Compare Group Car Insurance: Rates, Discounts, & Requirements [2024]
Some companies, such as Geico and AAA, offer cheap group car insurance to members and employees of certain organizations. Car insurance for groups can save you up to 20%. Read on to compare group car insurance rates from top insurers and see if you qualify for employer-sponsored car insurance.
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Daniel Walker
Licensed Insurance Agent
Daniel Walker graduated with a BS in Administrative Management in 2005 and has run his family’s insurance agency, FCI Agency, for over 15 years (BBB A+). He is licensed as an insurance agent to write property and casualty insurance, including home, life, auto, umbrella, and dwelling fire insurance. He’s also been featured on sites like Reviews.com and Safeco. To ensure our content is accura...
Licensed Insurance Agent
UPDATED: Jul 17, 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 car insurance decisions. Comparison shopping should be easy. We are not affiliated with any one car insurance company and cannot guarantee quotes from any single company.
Our partnerships don’t influence our content. Our opinions are our own. To compare quotes from top car companies please enter your ZIP code above 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 auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.
UPDATED: Jul 17, 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 car insurance decisions. Comparison shopping should be easy. We are not affiliated with any one car insurance company and cannot guarantee quotes from any single company.
Our partnerships don’t influence our content. Our opinions are our own. To compare quotes from top car companies please enter your ZIP code above to use the free quote tool. The more quotes you compare, the more chances to save.
On This Page
- Group insurance rates are cheaper than purchasing a single personal policy
- Some employers and schools offer group insurance rates
- Comparing group car insurance rates will help drivers find the best deal
Buying group car insurance can give you a number of benefits. In fact, you may already belong to a group through which you can reap those benefits. In some cases, you can find car insurance discounts for group affiliation if you are an employee, an alumnus, or a member of certain organizations.
We know that looking for car insurance can be anything but easy at times, and that’s why we’re here to help you compare group car insurance. Group car insurance quotes could lead to significant savings. How does group car insurance work? In this guide, we’ll be exploring several avenues through which a group car insurance policy might allow you to get cheaper insurance. We’ll also talk about the perks of using group car insurance plans and some restrictions as well.
If you are looking for affordable group car insurance or something else, use our free tool above to find multiple group car insurance quotes.
Compare Group Car Insurance Rates
There are many different ways to get car insurance for groups, from employer- to school-sponsored car insurance. Below, you can see which companies offer affordable group car insurance.
Full Coverage Car Insurance Average Rates by Provider
| Insurance Company | Monthly Rate |
|---|---|
| Allstate | $160 |
| American Family | $117 |
| Farmers | $139 |
| Geico | $80 |
| Liberty Mutual | $174 |
| Nationwide | $115 |
| Progressive | $105 |
| State Farm | $86 |
| Travelers | $99 |
| USAA | $59 |
USAA, Geico, and State Farm offer some of the best rates for full coverage insurance.
Read more:
- Farmers vs. MetLife Car Insurance Comparison
- Farmers vs. The Hartford Car Insurance Comparison
- Farmers vs. Travelers Car Insurance Comparison
- AAA vs. USAA Car Insurance Comparison
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How to Get Group Car Insurance Through Your Employer
Employers are well-known for offering group health plans, but you may be wondering, “Is car insurance offered through an employer?” That option may exist at your place of employment. If it doesn’t, however, you may be able to persuade your employer to look into employee car insurance, especially if you have enough backing from fellow employees.
Larger companies may be more apt than smaller firms to provide group options for car insurance, and they may also be able to provide the biggest perks along with it. This is because more employees lead to more advantages when it comes to insuring a group.
Daniel Walker Licensed Insurance Agent
Employers that are exceedingly large, like state and federal organizations, may be able to offer group insurance options that extend far beyond health and car insurance.
