Liberty Mutual offers broad coverage options and one of the best new car replacement programs available. Rates are above average but multiple discount programs can significantly reduce premiums. Founded in 1912 and headquartered in Boston, MA, Liberty Mutual holds an AM Best financial strength rating of A and scored 831 out of 1000 on the J.D. Power 2026 U.S. Auto Insurance Study.
Liberty Mutual Pros and Cons
- New car replacement program
- Accident forgiveness
- RightTrack telematics discount
- Broad coverage options
- Rates above national average
- Below-average J.D. Power score
- High complaint ratio
Bottom line: Liberty Mutual is best for New car owners wanting replacement coverage.
Liberty Mutual Rates by Driver Profile
| Driver Profile | Estimated Annual Rate | vs. National Average | Assessment |
|---|---|---|---|
| Clean record — 35, good credit | $1,788 | $216 below avg | Above average |
| One speeding ticket | $2,235 | +25% surcharge | Standard |
| At-fault accident | $2,592 | +45% surcharge | Standard surcharge |
| DUI conviction | $3,182 | +78% surcharge | Higher than average surcharge |
| Teen driver added | $3,254 | +82% surcharge | Standard teen surcharge |
Liberty Mutual Coverage Options
Liberty Mutual offers standard auto insurance coverage types including liability, collision, comprehensive, uninsured motorist, and medical payments. Gap insurance is not available directly from Liberty Mutual — you may need to purchase it from your dealer or a third party. Rideshare coverage availability varies by state at Liberty Mutual.
Is Liberty Mutual Right for You?
Liberty Mutual is an excellent choice for New car owners wanting replacement coverage. Our recommendation is to always compare Liberty Mutual's rate against at least 3 other insurers before committing. Insurance rates are highly individualized and the cheapest insurer varies by your specific driver profile, location, and vehicle. A comparison shopping session takes 10 minutes and can save you $400 to $2,000 per year.