AAA vs. Electric Insurance

Which insurance carrier is right for you? Compare rates, pros & cons, and quotes from AAA and Electric.

Compare Car Insurance Rates in Your Area

AAA vs. Electric: What You Need to Know

On March 4, 1902, nine automobile clubs formed the American Automobile Association. Since then, AAA has been a pioneer in the future of transportation in its fight for better roads. In 1915, AAA was the first to introduce a service for roadside service, which is one of the most valued components of an AAA membership because of its network of 13,000 facilities. Members can call or use the AAA Roadside or CAA Roadside app for android or iPhone to get help.

The history of Electric Insurance Company began in 1927, when EMLICO was established to provide GE (General Electric Company) with Workers’ Compensation insurance in Massachusetts. The company was doing so well that it started providing coverage nationally for GE and also included general liability and commercial auto in its product portfolio. By 1966, Electric Insurance Company was formed to ensure GE employees, but after a while, it expanded its business to all consumers. During the 1990s the company became one of the first P&C carriers to offer consumers web-based insurance quotes. Today, Electric Insurance manages approximately $160 million in personal lines premiums for nearly 135,000 policyholders and has about $450 million in total written premium. Its services are offered in all 50 states directly via mobile applications and the web and through independent agencies. Its consumer base is 60% of GE employees and 40% general customers.

Below is a list of average rates, rankings, products, and discounts for the two companies. For full company overviews, you can visit Auto Club Group Overview and Electric Insurance Overview.

Auto Club Group vs. Electric: How much are the Average Rates?

Below is a list of the average rates that drivers typically pay with Auto Club Group and Electric. On average, Auto Club Group charges approximately $311.88 per month while Electric comes in at around $248.73 per month. For Auto Club Group, the cheapest state average is Wisconsin at $123.96 per month and the most expensive is Michigan at $386.32 per month. For Electric, the cheapest state average is Missouri at $194.02 per month and the most expensive is Virginia at $354.38 per month.

Auto Club Group

Average Rate

$311.88
Electric

Average Rate

$248.73
National

Average Rate

$120.30
State Auto Club Group Electric
Connecticut- $196.83
Illinois $303.43 -
Kansas- $232.43
Kentucky- $229.11
Maine- $208.00
Michigan $386.32 -
Minnesota $211.61 -
Missouri- $194.02
Nebraska $158.97 -
Virginia- $354.38
Wisconsin $123.96 -

Auto Club Group vs. Electric: Rates by Number of Vehicle

Home

Drivers will typically get a discount if they insure multiple vehicles. Here is a list of average rates that Auto Club Group and Electric typically charge for drivers who have more than 1 vehicle.

Number of Vehicles Auto Club Group Electric
1 Vehicle $299.12 $234.60
2 Vehicles $356.92 $302.23
3 Vehicles $546.30 $434.14
4 Vehicles $733.89 $

Auto Club Group vs. Electric: Rates by Homeownership

Home

Drivers who own their home rather than rent can sometimes get a small discount. We found that on average Auto Club Group charges $302.45 per month and Electric charges $220.53 per month for customers who own their home.

Own/Rent Auto Club Group Electric
Own $302.45 $220.53
Rent $316.89 $260.96

What Are AAA and Electric Insurance's Ratings?

Both insurance companies score similarly on financial strength with AM. Best Rating. Their BBB rating is at "A+" which is a good indicator that both insurers were able to resolve disputes that insurance companies provide. Switch to a trusted company with affordable insurance coverage. Start today simply by requesting a free insurance quotes.

ComparisonAAAElectric
Year Founded19021966
A.M Best RatingA-A
BBB RatingA+A+
Financial StrengthExcellentExcellent
NAIC Complaint Ratio0.53
S&P RatingA+

AAA or Electric: Insurance Products Offered

The two insurance carriers offer similar insurance products like Auto, Home, Renters, and Boat. In addition, AAA and Electric offer Umbrella Insurance, extended protection outside your standard coverage. Choose an insurance company that can help cover and protect you and your property.

Insurance AAA Electric
Boat Insurance
Car Insurance
Collector Car Insurance
Condo Insurance
Flood Insurance
Home Insurance
Life Insurance
Motorcycle Insurance
Recreational Vehicles
Renters Insurance
Small Business
Travel Insurance
Umbrella Insurance

AAA or Electric: Ways to Save

Electric Insurance carrier offers Low-Annual Mileage Discount (amount varies by state) to drivers. Auto Club offers similar advertised discounts with Verified Mileage, a savings up to 19% simply by providing vehicle's current odometer readings when requested. Start saving on insurance costs by taking advantage of the discounts the insurer's offer.

AAA Electric
Good Driver Discount Accident-free Discount
Good Student Discount Driver Training Credit
Loyalty Discount Electric and Hybrid Vehicles Discount
Multi-policy Discount Employer Group Discounts
Multi-vehicle Discount Family & Friends Referral Discount
Verified Mileage Discount Good Student Discount
Low Annual Mileage Discount
Married Status Discount
Mature Driver Accident Prevention Course Discount
Multi-policy Discount
New Auto Insurance Customer Discount
New Vehicle Discount
Passive Restraints
Payment-in-full Discount
Plan Ahead (Early Purchase) Discount
Safe Driver Discount
Safety Features Discount
Student-Away-from-Home Discount

Pros & Cons of AAA & Electric

Pros

AAA
  • With a membership with AAA means discounts and services like identity theft.
  • Membership can be valuable for frequent travelers.
Electric
  • A long list of discounts
  • Additional dedicated discount for General Electric employees
  • Provides the convenience of starting a claim online

Cons

AAA
  • The annual fee for membership.
  • Membership required to buy car insurance.
Electric
  • Confusing website information: the company lists the products, benefits, and discounts offered in different web pages making it difficult to get a full scope on what is offered.

AAA or Electric Mobile Apps Options

The Auto Club App allows users to access Auto Club services, including membership, insurance, travel, and roadside assistance. It also shows members the Cheapest Gas and Branch Offices.

The Always On Mobile app is available for iOS and Android. This mobile app can help you to view your auto insurance information, report an auto claim, upload photos of the vehicle damage, access 24 hours / 7 days a week emergency roadside assistance services, schedule glass repair and much more.

AAA Mobile App
iOS     4.66.4K user reviews
Android     4.34,061 user reviews
Electric Mobile App
iOS     12 user reviews
Android     1.934 user reviews

AAA & Electric Contact Info

AAA Contact Info
Address1225 Freeport Pkwy, Coppell, TX 75019, US
Phone1-877-387-8378
Websitehttps://www.aaa.com/
Facebookhttps://www.facebook.com/AAAFanPage/
Youtubehttps://www.youtube.com/user/AAA
Twitterhttps://twitter.com/AAA4lyfe
Linkedinhttps://www.linkedin.com/company/aaa/
Electric Contact Info
Address75 Sam Fonzo Drive, Beverly, MA 01915
Phone1-800-342-5342
Websitehttps://eic.electricinsurance.com/
Facebookhttps://www.facebook.com/ElectricInsuranceCompany/
Twitterhttps://twitter.com/ElectricInsCo
Youtubehttps://www.youtube.com/channel/UC2YooRh-4qPtDgZvFHdFMIw
Linkedinhttps://www.linkedin.com/company/electricinsurancecompany/

Methodology
The statistics listed on this page are from our own in house reporting. We track and record quotes that carriers have provided based on various criteria. The rates and averages shown on this page should only be used as an estimate.

Compare Insurance Rates for Free.

Enter your zip code, answer a few questions, and compare rates in less than 3 minutes.