Best Auto Insurance Companies That Offer Cash Back for Safe Drivers (2024)
Your safe driving habits can help you save money. Many insurers provide great discounts including auto insurance companies that offer cash back for safe drivers. Allstate even provides a safe drivers bonus refund to its customers who do not get into an accident for six months. These benefits and more can help minimize the cost of your annual car insurance rates.
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Daniel Walker
Licensed Auto 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 Auto Insurance Agent
UPDATED: Jun 21, 2023
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Advertiser Disclosure: We strive to help you make confident auto insurance decisions. Comparison shopping should be easy. We are not affiliated with any one auto insurance provider and cannot guarantee quotes from any single provider. Our partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different 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 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: Jun 21, 2023
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident auto insurance decisions. Comparison shopping should be easy. We are not affiliated with any one auto insurance provider and cannot guarantee quotes from any single provider. Our partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different 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
- Being a safe driver can benefit you in many ways, including earning you money
- Through the Allstate safe drivers bonus refund, drivers are able to save up to 5% on their rates, with some restrictions
- Utilizing cash back and discount programs can help drivers save up to 35% annually
There are quite a few auto insurance companies that offer cash back for safe drivers. No matter which company you go with, a safe driving record can significantly cut down on your car insurance rates.
There are many factors that affect auto insurance rates, and consistently safe driving is a major contributor to the price of your insurance rates.
As a driver with no infractions on your record, you are demonstrating that you are responsible and care about your safety and your investment in your vehicle. These are exactly the things insurance companies want to see.
Before learning more about auto insurance companies that offer cashback for safe drivers, enter your ZIP code above to instantly compare insurance rates near you.
Company Facts
Average Monthly Rate For Good Drivers
A.M. Best Rating
Complaint Level
Pros & Cons
Company Facts
Average Monthly Rate For Good Drivers
A.M. Best Rating
Complaint Level
Pros & Cons
Company Facts
Average Monthly Rate For Good Drivers
A.M. Best Rating
Complaint Level
Pros & Cons
Free Auto Insurance Comparison
Compare Quotes From Top Companies and Save
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Free Auto Insurance Comparison
Enter your ZIP code below to view companies that have cheap auto insurance rates.
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What auto insurance companies are best for safe drivers?
Car insurance rates are calculated differently from company to company. It can sometimes be difficult to discern exactly which company is the best choice within your budget.
Securing cheap auto insurance rates is sometimes easier said than done. However, comparing the leading insurance providers in the country can help demystify the process.
Insurance Rates for Drivers with Clean Driving Records
Insurance Provider | Average Monthly Rate (USD) |
---|---|
Allstate | $211 |
Farmers | $177 |
Geico | $142 |
Liberty Mutual | $215 |
Nationwide | $149 |
Progressive | $147 |
State Farm | $117 |
USAA | $106 |
According to this data, USAA and State Farm typically offer the cheapest rates for good drivers. Remember, your personal rates may vary. This information does not take other additional discounts and cash back programs into account.
Slightly higher auto insurance rates from companies that offer cash back for safe drivers can be excused in favor of later cash back payouts.
For example, Allstate does not have the lowest rates upon first glance, but safe drivers can enjoy cash back in the form of a safe drivers bonus refund.
Auto insurance quotes from companies that offer cash back for safe drivers do not include the savings you can make over time. With these added bonuses, it’s easy to lower your monthly rates with just your safe driving habits.
Auto Insurance Companies That Offer Cash Back for Safe Drivers
Allstate is one of the few auto insurance companies that offer cash back for safe drivers through the safe drivers bonus refund. But, what is the safe drivers bonus refund?
The safe drivers bonus refund is a program for Allstate customers who do not file a claim within a certain period of time.
https://www.youtube.com/watch?v=bg5smPoOWOo&ab_channel=Allstate
Essentially, drivers will receive a bonus check for every six months they go without an accident. Allstate customers can opt into the safe drivers bonus refund program online or through their agent.
How much is the safe driving bonus from Allstate?
