Best Car Insurance for Doctors (2024)
Progressive, Farmers, and Liberty Mutual are some of the car insurance companies that offer discounts for doctors.
Excellent
)
Written bySarah Archambault
)
Experienced personal finance writer
Background working with banks and insurance companies
Sarah enjoys helping people find smarter ways to spend their money. She covers auto financing, banking, credit cards, credit health, insurance, and personal loans.
Featured in
){kind=small}
){kind=small}
)
Edited byAshley Cox
)
7+ years in content creation and management
5+ years in insurance and personal finance content
Ashley is a seasoned personal finance editor who’s produced a variety of digital content, including insurance, credit cards, mortgages, and consumer lending products.
Featured in
){kind=logo}
){kind=small}
){kind=small}
Updated November 21, 2024
Why you can trust Insurify: Comparing accurate insurance quotes should never put you at risk of spam. We earn an agent commission only if you buy a policy based on our quotes. Our editorial team follows a rigorous set of editorial standards and operates independently from our insurance partners. Learn more.
Advertiser Disclosure
At Insurify, our goal is to help customers compare insurance products and find the best policy for them. We strive to provide open, honest, and unbiased information about the insurance products and services we review. Our hard-working team of data analysts, insurance experts, insurance agents, editors and writers, has put in thousands of hours of research to create the content found on our site.
We do receive compensation when a sale or referral occurs from many of the insurance providers and marketing partners on our site. That may impact which products we display and where they appear on our site. But it does not influence our meticulously researched editorial content, what we write about, or any reviews or recommendations we may make. We do not guarantee favorable reviews or any coverage at all in exchange for compensation.
Table of contents
Whether you’re just starting your medical career as a doctor and need affordable car insurance while paying off student loans, or you’re more established and need to protect yourself from financial losses caused by accidents, choosing the right car insurance is important.
Many car insurance companies offer discounts specifically for doctors, which can lower your car insurance rates even more. Here’s what you should know about car insurance discounts for doctors.
Quick Facts
Many insurers have affinity programs that provide discounts to members of certain groups.
Doctors should consider carrying higher liability limits than the state minimums.
You can reduce your car insurance costs by maintaining a clean driving record.
Best car insurance companies for doctors
The best car insurance company for one doctor might not be the best company for another. Insurers use many factors to set rates, including your age, gender, ZIP code, car type, and coverage levels.
If you’re looking for car insurance as a doctor, the companies below are a great place to start your search.
Progressive: Best for optional coverage
| JD Power J.D. Power data measures overall customer satisfaction and claims satisfaction based on a 1,000-point scale. | 819 |
|---|---|
| IQ Score The Insurify Quality (IQ) Score uses more than 15 criteria to objectively rate insurance companies on a one-to-ten scale. The Insurify editorial team researches insurer data to determine the final scores. | 8.4 /10 |
| Liability Only Liability-only insurance, sometimes called minimum-coverage insurance, pays for bodily injury and property damage to others in an accident the policyholder causes. It does not pay for the insured’s own damages. | $98/mo |
| Full Coverage Full-coverage car insurance generally includes liability, collision, and comprehensive coverage, and may include other optional coverages such as uninsured motorist coverage. Collision covers a policyholder’s repair or replacement costs in case of an accident. Comprehensive covers damages caused by non-accident events. The average quote displayed here reflects policies with the following coverage limits: $50,000 bodily injury liability per person; $100,000 bodily injury liability per accident; $50,00 property damage liability per accident; $1,000 collision deductible; and a $1,000 comprehensive deductible. | $152/mo |
How drivers feel about Progressive
Drivers appreciate the professional service and accident forgiveness but dislike the high prices and frequent rate increases.
AI-generated from the text of verified reviews collected by Insurify
Best For
Competitive rates
Easy buying process
Telematics program
How drivers feel about Progressive
Drivers appreciate the professional service and accident forgiveness but dislike the high prices and frequent rate increases.
AI-generated from the text of verified reviews collected by Insurify
Best For
Competitive rates
Easy buying process
Telematics program
Reviews (5,796)
Elandra
November 20, 2024
Verified Review
I don't even drive 30 miles a month, yet I pay over $200 a month. I have a clean driving record. This company is not good.
