When most people think of Costco, they imagine bulk groceries, unbeatable deals, and great savings. But did you know they offer affordable and reliable auto and home insurance as well through Costco Connect Insurance?
The less-known insurance service operates to help Costco members save money on vital insurance products, while covering auto insurance to home insurance and beyond. If you’re frustrated by high premiums or just want to explore better options, this article could be the solution you’ve been searching for.
What is Costco Connect Insurance?
Costco Connect Insurance delivers insurance products specifically to members who use the Costco membership. Costco partners with top-rated insurance companies to let members secure multiple insurance products through their partnership at discounted prices. It lets its members access top-quality insurance options and seamless user-friendly service for all insurance types including auto and home insurance as well as health and life insurance and business insurance.
As a Costco member, you can benefit from special insurance rates along with additional member benefits that regular insurance providers typically do not offer. Through Costco Connect Insurance members acquire customized coverage which comes at more cost-effective prices than those available in other insurance markets.
What Insurance Plans Do Costo Connect Insurance Offers?
Costco Connect Insurance provides detailed insurance plans which address the different protection requirements of its membership base. Costco offers its members a selection of insurance products which include:
1. Auto Insurance
Costco Connect Auto Insurance provides coverage for both new and experienced drivers, with the potential for significant savings. Costco Connect Insurance provides customers discounts in their competitive rates alongside an easy claims system and personalized insurance selections. Members can obtain discounts for safe driving, bundling policies, and even being a Costco member.
2. Home Insurance
The Costco Connect Home Insurance product enables homeowners to gain protection for their house and personal possessions together with liability coverage. With competitive pricing and a range of options for both renters and homeowners, Costco delivers savings opportunities that make their services particularly attractive to clients. Plus, members can often save more by bundling home insurance with auto coverage.
3. Health Insurance
Costco members gain exclusive health insurance plan access through their partnerships with major health insurance providers. This could include options for family health coverage, dental, vision, and even Medicare plans.
4. Life Insurance
Costco Connect offers life insurance options which make sure that loved ones receive financial security in times of crisis. These plans are affordable, easy to sign up for, and provide flexibility in coverage levels to suit your needs.
5. Business Insurance
Small business owners who are members of Costco can access insurance plans through Costco Connect. Business owners who need protection against liabilities or need workers’ compensation and property insurance can obtain affordable solutions through Costco Connect.
Benefits of Costco Connect Insurance
What makes Costco Connect Insurance stand out from the rest? Here are some of the most compelling benefits for Costco members:
1. Competitive Pricing
Costco members are accustomed to saving money, and Costco Connect Insurance is no exception. By leveraging the buying power of Costco’s millions of members, Costco Connect is able to offer highly competitive rates. You’re essentially getting wholesale pricing for your insurance, which can lead to significant savings compared to traditional insurance providers.
2. Member-Only Discounts
As a Costco member, you automatically qualify for additional discounts on your insurance premiums. These savings can add up, making it even more affordable to protect your car, home, or business. Costco’s partnerships with top insurance providers allow them to pass on these exclusive savings directly to you.
3. A Trusted Network of Providers
Costco Connect Insurance works with top-rated insurance companies, so you can rest easy knowing you’re getting coverage from well-established, reputable providers. This gives you the confidence that you’re covered by a trusted name in the industry, without having to shop around endlessly for the best deal.
4. Simple and Convenient Service
Costco is known for providing a seamless shopping experience, and their insurance service is no different. With easy online quoting, simple claim processes, and helpful customer service, Costco Connect makes purchasing and managing your insurance policies quick and painless.
5. Bundling and Additional Perks
One of the best ways to save with Costco Connect Insurance is by bundling your policies. You can often get discounts when you combine auto, home, or life insurance with the same provider. Furthermore, members may enjoy exclusive access to additional perks, like free roadside assistance or additional coverage options at no extra cost.
How Does Costco Compare to Other Insurance Providers?
While Costco Connect Insurance offers great benefits, it’s always a good idea to compare it with other major insurance providers to ensure you’re getting the best value for your needs. Here’s a brief comparison of Costco Connect Insurance with other popular insurance providers in the US:
1. Geico
Geico is one of the largest and most well-known insurance companies in the US. While Geico offers competitive pricing, particularly for auto insurance, Costco Connect often comes out ahead when it comes to bundling options and member-exclusive discounts. Costco members enjoy additional savings that may not be available with other providers.
2. State Farm
State Farm is another trusted name in the insurance industry, with a focus on customer service and customizable coverage. While State Farm is a solid choice for auto and home insurance, Costco Connect’s bundling options and ability to leverage Costco’s massive buying power often result in more affordable pricing.
