Car insurance is a necessary investment, and many people look for affordable yet reliable options. Costco, known for offering everything from groceries to electronics, also provides car insurance through partnerships with established insurance companies. In this guide, we will explore what Costco car insurance offers, its benefits, limitations, and whether it's worth considering for your vehicle protection needs.
What is Costco Car Insurance?
Costco does not directly underwrite insurance policies. Instead, it partners with CONNECT, a subsidiary of American Family Insurance, to offer discounted car insurance rates exclusively to its members.
Key Features
- Competitive pricing for Costco members
- Multiple discount options including safe driving, multi-policy, and student discounts
- Roadside assistance and rental car coverage available
- Claims satisfaction guarantee in many states
Advantages of Costco Car Insurance
- Member Discounts: Additional savings for executive members.
- Strong Reputation: Backed by CONNECT, an insurer with a solid track record.
- Convenient Bundling: Easy to combine auto insurance with home or renters insurance.
Limitations
- Limited availability in some states
- Must be a Costco member to access the insurance offerings
- CONNECT's customer service ratings vary by region
How to Get Costco Car Insurance
To apply, you must be a Costco member. You can get a quote online through Costco’s website or call CONNECT directly.
FAQs
Q1. Is Costco car insurance cheaper than other insurance providers?
Yes, for many members it offers lower rates, but it depends on your driving history, location, and other factors.
Q2. Can I bundle Costco car insurance with other policies?
Yes, you can bundle it with home, renters, or umbrella insurance for more discounts.
Q3. Who actually provides Costco car insurance?
It is provided by CONNECT, powered by American Family Insurance.
Q4. Is Costco car insurance available in all states?
No, availability may vary depending on your state.
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