I don't even drive 30 miles a month, yet I pay over $200 a month. I have a clean driving record. This company is not good.
Denise
November 20, 2024
Verified Review
Fraudulent Claims Filed
They permitted false claims to be filed, complete with fabricated police report numbers, and treated the client as if the claim was not fraudulently filed.
Steven
November 19, 2024
Verified Review
I'll Stay with Them, No One Can Beat Them!
They are the cheapest I have found!
JD Power
J.D. Power data measures overall customer satisfaction and claims satisfaction based on a 1,000-point scale.
819NAIC Index
Average amount of customer complaints relative to competitors on a 0-5 scale. A lower score represents fewer complaints.
0.82A.M. Best
A.M. Best analyzes an insurer’s financials, operating performance, business profile, and other factors to generate an opinion-based rating of a company’s financial and credit strength. Ratings range from A++ (exceptional) to D (poor).
A+Why we picked this company
Progressive is one of the largest insurance companies in the U.S. It offers policies for a wide range of vehicles, including classic cars, boats, motorcycles, and RVs. You can choose from many optional coverages, including roadside assistance, custom parts and equipment, rideshare, and pet injury coverage.
While Progressive doesn’t have specific discounts for doctors, it offers discounts for bundling multiple policies, insuring multiple cars on the same policy, paying your policy premium in full and up front, and opting to receive statements via email.
Pros
Rewards for good drivers
Numerous coverage options and discounts available
Optional coverage for pet injuries
Cons
Much lower-than-average overall customer satisfaction ranking in J.D. Power’s 2023 U.S. Auto Claims Satisfaction Study
Trustpilot rating of 1.1 stars (out of 5) from more than 1,000 reviews
Rates trend higher than rates from many competitors
Farmers: Best for discounts
| User Reviews | 3.9 |
|---|---|
| IQ Score The Insurify Quality (IQ) Score uses more than 15 criteria to objectively rate insurance companies on a one-to-ten scale. The Insurify editorial team researches insurer data to determine the final scores. | 8.3 /10 |
| Liability Only Liability-only insurance, sometimes called minimum-coverage insurance, pays for bodily injury and property damage to others in an accident the policyholder causes. It does not pay for the insured’s own damages. | $110/mo |
| Full Coverage Full-coverage car insurance generally includes liability, collision, and comprehensive coverage, and may include other optional coverages such as uninsured motorist coverage. Collision covers a policyholder’s repair or replacement costs in case of an accident. Comprehensive covers damages caused by non-accident events. The average quote displayed here reflects policies with the following coverage limits: $50,000 bodily injury liability per person; $100,000 bodily injury liability per accident; $50,00 property damage liability per accident; $1,000 collision deductible; and a $1,000 comprehensive deductible. | $241/mo |
3.9
A solid optionBased on 1836 verified guest reviews and ratings
How drivers feel about Farmers
Drivers appreciate the initial affordability but dislike the frequent and significant price increases and poor customer service.
AI-generated from the text of verified reviews collected by Insurify
Best For
Bundling discounts
Minimum coverage
Safe drivers
How drivers feel about Farmers
Drivers appreciate the initial affordability but dislike the frequent and significant price increases and poor customer service.
AI-generated from the text of verified reviews collected by Insurify
Best For
Bundling discounts
Minimum coverage
Safe drivers
Reviews (988)
Gregory
November 12, 2024
Verified Review
Extremely Poor
They've been taking money from me for nine months and then billed me again, even after I provided proof that I never had two cars.
Stanford
November 12, 2024
Verified Review
Fair
The price is too much for me.
James
November 11, 2024
Verified Review
Not a Fan of Farmers Insurance
Farmers Insurance tends to make everything a huge hassle, and they might charge you more if you don't download their app. I wouldn't recommend wasting your time or money with Farmers Insurance.
JD Power
J.D. Power data measures overall customer satisfaction and claims satisfaction based on a 1,000-point scale.
815NAIC Index
Average amount of customer complaints relative to competitors on a 0-5 scale. A lower score represents fewer complaints.
1.13A.M. Best
A.M. Best analyzes an insurer’s financials, operating performance, business profile, and other factors to generate an opinion-based rating of a company’s financial and credit strength. Ratings range from A++ (exceptional) to D (poor).