Read more:
- Ameriprise vs. USAA Car Insurance Comparison
- Compare Federal Employee Car Insurance Rates
- Compare Professional Group Member Car Insurance Rates
- Compare State Employee Car Insurance Rates
- Progressive vs. USAA Car Insurance Comparison
The state of Idaho, for example, offers group insurance programs across the board to its current and retired employees as well as their dependents, according to the state’s Office of Group Insurance website.
MetLife Group Car Insurance Programs
MetLife offers group insurance programs to its customers. On their website, this is the case for their life insurance policy and their car insurance policy. Call the MetLife car insurance phone number at 1-844-887-1795. There, you will be able to find out if MetLife offers good car insurance and learn all things MetLife, including MetLife auto claims. (read our “MetLife Car Insurance Discounts” for more information).
If you already are a MetLife member, you may be able to find group opportunities with your MetLife car insurance login. While MetLife car insurance may not be as popular as Progressive car insurance, MetLife car insurance reviews are readily available at your discretion.
If your company does offer a group insurance car option, you will probably have to pay for it out of your own pocket. The price and method would depend on the personalized options you choose with your company. Keep in mind that it would also be affected by the bare minimum car insurance required by state.
Not every employer offers health plans, and not every company provides car insurance group options. In addition, every employee may not be eligible for group car insurance plans.
Requirements may include several different factors, including working a minimum amount of work hours each week, having tenure with the company, or being in a specific profession with the firm.
Find out More About Employer Discount Car Insurance Groups
To find out more about what car insurance group options your employer may offer, if any, you may want to start by contacting your company’s Human Resources Department. The information may also be published in your employee handbook or on the firm’s website.
Like group health insurance offered by your employer, group car insurance could save you a significant amount. Commercial car insurance is worth checking out with your employer.
Group Car Insurance Overview
| Insurance Detail | Summary & Advice |
|---|---|
| Criteria for Eligibility | To be eligible for group insurance, individuals typically need to be alumni, current employees, or members of specific organizations. |
| Benefits of Group Insurance | Due to the collective bargaining power of the large group, group insurance policies usually offer discounted rates. |
| Insurance Providers Offering Group Discounts | A variety of insurance providers offer discounts to individuals who are members of specific groups or affiliations. |
| Range of Potential Discounts | Depending on the insurer and the specifics of the group, members might receive discounts that could reach up to 20% off the standard annual rates. |
| Recommendation | It's recommended that individuals check with their affiliations, like their alma mater or employer, to see if any group insurance discounts are available to them. |
| Specific Alumni Discounts | Alumni from certain institutions may qualify for special discounts, but these can vary based on the provider and the specific agreement with the institution. |
If your employer doesn’t currently offer any sort of group insurance plan for car insurance, ask if they would be open to the possibility. They may be able to get a good deal through the provider they use for health insurance or business insurance. Since many providers offer discounts on insurance premiums to people and companies that purchase multiple policies, this might be beneficial to both your employer and the employees.
If your employer’s insurance provider does not offer auto insurance, consult with an independent insurance agency to find out about the best options for a group car insurance plan for the company.
How to Find Group Car Insurance Through Schools
Full-time high school students often get a break with car insurance discounts if they maintain good grades. But current students are not the only ones who may get a break on car insurance rates. Geico is one company that offers discounts to alumni of certain schools. Geico offers up to eight percent off insurance rates for alumni.
Depending on where you received your advanced education or additional training beyond high school, you may be part of a group that has a car insurance option already in place. Colleges or trade schools may offer car insurance group options, with one example coming from the City University of New York (CUNY).
Car insurance discounts are on the list of the many benefits that come with being a CUNY alumnus, according to the benefits segment of the Alumni Association website. Alumni benefits include discounts on a number of other items as well. Among those benefits are:
- Home insurance
- Dining and travel
- Theater and movie tickets
- Access to CUNY libraries, professional development, and continuing education programs
To be eligible for the benefits that come from being a graduate of a specific school or institution, you are usually required to officially join that particular alumni organization or group as a paying member.
