Ameriprise Auto Insurance Costco – Is it Worth the Extra Cost?

If you’re a Costco member, you may have noticed that Ameriprise offers auto insurance to members. Ameriprise is a reputable insurance company, but is their auto insurance worth the extra cost? In this article, we’ll take a closer look at Ameriprise auto insurance offered through Costco and provide you with all the information you need to make an informed decision.

What is Ameriprise Auto Insurance Costco?

Ameriprise Auto Insurance Costco is a car insurance policy offered exclusively to Costco members. Ameriprise is a subsidiary of Ameriprise Financial, a well-known financial services company. The auto insurance policy offered through Ameriprise Costco is underwritten by IDS Property Casualty Insurance Company, another subsidiary of Ameriprise Financial.

If you’re already a Costco member, you can save money on your car insurance by purchasing a policy through Ameriprise. Costco members can receive a variety of discounts on their auto insurance policy, depending on the type of coverage they select.

What are the Different Types of Ameriprise Auto Insurance Policies?

There are three different types of Ameriprise auto insurance policies: Liability Only, Standard Coverage, and Platinum Coverage. Each policy has a different level of coverage and comes with a different cost.

Liability Only

The Liability Only policy is the most basic policy offered by Ameriprise. This policy only covers damages and injuries caused to other people, property, or vehicles in the event of an accident that you’re found responsible for. Liability Only policies do not cover damage to your own vehicle.

Standard Coverage

The Standard Coverage policy is a step up from the Liability Only policy. It covers damages and injuries caused to other people, property, or vehicles as well as damage to your own vehicle if you’re found responsible for an accident. Additionally, the Standard Coverage policy includes some additional benefits like roadside assistance and rental car reimbursement.

Platinum Coverage

The Platinum Coverage policy is the most comprehensive policy offered by Ameriprise. In addition to covering damages and injuries caused to other people, property, or vehicles and damage to your own vehicle if you’re responsible for an accident, the Platinum Coverage policy also includes benefits like glass repair and replacement, pet coverage, and identity theft coverage.

How Much Does Ameriprise Auto Insurance Costco Cost?

The cost of your Ameriprise auto insurance policy will depend on several different factors, including your age, gender, driving history, and the type of coverage you select. However, as a Costco member, you’re eligible for a variety of discounts on your policy.

According to Ameriprise, Costco members save an average of $575 per year on their auto insurance policy.

What Discounts are Available for Costco Members?

As a Costco member, you can receive discounts on your auto insurance policy through Ameriprise. Some of the discounts available include:

These discounts can add up quickly and help you save money on your Ameriprise auto insurance policy.

Is Ameriprise Auto Insurance Costco Worth the Extra Cost?

While Ameriprise auto insurance offered through Costco may be slightly more expensive than other providers, the discounts available to Costco members can help offset the cost. Additionally, Ameriprise is a reputable insurance company with a strong financial rating, meaning you can trust that they will be there when you need them.

If you’re looking for an auto insurance policy and you’re already a Costco member, it’s definitely worth considering Ameriprise auto insurance. The discounts available to Costco members can help you save money on your policy while still receiving the level of coverage you need to protect yourself and your vehicle.

FAQ

What is Ameriprise Auto Insurance Costco?

Ameriprise Auto Insurance Costco is a car insurance policy offered exclusively to Costco members. The policy is underwritten by IDS Property Casualty Insurance Company, a subsidiary of Ameriprise Financial.

What are the Different Types of Ameriprise Auto Insurance Policies?

There are three different types of Ameriprise auto insurance policies: Liability Only, Standard Coverage, and Platinum Coverage. Each policy has a different level of coverage and comes with a different cost.

How Much Does Ameriprise Auto Insurance Costco Cost?

The cost of your Ameriprise auto insurance policy will depend on several different factors, including your age, gender, driving history, and the type of coverage you select. However, as a Costco member, you’re eligible for a variety of discounts on your policy.

What Discounts are Available for Costco Members?

As a Costco member, you can receive discounts on your auto insurance policy through Ameriprise. Some of the discounts available include multi-car, safe driver, anti-theft device, good student, and low mileage discounts.

Is Ameriprise Auto Insurance Costco Worth the Extra Cost?

While Ameriprise auto insurance offered through Costco may be slightly more expensive than other providers, the discounts available to Costco members can help offset the cost. Additionally, Ameriprise is a reputable insurance company with a strong financial rating, meaning you can trust that they will be there when you need them.