Buy Home and Car Insurance Online (2024)

FAQs

Is it OK to buy insurance online? ›

Yes, nearly every major insurer offers a way to get quotes for car insurance online, though some require you to contact an agent before you can finalize your purchase. However, many companies allow you to complete the entire process on the internet, from quote to purchase.

There's a good chance you will save money by bundling your home insurance with another policy such as your automobile, boat, RV, or life insurance. Your specific savings will vary, depending on where you live, how many policies you bundle, your credit rating, your claim history, and other factors.

State Farm, Auto-Owners and Erie provide the cheapest homeowners insurance, based on the MarketWatch Guides team's review. We based our top picks on the most affordable options for customers across a variety of situations and backgrounds, including various credit scores and claim histories.

Liberty Mutual can be cheap because of its savings opportunities and overall market share. The company's safe driving program RightTrack can help policyholders save up to 30% on their premiums. Liberty Mutual also has many other discounts for military members, homeowners and good students.

Online car insurance policies are generally cheaper than those offered by insurance agents as these don't include commissions and other fees. Most auto insurance companies also offer discounts if you purchase car insurance online. However, using an agent has its share of benefits.

You can comparison shop when you look for car insurance coverage online, getting quotes from several providers to find the best car insurance rates for your profile. Buying online could also be cheaper because you won't pay agent commissions or other fees as you might when obtaining an auto policy in person.

State Farm is the biggest auto insurance company in the country by market share, while Progressive, Geico and Allstate are the next three.

Why homeowners insurance rates are rising. Several factors are making homeowners insurance more expensive: The increase in the number and severity of hurricanes, floods, tornadoes and other harsh weather has led to a spike in claims in many parts of the country.

What is the minimum amount of homeowners insurance? ›

The minimum amount of car insurance you'll typically need is state-required liability coverage. This allows you to pay for some, if not all, injuries and damages you're liable for in an accident. The most commonly required liability limits are $25,000/$50,000/$25,000, which mean: $25,000 in bodily injury per person.

Carriers typically determine your insurance score by combining your credit score and claims history, among other factors. A lower insurance score generally means higher premiums, so if your credit took a dip or you filed a claim or two in 2022, that may be the reason your homeowners insurance went up.

Is Liberty Mutual cheaper than Geico? No, Liberty Mutual car insurance is not cheaper than Geico. A policy from Liberty Mutual costs 30% more than one from Geico, on average. In fact, Liberty Mutual is more expensive than many major insurers — a minimum-coverage policy costs 20% more than the national average.

Progressive: Customer Experience. Liberty Mutual has slightly higher customer satisfaction ratings than Progressive. In terms of overall satisfaction with the auto insurance quotes process, Liberty Mutual pulls ahead according to the 2023 J.D. Power U.S. Insurance Shopping Study^℠.

Liberty Mutual ranked below Allstate for claims satisfaction in 2023, according to J.D. Power. However, it outscored Allstate in overall customer satisfaction in the J.D. Power 2023 U.S. Insurance Shopping Study℠. The table below gives a more in-depth look at the customer experience ratings for the two insurers.

Many insurance companies let you buy a policy online without going through an agent. Some companies, like Progressive and Liberty Mutual, even offer discounts for buying a policy online. You can save around $98 per month on a full coverage policy by comparing online quotes and choosing the cheapest rate.

This convenience also reduces wait times and eliminates the need to take time off from work to meet with an insurance agent. In addition to convenience, online insurance allows customers to review and compare policies at their own pace without feeling pressured by a salesperson.

Through online payment, you can pay your premium anytime and anywhere on a timely basis. This is an easy way to pay your insurance premiums conveniently without any hassle. We provide a wide range of payment options that are safe & secure.

Buying insurance directly without the help of an agent gives you more freedom to adjust coverages, and you'll be able to see auto insurance quotes online for yourself. However, there may be follow-up calls and emails or you may find that websites can provide less information than speaking directly with an agent.