A thorough auto insurance review is very important when it comes to figuring 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 policy from one company and another. However, the companies themselves can differ greatly. Some are more financially stable than others, some do better in customer service, some have better prices with more discounts available, and some are better at handling claims.
Financial reviews of the top 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 easily be done by finding out the rating given to the insurer by one of the leading independent insurance rating companies such as Moody’s, AM Best or Weiss Ratings.
Below is a review of several of the nation’s top auto insurance companies as it relates 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 be able to meet their financial obligations and be around for quite some time.
Liberty Mutual Insurance: A
Unitrin Insurance: A
Safe: A-
Sentinel insurance: A+
Allstate Insurance: A+
SF Fires and Accidents: A+
National Insurance: A+
Progressive Insurance: A+
AIG Sinister: 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 that 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 from year to year. Do an online search for complaints filed with your state insurance department regarding the company in question. You can also perform an online search for customer service information in regards 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 car insurers online
Get started today with your own personal review of the top auto insurance companies, to make sure you get the protection you want and need.