AWhy we picked this company
Farmers is a reputable car insurance company for doctors. It has various affinity discounts, which provide reduced rates for employees and members of certain businesses, occupational groups, and professional associations.
Doctors can also save with more standard discounts, including those for bundling policies, going paperless, and keeping a clean driving record.
Pros
Many auto insurance discounts
Robust roadside assistance program
Offers customized equipment coverage add-on
Cons
Lower customer satisfaction scores from J.D. Power
Tends to have higher premiums than some competitorsNot available in every state
Liberty Mutual: Best for safe drivers
| User Reviews | 3.7 |
|---|---|
| IQ Score The Insurify Quality (IQ) Score uses more than 15 criteria to objectively rate insurance companies on a one-to-ten scale. The Insurify editorial team researches insurer data to determine the final scores. | 7.7 /10 |
| Liability Only Liability-only insurance, sometimes called minimum-coverage insurance, pays for bodily injury and property damage to others in an accident the policyholder causes. It does not pay for the insured’s own damages. | $159/mo |
| Full Coverage Full-coverage car insurance generally includes liability, collision, and comprehensive coverage, and may include other optional coverages such as uninsured motorist coverage. Collision covers a policyholder’s repair or replacement costs in case of an accident. Comprehensive covers damages caused by non-accident events. The average quote displayed here reflects policies with the following coverage limits: $50,000 bodily injury liability per person; $100,000 bodily injury liability per accident; $50,00 property damage liability per accident; $1,000 collision deductible; and a $1,000 comprehensive deductible. | $258/mo |
3.7
A solid optionBased on 2671 verified guest reviews and ratings
How drivers feel about Liberty Mutual
Drivers appreciate the initial low prices, quick claims handling, and easy account access but dislike the significant price increases over time.
AI-generated from the text of verified reviews collected by Insurify
Best For
Numerous discounts
New and financed vehicles
Accident forgiveness
How drivers feel about Liberty Mutual
Drivers appreciate the initial low prices, quick claims handling, and easy account access but dislike the significant price increases over time.
AI-generated from the text of verified reviews collected by Insurify
Best For
Numerous discounts
New and financed vehicles
Accident forgiveness
Reviews (1,559)
Michael
November 19, 2024
Verified Review
Go Elsewhere
The customer service is poor. It's difficult to speak to a human as it's overly automated.
Deborah
November 12, 2024
Verified Review
Examine Every Inch of Your Policy
I didn't realize I didn't have accident forgiveness until my daughter had an accident. They tripled the cost of my policy.
Lee
November 12, 2024
Verified Review
Ugh!
The rates increase every year. I'm an excellent driver and I've never made a claim.
JD Power
J.D. Power data measures overall customer satisfaction and claims satisfaction based on a 1,000-point scale.
819NAIC Index
Average amount of customer complaints relative to competitors on a 0-5 scale. A lower score represents fewer complaints.
3.95A.M. Best
A.M. Best analyzes an insurer’s financials, operating performance, business profile, and other factors to generate an opinion-based rating of a company’s financial and credit strength. Ratings range from A++ (exceptional) to D (poor).
AWhy we picked this company
Liberty Mutual is available nationwide and offers car insurance discounts to members of the American Medical Association. You can also get discounts for owning a home, bundling policies, buying a policy online, and more.
The company also rewards safe driving. You can save up to 30% on your premiums through its RightTrack program.
Pros
Wide range of available discounts
Accident forgiveness available
Available in all 50 states and D.C.
Cons
Many negative reviews and customer complaints
Premiums are relatively high compared to industry average
Low customer satisfaction scores from J.D. Power
Travelers: Best for financial strength
| User Reviews | 4.7 |
|---|---|
| IQ Score The Insurify Quality (IQ) Score uses more than 15 criteria to objectively rate insurance companies on a one-to-ten scale. The Insurify editorial team researches insurer data to determine the final scores. | 9.0 /10 |
| Liability Only Liability-only insurance, sometimes called minimum-coverage insurance, pays for bodily injury and property damage to others in an accident the policyholder causes. It does not pay for the insured’s own damages. | $89/mo |
| Full Coverage Full-coverage car insurance generally includes liability, collision, and comprehensive coverage, and may include other optional coverages such as uninsured motorist coverage. Collision covers a policyholder’s repair or replacement costs in case of an accident. Comprehensive covers damages caused by non-accident events. The average quote displayed here reflects policies with the following coverage limits: $50,000 bodily injury liability per person; $100,000 bodily injury liability per accident; $50,00 property damage liability per accident; $1,000 collision deductible; and a $1,000 comprehensive deductible. | $191/mo |
4.7
Best choiceBased on 757 verified guest reviews and ratings
How drivers feel about Travelers
Drivers appreciate the lowest prices, excellent service, and responsive call centers but dislike the rising premiums and poor claims handling.
