Best Car Insurance Company for Drivers With Accidents (2024)
The best car insurance companies for people with accidents are GEICO and State Farm. On average, accidents increase your auto insurance rates by 24%. You can lower your monthly auto insurance rates by 51% if you get liability-only coverage, but full coverage is recommended. If you need more insurance, shop around and compare rates from the best car insurance companies for people with accidents.
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Ty Stewart
Licensed Insurance Agent
Ty Stewart is the founder and CEO of SimpleLifeInsure.com. He started researching and studying about life insurance when he got his first policy for his own family. He has been featured as a life insurance expert speaker at agent conventions and in top publications. As an independent licensed life insurance agent, he has helped clients nationwide to secure affordable coverage while making the...
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UPDATED: Sep 20, 2024
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Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different insurance companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.
Editorial Guidelines: We are a free online resource for anyone interested in learning more about insurance. Our goal is to be an objective, third-party resource for everything insurance related. We update our site regularly, and all content is reviewed by insurance experts.
UPDATED: Sep 20, 2024
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident insurance decisions. Comparison shopping should be easy. We are not affiliated with any one insurance provider and cannot guarantee quotes from any single provider.
Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different insurance companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.
On This Page
- Accidents increase car insurance rates by 24%
- GEICO and State Farm are the cheapest car insurance companies for people with accidents
- If you have too many accidents, you’ll need high-risk car insurance
Are you searching for the best car insurance companies for people with accidents? Car insurance rates vary for each person, but accidents can drive up insurance costs.
With the right auto insurance company, you can save even more if an accident is on your record.
Don’t worry – our guide explains which companies have affordable car insurance for people with accidents and we’ll show you how to get cheap car insurance after an accident.
After you learn more about the best car insurance companies for people with accidents, enter your ZIP code in the free online quote tool above to compare multiple companies near you.
Where can I find the cheapest car insurance company for people with accidents?
Start with the best insurance companies in the auto insurance industry if you’re not sure where to look.
Here are the top 10 car insurance companies in the United States and their average monthly rates.
Full Coverage vs. Liability-Only Coverage: Average Monthly Car Insurance by Company & Driving Record
| Companies | Full Coverage Car Insurance Rates with a Clean Driving Record | Full Coverage Car Insurance Rates Based with One Accident | Liability-Only Car Insurance Rates with a Clean Driving Record | Liability-Only Car Insurance Rates with One Accident |
|---|---|---|---|---|
| Allstate | $318 | $416 | $162 | $212 |
| American Family | $224 | $310 | $114 | $158 |
| Farmers | $288 | $377 | $147 | $192 |
| GEICO | $179 | $266 | $91 | $136 |
| Liberty Mutual | $398 | $517 | $203 | $264 |
| Nationwide | $229 | $283 | $117 | $144 |
| Progressive | $283 | $398 | $144 | $203 |
| State Farm | $235 | $283 | $120 | $144 |
| Travelers | $287 | $357 | $147 | $182 |
| USAA | $161 | $210 | $82 | $107 |
| Average | $260 | $342 | $133 | $174 |
State Farm, GEICO, and Nationwide are the cheapest auto insurance companies for people with accidents.
USAA is an affordable company, but it’s only available to the military and their immediate families.
We included liability-only insurance to show you different angles of car insurance costs.
Liability auto insurance is the minimum requirement in most states. Full coverage car insurance is only needed if you’re still making payments on your vehicle.
Read more: Cheapest Car Insurance Companies
Can smaller insurance companies provide cheap car insurance for people with accidents?
The answer is yes.
Smaller companies don’t have the same reach as significantly larger companies, but auto insurance companies like Auto-Owners, Chubb, Erie Insurance, and North Carolina Farm Bureau carry affordable rates, also.
Read more:
- What discounts are available for Auto-Owners car insurance customers?
- Best North Carolina Car Insurance
- Chubb Insurance Company Review & Complaints: Auto, Home, and Business Insurance
However, several factors determine whether affordable car insurance is available to you.
The most significant factor is your driving history. A bad driving record can increase your rates by at least 24%.
Auto insurance companies also use your address as a factor. Car insurance companies can even narrow down your factors based on the city where you live.
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How do accidents affect your driving record?
One accident can drive up your auto insurance rates. Multiple accidents within a short period can place you in a high-risk pool.
Once you’re in a high-risk pool, your DMV may require you to enroll in SR-22. Your auto insurance company usually forgives first-time minor car accidents.
Vehicle accidents that cause a significant amount of bodily injury and property damage go on your driving record.
The three years is the look-back period in which car insurance companies determine if you’re a risky driver, so your auto insurance rates will be more expensive for at least three years.
Getting insurance after an accident can be complicated at first. But there’s a way to make your car insurance shopping much easier.
How do I get car insurance for people with accidents on their driving record?
You should be up front about your accident during the quote process. Getting affordable auto insurance with a bad driving record is possible.
Car insurance companies can check your insurance history to see if you’ve had any accidents and claims.
We recommend targeting car insurance discounts to cancel out the increase in prices. Continue reading to learn more.
What discounts can lower car insurance rates for people with accidents?
Instead of switching car insurance after an accident, try focusing on eligible discounts. If you meet the right circumstances, you can reduce the 24% increase from accidents.
Here’s a list of auto insurance discounts that can bring down expensive rates.