The price of annual membership, however, can balance out the money you save if you take advantage of the car insurance breaks and other cash-saving benefits. Schools may require graduation as a term for membership rather than attendance. Find out more about group options through your school by contacting the development staff or alumni office.
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How to Find Group Car Insurance Through Organizations
If you belong to a professional group, can you get cheaper car insurance rates? Your profession or interests may also come into play for car insurance group options if you are part of a professional group or organization.
Read more: How Occupation Affects Car Insurance
Many vocations have one or more professional groups associated with them, such as societies for journalists, attorneys, accountants, teachers, and actors. Honorary groups and societies are another set of organizations that may offer car insurance group options to their members.
One example is the Golden Key International Honor Society, which lists insurance discounts as one of the membership benefits on the official website. Membership also merits additional discounts from banks and bookstores.
Even if the group is not related to your profession or education, those that focus on special interests may also offer group options for car insurance. These may include organizations for individuals interested in certain activities and hobbies, such as gardeners, train enthusiasts, or independent contractors.
Learn more: Compare Independent Contractor Car Insurance Rates
The field can be wide open for membership perks from each particular group, depending on the size, budget, and connections of each specific organization.
Because the perks that come with being a paying member of a particular organization are usually a huge selling point, you may be able to research the availability of car insurance group options directly on an organization’s website and compare professional group member car insurance rates. If not, you can always contact the head of the group or chapter in your area to glean the specifics.
Benefits of Group Car Insurance
Perhaps the biggest benefit of obtaining car insurance as part of a group rather than an individual is the cost when you compare commercial vs. personal car insurance policies. Because insurance companies are extending coverage to a larger amount of people, they can offer prices that allow each individual to save money. In terms of a discount, a group plan can vary from company and policy. However, the discount can be as much as 20 percent.
If the car insurance company is saving money by working with a group, they can more easily pass along the savings to members of the group.
Car insurance companies may also be able to offer other discounts in addition to lower premiums. These include:
- Discounts for parking in select parking garages or facilities
- Discounts on car rentals and accessories
- Services related to your car, such as towing or repairs
Group car insurance plans may also allow for greater flexibility when it comes to the method of payment. For instance, some companies may allow you to automatically pay your premiums through payroll deductions that may be pre-tax. Or you may get additional leeway when it comes to setting up payment plans, such as those scheduled on a monthly, annual, or semi-annual basis.
In order to encourage loyalty to your employer as well as the car insurance company, your car insurance policy could also become less expensive the longer you remain employed.
Tenure discounts may be the term you hear relating to such a break. Car insurance companies may offer similar discounts to individuals, calling them loyalty discounts.
Drawbacks of Group Car Insurance Plans
Anyone who is a free spirit may dislike the idea of a group plan due to the potential limitations it may impose. An organization that offers insurance on a group of cars may only do so through a specific car insurance carrier.
That means you may have to abandon a company you have long enjoyed while setting up a trusting relationship with a new one. This can particularly backfire if the car insurance company offered as part of your group plan has its own set of detriments, such as:
- Poor customer satisfaction
- An unstable financial portfolio
- Harsh or ridiculous guidelines for filing claims
- Sparse coverage
If you leave or lose your job for any reason, you are also out of the group car insurance plan. While you may be able to retain the same type of coverage and level of car insurance with the same insurance company, you can probably bet your rates will increase, and you’ll no longer enjoy the perks that came with being part of a larger group.
The same potential hazards apply if you drop out of any organization from which you received a car insurance group plan option.
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Best Ways to Shop for Cheap Group Car Insurance
One of the top tips for getting the best insurance coverage at the best rates is to compare various car insurance companies. These rates may be cheaper through a group policy, so keep that in mind while comparing companies.
The group car insurance rate may weigh in cheaper than an individual rate all around, but you should still look at other factors that are just as important as a low premium.
These include customer satisfaction, ease and convenience of filing claims, company reputation, a strong financial strength, and how comfortable you are with the company’s policies.
