Founders Auto Insurance Review for 2025 (See Ratings & Cost Here!)

Our Founders auto insurance review found it offers good insurance options for those needing high-risk auto insurance coverage, with add-ons like gap.

Founders Auto Insurance Rating

Rating Criteria
Overall Score	2.7
Business Reviews	3.0
Claim Processing	2.0
Company Reputation	3.0
Coverage Availability	2.4
Coverage Value	2.5
Customer Satisfaction	3.7
Digital Experience	3.0
Discounts Available	3.0
Insurance Cost	2.8
Plan Personalization	3.0
Policy Options	2.2
Savings Potential	2.9

While Founders Insurance Company has strong financial ratings, the company does have some negative customer reviews regarding claims processing.

The company’s rates also tend to be higher for good drivers, so it may not be the best choice cost-wise for all drivers.

Before making a decision, make sure to compare quotes from multiple auto insurance companies in your area. Whether you are a high-risk driver or a driver with a great driving record, our free quote tool will help you find the best deal.

Comparing The Cost of Founders Auto Insurance

Cost is often one of the most important factors to car insurance shoppers. While rates vary greatly for customers due to differences in driving record, location, age, and other insurance rate factors, you can get an idea of what Founders Insurance Company will charge based on the averages below.

Founders Auto Insurance Monthly Rates by Age, Gender, & Coverage Level

Teenage drivers will pay the most at Founders Insurance Company if they are purchasing their own policy. Rates will be more affordable if they join a parent’s existing Founders policy, however.

Read More: Should I add my teenager to my auto insurance policy?

For more insight into Founders’ car insurance rates, take a look at the average cost of insurance by driving record below.

A DUI raises auto insurance rates the highest at Founders Insurance Company, which is typical at most insurance companies. Rates are often increased for at least a few years following any driving incident, whether a ticket or an accident.

Founders Auto Insurance Rates vs. the Competition

Founders Insurance Company is not the only auto insurance provider out there, which is why we want to evaluate its affordability in comparison to other major companies. Below, you can see Founders’ average rates versus other competitors like Geico based on minimum and full coverage policies.

Founders Auto Insurance Monthly Rates by Provider & Coverage Level

Insurance Company	Minimum Coverage	Full Coverage
	$87	$228
	$62	$166
	$80	$220
	$43	$114
	$96	$248
	$63	$164
	$56	$150
	$47	$123
	$53	$248
	$32	$84

Founders Insurance is the second most expensive company on average, besides Allstate (Read More: Allstate Auto Insurance Review). If you are looking for affordability, Founders may be out of your price range.

However, when looking at average rates by driving record, Founders car insurance is more affordable than other companies.

Founders Auto Insurance Monthly Rates by Provider & Driving Record

Insurance Company	Clean Record	One Ticket	One Accident	One DUI
	$228	$268	$321	$385
	$166	$194	$251	$276
	$100	$120	$130	$170
	$114	$151	$189	$309
	$248	$302	$335	$447
	$164	$196	$230	$338
	$150	$199	$265	$200
	$123	$137	$146	$160
	$141	$192	$199	$294
	$84	$96	$111	$154

Based on these rate averages, Founders might be best for those with poor driving records, but drivers with clean records looking for full coverage will likely find cheaper insurance elsewhere.

Auto Insurance Coverage Options at Founders

Founders provides all the coverages needed to meet state requirements, as well as some optional add-ons. We’ve listed all the types of auto insurance coverage Founders Insurance Company offers below.

Founders Auto Insurance Coverages

New car owners may want to take advantage of gap coverage, which will help cover the loan amount if a new car is totaled. Founders also offers SR-22 insurance and Financial Responsibility (FR) Bond insurance.

SR-22 insurance from Founders Insurance Company is for high-risk drivers who must provide proof of coverage to reinstate their driver’s license. FR Bond insurance is similar to SR-22 insurance, but it provides less coverage than SR-22.

Saving Money With Founders Insurance Discounts

Our Founders car insurance review finds that it can be a bit pricier than other companies, but discounts can bring down the cost and make coverage more affordable.

Founders Auto Insurance Discounts

Founders’ biggest discount is for bundling (Read More: How to Save Money by Bundling Insurance Policies). Discount availability may vary depending on your state, so make sure to ask a Founders Insurance Company agent which discounts are available in your state.

Most discounts should be widely available, such as the Founders Insurance Company bundling discount. The more discounts you can qualify for, the better your Founders auto insurance rates will be.

Customer Reviews of Founders Insurance

Like all auto insurance companies, Founders has mixed reviews from customers. Negative reviews on sites like Reddit and Yelp are mainly due to denied claims or delays in communication, such as in the Yelp review below.

The majority of reviews on rating sites are negative, as Founders Insurance Company has one star overall on Yelp and two on Google reviews. Customers complain about poor customer service from agents, as well as low claim amounts and claim disputes.

Read More: How to Dispute an Auto Insurance Claim

Business Ratings of Founders Insurance Company

Because customer reviews usually tend to be negative, it’s important to also consider the business ratings of a company for a more complete picture of customer satisfaction, as well as financial health and business practices. Below, see what Founders Insurance Company has been rated by companies like J.D. Power and A.M. Best.

Founders Insurance Business Ratings & Consumer Reviews

Agency
	Score: 769/1,000 Avg. Satisfaction
	Score: A+ Excellent Business Practices
	Score: 75/100 High Customer Satisfaction
	Score: 0.85 Avg. Complaints
	Score: A Excellent Financial Strength

Founders Insurance Company has just average customer satisfaction ratings on J.D. Power (Learn More: Auto Insurance Companies With the Best Customer Service). However, its BBB rating for business practices is excellent, and it has a strong A.M. Best rating for financial strength.

So, while Founders may not have the highest customer satisfaction score, its financial health and business practices are in good standing.

Founders Auto Insurance Pros and Cons

Founders Insurance Company will not be the right choice for all drivers, but there are some pros that make it right for some customers.

• High-Risk Coverage: Founders insures drivers who may have trouble getting insured due to poor driving records.
• Add-On Coverages: Founders Insurance Company has extras like gap insurance that can be added onto a policy (Learn More: Best Gap Insurance).
• Financial Strength: Founders has an A rating from A.M. Best, meaning it is in good financial standing.

Of course, there are some downsides to choosing this company. The most common cons in Founders Insurance reviews include:

• Higher Rates: Because Founders offers higher-risk coverage like SR-22 insurance, its rates are going to be higher.
• State Availability: Founders Insurance Company is only available in Illinois, Indiana, Ohio, and Wisconsin.

If the Founders Insurance Company isn’t in your state, you will have to look elsewhere for insurance. Luckily, there are plenty of other great companies available, whether you are looking for non-name brand car insurance or well-known insurance.

Decide if Founders Auto Insurance is Right for You

Our Founders auto insurance review found that drivers with high-risk driving records may find its SR-22 auto insurance coverage and add-ons like gap insurance beneficial. However, the company’s customer service reviews and limited state availability mean that it is not suitable for all drivers.

If you need help finding an affordable auto insurance option in your state, compare rates with our free tool. It will collect quotes from companies in your area to help you find the best deal.