Our review will describe the coverage you can get from Auto-Owners insurance. We’ll cover the discounts it offers, what you can expect to pay, its customer satisfaction, and its financial state.
Auto-Owners sets itself apart from other insurance companies due to its specialty coverage for classic and modified cars. So, if you drive a classic or vintage vehicle, it’s worth looking into Auto-Owners. Also, if you modified your vehicle in some way, like with a wheelchair lift, it has coverage options you won’t find elsewhere.
For starters, Auto-Owners insurance offers conventional types of policies:
Additionally, Auto-Owners offers additional a few other unique coverage options:
As you can see, Auto-Owners insurance offers many options and the opportunity to bundle them as needed. And this is good for those who want to purchase more than just auto insurance. Auto-Owners also has a relatively small number of complaints from customers for their auto and other policies.
Finally, there is a pretty long list of discounts offered by Auto-Owners insurance. They include the following:
According to Bankrate, the U.S. average annual cost of individual car insurance is $1,674. Comparatively, NextAdvisor says the average price of an Auto-Owners’ car insurance policy is below average, at $1,351 a year, or $113 per month.
The formulation of insurance quotes is based on many factors that will impact your insurance quote, including location, age, marital status, and driving and credit histories.
Check out how some factors may affect your Auto-Owners rates:
Understandably, car insurance companies formulate premiums based on their risk with a specific driver. That is why the penalties for DUI citations are so high, as drivers under the influence cause as many as one-third of road deaths each year.
The Zebra says that the penalty for driving under the influence could increase your premium by as much as 100%.
At-fault collisions and accidents will inevitably increase your premium. The rule of thumb is to expect a 50% increase in your rate each year for up to five years.
Although your credit history may seem unrelated to how you drive, most insurers, including Auto-Owners, consider it significant. However, this all depends on where you live. A study by The Zebra shows that drivers with a “very poor” FICO credit rating will pay between 65% and 165% more for car insurance depending on the state where they live.
In contrast, this rate hike is illegal in some states. Those states include California, Massachusetts, Michigan, and Hawaii. Of those four states, Auto-Owners Insurance is only available in Michigan.
Forbes Advisor listed Auto-Owners as one of its best car insurance companies last year because the insurer receives so few complaints. It rated the insurer’s Customer Happiness as “Excellent.” Also, Auto-Owners Insurance received a B+ for collision repair and an overall four out of a five score.
According to a J.D. Power 2021 study, Auto-Owners Car Insurance received an above-average rating in customer satisfaction. In addition, it received an above average in the Central United States.
Auto-Owners insurance has expanded to 26 states since its early beginnings in Mount Pleasant, Michigan.
Today, you can find Auto-Owners available in the following states:
| Alabama | Arizona | Arkansas | Colorado |
| Florida | Georgia | Idaho | Illinois |
| Indiana | Iowa | Kansas | Kentucky |
| Michigan | Minnesota | Missouri | Nebraska |
| North Carolina | North Dakota | Ohio | Pennsylvania |
| South Carolina | South Dakota | Tennessee | Utah |
| Virginia | Wisconson |
A.M. Best has given Auto-Owners the Superior A++ rating every year since 1972. This rating signifies that the company can take care of its claims.
So if you are looking for many different options in an insurer, Auto-Owners is a good auto insurance provider for you. It has many policies to choose from, some great discounts, and good ratings overall.
But remember, if you think Auto-Owners might be a good fit for you, be sure to double-check that they offer vehicle coverage in your area. Also, it’s best to shop around for car insurance and obtain quotes from various providers, especially if you’re buying a new or used vehicle. That way, you’ll get the best rate that works for your situation, including if you’re buying a classic car.
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