	✓
Full Payment	10%	✓	✓		$50	✓	✓	✓	8%	✓
Further Education	✓	✓			10%	15%		✓		✓
Garaging/Storing	✓	✓	✓		✓	✓	✓	✓		90%
Good Credit			✓	✓	✓		✓		✓	✓
Good Student	20%	✓		15%	23%	10%	✓	25%	8%	3%
Green Vehicle	10%	✓	5%	✓	10%	✓	✓	✓	10%	✓
Homeowner	✓	✓	✓		✓	5%	✓	3%	5%	✓
Lane Departure Warning	✓	✓	✓	✓		✓	✓	✓	✓	✓
Life Insurance	✓	✓	✓	✓	✓	✓	✓	✓	✓	✓
Low Mileage		✓		✓			✓	30%
Loyalty	✓	✓	✓	✓	✓	5%	✓	✓	✓
Married	✓	✓	✓	✓			✓		✓
Membership/Group	✓	✓	✓		10%	7%		✓		✓
Military		✓	✓	15%	4%	✓			✓
Military Garaging	✓	✓	✓	✓	✓	✓	✓	✓	✓	15%
Multiple Drivers	✓	✓	✓	✓	✓	✓	✓	✓	✓	✓
Multiple Policies	10%	29%	✓	10%	20%	10%	12%	17%	13%
Multiple Vehicles		✓	✓	25%	10%	20%	10%	20%	8%
New Address	✓	✓	✓	✓	5%	✓	✓	✓	✓	✓
New Customer/New Plan	✓	✓	✓	✓		✓	✓	✓	✓	✓
New Graduate	✓	✓	✓	✓	5%	✓	✓	✓	✓	✓
New Vehicle	30%	✓	✓	15%	✓			40%	10%	12%
Newly Licensed	✓	✓	✓	✓	5%	✓	✓	✓	✓	✓
Newlyweds	✓	✓	✓	✓	5%	✓	✓	✓	✓	✓
Non-Smoker/Non-Drinker	✓	✓	✓	✓	✓	✓	✓	✓	✓	✓
Occasional Operator	✓	✓	✓	✓	✓	✓	✓	✓	✓
Occupation		✓			10%	15%	✓	✓		✓
On-Time Payments	5%	✓		✓	✓	✓	✓	✓	15%	✓
Online Shopper	✓	✓	✓	✓	✓	✓	7%	✓	✓	✓
Paperless Documents	10%	✓		✓	✓	5%	$50	✓	✓	✓
Paperless/Auto Billing	5%	✓		✓	✓	$30	✓	$20	3%	3%
Passive Restraint	30%	30%		40%		20%	✓	40%
Recent Retirees	✓	✓	✓	✓	4%	✓	✓	✓	✓	✓
Renter	✓	✓	✓	✓	✓	✓	✓	✓	✓	✓
Roadside Assistance	✓	✓	✓	✓	✓	✓	✓	✓	✓	✓
Safe Driver	45%	✓		15%	✓	35%	31%	15%	23%	12%
Seat Belt Use	✓	✓	✓	15%	✓	✓		✓	✓	✓
Senior Driver	10%	✓		✓	✓	✓	✓	✓	✓
Stable Residence	✓	✓	✓	✓	✓		✓	✓	✓	✓
Students & Alumni	✓	✓	✓		10%	7%		✓	✓	✓
Switching Provider	✓			✓	10%	✓		✓	✓	✓
Utility Vehicle	15%	✓	✓		✓	✓		✓	✓	✓
Vehicle Recovery	10%	✓	✓	15%	35%	25%	✓	5%
VIN Etching	✓	✓	✓	✓	5%		✓	✓
Volunteer	✓	✓	✓	✓	✓	✓	✓	✓	✓	✓
Young Driver	✓	✓	✓	✓		✓	✓	✓	✓	$75

Car insurance companies also allow you to bundle your discounts to increase your savings.

Drivers can also consider raising deductibles or changing to usage-based insurance if they don’t drive very many miles.

How to Find the Best Companies for Broad Form Car Insurance

Broad form car insurance is not for every driver and isn’t available in every state. However, if you are looking for the cheapest auto insurance, broad form might be right for you.

Rates from the best companies for broad form car insurance are generally cheaper than liability-only rates from traditional insurers. However, broad form coverage is very limited and may not meet your needs.

Drivers can also save money on car insurance by asking for discounts on their standard coverage. These discounts can make low or full coverage very affordable.

Shop around and compare multiple companies to find the cheapest coverage that fits your needs.

Now that you’ve learned about the best companies for broad form auto insurance, enter your ZIP code to compare quotes from multiple companies near you for free.

Case Studies: Best Broad Form Coverage Car Insurance Company

Case Study 1: Smith Insurance – A Quick and Hassle-Free Claims Process

Mr. Johnson, a policyholder with Smith Insurance, found himself in an unfortunate accident when another driver rear-ended his car. With his broad form coverage, Mr. Johnson was relieved to have Smith Insurance by his side. He promptly filed a claim, and to his surprise, the process was quick and hassle-free.

Smith Insurance promptly dispatched an adjuster who assessed the damage and provided a fair estimate for repairs. Mr. Johnson’s vehicle was repaired within a week, and he received excellent customer service throughout the entire process.

Case Study 2: Reynolds Insurance – Exceptional Customer Support

Ms. Rodriguez, a proud policyholder of Reynolds Insurance, was involved in a minor fender bender while parking her car. She was initially worried about the potential increase in her premium due to the accident. However, Reynolds Insurance provided exceptional customer support and guided her through the claims process.

The insurance representative promptly addressed her concerns and assured her that her premium would not be affected. Ms. Rodriguez appreciated the personalized attention and the peace of mind she received from Reynolds Insurance.

Case Study 3: Anderson Insurance – Extensive Coverage and Affordable Premiums

Mr. Thompson, a frequent traveler, had a unique requirement for his car insurance policy. He needed broad form coverage that would protect him not only within his home state but also during his cross-country trips. Anderson Insurance offered him the perfect solution. With their extensive coverage, Mr. Thompson was protected against a wide range of risks, regardless of where he traveled.

Despite the comprehensive coverage, Anderson Insurance provided affordable premiums, making it an ideal choice for those seeking maximum protection without breaking the bank.

Case Study 4: Wilson Insurance – Convenient Online Services

Ms. Martinez, a busy professional, found Wilson Insurance’s user-friendly online platform convenient for managing her car insurance policy. She could easily access policy documents, make coverage changes, and file claims online. When her car was damaged in a hailstorm, she appreciated the convenience of submitting a claim through the online portal.

Wilson Insurance promptly processed her claim, and she received the necessary funds for repairs without any hassle.

Case Study 5: Davis Insurance – Stellar Reputation and Trust

Mr. Lee, a cautious driver, prioritized trust and reliability when choosing an insurance company. Davis Insurance, with its stellar reputation and long-standing presence in the industry, stood out to him. When he was involved in a hit-and-run incident, he was grateful to have Davis Insurance as his insurer.

The company lived up to its reputation by promptly handling his claim and providing the necessary support. Mr. Lee felt secure knowing that he had a trustworthy partner in Davis Insurance.