AI-generated from the text of verified reviews collected by Insurify
Best For
Numerous discounts
Gap insurance
Rideshare coverage
How drivers feel about Travelers
Drivers appreciate the lowest prices, excellent service, and responsive call centers but dislike the rising premiums and poor claims handling.
AI-generated from the text of verified reviews collected by Insurify
Best For
Numerous discounts
Gap insurance
Rideshare coverage
Reviews (389)
Nancy
November 18, 2024
Verified Review
Checking for Better Rate
Really good.
Jim
November 12, 2024
Verified Review
Typical
They were fair but within a month, they raised their premium by over $50.
Kenneth
November 5, 2024
Verified Review
Excellent
Excellent
JD Power
J.D. Power data measures overall customer satisfaction and claims satisfaction based on a 1,000-point scale.
829NAIC Index
Average amount of customer complaints relative to competitors on a 0-5 scale. A lower score represents fewer complaints.
0.94A.M. Best
A.M. Best analyzes an insurer’s financials, operating performance, business profile, and other factors to generate an opinion-based rating of a company’s financial and credit strength. Ratings range from A++ (exceptional) to D (poor).
A++Why we picked this company
Travelers offers affinity group programs for members of credit unions, professional associations, customers of certain banks, and employees of certain businesses. You can find out whether you qualify by calling to get a quote or asking your employer or professional association whether it participates in any affinity programs.
AM Best gives Travelers an A++ (Superior) financial strength rating, indicating a solid ability to pay claims.
Pros
Accident forgiveness available
Offers discount for hybrid and electric cars
A++ (Superior) financial strength rating from AM Best
Cons
Rideshare coverage not available in all states
High number of negative customer reviews with the Better Business Bureau
Higher-than-average number of complaints with the National Association of Insurance Commissioners
Plymouth Rock: Best for personalized service
| User Reviews | 3.7 |
|---|---|
| IQ Score The Insurify Quality (IQ) Score uses more than 15 criteria to objectively rate insurance companies on a one-to-ten scale. The Insurify editorial team researches insurer data to determine the final scores. | NR |
3.7
A solid optionBased on 217 verified guest reviews and ratings
How drivers feel about Plymouth Rock
Drivers appreciate the good rates, customer service, and glass coverage but dislike the high premium rates and unclear policy increases.
AI-generated from the text of verified reviews collected by Insurify
Best For
Unique loyalty rewards
Group discount programs
Competitive pricing
How drivers feel about Plymouth Rock
Drivers appreciate the good rates, customer service, and glass coverage but dislike the high premium rates and unclear policy increases.
AI-generated from the text of verified reviews collected by Insurify
Best For
Unique loyalty rewards
Group discount programs
Competitive pricing
Reviews (111)
Christine
November 2, 2024
Verified Review
Plymouth Rock
The coverage is fine, but the insurance just keeps going up and up, and I haven't had any accidents.
Rayette
October 31, 2024
Verified Review
Payment Issue
It's not providing me with the option to pay monthly, and it's challenging to pay the entire premium all at once.
David
October 29, 2024
Verified Review
Increasing Rates
The rates keep increasing. I see no added value.
JD Power
J.D. Power data measures overall customer satisfaction and claims satisfaction based on a 1,000-point scale.
812NAIC Index
Average amount of customer complaints relative to competitors on a 0-5 scale. A lower score represents fewer complaints.
NRA.M. Best
A.M. Best analyzes an insurer’s financials, operating performance, business profile, and other factors to generate an opinion-based rating of a company’s financial and credit strength. Ratings range from A++ (exceptional) to D (poor).