- Anti-Theft Discount – Up to 25%
- Distant Student Discount – Up to 35%
- Driving Device/App Discount – At Least 10%
- Good Student Discount – About 25%
- Multiple Policies Discount – Varies
- Multiple Vehicles Discount – Varies
- Newer Vehicle Discount – Varies
These are only a few examples. Qualifying for a few auto insurance deals lowers car insurance quotes for people with accidents.
Read more: Car Insurance Discount for Multiple Vehicles
Why should I shop at the best car insurance companies?
Shopping with the best insurance companies ensures that you get reliable coverage at a reasonable price.
Also, the best auto insurance companies are better with claims. The A.M. Best ratings show the financial strength ratings and how well companies pay out claims.
Check out the car insurance company summary from A.M. Best.
Top Car Insurance Companies A.M. Best Ratings
| Car Insurance Companies | A.M. Best Ratings |
|---|---|
| Allstate | A+ (Superior) |
| American Family | A (Excellent) |
| Farmers | A (Excellent) |
| GEICO | A++ (Superior) |
| Liberty Mutual | A (Excellent) |
| Nationwide | A+ (Superior) |
| Progressive | A+ (Superior) |
| State Farm | A++ (Superior) |
| Travelers | A++ (Superior) |
| USAA | A++ (Superior) |
Read more: Farmers vs. State Farm Car Insurance: Expert Recommended
A.M. Best is one of the best rating agencies for insurance companies. A.M. is also a national insurance rating agency.
Therefore, the “A” ratings that a company has in New York will be the same in Nevada.
Any smaller company working under parent companies will share the same A.M. Best rating as the parent company.
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Case Studies: Best Car Insurance Companies for Drivers With Accidents
Case Study 1: GEICO
One customer, Sarah, was involved in a car accident that resulted in significant damage to her vehicle. Despite having an accident on her record, she was able to find affordable car insurance with GEICO.
With their competitive rates and willingness to work with drivers who have accidents on their record, Sarah was able to save money on her insurance premiums while still receiving the coverage she needed.
Case Study 2: State Farm
Another driver, Mark, had multiple accidents within a short period, which placed him in a high-risk pool. He was worried that he wouldn’t be able to find affordable car insurance due to his driving record.
However, State Farm was able to provide him with coverage at a reasonable price. They took into account his accident history but also offered him various discounts to help lower his rates.
Case Study 3: Auto-Owners
A driver named Lisa was looking for car insurance after a recent accident. She decided to explore smaller insurance companies and found Auto-Owners. Despite not being as well-known as some larger companies, Auto-Owners offered her affordable rates and the coverage she needed. By considering smaller companies, Lisa was able to find a suitable option that fit her budget.
Best Car Insurance Companies for People with Accidents: The Bottom Line
Accidents can drive up your auto insurance rates. If you qualify for several discounts, you can prevent car insurance expenses from going up.
Before you buy car insurance from the best car insurance companies for people with accidents, use our free online quote tool to compare multiple companies in your local area.
Read more: Can I buy car insurance online?
Frequently Asked Questions
What is the best car insurance company for drivers with accidents?
There is no one “best” car insurance company for drivers with accidents, as it can depend on a variety of factors, including the driver’s location, driving record, and other personal factors. However, some of the top car insurance companies for drivers with accidents include:
- Geico
- State Farm
- Progressive
Can drivers with accidents still get car insurance?
Yes, drivers with accidents can still get car insurance. However, they may need to pay higher premiums due to their increased risk of getting into accidents again in the future.
How do car insurance companies determine rates for drivers with accidents?
Car insurance companies typically determine rates for drivers with accidents based on several factors, including:
- severity and frequency of the accidents
- driver’s age
- gender
- location
- driving record
What should drivers with accidents look for in a car insurance policy?
Drivers with accidents should look for a car insurance policy that provides adequate coverage for their needs, including:
- liability coverage
- collision coverage
- comprehensive coverage
They should also look for a policy with a reasonable deductible and affordable premiums.
Can drivers with accidents save money on car insurance?
Yes, drivers with accidents can save money on car insurance by taking steps to improve their driving record, such as:
- completing a defensive driving course
- maintaining a clean driving record
- choosing a car with advanced safety features.
Should drivers with accidents choose a higher deductible to save money on car insurance?
It depends on the individual driver’s financial situation and their willingness to take on more risk. Choosing a higher deductible can lower monthly premiums, but it also means that the driver will need to pay more out of pocket if they get into an accident. Drivers should weigh the potential savings against their ability to pay for a higher deductible in the event of an accident.
How can drivers with accidents compare car insurance policies?
Drivers with accidents can compare car insurance policies by researching different companies and their coverage options, getting quotes from multiple insurers, and considering factors such as premiums, deductibles, and coverage limits. They may also want to read customer reviews and ratings to get a sense of each company’s reputation for customer service and claims handling.
Are you looking for free insurance quotes?
Your one-stop online insurance guide. Get free quotes now!
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Ty Stewart
Licensed Insurance Agent
Ty Stewart is the founder and CEO of SimpleLifeInsure.com. He started researching and studying about life insurance when he got his first policy for his own family. He has been featured as a life insurance expert speaker at agent conventions and in top publications. As an independent licensed life insurance agent, he has helped clients nationwide to secure affordable coverage while making the...
Licensed Insurance Agent
Editorial Guidelines: We are a free online resource for anyone interested in learning more about insurance. Our goal is to be an objective, third-party resource for everything insurance related. We update our site regularly, and all content is reviewed by insurance experts.