Auto Insurance for Teachers: Here Are the Best Companies

If you’re trying to find the best auto insurance companies for teachers, you can likely find discounts with a few insurers. In addition to saving on your rates, some auto insurance companies will also give you benefits like protection while traveling with school materials or a $0 deductible when your vehicle is damaged on school property.

If you want to know how to save on your car insurance rates as a teacher, keep reading.

Are you trying to find rates for the best auto insurance companies for teachers? Enter your ZIP code into our free quote tool to see what you could pay for teachers’ auto insurance.

What is the best auto insurance for teachers?

Teachers are one of the essential occupations in our society. Educating younger generations is invaluable to our community, and teachers help young people achieve their dreams. Auto insurance companies value educators, and some have specific discounts to help them save on their monthly rates.

Some of the discounts provided for teachers may include extra benefits or increased savings. This can translate into less worry for teachers as they commute to and from their workplace every weekday.

Some of the top auto insurance companies that provide insurance for teachers include:

• Liberty Mutual – 12% savings on annual rates
• Geico – discounts for members of specific education organizations
• Horace Mann – Educator and school administrator discount

These are just a few of the insurers that will be willing to provide a discount on a teacher’s auto insurance rates. Unfortunately, some insurers don’t have discounts. Many educators have noted that there is no State Farm teacher discount.

In addition to the discounted rates, many insurers also provide benefits to policyholders after an accident.

Some of the additional benefits that insurers provide to their educator customers include:

• $0 deductible for collision and vandalism on school property
• Coverage for teaching materials
• Liability coverage for student transports

Insurance companies value teachers and are more than willing to provide an auto insurance teacher discount to appeal to that market. If you’re transporting school materials or students, you’ll likely benefit from these additional offerings.

Many of these companies will be able to give you vehicle insurance quotes online and may even be able to show you current discounts.

Are there discounts for auto insurance for teachers?

There are over three million educators in the country, which means a large market for insurance companies to draw from. By offering teacher-specific discounts and policies, insurers can appeal to that broad market.

Teaching isn’t the only occupation insurance companies look out for. There are a variety of professions that can earn you extra car insurance savings with some insurers. 

What are occupation-based auto insurance discounts?

There are many auto insurance companies in the industry, with each trying to earn a more significant percentage of the market share. To grow its revenue, an auto insurance company needs to increase its client base. By offering discounts, the insurer can appeal to those who will most benefit from the discount.

Some of the more popular occupations for auto insurance discounts include:

• Government worker
• Police officer
• Medical secretary
• Bookkeeper

In particular, if your occupation means you are statistically more likely to drive safely, or that you use your vehicle less than a standard driver, you’re more likely to find affordable auto insurance rates.

How much does comprehensive auto insurance cost for teachers?

There are many different auto insurance policies currently available on the market. So whether you need the required liability coverage or want to extend your range to comprehensive, you have options. That being said, your auto insurance will get more expensive based on how much coverage you buy.

Below are examples of the average rates for auto insurance companies by age and cost over one and then multiple years.

Considering this is before any teacher-based discounts, you could take 12% off the yearly cost to simulate the deal from Liberty Mutual. Using this table, a 40-year-old teacher may be able to save over $200 on their annual rates before any additional benefits are applied.

How can teachers save money on auto insurance?

Saving money on auto insurance is achievable in a few easy ways as long as you’re knowledgeable about what you need and the policy options available to you. From there, saving money is as simple as doing research and comparing companies.

When the auto insurance companies determine your rates, you’ll have to go through the underwriting process. This is when the insurer evaluates the risk you pose to the insurance company in terms of filing claims. The more the insurer thinks they’ll have to pay, the more it will cost you to get coverage for that risk.

What is auto insurance underwriting for teachers?