The safe drivers bonus refund does have some limits and restrictions. Through the program, a safe driver can receive up to 5% of their policy insurance premium. This amount is then applied to their renewal policy.
For example, a driver that pays $500 total for their six months of car insurance coverage is then eligible to receive $25 for their next policy term.
Auto Insurance Companies That Don’t Offer Cash Back for Safe Drivers
Most car insurance companies will provide substantial benefits for safe drivers. However, many of them do not include direct cash back programs.
The Insurance Information Institute indicates that securing a good discount on your car insurance can go a long way.
Insurers like Farmers, Liberty Mutual, and Nationwide, among others, only provide discounts to a safe driver’s policy. While these are not exactly as rewarding as a check in the mail, they can still help you save big.
Best Auto Insurance Discounts for Good Drivers
Utilizing car insurance discounts is a great way to cut down on your insurance costs. These discounts are special offers that can help you save up to 35% on your annual premium. Many companies offer a variety of discounts, including policy, driver, and vehicle discounts.
Here is a comprehensive overview of six car insurance discounts you should ask about to save:
Auto Insurance Discounts for Installing an Anti-Theft Device
Having or installing an alarm, LoJack, or steering wheel locks can all help prevent your vehicle from being stolen. These added safety features better protect your investment, and providers will offer between 5% to 25% in savings.
Auto Insurance Discounts for Multiple Vehicles on the Same Policy
Having multiple vehicles on the same policy helps save on paperwork and costs. If you have multiple vehicles associated with the same address, it may be best to save the hassle and combine your coverage.
These discounts typically save drivers between 10% to 25%.
Auto Insurance Discounts for Bundling Multiple Insurance Policies
Similarly to multi-vehicle discounts, bundling other insurance policies can help you save on your overall costs. If you choose to use the same insurer for your homeowners, renter’s, home, life, and/or car insurance, you can expect to save between 1% to 15%.
Auto Insurance Discounts for Good Students
Maintaining a good GPA can help you or your teens save on your insurance costs. Limitations vary, but you can expect to save anywhere from 5% to 20% just by hitting the books.
Auto Insurance Discounts for Low Mileage
For a pay-as-you-go approach, you can opt into allowing your insurance company to track your driving habits and mileage over time. These factors are usually monitored through a smartphone app or a small device in your car.
Drivers who opt into these programs see savings of up to 30% annually.
Auto Insurance Discounts for Defensive Driving Classes
Defensive driving courses are a great investment for new and seasoned drivers alike. These classes usually take about four to eight hours of time to review safety information, better driving techniques, and driving laws.
Insurance companies will provide a 5% to 20% discount annually for drivers who complete defensive driving courses.
If you’re ready to buy auto insurance from companies that offer cash back for safe drivers, enter your ZIP code below to instantly compare car insurance rates near you for free.
Frequently Asked Questions
How can I find cheap auto insurance rates for good drivers?
Compare quotes from different insurance providers by entering your ZIP code to find the best rates for good drivers.
What factors besides safe driving contribute to auto insurance rates?
Factors like driving record, age, location, vehicle type, coverage options, and credit history affect auto insurance rates.
Do auto insurance quotes include savings over time from cash back programs?
No, auto insurance quotes from companies offering cash back for safe drivers usually don’t include savings over time. Cash back and discounts are additional benefits based on safe driving habits.
Are there restrictions on the Allstate safe drivers bonus refund program?
Allstate’s safe drivers bonus refund program has limits. It provides up to 5% of the premium paid over six months as a refund for safe driving.
How much can I save with cash back and discount programs for safe drivers?
Cash back and discounts for safe drivers can help save up to 35% annually on car insurance rates.
How can being a safe driver benefit me?
Being a safe driver can save you money on insurance rates and reduce the risk of accidents for yourself and others.
Free Auto Insurance Comparison
Enter your ZIP code below to view companies that have cheap auto insurance rates.
Secured with SHA-256 Encryption
Daniel Walker
Licensed Auto 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 Auto 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.