And while this may not apply if you are offered only one company option for group plans, you can still compare other companies to make sure you are getting the best deal on business car insurance.
Ensure You Meet Your State’s Car Insurance Requirements
Also, be sure that you are getting the state’s legal requirements when you are looking for car insurance. Here’s a look at minimum car insurance by state.
Liability Car Insurance Requirements by State
| State | Coverages | Limits |
|---|---|---|
| Alaska | BI & PD Liability | 25/50/25 |
| Alabama | BI & PD Liability | 50/100/25 |
| Arkansas | BI & PD Liability | 15/30/10 |
| Arizona | BI & PD Liability, PIP | 25/50/25 |
| California | BI & PD Liability | 15/30/5 |
| Colorado | BI & PD Liability | 25/50/15 |
| Connecticut | BI & PD Liability, UM, UIM | 25/50/20 |
| District of Columbia | BI & PD Liability, PIP | 25/50/10 |
| Delaware | BI & PD Liability, UM | 25/50/10 |
| Florida | PD Liability, PIP | 10/20/10 |
| Georgia | BI & PD Liability | 25/50/25 |
| Hawaii | BI & PD Liability, PIP | 20/40/10 |
| Iowa | BI & PD Liability | 25/50/15 |
| Idaho | BI & PD Liability, UM, UIM | 25/50/20 |
| Illinois | BI & PD Liability | 25/50/25 |
| Indiana | BI & PD Liability | 20/40/15 |
| Kansas | BI & PD Liability, PIP | 25/50/25 |
| Kentucky | BI & PD Liability, PIP, UM, UIM | 25/50/25 |
| Louisiana | BI & PD Liability | 15/30/25 |
| Massachusetts | BI & PD Liability, UM, UIM, Medpay | 50/100/25 |
| Maryland | BI & PD Liability, PIP, UM, UIM | 30/60/15 |
| Maine | BI & PD Liability, PIP | 20/40/5 |
| Michigan | BI & PD Liability, PIP | 20/40/10 |
| Minnesota | BI & PD Liability, PIP, UM, UIM | 30/60/10 |
| Missouri | BI & PD Liability | 25/50/25 |
| Mississippi | BI & PD Liability, UM | 25/50/25 |
| Montana | BI & PD Liability | 25/50/20 |
| North Carolina | BI & PD Liability, UM, UIM | 25/50/25 |
| North Dakota | BI & PD Liability | 25/50/20 |
| Nebraska | FR only | 25/50/25 |
| New Hampshire | BI & PD Liability, PIP, UM, UIM | 15/30/5 |
| New Jersey | BI & PD Liability | 25/50/10 |
| New Mexico | BI & PD Liability, PIP, UM, UIM | 25/50/10 |
| Nevada | BI & PD Liability, UM, UIM | 30/60/25 |
| New York | BI & PD Liability, PIP, UM, UIM | 25/50/25 |
| Ohio | BI & PD Liability | 25/50/25 |
| Oklahoma | BI & PD Liability | 25/50/25 |
| Oregon | BI & PD Liability, PIP, UM, UIM | 25/50/20 |
| Pennsylvania | BI & PD Liability, PIP | 15/30/5 |
| Rhode Island | BI & PD Liability | 25/50/25 |
| South Carolina | BI & PD Liability, UM, UIM | 25/50/25 |
| South Dakota | BI & PD Liability, UM, UIM | 25/50/25 |
| Tennessee | BI & PD Liability | 25/50/15 |
| Texas | BI & PD Liability, PIP | 30/60/25 |
| Utah | BI & PD Liability, PIP | 25/65/15 |
| Virginia | BI & PD Liability, UM, UIM | 25/50/10 |
| Vermont | BI & PD Liability, UM, UIM | 25/50/20 |
| Washington | BI & PD Liability | 25/50/10 |
| Wisconsin | BI & PD Liability, UM, UIM | 25/50/25 |
| West Virginia | BI & PD Liability, UM, Medpay | 25/50/10 |
| Wyoming | BI & PD Liability | 25/50/20 |
Remember, the minimum insurance in the table above does not provide a lot of coverage. Liability insurance only covers other drivers’ damages after an accident you cause.
