It is very important to conduct a thorough auto insurance review when trying to figure out which insurer will be the best auto insurance company to meet your specific needs. Auto insurance companies across the country offer essentially the same products. Some offer slightly different policy options, but because there is regulation in auto insurance, there is little real difference between one company’s policy and another. However, the companies themselves can differ greatly. Some are more financially stable than others, some do better at customer service, some have better prices with more discounts available, and some are better at handling claims.
Financial Reviews of the Major Auto Insurance Companies
Doing a review of insurance companies is very important if you are in the market for auto insurance. The most important thing to review is the financial stability of the company. This can be easily done by finding out the rating given to the insurer by one of the major independent insurance rating companies such as Moody’s, AM Best or Weiss Ratings.
Below is a review of several of the top auto insurance companies in the country when it comes to their financial stability. The rating given by AM Best is next to its name. All of these companies received ratings that are considered financially stable with a positive outlook for the future. This indicates that they can be expected to meet their financial obligations and be around for quite some time.
Liberty Mutual Insurance: A
Unitrin insurance: A
Insurance: A
Sentinel Insurance: A+
Allstate Insurance: A+
SF Fire & Accident: A+
National Insurance: A+
Progressive Insurance: A+
AIG Claim: A+
GEICO: A++
There are things to keep in mind. Some of these companies may operate under slightly different names in certain states. It may be to your benefit to check the full name of the company as it is used in your state to ensure the rating is the same. Also, ratings can change at any time, so it’s important to check them at least as often as you receive quotes.
Customer service is another aspect of insurance companies that can be very different from state to state and year to year. Do an online search for complaints filed with your state insurance department regarding the company in question. You can also conduct an online search for customer service information as it pertains to the company you are reviewing. This is also a great way to get information on claims handling and speed.
Since insurance is such a personalized financial product, the only way to review the top companies in terms of price is to get quotes for your individual insurance needs. To do this quickly and easily, you can use an online quoting tool. These tools are free to use and in exchange for several minutes of your time answering questions; you will be rewarded with multiple quotes from the best insurers in your area.
Comparison of auto insurers online
Get started today with your own personal review of the top auto insurance companies to make sure you’re getting the protection you want and need.