Best Auto Insurance Companies That Offer Cash Back for Safe Drivers (2021)

Your safe driving habits can help you save money. Many insurers provide great discounts including auto insurance companies that offer cash back for safe drivers. Allstate even provides a safe drivers bonus refund to its customers who do not get into an accident for six months. These benefits and more can help minimize the cost of your annual car insurance rates.

Free Auto Insurance Comparison

 Secured with SHA-256 Encryption

Leslie Kasperowicz holds a BA in Social Sciences from the University of Winnipeg. She spent several years as a Farmers Insurance CSR, gaining a solid understanding of insurance products including home, life, auto, and commercial and working directly with insurance customers to understand their needs. She has since used that knowledge in her more than ten years as a writer, largely in the insuranc...

Full Bio →

Written by

Dan Walker graduated with a BS in Administrative Management in 2005 and has been working in his family’s insurance agency, FCI Agency, for 15 years (BBB A+). He is licensed as an agent to write property and casualty insurance, including home, auto, umbrella, and dwelling fire insurance. He’s also been featured on sites like Reviews.com and Safeco. He reviews content, ensuring that ex...

Full Bio →

Reviewed by Daniel Walker
Licensed Auto Insurance Agent

UPDATED: Oct 27, 2021

Advertiser Disclosure

It’s all about you. We want to help you make the right coverage choices.

Advertiser Disclosure: We strive to help you make confident auto insurance decisions. Comparison shopping should be easy. We are not affiliated with any one auto insurance provider and cannot guarantee quotes from any single provider. Our partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.

Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.

Things to Remember

  • Being a safe driver can benefit you in many ways, including earning you money
  • Through the Allstate safe drivers bonus refund, drivers are able to save up to 5% on their rates, with some restrictions
  • Utilizing cash back and discount programs can help drivers save up to 35% annually

There are quite a few auto insurance companies that offer cash back for safe drivers. No matter which company you go with, a safe driving record can significantly cut down on your car insurance rates.

There are many factors that affect auto insurance rates, and consistently safe driving is a major contributor to the price of your insurance rates.

As a driver with no infractions on your record, you are demonstrating that you are responsible and care about your safety and your investment in your vehicle. These are exactly the things insurance companies want to see.

Before learning more about auto insurance companies that offer cashback for safe drivers, enter your ZIP code above to instantly compare insurance rates near you.

What auto insurance companies are best for safe drivers?

Car insurance rates are calculated differently from company to company. It can sometimes be difficult to discern exactly which company is the best choice within your budget.

Securing cheap auto insurance rates is sometimes easier said than done. However, comparing the leading insurance providers in the country can help demystify the process.

Insurance Rates for Drivers with Clean Driving Records
Insurance ProviderAverage Monthly Rate (USD)
Allstate$211
Farmers$177
GEICO$142
Liberty Mutual$215
Nationwide$149
Progressive$147
State Farm$117
USAA$106

Compare RatesStart Now →

According to this data, USAA and State Farm typically offer the cheapest rates for good drivers. Remember, your personal rates may vary. This information does not take other additional discounts and cash back programs into account.

Slightly higher auto insurance rates from companies that offer cash back for safe drivers can be excused in favor of later cash back payouts. 

For example, Allstate does not have the lowest rates upon first glance, but safe drivers can enjoy cash back in the form of a safe drivers bonus refund.

Auto insurance quotes from companies that offer cash back for safe drivers do not include the savings you can make over time. With these added bonuses, it’s easy to lower your monthly rates with just your safe driving habits. 

Auto Insurance Companies That Offer Cash Back for Safe Drivers

Allstate is one of the few auto insurance companies that offer cash back for safe drivers through the safe drivers bonus refund. But, what is the safe drivers bonus refund?

The safe drivers bonus refund is a program for Allstate customers who do not file a claim within a certain period of time.

Essentially, drivers will receive a bonus check for every six months they go without an accident. Allstate customers can opt into the safe drivers bonus refund program online or through their agent.

How much is the safe driving bonus from Allstate?

The safe drivers bonus refund does have some limits and restrictions. Through the program, a safe driver can receive up to 5% of their policy insurance premium. This amount is then applied to their renewal policy.

For example, a driver that pays $500 total for their six months of car insurance coverage is then eligible to receive $25 for their next policy term.

Auto Insurance Companies That Don’t Offer Cash Back for Safe Drivers

Most car insurance companies will provide substantial benefits for safe drivers. However, many of them do not include direct cash back programs.

The Insurance Information Institute indicates that securing a good discount on your car insurance can go a long way.

Insurers like Farmers, Liberty Mutual, and Nationwide, among others, only provide discounts to a safe driver’s policy. While these are not exactly as rewarding as a check in the mail, they can still help you save big.

Free Auto Insurance Comparison

Enter your ZIP code below to view companies that have cheap auto insurance rates.

 Secured with SHA-256 Encryption

Best Auto Insurance Discounts for Good Drivers

Utilizing car insurance discounts is a great way to cut down on your insurance costs. These discounts are special offers that can help you save up to 35% on your annual premium. Many companies offer a variety of discounts, including policy, driver, and vehicle discounts.

Here is a comprehensive overview of six car insurance discounts you should ask about to save:

Auto Insurance Discounts for Installing an Anti-Theft Device

Having or installing an alarm, LoJack, or steering wheel locks can all help prevent your vehicle from being stolen. These added safety features better protect your investment, and providers will offer between 5% to 25% in savings.

Auto Insurance Discounts for Multiple Vehicles on the Same Policy

Having multiple vehicles on the same policy helps save on paperwork and costs. If you have multiple vehicles associated with the same address, it may be best to save the hassle and combine your coverage.

These discounts typically save drivers between 10% to 25%.

Auto Insurance Discounts for Bundling Multiple Insurance Policies

Similarly to multi-vehicle discounts, bundling other insurance policies can help you save on your overall costs. If you choose to use the same insurer for your homeowners, renter’s, home, life, and/or car insurance, you can expect to save between 1% to 15%.

Auto Insurance Discounts for Good Students

Maintaining a good GPA can help you or your teens save on your insurance costs. Limitations vary, but you can expect to save anywhere from 5% to 20% just by hitting the books.

Auto Insurance Discounts for Low Mileage

For a pay-as-you-go approach, you can opt into allowing your insurance company to track your driving habits and mileage over time. These factors are usually monitored through a smartphone app or a small device in your car.

Drivers who opt into these programs see savings of up to 30% annually.

Auto Insurance Discounts for Defensive Driving Classes

Defensive driving courses are a great investment for new and seasoned drivers alike. These classes usually take about four to eight hours of time to review safety information, better driving techniques, and driving laws.

Insurance companies will provide a 5% to 20% discount annually for drivers who complete defensive driving courses.

If you’re ready to buy auto insurance from companies that offer cash back for safe drivers, enter your ZIP code below to instantly compare car insurance rates near you for free.

Free Auto Insurance Comparison

Enter your ZIP code below to view companies that have cheap auto insurance rates.

 Secured with SHA-256 Encryption