Costco Car Insurance: A Beginner’s Guide

Explore how Costco’s CONNECT car insurance offers exclusive discounts, comprehensive coverage, and member perks for affordable and reliable protection.

What Is Costco Car Insurance?

Costco car insurance is a program offered exclusively to Costco members through CONNECT, a subsidiary of American Family Insurance. This partnership provides members with access to discounted auto insurance rates, comprehensive coverage options, and additional benefits tailored to meet various driving needs. ​

Key Features of Costco Car Insurance

1. Comprehensive Coverage Options

Costco’s CONNECT car insurance offers a range of coverage options, including:​

• Liability Coverage: Protects against bodily injury and property damage claims if you’re at fault in an accident.​

• Collision Coverage: Covers damage to your vehicle resulting from a collision, regardless of fault.​

• Comprehensive Coverage: Protects against non-collision-related incidents such as theft, vandalism, or natural disasters. ​

• Uninsured/Underinsured Motorist Coverage: Provides protection if you’re involved in an accident with a driver who lacks adequate insurance.​

• Personal Injury Protection (PIP): Covers medical expenses and, in some cases, lost wages, regardless of who is at fault.​

2. Exclusive Member Discounts

Costco members can benefit from exclusive discounts on their auto insurance premiums. These discounts can lead to significant savings, especially for those with clean driving records. ​

3. Additional Benefits

Beyond standard coverage, Costco’s CONNECT car insurance offers additional perks:​

• Accident Forgiveness: Your premium won’t increase after your first at-fault accident.​

• Roadside Assistance: Provides services like towing, battery jump-starts, and flat tire changes. ​

• Rental Car Reimbursement: Covers the cost of a rental car while your vehicle is being repaired due to a covered loss.​

• Windshield Repair Deductible Waiver: If your windshield can be repaired rather than replaced, the policy deductible is waived. ​Costco+1Clark+1

Executive Member Exclusive Benefits

Costco Executive Members receive additional benefits with their CONNECT auto insurance policies:​Costco+3Costco+3Clark+3

• Lifetime Renewability: Guarantees policy renewal, even after multiple claims, provided certain conditions are met.​

• Home Glass Repair Reimbursement: Covers the cost of repairing broken home glass.​

• Home Lockout Assistance: Provides assistance if you’re locked out of your home. ​

Eligibility and Membership Requirements

To access Costco’s CONNECT car insurance, you must be a Costco member. There are two membership tiers:​

• Gold Star Membership: Annual fee of $65.​Business Insider+1Real Simple+1

• Executive Membership: Annual fee of $120, offering additional benefits and 2% cashback on eligible Costco purchases. ​Business Insider

Cost of Coverage

The cost of Costco’s CONNECT car insurance varies based on factors like location, driving history, and coverage options. However, it’s noted that the average cost is around $1,368 per year, which is approximately 16% cheaper than the national average for full coverage insurance. ​SlashGear

Pros and Cons

Pros:

• Exclusive discounts for Costco members.​

• Comprehensive coverage options.​

• Additional benefits for Executive Members.​Real Simple+2Costco+2Connect by Amfam+2

• Strong financial backing from American Family Insurance.​

Cons:

• Must be a Costco member to access the insurance.​

• Not available in all states.​FinanceBuzz+1Costco+1

• Some benefits may vary by state.​

How to Get a Quote

To obtain a quote for Costco’s CONNECT car insurance:​FinanceBuzz

1. Visit the CONNECT by American Family Insurance website.​Connect by Amfam+4Connect by Amfam+4Connect by Amfam+4

2. Provide your Costco membership number.​FinanceBuzz+3Kiplinger+3Connect by Amfam+3

3. Enter your personal and vehicle information.​

4. Review the coverage options and select the one that best fits your needs.​

5. Submit your application and await confirmation.​

Conclusion

Costco’s CONNECT car insurance offers a compelling option for members seeking comprehensive coverage at competitive rates. With exclusive discounts, a range of coverage options, and additional benefits for Executive Members, it’s worth considering for your auto insurance needs.​Costco