NRWhy we picked this company
Plymouth Rock offers competitive rates for doctors and a variety of discount programs. While discounts vary by state, it offers discounts for nurses, dental hygienists, alumni of certain universities, and other professional associations.
The insurer operates in only six states — Connecticut, Massachusetts, New Hampshire, New Jersey, New York, and Pennsylvania — but it has local independent agents who can help you customize a policy to meet your needs.
To choose the best car insurance companies for doctors, we compared insurers’ rates, relevant discounts, nationwide availability, and our Insurify Quality (IQ) Scores, which measure overall company health and customer satisfaction. The companies we selected offer relatively low rates compared to competitors and provide relevant discounts, such as affinity group, loyalty, and multi-policy discounts.
Car insurance discounts for doctors
Farmers, Liberty Mutual, Progressive, and Travelers are a few companies that offer car insurance discounts to doctors and medical professionals. Discounts vary by insurer, but here are some common ones you might be able to take advantage of:
Professional organization discounts: Some professional organizations offer auto insurance discounts to members. If you belong to a national doctors’ association or another professional organization, you might qualify for a discount on your auto insurance policy. Check with the American Medical Association (AMA) and other organizations to see if you can get a professional discount.
Occupation discounts: Some insurers offer special discounts for people in certain professions, including healthcare. For example, the AMA partners with Liberty Mutual to offer discounted auto and home insurance rates to member physicians.[1]
Bundling discounts: You can also get car insurance savings by bundling your policy with another type of insurance policy. For example, getting home insurance or life insurance from the same company can result in a lower overall premium.
Vehicle safety feature discounts: If you have safety features in your vehicle, like anti-theft devices or anti-lock brakes, you might be able to get a discount.
Safe driving discounts: Many insurers offer discounts to people who go accident-free or don’t file any claims for a certain period of time.
Find Car Insurance for Doctors
Liability rates start as low as $16 per month
Secure. Free. Easy-to-use.
Based on 3,806+ reviews
4.8/5
Average cost of car insurance for doctors
The national monthly average for full-coverage car insurance is $204, and liability-only coverage is $104, according to Insurify data.
Doctors who belong to certain professional organizations or qualify for discounts could pay lower car insurance rates than the nationwide averages. But many factors affect the price you’ll pay for coverage, including your age, ZIP code, car, and coverage levels.
Average cost of car insurance for doctors by company
When looking for the best car insurance coverage, it helps to compare different companies. The table below shows full-coverage and liability-only quotes from top insurance companies. The rate you pay as a doctor could be higher or lower depending on your unique driver profile.
The below rates are estimated rates current as of: Friday, November 1 at 12:00 PM PDT.
Insurance Company ▲▼ | Average Quote: Liability Only ▲▼ | Average Quote: Full Coverage ▲▼ | IQ Score The Insurify Quality (IQ) Score uses more than 15 criteria to objectively rate insurance companies on a one-to-ten scale. The Insurify editorial team researches insurer data to determine the final scores. ▲▼ |
|---|---|---|---|
| COUNTRY Financial | $16 | $38 | 8.8 |
| NJM | $29 | $53 | 9.4 |
| Auto-Owners | $34 | $73 | 8.5 |
| USAA | $45 | $99 | 9.4 |
| Erie | $50 | $93 | 9.0 |
| GEICO | $54 | $119 | 9.0 |
| State Farm | $54 | $119 | 9.3 |
| Mile Auto | $56 | $95 | 7.5 |
| Root | $60 | $103 | 8.4 |
| Allstate | $61 | $133 | 8.9 |
| Metromile | $63 | $113 | 7.0 |
| American Family | $73 | $161 | 9.1 |
| Mercury | $82 | $162 | 8.0 |
| Safeco | $82 | $143 | 8.3 |
| Nationwide | $83 | $182 | 8.7 |
| CSAA | $84 | $128 | 7.6 |
| National General | $86 | $171 | 6.8 |
| Travelers | $89 | $191 | 9.0 |
| Dairyland | $91 | $236 | 7.0 |
| State Auto | $93 | $198 | 8.5 |
| The Hartford | $95 | $171 | 8.4 |
| Direct Auto | $97 | $187 | 7.3 |
| Progressive | $98 | $152 | 8.4 |
| Clearcover | $102 | $183 | 6.8 |
| Commonwealth Casualty | $110 | $293 | 5.5 |
| Chubb | $110 | $232 | 6.5 |
| Farmers | $110 | $241 | 8.3 |
| Shelter | $111 | $210 | 7.7 |
| The General | $112 | $231 | 7.3 |
| 21st Century | $112 | $238 | 5.9 |
| Foremost | $117 | $266 | 7.4 |
| Bristol West | $118 | $255 | 5.2 |
| Elephant | $124 | $200 | 8.3 |
| GAINSCO | $125 | $279 | 7.3 |
| Amica | $151 | $279 | 8.3 |
| Liberty Mutual | $159 | $258 | 7.7 |
| AssuranceAmerica | $163 | $271 | 5.3 |
| Infinity | $181 | $255 | 0.0 |
Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers and quote estimates from Quadrant Information Services. Actual quotes may vary based on the policy buyer's unique driver profile.
