As of 2016, three affordable car insurance companies are Progressive, Farmers Insurance, and Nationwide Insurance, according to a ranking at Reviews.com. The site most highly recommends Progressive, and provides a comparison of companies on the basis of price, availability of discounts, policy and vehicle coverage, and turnaround on claims.
Positive aspects of Progressive include comprehensive policies, inexpensive rates that are up to $500 cheaper than other insurance companies, and the company's 18 available discounts. Progressive also has a good mobile app, and A.M. Best rating of A+, and its rental reimbursement policy.
Farmer's Insurance also offers a variety of insurance policy discounts, with a total of 16 discounts, including one for using safety equipment. Other advantages of Farmers Insurance are its comprehensive vehicle protection plan, an A.M. Best rating of A, the ease of filing claims anytime, and reimbursements on rental cars.
Nationwide Insurance is another high-ranking affordable car insurance company. Nationwide includes a vanishing deductible policy that can save $100 for each year without an accident. The company also offers quick turnaround on claims, 11 discounts, and reimbursements for rental cars. Other vehicle coverage options include GAP insurance and coverage for mechanical breakdowns. Nationwide Insurance also received an A+ rating from A.M. Best.