To have your own damages covered, you will need to add collision and comprehensive coverage to your auto policy. Doing so will raise your car insurance premium, but you’ll be covered for just about every situation. If you have a new car, it is especially important to carry the right coverage.
Read more: How much car insurance coverage do I need for a new car?
Look for Group Car Insurance Discounts From Top Companies
There are a number of companies that offer affordable group car insurance discounts. Take a look at them below.
Group Car Insurance Discounts by Provider
| Insurance Company | Savings Earned |
|---|---|
| 21st Century | 10% |
| AAA | 5% |
| Allstate | 15% |
| American Family | 8% |
| Ameriprise | 6% |
| Amica | 10% |
| Country Financial | 7% |
| Esurance | 5% |
| Farmers | 12% |
| Geico | 7% |
| Liberty Mutual | 8% |
| Metlife | 6% |
| Nationwide | 4% |
| Progressive | 6% |
| Safe Auto | 3% |
| Safeco | 7% |
| State Farm | 12% |
| The General | 3% |
| The Hanover | 5% |
| The Hartford | 9% |
| Travelers | 8% |
| USAA | 10% |
Read more:
- Allstate vs. AAA Car Insurance Comparison
- Allstate vs. Amica Car Insurance Comparison
- Esurance vs. Geico vs. Progressive Car Insurance Comparison
These group discounts come in the form of multiple-vehicle discounts, family plan discounts, and more. We’ve broken down which companies offer which types of group discounts below.
Group Car Insurance Discounts Offered by Provider
| Insurance Company | Family Plan | Multiple Drivers | Multiple Policies | Multiple Vehicles | Estimated Savings |
|---|---|---|---|---|---|
| 21st Century | ✔ | ✔ | ✔ | ✔ | 10-15% |
| AAA | ✔ | ✔ | ✔ | ✔ | 10-20% |
| Allstate | ✔ | ✔ | ✔ | ✔ | 10-20% |
| American Family | $234 to $351/month | $234 to $351/month | $234 to $351/month | $234 to $351/month | 10-20% |
| Ameriprise | ✔ | ✔ | ✔ | ✔ | 10-15% |
| Amica | ✔ | ✔ | ✔ | ✔ | 10-25% |
| Country Financial | ✔ | ✔ | ✔ | ✔ | 10-15% |
| Esurance | ✔ | ✔ | ✔ | ✔ | 10-20% |
| Farmers | ✔ | ✔ | ✔ | ✔ | 10-25% |
| Geico | ✔ | ✔ | ✔ | ✔ | 15-25% |
| Liberty Mutual | ✔ | ✔ | ✔ | ✔ | 10-20% |
| MetLife | ✔ | ✔ | ✔ | ✔ | 10-15% |
| Nationwide | ✔ | ✔ | ✔ | ✔ | 10-20% |
| Progressive | ✔ | ✔ | ✔ | ✔ | 10-25% |
| Safe Auto | ✔ | ✔ | ✔ | ✔ | 10-15% |
| Safeco | ✔ | ✔ | ✔ | ✔ | 10-25% |
| State Farm | ✔ | ✔ | ✔ | ✔ | 15-25% |
| The General | ✔ | ✔ | ✔ | ✔ | 10-15% |
| The Hanover | ✔ | ✔ | ✔ | ✔ | 10-20% |
| The Hartford | ✔ | ✔ | ✔ | ✔ | 10-20% |
| Travelers | $214 to $321/month | $214 to $321/month | $214 to $321/month | $214 to $321/month | 10-20% |
| USAA | ✔ | ✔ | ✔ | ✔ | 10-25% |
You can also ask about additional discounts that may apply, even beyond the group rate discount you may already be getting.
