Costco Insurance: Everything You Need to Know

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Costco, the big-box retailer known for its bulk grocery sales and discounts on everything from electronics to gasoline, is also a player in the insurance market. Costco’s insurance offerings include home, auto, and life insurance policies.

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What is Costco Insurance?

Costco offers insurance policies through its subsidiary, Connect Insurance. The company partners with insurers such as Ameriprise, Travelers, and Aetna to offer its members exclusive rates on various insurance products, including:

Insurance Product
Partner Insurer
Auto Insurance
Ameriprise
Home Insurance
Ameriprise
Health Insurance
Aetna
Vision Insurance
Aetna
Dental Insurance
Aetna
Life Insurance
Protective Life

Costco members can purchase these insurance policies online, over the phone, or at a local Costco warehouse.

Auto Insurance

Costco’s auto insurance is underwritten by Ameriprise, a financial services company that specializes in insurance and wealth management. Costco members can get discounted rates on their auto insurance policies when they purchase through Connect Insurance.

Some benefits of Costco’s auto insurance include:

  • 24/7 roadside assistance
  • Free lifetime renewability
  • Free glass repair and replacement
  • Discounts for safe driving, multiple policies, and other factors

Costco’s auto insurance policies also offer a variety of coverage options, including:

  • Liability coverage
  • Collision coverage
  • Comprehensive coverage
  • Personal injury protection
  • Uninsured/underinsured motorist coverage

Costco Auto Insurance FAQ

How do I get a quote for Costco’s auto insurance?

You can get a quote for Costco’s auto insurance online, over the phone, or in person at a local Costco warehouse. You’ll need to provide information about the make and model of your vehicle, your driving history, and other factors that can impact your insurance rates.

Do I have to be a Costco member to get auto insurance?

Yes, you must be a Costco member to purchase auto insurance through Connect Insurance.

What discounts are available for Costco’s auto insurance?

Costco offers a variety of discounts for its auto insurance policies, including safe driving discounts, multiple policy discounts, and more. You can contact Connect Insurance to learn more about the discounts available to you.

Home Insurance

Costco’s home insurance is also underwritten by Ameriprise, and Costco members can get discounted rates on their policies when they purchase through Connect Insurance.

Some benefits of Costco’s home insurance include:

  • 24/7 claims service
  • Free identity theft protection
  • Available in all 50 states
  • Discounts for home security systems, new homes, and other factors

Costco’s home insurance policies offer a range of coverage options, including:

  • Dwelling coverage
  • Personal property coverage
  • Liability coverage
  • Additional living expenses coverage
  • Water backup coverage

Costco Home Insurance FAQ

How do I get a quote for Costco’s home insurance?

You can get a quote for Costco’s home insurance online, over the phone, or in person at a local Costco warehouse. You’ll need to provide information about your home, its location, and other factors that can impact your insurance rates.

Do I have to be a Costco member to get home insurance?

Yes, you must be a Costco member to purchase home insurance through Connect Insurance.

What discounts are available for Costco’s home insurance?

Costco offers a variety of discounts for its home insurance policies, including discounts for home security systems, new homes, and more. You can contact Connect Insurance to learn more about the discounts available to you.

Life Insurance

Costco’s life insurance policies are underwritten by Protective Life, a company that specializes in life insurance, annuities, and other financial products. Costco members can get discounted rates on their life insurance policies when they purchase through Connect Insurance.

Some benefits of Costco’s life insurance include:

  • Flexible coverage options
  • No medical exam required (for certain policies)
  • Rates that don’t increase as you age
  • Policies that build cash value over time

Costco’s life insurance policies offer two main types of coverage:

  • Term life insurance, which provides coverage for a specific term (such as 10 or 20 years)
  • Permanent life insurance, which provides coverage for your entire life and includes a savings component

Costco Life Insurance FAQ

How do I get a quote for Costco’s life insurance?

You can get a quote for Costco’s life insurance online or over the phone. You’ll need to provide information about your age, health, and other factors that can impact your insurance rates.

Do I have to be a Costco member to get life insurance?

Yes, you must be a Costco member to purchase life insurance through Connect Insurance.

What types of life insurance does Costco offer?

Costco offers both term life insurance and permanent life insurance policies through Protective Life.

Conclusion

If you’re a Costco member, you may be able to save money on your insurance policies by purchasing through Connect Insurance. Whether you’re in the market for auto, home, or life insurance, Costco’s insurance offerings may be worth considering.

Remember to shop around and compare rates from multiple insurers to ensure you’re getting the best deal. And if you have any questions about Costco’s insurance policies or Connect Insurance, don’t hesitate to contact their customer service team for assistance.

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