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GAINSCO specializes in non-standard auto insurance policies. This means the company covers drivers many insurers would turn down, including people with a history of drunk driving charges or accidents on their records. Read our full GAINSCO review for more information on what this insurer can offer you.
GAINSCO provides coverage when others won't. While its premiums are high and customer service ratings are low, motorists who need a non-standard policy may find GAINSCO is just what they are looking for.
Some online reviews report GAINSCO's premiums are higher than well-known competitors, including Progressive and Geico. Since prices vary depending on driving record and location, it's best to shop around to ensure GAINSCO is the most affordable choice.
GAINSCO offers some standard auto insurance discounts but because the insurer only offers auto coverage, bundling discounts are not an option. Here are the available discounts:
GAINSCO offers only auto insurance, not other types of coverage. This means customers cannot qualify for discounts for bundled policies, and will not be able to get all of their coverage needs met from one insurer.
GAINSCO's coverage options are more limited than many competitors.
GAINSCO has received poor customer service ratings. The insurer earned just 1.11 out of 5 stars averaged over more than 60 customer reviews on the Better Business Bureau website.
Yelp reviewers also awarded GAINSCO 1.0 out of 5 possible stars over more than 90 reviews, with many reviews indicating the company was given one star only because it was impossible to give zero stars.
GAINSCO does not provide insurance other than auto coverage.
When looking for an auto insurer that offers lower premiums: Online reviews report Geico provided cheaper coverage than GAINSCO, and Geico also offers SR-22 coverage. But, keep in mind, Geico also has sub-par customer reviews.
When looking for an auto insurer who offers better customer service ratings: State Farm received high customer service ratings on the J.D. Power Consumer Satisfaction Survey, and it also offers SR-22 coverage. But keep in mind, State Farm doesn't specialize in alternative coverage, so it may not offer policies to everyone that GAINSCO covers.
GAINSCO may be best suited to customers who:
There are certainly car insurance companies out there offering cheaper prices than GAINSCO, but drivers with limited options for coverage may find this insurer fits the bill regardless.
At The Motley Fool Ascent, insurers are rated on a scale of one to five stars. We primarily focus on pricing, coverage options, and customer satisfaction; however, we also take into account features like unique discounts, online and app-based experiences, and branch access. Our highest-rated auto insurances generally include low costs, solid coverage, and high customer satisfaction.
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