Our editorial team spent more than 350 hours developing the Insurify Quality (IQ) Score and scoring insurance companies. The IQ Score objectively analyzes and calculates a score for insurers using more than 15 crucial criteria. The team weighted criteria by importance to the consumer — factors such as customer reviews and affordability influence the score more than availability and third-party ratings.
We rate each company on a 1 to 10 scale based on five categories: financial ratings, customer satisfaction, affordability, customer support and transparency, and availability. Insurify updates ratings once a year or as more recent information becomes available.
- Third-party financial ratings: Insurify uses data from AM Best, S&P, Moody’s, and more to compare insurance companies’ credit and ability to pay out future claims.
- Customer satisfaction: To calculate this score, Insurify analyzed more than 28,000 customer reviews across 155 car insurance companies. We also consider third-party ratings from J.D. Power, the National Association of Insurance Commissioners, and Trustpilot.
- Affordability: Our data scientists analyzed more than 90 million real-time auto insurance rates from our partners across the U.S., as well as available discounts, to calculate an affordability score.
- Customer support and transparency: This measures coverage options, ease of claims filing, and the insurer's transparency surrounding discounts, coverages, and claims process.
- Availability and reach: Insurify scores availability and reach by identifying the number of states in which insurers offer coverage and company size by market share.
Average cost of car insurance for doctors by state
The table below shows average car insurance costs for liability and full coverage by state. These rates aren’t specific to doctors, but they could give you an idea of what you might pay depending on where you live.
State ▲▼ | Average Quote: Liability Only ▲▼ | Average Quote: Full Coverage ▲▼ |
|---|---|---|
| Alabama | $60 | $143 |
| Arizona | $92 | $180 |
| Arkansas | $121 | $261 |
| California | $140 | $283 |
| Colorado | $95 | $221 |
| Connecticut | $226 | $379 |
| Delaware | $150 | $209 |
| Florida | $157 | $248 |
| Georgia | $152 | $244 |
| Hawaii | $74 | $144 |
| Idaho | $69 | $132 |
| Illinois | $79 | $176 |
| Indiana | $72 | $144 |
| Iowa | $57 | $131 |
| Kansas | $79 | $170 |
| Kentucky | $171 | $283 |
| Louisiana | $133 | $247 |
| Maine | $86 | $155 |
| Maryland | $204 | $342 |
| Massachusetts | $117 | $231 |
| Michigan | $172 | $299 |
| Minnesota | $104 | $201 |
| Mississippi | $91 | $219 |
| Missouri | $99 | $210 |
| Montana | $79 | $162 |
| Nebraska | $93 | $205 |
| Nevada | $185 | $306 |
| New Hampshire | $63 | $127 |
| New Jersey | $124 | $215 |
| New Mexico | $69 | $170 |
| New York | $311 | $407 |
| North Carolina | $55 | $95 |
| North Dakota | $85 | $153 |
| Ohio | $73 | $131 |
| Oklahoma | $86 | $180 |
| Oregon | $100 | $166 |
| Pennsylvania | $93 | $173 |
| Rhode Island | $83 | $173 |
| South Carolina | $169 | $279 |
| South Dakota | $63 | $147 |
| Tennessee | $73 | $160 |
| Texas | $120 | $241 |
| Utah | $108 | $183 |
| Vermont | $68 | $154 |
| Virginia | $101 | $184 |
| Washington | $76 | $153 |
| Washington, D.C. | $107 | $188 |
| West Virginia | $76 | $153 |
| Wisconsin | $64 | $143 |
| Wyoming | $64 | $151 |
Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers and quote estimates from Quadrant Information Services. Actual quotes may vary based on the policy buyer's unique driver profile.
