LOOP

The Car Insurance Guide

Overall Personalized Rating: 4.2/5 (Very Good)

Summary

LOOP offers telematics-based pricing as a means of removing social bias and injustice from the typical car insurance model. Customers enjoy pricing that is based on their actual driving style and skill, rather than their credit score, location, or gender.

Key Benefits

Offer fair pricing NOT based on credit score
Invests part of their profits in our communities
Fair-priced quotes available in minutes

Ratings Summary

Ratings Highlights

Overall Rating

Drivers looking for a fresh take on car insurance should absolutely give LOOP a try. Telematics allows for fairer pricing, which can benefit those that drive safely. Their refusal to check customer credit scores is a particularly great perk of choosing this company, as it removes some of the bias currently present in most insurance pricing models.

Pricing

Pricing is where LOOP really shines, as they utilize telematics to provide fairer insurance costs to all drivers. Your rates will be calculated based on how you drive rather than on who you are. Some of the factors taken into consideration? Typical speed, mileage, and phone usage while driving. Factors you don't need to worry about? Your credit score.

Handling Claims

As a new carrier with limited availability, reviews on LOOP's handling of claims in particular are hard to find at this time.

Uninsured Drivers

Uninsured drivers who are confident in their safe driving habits can achieve low rates through LOOP due to their telematics system.

Young Drivers

Young drivers should definitely check out LOOP, as your age is not a major factor in their pricing model -- with most other carriers, you'll pay higher rates for being a driver under 26.

Bundling Auto with Other Insurance Types

LOOP Car Insurance does not currently offer bundling.

Drivers with Tickets/Accidents

The key to getting a good price through LOOP as a "bad driver" is to change your driving habits now. Drive more safely, and your rate will likely be lowered.

Premium Driver

While your credit score and other personal factors won't play a role here, your driving style will. If you drive safely, stay under the speed limit, and keep phone usage while driving to a minimum, LOOP's telematics-based pricing can lead to fantastic rates.

Company Background

A registered B-corp, LOOP is an auto insurance carrier committed to providing fairly priced, equitable car insurance options to all drivers, regardless of their credit score, zip code, or current financial standing. Their pricing is based on telematics, a measure that focuses on how you actually drive, removing social bias from the equation.

The Car Insurance Guide's Reviews Methodology

The Car Insurance Guide uses a proprietary algorithm to evaluate the car insurance options presented. Factors reviewed and rated include pricing, handling of claims, age of driver, bundling, and driver type. These factors are evaluated and scored to provide an overall score for the carrier as well as being individually assessed to provide a detailed review of the fit of the carrier to the driver. The data comes from research The Car Insurance Guide conducts as an invite-only annual survey and from interviews with car insurance agents. Insights from experts, those whose job it is to understand and recommend the best insurance companies for their clients, is invaluable. Use of The Car Insurance Guide's 2025 reviews by third parties without the express written consent of The Car Insurance Guide is strictly prohibited.