High-risk drivers who have struggled to find coverage elsewhere may want to consider SafeAuto. However, policies with SafeAuto may be expensive and the carrier offers few options for customization.
|Options for high-risk drivers||Auto insurance is more expensive than average|
|SR-22 forms available||Only available in 20 states|
|Limited add-on options|
SafeAuto specializes in minimum coverage auto insurance for drivers who may have had trouble finding coverage elsewhere. Auto insurance is available in 20 states. SafeAuto also sells home and life insurance, among other products, through a network of third party underwriting partners. Bankrate’s SafeAuto Insurance review takes an in-depth look at the company’s products, rates, discounts and services to help you decide if you should get a quote.
SafeAuto car insurance
SafeAuto car insurance may be one of the best car insurance companies for high-risk drivers. The company specializes in providing non-standard car insurance for drivers with less-than-stellar driving records. Coverage is currently available in 20 states and the company boasts an easy online quoting system. There’s also an online chat feature and a support phone number if you need assistance.
SafeAuto focuses on state minimum coverage, although you can purchase higher liability limits if you need to. SafeAuto does not, however, offer liability limits as high as some other car insurance companies, so if you’re looking for a more robust policy, SafeAuto may not be the best choice. You can also add comprehensive and collision coverage, and you might be able to add some endorsements like rental car reimbursement or roadside assistance coverage, depending on your state.
SafeAuto car insurance cost
SafeAuto is, on average, more expensive than the national average cost of car insurance. The average cost of a minimum coverage policy with SafeAuto is $670 per year, whereas minimum coverage costs an average of $545 nationally. Full coverage is similarly more expensive, at $2,457 per year with SafeAuto versus $1,771 nationally. In fact, across a range of driver profiles that we reviewed, SafeAuto is more expensive than average.
|SafeAuto average annual full coverage premium||National average annual full coverage premium|
|Clean driving history||$2,457||$1,771|
|Speeding ticket conviction||$3,116||$2,138|
|Adding a 16-year-old driver||$5,618||$3,852|
SafeAuto car insurance discounts
Knowing that SafeAuto car insurance tends to be more expensive than average — which could be due, in part, to the high-risk drivers it covers — you may be wondering what kinds of discounts are available. SafeAuto offers several ways to save on car insurance, but keep in mind that if you have accidents or tickets on your record, you may still pay more than a driver with a clean record. SafeAuto’s auto insurance discounts vary by state, but some of the featured savings opportunities include insuring more than one vehicle, being a homeowner and switching your coverage to SafeAuto. These discounts are fairly common, but more unique offerings might be available in your state.
SafeAuto car services
In addition to car insurance policies, SafeAuto can also file an SR-22 form for drivers who are required to have one. The company also offers accident forgiveness coverage. Finally, SafeAuto partners with ForeverCar to provide a vehicle service plan that could help save you money on vehicle maintenance costs.
SafeAuto home insurance
SafeAuto does not sell its own home insurance, but it does offer policies underwritten by Hippo Insurance. Hippo could be a good home insurance company for those who want a tech-forward experience. Coverage is available in 39 states and Washington, D.C. Keep in mind, though, that coverage from Hippo is not SafeAuto home insurance, so you may not get the benefits of bundling your auto and home insurance.
SafeAuto home insurance cost
Nationally, the average cost of home insurance is $1,383 per year for $250,000 in dwelling coverage. The more coverage you buy, the more expensive your policy will be. Home insurance rates also vary based on the features of your home, the risk of damage in the city and state you live in, the endorsements you add and your claims history. While rates for SafeAuto’s home insurance through Hippo are not available, the national average rates could be a helpful guideline.
|Dwelling coverage limit||National average annual premium|
SafeAuto home insurance discounts
There are several ways to save on SafeAuto home insurance, provided by Hippo. Some of the more unique discounts from Hippo include:
- Smart home: Hippo gives customers a discount for having a smart home device. Even better, all Hippo customers are eligible for a free basic smart home from the company.
- Affinity: If you belong to certain membership clubs, alumni associations or other organizations, you might get a discount on your home insurance.
- HOA (homeowners association): If you live in a neighborhood with a qualifying HOA, you might save on your homeowners insurance policy.
