When you think of Costco Insurance, bulk groceries and household essentials probably come to mind. But did you know that Costco also offers insurance? Yes, through its partnership with CONNECT, powered by American Family Insurance, Costco provides auto and homeowners insurance to its members. But how does Costco’s insurance compare to other options? And is it worth getting your car or home insured through them? Let’s dive deep into the details.
What Is Costco Insurance?
Costco doesn’t directly sell insurance but partners with CONNECT by American Family Insurance to offer auto and home policies. This means that while you’re technically purchasing insurance from a third-party provider, you may receive exclusive discounts and benefits as a Costco member.
Key Features of Costco Insurance:
- Competitive rates with exclusive member discounts
- Roadside assistance included with Executive Membership policies
- Glass repair deductible waiver for auto insurance
- 24/7 claims support
- Home lockout assistance for homeowners insurance
Costco Auto Insurance: A Smart Choice?
If you’re wondering, does Costco have auto insurance or does Costco offer car insurance, the answer is yes! Costco’s auto insurance through CONNECT includes various benefits, but how does it compare to traditional insurers?
Pros of Car Insurance from Costco
✅ Exclusive Member Discounts: Costco Executive Members can get additional savings on premiums.
✅ Roadside Assistance: Available for Executive Members, which can be a great money-saver.
✅ Accident Forgiveness: Your rates won’t increase after your first accident if you’ve been claim-free for a certain period.
✅ Comprehensive Coverage Options: Covers liability, collision, comprehensive, uninsured motorists, and more.
Cons of Costco Auto Insurance
❌ Availability: Not available in all states.
❌ Pricing May Vary: While Costco offers discounts, rates may not always be the cheapest compared to other top insurers like GEICO or Progressive.
❌ Service Differences: Since CONNECT is a third-party provider, customer service experiences can vary.
Does Costco Sell Automobile Insurance in All States?
Unfortunately, Costco auto insurance is not available in every state. It’s best to check with CONNECT to confirm coverage in your location.
How Much Does Costco Car Insurance Cost?
Costco’s insurance rates depend on various factors such as your driving record, location, and the type of coverage you select. However, many members report savings compared to their previous policies.
Costco Homeowner Insurance: A Good Deal?
If you own a home, you might be wondering if Costco homeowner insurance is worth considering. The policy through CONNECT provides:
- Coverage for property damage, theft, and liability
- Home lockout assistance (helping you get back inside if you’re locked out)
- Identity theft protection (for certain policyholders)
- Discounts for safe homes with security systems
Pros of Costco Homeowners Insurance
✅ Member Discounts: Just like auto insurance, Costco members can save more.
✅Extended Benefits: Some policies offer additional coverage for personal property and liability.
✅ Bundle Discounts: If you bundle home and auto insurance, you can save even more.
Cons of Costco Homeowners Insurance
❌ Limited Availability: Just like auto insurance, home coverage is not available in every state.
❌ Third-Party Provider: Costco does not underwrite the policies, which means claims and service quality depend on CONNECT.
❌ Potentially Higher Premiums: Some homeowners report that while the discounts are helpful, the overall price may not always be the lowest.
Should You Get Costco Insurance?
If you’re already a Costco member and looking to save on insurance, getting a quote from CONNECT could be worthwhile. However, it’s essential to compare Costco’s insurance rates with competitors like State Farm, Allstate, and Progressive before making a decision.
How to Get a Quote for Costco Insurance
- Visit the Costco Insurance website.
- Enter your details and request a free quote.
- Compare rates and coverage options with other insurers.
- Decide if the savings and benefits outweigh the cons.
Final Thoughts
So, does Costco sell automobile insurance, and is it worth it? The answer depends on your needs. If you’re a loyal Costco member, their partnership with CONNECT could provide valuable discounts and benefits. However, since pricing varies, it’s always best to compare quotes before making a final decision.
For many, Costco insurance car and Costco homeowner insurance options offer solid coverage with attractive discounts, making them worth considering. If you’re in the market for a new policy, getting a quote from Costco is definitely worth a shot!
For more expert insights and other insurances, stay tuned to our blog!
