Good2Go Auto Insurance Review (2022)

Is Good2Go Insurance a Good Choice?

What are the Good2Go Ratings by Agency?

The financial strength of a company is very important when looking for an insurance company. You may want cheap rates, but you want it from a solid company that can have your back if you need it.

We are going to dig into the financial status of Good2Go.

Good2Go Insurance Agency operates under several business names. The National Associations of Insurance Commissioners lists the following companies as doing business under the Good2Go brand.

Good2Go A.M. Best

We’re not off to a good start looking into Good2Go’s financial status with A.M. Best. A.M. Best is a worldwide rating company that focuses primarily on the insurance industry. Sadly, the companies associated with Good2Go listed above withdrew from the A.M. Best rating in 2017.

At the time of the withdrawal, Good2Go companies had a C+ rating. A rating of C+ is a marginal rating, and we often suggest finding companies with a higher rating to ensure a strong financial standing.

Good2Go Better Business Bureau

The Better Business Bureau is a great source of information for consumers. The BBB helps consumers find businesses that use ethical, trustworthy business practices.

We took a look at one Good2Go Insurance location out of Atlanta and found that the BBB gives Good2Go an A rating. While the Better Business Bureau gives Good2Go am A rating, customers leave less than stellar reviews. Out of 39 reviews, the average star rating was one star.

Good2Go S&P Rating

Standard & Poor is a global rating agency using research and financial criteria to rate businesses in more than 28 countries across the world.

S&P no longer rates Good2Go companies. While they may not rate them, S&P does have concerns regarding Good2Go company and American Independent Insurance Company. S&P noted a $40.4 million net loss in 2016 alone.

So why is all this financial information important?

The financial strength of your insurance company can mean many things. The most important thing to a consumer is when it comes to paying out claims.

You pay premiums every month, and then the dreaded claims occur. You totaled your car or someone else’s car. You want to be sure your insurance company can replace the totaled car and get you or someone else back on the road again. If your company is in financial distress, you could have a hard time getting your insurance claim resolved.

Good2Go’s History

Good2Go’s company history is minimal and a little confusing at best. American Independent Insurance Company formed more than 25 years ago, and Good2Go, along with other companies, formed under this parent company.

Other than a start date, there isn’t much information regarding the history of the company. Let’s take a look at Good 2Go’s employees and what the future looks like for the company.

Good2Go’s Position for the Future

Good2Go doesn’t have the best financial ratings. They are hard to find and almost non-existent. That can worry some policyholders and tend to make for a less-than-stellar future for a company.

Good2Go does pride itself on being a niche company for high-risk drivers. Unfortunately, there always seems to be high-risk drivers needing insurance.

So, while their future may not be bright, they do have some good selling points that may help them stick around a little longer.

Good2Go Insurance Rates

How to Get Good2Go Auto Insurance Rates?

Good2Go prides itself on having the lowest rates.

Cheap doesn’t always mean the best insurance product. Cheap usually means state minimum limits. What are those? States have minimum coverage limits required on vehicles driven on roadways.

Minimum means the cheapest, but we suggest getting more comprehensive coverage, especially depending on your circumstances. If you’re driving a luxury car, you want to carry enough insurance coverage to repair your car if it’s damaged in an accident.

We have data from the 10 best car insurance companies in all 50 states from our friends at Quadrant. Showing you the rates of the top 10 major companies will show how your Good2Go quote compares.

We will also look at some factors that companies use to rate you as a driver, like coverage levels and driving record. If you have been in an auto accident or two, you might be categorized as a high risk driver. Rating a driver simply means to use the information provided to assess the risk to provide an appropriate premium.

What’s Good2Go Availability and Rates by State

Good2Go is available in all 50 states.

Cheap car insurance is what Good2Go advertises, but let’s see how their rates compare to the average rate of the top 10 insurance providers in the nation.

The average rate for car insurance in all 50 states is $3,660.89 a year.

If Good2Go wants to hold the claim of cheap insurance, their rates need to be below that average.

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Good2Go Insurance Discounts Available

Good2Go’s Discounts

We all like a good discount, right? Discounts mean more money in your pocket. Let’s take a look at both driver and policy discounts Good2Go offers its policyholders.

Driver Discounts

Being a good driver can usually land you a discount with most auto insurance companies. Good2Go offers the following discounts for drivers:

• Defensive driving course discounts – Average discount: 5-15 percent
• Good driver discounts – Average discount: 10-35 percent
• Student driver discounts – Average discount: 5-20 percent
• Cell phone safety – Average discount: 5 percent

Cell phone safety is a new program being offered by Good2Go. We will cover the program in the next section, but enrolling in this option can save you 5 percent on your car insurance premium.

Good2Go’s Policy Discounts

You can also get discounts based on your auto insurance policy. Good2Go doesn’t offer coverage for other lines of business, but they do offer a discount for being a homeowner.

They also offer other incentives, such as paying in full and renewing discounts. Below is a full list of policy discounts offered.

• Homeownership discounts
• Multi-vehicle discounts
• Paid-in-full discounts
• Renewal discounts

Policy discounts can give you anywhere from a 3-25 percent discount on your premium. If you’re looking for the cheapest rate (which most people are), always check out the discounts a company offers.

Good2Go’s Vehicle Discounts

You can also get discounts just for the features included in your car. Here are two discounts Good2Go offers for vehicles.

• Airbag and passive restraint discounts
• Anti-theft system and VIN etching discounts

These discounts can save drivers up to 5 percent on their insurance rate.

Good2Go Insurance Coverage Options

What’s the Good2Go Coverage?

Good2Go prides itself in offering auto insurance at an affordable price, but how can they keep rates so low?

Most companies offer bundling options, discounts, and incentive programs to help customers keep rates affordable. In this next section, we’re going to look at different options Good2Go offers clients to keep rates low.

Frequently Asked Questions

FAQs

Finally, let’s take a look at some commonly asked questions.

What Are Good2Go Auto Insurance’s Payment Options?

Good2Go offers customers three payment options to fit their needs.

The economy plan allows you to pay your annual premium throughout the year. To start your policy, you must pay your down payment. Following that payment, you can have installment payments every month.

Good2Go also offers a quarterly payment. Every four months an installment is due. You can also opt for the annual payment. One payment and you’re done for the year.

What is an SR-22 filing?

Good2Go is great for drivers needing to file SR-22. In some cases, high-risk drivers are mandated to file SR-22. This is not a form of insurance. Your car insurance company, like Good2Go, will file with the state showing you have the minimum required liability limits.

How Do I Get Instant Proof of Insurance?

All drivers will need to keep proof of insurance in their car. If you’re pulled over or asked by a police officer, you must show proof of coverage.

Once you’ve accepted the quote from Good2Go, you’ll receive instant proof of insurance by email or fax.

What Happens If I Buy or Sell a Car?

As with any changes, you should always inform your car insurance company immediately to make the change. You’ll need to provide the company with new car information such as make, model, and VIN.