Factors that affect car insurance for doctors
The cost of car insurance for doctors can vary greatly depending on factors such as driver history, age, credit, and more.[2] By understanding these factors and shopping around for quotes from different insurers, you can find an affordable policy that meets your needs.
Driving record: Insurance companies consider driving records when setting rates. People with more violations or accidents often pay higher rates than people with clean driving records.
Type of vehicle: The type of car you insure affects your rates because insurance companies consider the cost of repairs and how much it would cost to replace the vehicle if it’s totaled.
Location: Where you live and park your car at night affects your rate because insurance companies consider risks associated with your ZIP code. Areas with higher rates of car accidents, vandalism, and theft typically have higher insurance premiums.
Age: As a general rule, drivers younger than 25 typically pay higher rates than older drivers. Insurers consider them higher-risk because they have less experience behind the wheel and often engage in more risky behaviors, such as excessive speeding or texting and driving.
Gender: While many states have outlawed gender-based pricing (also known as gender rating), some insurers still charge higher premiums to certain genders based on the perceived risk associated with each. On average, women pay lower rates than men due to their safer driving habits.
Miles driven per year: The more miles you put on your car in a year, the higher your chances are of being involved in an accident, which can lead to higher premiums.
Credit: Many insurers consider your credit history to help determine your risk profile and set their rates accordingly. Drivers with better credit scores typically qualify for lower rates than drivers with lower scores.
Discounts: Common discounts include having multiple policies with the same insurer, installing a car alarm, and safe driving.
Compare Car Insurance Quotes for Doctors
Check quotes from 100+ top insurance companies
Secure. Free. Easy-to-use.
Based on 3,806+ reviews
4.8/5
Types of car insurance for doctors
Car insurance for doctors typically includes the same coverage as any standard auto policy:
Liability coverage
Liability insurance covers bodily injury and property damage you cause with your vehicle. Every state except New Hampshire has mandated minimum liability limits you must carry. But Scott Hammersand, a personal lines risk advisor with Overmyer Hall Associates in Columbus, Ohio, recommends doctors carry higher limits than the state-mandated minimums due to their assets and earning potential.
“Not only should doctors consider limits far higher than the state minimum limits, but they should be considering an umbrella policy that extends the coverage several million more,” Hammersand says.
Comprehensive coverage
Comprehensive insurance offers protection against non-accident damages, such as theft, vandalism, fire, hail, or natural disasters.
Collision coverage
Collision insurance pays for damages to your vehicle in the event of a collision with another car or object, like a tree or fence.
Uninsured/underinsured motorist coverage
Uninsured/underinsured motorist coverage pays for your vehicle repairs and medical bills if you’re involved in an accident with someone who doesn’t have enough insurance or any insurance at all.
Personal injury protection (PIP) coverage
Personal injury protection helps pay for your medical expenses, lost wages, funeral costs, and other damages after a car accident, regardless of who’s at fault.[3]
Gap coverage
Gap insurance is an optional coverage that helps cover the difference between the amount you owe on your car loan and the actual cash value of your vehicle if it’s totaled in an accident or someone steals it.[4]
How doctors can save money on car insurance costs
You can lower your car insurance premiums as a doctor in several ways, including:[5]
Practice safe driving habits. Insurance companies usually offer lower rates to people with no tickets or accidents on their records. Practice safe driving habits, such as obeying speed limits and defensive driving.
Bundle policies. Many insurance companies offer discounts when you purchase multiple policies with them. Consider bundling your auto and home insurance with the same company for a discount.
Take a higher deductible. A car insurance deductible is the amount you must pay out of pocket before your insurer pays for any damages resulting from an accident or covered claim. The higher the deductible, the lower your monthly premiums, since the insurer won’t have to cover as much of the cost of a claim.
Maintain a good credit score. Most insurance companies use a driver’s credit history as a way to measure risk. They see drivers with higher credit scores as likely to file fewer claims, so they typically charge these drivers lower premiums.
