Getting a reputable insurance company is not a walk in the park. While it has been made easy with sites like ReviewBirds.com, it is still a task that should be taken seriously because you do not want to subscribe with the wrong car insurance company. As for the US, the same rules apply. You have to be resourceful in your search for the right insurance company for your car. You can do this by going through reviews of car insurance companies.
There are a few things to look for in an insurance company of your choice for your car, and you have to make sure you get it right from the get-go.
Things To Look Out For In A Car Insurance Company In USA
Customer Service
You should find out the response time of the insurance company you want to go for. Having an insurance company that prioritises a client’s satisfaction is the key to enjoying your car insurance policy.
Getting Value For Your Money
Be careful not to fall into the hands of insurance agents or insurance representatives who will promise heaven and earth but will not deliver on the promise. Make sure you go for an insurance company that will give you value for your money.
Confidence and Guarantee
In choosing a car insurance company, make sure you choose one that you’re confident in their policy and service delivery. A reliable car insurance company must be able to guarantee that you will be covered in case of an accident.
Direct Writers
If you can do without going through an agent, you should pick that option. Insurance companies that operate through agents are usually more expensive because of the commission of the agents. It is also easy for an agent to misrepresent an insurance company and promise you what is not in their policy. To avoid these kinds of problems, go for an insurance company that deals directly with its clients.
Top Car Insurance Companies In the US
State Farm
State Farm is owned by State Farm Mutual Automobile Insurance Company. It is a mutual insurance company ranked 36th in the fortune 500 list of the largest company. It has a direct written premium worth $65.6billion and a market share of 9.27%.
Government Employees Insurance Company (GEICO)
GEICO is an auto insurance company that covers over 20 million vehicles with an impressive 16 million policyholders. It has a 24/7 service delivery and has insurance policies for property vehicles, travels and life. It has a direct written premium of $46.1 billion with a market share of 6.51%
Progressive Group Insurance Company
They are a self-acclaimed 3rd largest auto insurance company in the US. They have been offering insurance cover for over 80 years with insurance policies covering commercial vehicles, private vehicles, boats and motorcycles. It has a direct written premium of $39.2 billion and a market share capital of 5.54%.
Allstate Insurance Company
Allstate was established in 1931 and offers insurance cover for vehicles, boats, life, and business. It ranked number 79th on the list of the fortune 500 list of largest companies in the US. It has a direct written premium of $35 billion with a market share of 4.95%
