Is Costco Insurance Any Good?

We love a good Costco run on a Sunday morning. 😎🛒 Nothin’ like grabbing a signature hot dog and browsing the aisles of bulk paradise. Do you need a pallet full of hot sauce? Of course, you put that sh*t on everything. 🔥

Did you know Costco also sells insurance? Is it legit…or worth it? Keep reading to find out!

 

Here’s Five Fast Facts about insurance from Costco:

  1. ✅ (In)sure Thing - Costco insurance? Why the heck not! The big box giant offers all kinds of policies with different coverage options. They’re not offered in every state, but they are in most. Costco uses CONNECT as an underwriter, a partner of American Family Insurance Mutual Holding Company, and has for the last 20 years. In other words, it’s legit.
  1. 🚗 Vroom Vroom - Need your vehicle insured? Costco offers traditional car insurance policies and add-ons like roadside assistance and rental car coverage. Got a specialty vehicle? They also offer policies for ATVs, motorcycles, and boats.
  1. 🏠 Under One Roof - Costco also offers standard home and condo insurance. You can also add coverage for personal property, identity theft protection, and medical liability. If you’re a renter, they have policies for you, too.
  1. 🌟 Like a Pro - So what are the perks and pros of a Costco policy? For one, they’re backed by a trusted national brand and they receive positive reviews from current policy holders. The biggest perk? Members get access to discounted rates. 
  1. ✋ Not So Fast - And now…the cons. Right now, Costco doesn’t offer insurance in these states: Alaska, California, Louisiana, Maine, North Dakota, Rhode Island, and Wyoming. They also don’t offer new auto or home insurance in Florida. Additionally, their policies might not always be the cheapest out there, so always do a comparison before buying. 

🔥Bottom line: If they ever raise the price of Costco hot dogs, you know things are bad. Overpriced glizzies in this economy? We’re taking it to the streets. Spring is in the air and you know what that means - time to break out the deep cleaning supplies. While you're at it, deep clean your finances with these pro tips!

Do you have insurance through Costco?

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