Participate in a telematics program. Telematics programs require you to install a device in your car to track your driving habits. The device collects data on your speed, braking, and the time of day you drive, which insurers use to determine your risk profile. Drivers who exhibit safe habits may qualify for lower rates.
Comparison shop. Different insurers offer different rates for the same coverage, so it pays to compare quotes from various companies before committing to a policy.
Cheapest recent rates
Drivers have found policies from GEICO, HiRoad, Direct Auto, and more, for rates as low as $34/mo. through Insurify
*Quotes generated for Insurify users within the last 10 days. Last updated on November 21, 2024
Rates shown are real-time Insurify user quotes from 100+ insurance companies and Quadrant Information Services data. Insurify’s algorithm excludes anomalous quotes and anonymizes personal details, then displays refined quotes by price, date, and insurer popularity up to 10 days ago from November 21, 2024. Actual quotes may vary based on the policy buyer’s unique driver profile.
*Quotes generated for Insurify users within the last 10 days. Last updated on November 21, 2024
Rates shown are real-time Insurify user quotes from 100+ insurance companies and Quadrant Information Services data. Insurify’s algorithm excludes anomalous quotes and anonymizes personal details, then displays refined quotes by price, date, and insurer popularity up to 10 days ago from November 21, 2024. Actual quotes may vary based on the policy buyer’s unique driver profile.
Car insurance for doctors FAQs
To help you find the best coverage at an affordable price, check out this additional information about car insurance for doctors.
What’s the average cost of car insurance for doctors?
Drivers across the U.S. pay monthly averages of $204 for full coverage and $104 for liability coverage, Insurify data shows.
Doctors who belong to certain professional organizations or qualify for discounts could pay lower car insurance rates than the nationwide averages. But many factors affect the price you’ll pay for coverage, including your age, ZIP code, car, and coverage levels.
What companies offer car insurance discounts for healthcare workers?
Farmers, GEICO, Liberty Mutual, and Travelers are some of the companies that offer discounts for medical professionals.
Many insurers offer special discounts for certain professions, including healthcare workers, or for members of professional associations, such as the American Medical Association. Check with your insurance company to see if you’re eligible for any discounts specifically for doctors.
Do doctors get cheaper car insurance?
It depends. Insurance companies might consider your education level when determining your rates.
But many factors affect the rates you’ll receive, so comparing quotes from multiple companies is always the best way to find a policy that meets your needs and fits within your budget.
Related articles
- The 10 Best and Worst Car Insurance Comparison Sites
- No-Down-Payment Car Insurance
- Top 10 Cheapest Car Insurance Companies
- How to Get Cheaper Car Insurance With a Low Income
- Best Cheap Full-Coverage Car Insurance
- 7 of the Best Car Insurance Companies
- Can Your Insurance Company Force You to Total Your Car?
Popular articles
- What Is Gap Insurance for Cars, and Do You Need It?
- How Much Will Insurance Pay for My Totaled Car? (Full Guide)
- What Is the Difference Between a Real ID and a Driver’s License?
- Rebuilt Title: What It Is and How It Works
- What Is a Car Insurance Deductible?
- Best Car Insurance Rates and Discounts for Teachers
- What Comprehensive Car Insurance Covers in Texas
Sources
- American Medical Association. "Auto and Home Insurance."
- Insurance Information Institute. "What determines the price of an auto insurance policy?."
- Insurance Information Institute. "Auto Insurance Basics."
- Insurance Information Institute. "What is gap insurance?."
- Insurance Information Institute. "Nine ways to lower your auto insurance costs."
)
Sarah Archambault
Sarah Archambault enjoys helping people figure out how to manage their finances and credit. She covers auto financing, banking, credit cards, credit health, insurance, and personal loans. Her work has been featured on Credit Karma, Experian, LendingClub, Sound Dollar and USA Today Blueprint. She also writes for national insurers, banks and financial institutions like Aetna, MassMutual, Stripe, and UnitedHealthcare.
7+ years in content creation and management
5+ years in insurance and personal finance content
Ashley is a seasoned personal finance editor who’s produced a variety of digital content, including insurance, credit cards, mortgages, and consumer lending products.
Featured in
)
)
)
)
)