Discounts may vary by state and have other eligibility requirements, so be sure to talk with a SafeAuto representative about the discounts available on its Hippo home insurance program.
SafeAuto home services
SafeAuto does not offer any home services, although Hippo offers Hippo Home Care, which could help you learn how to properly maintain your home.
SafeAuto life insurance
SafeAuto life insurance is provided by Bestow Agency, LLC, and policies are underwritten by North American Company for Life and Health Insurance. If you’re shopping for life insurance, SafeAuto might be a convenient option if you already have policies with the company. However, if you are looking for a life insurance company, be sure to understand your needs and choose a company that fits your unique situation.
Bestow offers term life insurance. Policies range from 10 to 30 years long, and you can buy between $50,000 and $1,500,000 in death benefit coverage. Coverage is available to those between the ages of 18 and 60. Bestow doesn’t require a medical exam, but a health questionnaire is still used to rate your policy, which means that those with serious health issues may not qualify.
SafeAuto life insurance endorsements
Bestow does not list any life insurance riders on its website.
SafeAuto life services
Bestow doesn’t offer any service in addition to its term life insurance options. However, the company does work with affiliate partners. As a partner, you could earn referral fees for customers that you refer to Bestow.
Other SafeAuto perks worth considering
Through various underwriting partners, SafeAuto also offers the following types of insurance coverage:
- Boat/personal watercraft
SafeAuto corporate sustainability
SafeAuto does not list any corporate, social or environmental giveback programs on its website, although its various underwriting partners may have programs of their own.
Not sure if SafeAuto is right for you? Consider these alternatives
Choosing a car, home or life insurance company can often mean getting quotes from several carriers to ensure you find a provider that meets your needs. If you aren’t sure SafeAuto is the right fit, consider these alternatives:
- Direct Auto: Direct Auto is similar to SafeAuto in that it specializes in coverage for riskier drivers. However, if you prefer an agency experience, Direct Auto could be a better choice. The company has agencies in several states, so you can handle your insurance in person.
- The General: The General is known for offering coverage to high-risk drivers and could be a good fit if you like to handle your insurance digitally. The company has a robust mobile app, an online customer platform and a chat feature on its website.
- Geico: Not only is Geico one of the best car insurance companies in general, it also won the Bankrate Award for best car insurance for high-risk drivers. The company also has a long list of discounts that could help you get cheaper car insurance.
Bankrate utilizes Quadrant Information Services to analyze 2022 rates for all ZIP codes and carriers in all 50 states and Washington, D.C. Quoted rates are based on 40-year-old male and female homeowners with a clean claim history, good credit and the following coverage limits:
- $100,000 bodily injury liability per person
- $300,000 bodily injury liability per accident
- $50,000 property damage liability per accident
- $100,000 uninsured motorist bodily injury per person
- $300,000 uninsured motorist bodily injury per accident
- $500 collision deductible
- $500 comprehensive deductible
To determine minimum coverage limits, Bankrate used minimum coverage that meets each state’s requirements. Our sample drivers own a 2020 Toyota Camry, commute five days a week and drive 12,000 miles annually.
Age: Rates were calculated by evaluating our base profile with the ages 18-60 (base: 40 years) applied. Depending on age, drivers may be a renter or homeowner. Age is not a contributing rating factor in Hawaii and Massachusetts.
Incidents: Rates were calculated by evaluating our base profile with the following incidents applied: clean record (base), single speeding ticket and single at-fault accident.
- Coverage A, Dwelling: $150,000, $250,000, $350,000, $450,000, $750,000
- Coverage B, Other Structures: $15,000, $25,000, $35,000, $45,000, $75,000
- Coverage C, Personal Property: $75,000, $125,000, $175,000, $225,000, $375,000
- Coverage D, Loss of Use: $30,000, $50,000, $70,000, $90,000, $150,000
- Coverage E, Liability: $300,000, $300,000, $300,000, $300,000, $500,000
- Coverage F, Medical Payments: $1,000
The homeowners also have a $1,000 deductible and a separate wind and hail deductible (if required).
These are sample rates and should be used for comparative purposes only. Your quotes will differ.