You may be offered a reduced premium for things like being a good driver, low annual mileage, and having a number of safety and security features installed on your vehicle. It’s always worth talking to your insurance provider and asking about any special discounts you might not know about.
Car Insurance Discounts Offered by Top Providers
| Adaptive Cruise Control | Farm Vehicle | Military | Paperless/Auto Billing |
| Adaptive Headlights | Fast 5 | Military Garaging | Passive Restraint |
| Anti-lock Brakes | Federal Employee | Multiple Drivers | Recent Retirees |
| Anti-Theft | Forward Collision Warning | Multiple Policies | Renter |
| Claim Free | Full Payment | Multiple Vehicles | Roadside Assistance |
| Continuous Coverage | Further Education | New Address | Safe Driver |
| Daytime Running Lights | Garaging/Storing | New Customer/New Plan | Seat Belt Use |
| Defensive Driver | Good Credit | New Graduate | Senior Driver |
| Distant Student | Good Student | Newer Vehicle | Stable Residence |
| Driver's Ed | Green Vehicle | Newly Licensed | Students & Alumni |
| Driving Device/App | Homeowner | Newlyweds | Switching Provider |
| Early Signing | Lane Departure Warning | Non-Smoker/Non-Drinker | Utility Vehicle |
| Electronic Stability | Life Insurance | Occasional Operatior | Vehicle Recovery |
| Emergency Deployment | Low Mileage | Occupation | VIN Etching |
| Engaged Couple | Loyalty | On Time Payments | Volunteer |
| Family Legacy | Married | Online Shopper | Young Driver |
| Family Plan | Membership/Group | Paperless Documents |
Read more:
- Engaged Couple Car Insurance Discounts
- Vehicle Recovery Car Insurance Discounts
- Volunteer Car Insurance Discounts
If you don’t ask, you may never know about these additional discounts.
Ready to buy group car insurance? Now that you know more about group car insurance, start comparing and finding multiple group car insurance rates today. Enter your ZIP code in our free tool.
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Frequently Asked Questions
How do you get auto group insurance through your employer?
Contact your company’s HR department or check the employee handbook for information on group car insurance options. Larger companies are more likely to offer group insurance.
How do you get group car insurance through schools?
Some schools offer car insurance discounts to alumni. Check with your school’s alumni office or development staff to find out if they have a group car insurance option.
How do you find insurance groups for cars through organizations?
Professional and special interest organizations may offer group car insurance. Check the organization’s website or contact them directly for information on group insurance options.
What are the benefits of insurance car groups?
Group car insurance can save you money, with discounts of up to 20%. Other benefits may include additional discounts, flexible payment options, and loyalty discounts for long-term employment.
What are the top five group insurance companies?
The top five insurance companies in the U.S. by market share are State Farm, Geico, Progressive, Allstate, and USAA.
What does it mean when it says insurance group?
Insurance car groups refer to what level of risk an insurance company assigns you.
Who qualifies for group car insurance?
Most drivers will qualify for car insurance for groups if they insure more than one car with a company.
Which group pays the most for car insurance?
Out of the car insurance groups that pay the most for auto insurance, teenagers pay the highest rates. You can learn more about how age affects rates in our article that helps you compare car insurance rates by age and gender.
What is the cheapest car insurance group?
Out of all the car insurance groups, drivers with clean driving records have the cheapest rates.
Can I add or remove members from my group car insurance?
Yes, you can add and remove drivers from car insurance groups.
Free Car Insurance Comparison
Enter your ZIP code below to view companies that have cheap car insurance rates.
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Daniel Walker
Licensed Insurance Agent
Daniel Walker graduated with a BS in Administrative Management in 2005 and has run his family’s insurance agency, FCI Agency, for over 15 years (BBB A+). He is licensed as an insurance agent to write property and casualty insurance, including home, life, auto, umbrella, and dwelling fire insurance. He’s also been featured on sites like Reviews.com and Safeco. To ensure our content is accura...
Licensed Insurance Agent
Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.