Marissa Hayes is a technical editor and contributing writer. She holds a Bachelor’s Degree in history, and she was the editor of the literary magazine, The Bluestone Review.

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Dan Walker graduated with a BS in Administrative Management in 2005 and has been working in his family’s insurance agency, FCI Agency, for 15 years. He is licensed as an agent to write property and casualty insurance, including home, auto, umbrella, and dwelling fire insurance. He’s also been featured on sites like Reviews.com.

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Reviewed by Daniel Walker
Licensed Car Insurance Agent

UPDATED: Oct 1, 2021

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The Short of It

  • Most auto insurance companies allow you to pay with a MasterCard
  • You may be charged a convenience fee to make a payment with a credit card
  • You can save money by paying for your auto insurance up front, but it may lower your credit score

It might surprise you to learn that almost all auto insurance companies will allow you to pay for your auto insurance with a credit card.

Most auto insurance companies that accept MasterCard will allow you to pay upfront and offer multiple ways to pay. However, you may be charged a fee for using a credit card.

Shop around to find affordable auto insurance companies that accept MasterCard. Compare multiple companies to find the cheapest rates for you.

Enter your ZIP code now to compare free quotes from auto insurance companies that accept MasterCard near you.

Which auto insurance companies accept MasterCard?

Can I pay my car insurance with a credit card?

Probably, since all of the top companies allow you to pay for your car insurance on a credit card. You might run across some smaller auto insurance companies that don’t accept MasterCard.

Keep in mind, you might have to pay a convenience fee of up to 4% since the insurer will have to pay a fee to MasterCard.

This table shows you the average annual rates from auto insurance companies that accept MasterCard based on the type of coverage you choose.

Average Annual Auto Insurance Rates Based on Coverage Type
CompanyAverage Annual Rates for Low CoverageAverage Annual Rates for Medium CoverageAverage Annual Rates for High Coverage
Allstate$4,628.03$4,896.81$5,139.02
American Family$3,368.49$3,544.37$3,416.40
Farmers$3,922.47$4,166.22$4,494.13
GEICO$3,001.91$3,213.97$3,429.14
Liberty Mutual$5,805.75$6,058.57$6,356.04
Nationwide$3,394.83$3,449.80$3,505.37
Progressive$3,737.13$4,018.46$4,350.96
State Farm$3,055.40$3,269.80$3,454.80
Travelers$4,223.63$4,462.02$4,619.07
USAA$2,404.11$2,539.87$2,667.92
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Auto insurance companies will allow you to make your credit card payment in a number of ways. You can pay online through the company website, use the company app, or call customer service to make a payment.

Many companies will also allow you to set up automatic payments if you don’t want to pay your bill in full. This way you don’t have to worry about missing a payment.

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What are the pros and cons of paying for auto insurance with a credit card?

Although making your insurance payment with a credit card offers some perks, there are many pros and cons to consider.

Pros of using your credit card to pay for your auto insurance include:

  • Your insurer may offer an auto insurance discount for paying your bill upfront or for setting up automatic payments.
  • You may get points with MasterCard for making the purchase. Points can be turned into cash.
  • You won’t miss a payment and allow your coverage to lapse.
  • It’s very convenient and fast to use your credit card.

However, there are disadvantages to using your credit card. The cons of paying your auto insurance with a MasterCard include:

  • If you don’t pay your credit card bill in full, you will be paying interest which can cost you a lot of money over time.
  • You may be charged a fee by your auto insurance company for using a credit card since it will have to pay a fee to MasterCard.
  • Your credit score can be negatively impacted by adding more debt.

If you are renting a car, your credit card may carry insurance according to MasterCard. You may be covered even if you don’t have rental insurance through your auto insurance company.

Auto Insurance Companies that Accept MasterCard: The Bottom Line

All of the top auto insurance companies accept MasterCard, but you might have to pay a fee for using it.

While you can save money by paying for your auto insurance upfront, you might actually lower your credit score and raise your rates.

Shop around to find the cheapest car insurance companies that accept credit cards. Compare various companies to find your best deal.

Enter your ZIP code to compare quotes from car insurance companies that accept MasterCard in your area for free.