Costco Auto Insurance
Costco is a large membership warehouse–style store chain. It has grown from a single store in Seattle to one of the world's largest retailers with locations in nearly every U.S. state and currently in seven foreign countries: Mexico, Canada, United Kingdom, Australia, Taiwan, South Korea, and Japan.
In addition to food, household goods, and electronics, Costco has partnered with different companies to offer a variety of services to its members at a discount including gutter protection, flooring, garage doors, bank accounts, car buying, home insurance, and car insurance.
Insurance For Members
The Costco auto insurance program is offered through Ameriprise Auto & Home Insurance. Costco advertises that with its insurance, members reported saving hundreds of dollars on their car insurance policies compared to rates from large insurers such as Farmers, Allstate, Geico, and State Farm. IDS Property Casualty Insurance Company and Ameriprise Insurance Company underwrite Costco's auto insurance. Both companies are subsidiaries of Ameriprise Financial, Inc.
Costco advertises that by purchasing insurance through their program, members get discounted rates, responsive claims service 24 hours a day 7 days per week, vehicle repairs made at the facility of their choice, and discounts for safe driving, insuring multiple vehicles, and having multiple polices such as a homeowners and auto policy.
How Low Are Their Rates?
Car insurance rates are based on a variety of factors including the driver's record, place of residence, and type of car insured. Is the Costco auto insurance program really less expensive and worth buying? That is easy to find out. Use bestcarinsurancecompanies.net to get a free online car insurance quote from multiple leading insurers and then compare their rates to Costco's program.
Price is not the only factor to consider when purchasing car insurance. Responsive customer service, quick claims processing, and policy coverage options are all important for an insured. Ameriprise is not as large as major insurers such as State Farm, Geico, Allstate, Progressive, and Farmers. The company has received mixed reviews in terms of service but many report price savings. Also, the Costco auto insurance program is presently not available in the states of Alaska, Louisiana, Maine, North Dakota, Rhode Island, West Virginia, Wyoming, and in Puerto Rico.
Compare and Save
If you do not already have one, a Costco "Gold Star" membership currently costs $55 annually. An "Executive" membership costs $110 annually and provides additional benefits. These costs should be taken into account if you do not plan to use a Costco membership for other products or services. Compare Costco's rates to our leading national insurers and choose the policy that is best for you and your family. You could be on your way to saving hundreds of dollars a year on car insurance!