3. Allstate
Allstate offers robust coverage options and great customer service, but it’s often priced higher than Costco Connect Insurance. With Costco, members have the advantage of accessing exclusive rates and discounts that can make a big difference in your monthly premium.
4. Progressive
Progressive is known for its online tools and competitive auto insurance pricing. However, Costco Connect Insurance can offer similar rates and additional benefits for members, particularly when it comes to bundling policies and receiving discounts.
While each provider has its own strengths, Costco Connect Insurance consistently stands out for its member-specific discounts, easy access to policies, and the ability to save more by bundling your coverage.
Why Costco Members Love Costco Connect Insurance?
Costco members are known for being savvy shoppers, and Costco Connect Insurance delivers exactly what they’re looking for – value. Here’s why Costco members love Costco Connect Insurance:
1. Exclusive Member Discounts
As a Costco member, you’re already accustomed to enjoying savings on everything from groceries to electronics. When it comes to insurance, those savings don’t stop. Costco Connect offers exclusive rates that make it easy to protect your car, home, and health at an affordable price.
2. Simple Enrollment Process
Signing up for insurance through Costco Connect is quick and easy. You don’t need to spend hours comparing different plans; Costco does the legwork for you, ensuring that you get the best deal for your needs.
3. Peace of Mind
Knowing that you’re covered by some of the best insurance providers in the business, combined with the convenience and savings of Costco, gives members peace of mind. Whether you’re filing a claim or simply managing your policy, Costco Connect provides a stress-free experience.
What Do Costco Members Who Purchased Insurance from CONNECT Have to Say?
89% of Costco members who purchased insurance through CONNECT reported a high level of satisfaction with the service they received.
I’ve been with Geico for nearly 10 years, but after my 6-month premium jumped to $1,100 with no claims, I started comparing quotes. This year, Costco Connect offered significantly better coverage for a much lower price. For example, I upgraded from 100/300/100 coverage to 250/500/100 for almost $300 less—my new policy is just $792 for 6 months. The process was smooth, and I’m glad I made the switch.
— Reddit User
The service was affordable, and the team was extremely helpful. I highly recommend CONNECT to fellow Costco members!
— Mary Beth D.
Alex was incredibly professional and knowledgeable. He helped me bundle my two vehicles with my home insurance, saving me money.
— Nicholas C.
Lindsey handled my issue swiftly and took the time to review my coverage, providing excellent service. Professional, friendly, and incredibly helpful.
— David S.
I couldn’t believe how quickly my issues were resolved. The team was proactive and caring, even following up the next day to check on me. It felt like dealing with family.
— John S.
I was truly impressed by the professionalism and customer care shown by your representative. Exceptional service!
— Shirley P.
How to Get Started with Costco Connect Insurance?
Getting started with Costco Connect Insurance is simple. Here’s a step-by-step guide:
- Visit the Costco Connect Website – Head to the Costco Connect Insurance page to explore the various plans available.
- Get a Quote – Use the online tools to get a personalized quote for auto, home, or life insurance.
- Review Your Options – Compare coverage levels and find the policy that works best for you.
- Sign Up – Once you’ve found the perfect plan, you can easily enroll through the Costco Connect platform.
- Start Saving – Enjoy the peace of mind that comes with knowing you’re covered by top-rated insurance providers at a fraction of the cost.
Conclusion
Costco Connect Insurance is a smart, convenient, and cost-effective solution for Costco members looking to protect their assets and health. With competitive pricing, member-exclusive discounts, and a trusted network of insurance providers, Costco Connect is a great choice for anyone looking to save on insurance without sacrificing coverage.
So, whether you’re looking to insure your car, home, or family, take advantage of the unique benefits available to Costco members. Visit the Costco Connect Insurance website today to explore your options and start saving!
Frequently Asked Questions
Does Costco own Connect Insurance?
Costco does not directly underwrite insurance policies. Instead, it partners with CONNECT, a subsidiary of the American Family Insurance Mutual Holding Company, to provide its insurance services.
What insurance carrier does Costco use?
Costco offers insurance through CONNECT, powered by American Family Insurance, which is part of the American Family Insurance Mutual Holding Company. For life insurance, Costco partners with Protective Life Insurance Company (PLICO). Additionally, for business health insurance, it with Custom Benefit Consultants (CBC)
Is Costco auto insurance really cheaper?
It is typically 16% lower than the national average. However, competitors like GEICO and State Farm may offer even more competitive rates. To ensure you’re getting the best deal on the coverage you need, it’s smart to compare quotes from multiple insurers before committing to a policy.