The good news is that most underwriting procedures are universal, no matter your occupation. When an insurance underwriter begins evaluating your life, they’ll look at factors like:

• Driving record
• Criminal record
• Credit history
• Car safety measures

Your insurer will consider any past incidents on your record, including speeding tickets and accidents. Therefore, it’s wise to ensure that there aren’t any recent red flags that will keep you from getting a good policy. This also goes for bad credit, as an insurer will want to know you can be counted on to pay your bills.

Your auto insurance company will also take the vehicle you’re driving into consideration. If that vehicle comes with safety features that will minimize damage in an accident, your insurer will also be more willing to provide you with further savings.

What is the best way for teachers to lower rates on auto insurance?

There are many ways that a driver can lower their rates when they’re applying for an auto insurance policy. According to the Insurance Information Institute, some of the ways that you can get lower auto insurance rates include:

• Shop around – By comparing multiple insurance companies, you’ll be more likely to find better deals on an auto insurance policy.
• Compare cars – Different cars will cost more to insure due to a higher level of risk for accidents associated with the vehicle, so it’s best to compare these costs before purchasing a car.
• Raise the deductible – If you increase your deductible, you’ll increase what you have to pay before the insurer takes over the costs after an accident, but this will lower your monthly rates.
• Bundle insurance – Many of the top insurance companies that offer home and auto insurance will allow you to bundle your policies to save on those rates.

There are many ways that you can save on your auto insurance as long as you’re willing to do a little research beforehand. Whether it’s driving more defensively or choosing a less risky vehicle, there are steps you can take to get more affordable auto insurance rates.

How can teachers find the right insurance company?

Finding an auto insurer that can meet all of your needs can be achieved with a bit of research once you know what you’re looking for. Most insurers are willing to provide customers with some form of discount depending on your occupation or other associated groups in your life.

To find the best option, you’ll need to make sure that you’re considering an insurance company’s:

• Financial standing
• Credit rating
• Customer service abilities

Before you apply for a policy with a new insurer, you should verify that it can meet its financial obligations and that it is known for providing quality customer service.

How do rating services evaluate insurers?

Several rating services dedicate themselves to holding insurance companies and other lenders to account. The rating services evaluate an insurer’s public data to help consumers avoid financial risks and customer service headaches.

Some of the more popular auto insurance rating services include:

• Moody’s Investor Service – This professional credit rating business has been providing economic research since 1909.
• Standard & Poor’s Global – S&P is another credit rating service that has published financial research since 1860 and is considered the largest of the credit rating services.
• Better Business Bureau – The BBB collects financial information but focuses more on customer experience at an individual business. The BBB also keeps a public record of comments and complaints filed against any particular company and information about how these complaints are resolved.

There are other rating companies as well, but the rating services will not have reviewed every insurer. However, this will give you a baseline of what to expect. Doing this research can ensure that the insurance company you choose has the assets to pay out on your claim when the time comes.

What’s the best auto insurance for teachers?

Various types of auto insurance coverage may be able to help you when something happens to your vehicle. However, we should say that the more coverage you have on your car, the higher your insurance rates will be.

While these are just a few, some of the most popular auto insurance policies include:

• Liability – This policy covers the other person’s damages in an accident you cause.
• Collision – This policy pays for your damages after an accident, regardless of who was at fault.
• Comprehensive – Comprehensive auto insurance protects against other incidents involving your car, like vandalism and theft, or severe weather incidents.

This isn’t the full extent of auto insurance by any means, and in fact, it only scratches the surface of current auto insurance policies on the market. When you purchase a new auto insurance policy, you should be aware of what you’re getting. For example, some insurance policies will only cover the stock parts on your vehicle, while others can focus on custom parts.

Auto Insurance Companies for Teachers: The Bottom Line

If you’re a teacher looking for auto insurance, you can expect to find discounts at multiple insurers. Many insurance companies value our educators’ work, and some are willing to give teachers a 10% discount, or more. Auto insurance companies for teachers even provide additional benefits like protection for teaching materials and special coverage on school grounds.

Are you trying to find quotes for the best auto insurance companies for teachers? Enter your ZIP code into our free quote tool to see what you could pay for a discounted policy as an educator.