There are countless auto insurance companies to choose from. So how do you know which auto insurance company is best to sign a policy with? Viewing auto insurance company ratings online are probably your best bet.
You’re going to want to make sure your auto insurance provider is affordable, while still offering an adequate level of auto coverage, but more importantly, you’re going to want to choose a provider with high ratings in customer service and support.
There are many auto insurance companies with high ratings in all these areas, but you may still find it difficult to make sense of the auto insurance company ratings whilst shopping for a new policy.
How Are Auto Insurance Company Ratings Calculated?
There is a lot that goes into calculating the rating of a particular auto insurance provider. Customer reviews and satisfaction come into play here in a big way. The absolute best way to determine the quality of an auto insurance company is to see what real customers are saying about their experience.
As mentioned previously, the cost, level of coverage, and customer support are the biggest things you’re going to want to look for while sifting through the various auto insurance ratings.
Finding the perfect balance between expenses and coverage certainly isn’t easy, but it is possible. Entering your zip code in the field at the top of this page and getting quotes from a variety of providers is a fast an easy way to start finding this balance.
The other route you can take is to determine exactly how much coverage you need. After eliminating the companies from your list that don’t meet your criteria, you can then choose from the insurance providers that fall within your budget. The important thing to remember is to not cut yourself short on coverage.
But don’t forget to take customer service and support ratings into consideration. There is nothing worse than having to rely on your auto insurance company in your time of great need, and to not get the support from the claims agent that you so desperately need.
Auto insurance company ratings by company
Depending on the auto insurance company, there will be different things to look for. After all, every auto insurance company is different. Some of the more popular ones include:
These companies are all listed in JD Power and Associates’ annual auto insurance provider ratings. This study, conducted annually, measures customer satisfaction in auto insurance providers across five factors: price, offerings, interaction, billing and payment, and claims. To view these ratings, please visit the JD Power website.
Finally, you can also check Standard and Poor’s ratings on financial strength for insurance companies. These ratings measure the insurance company’s ability to pay out a claim. After all, there is nothing worse than to be paying for car insurance and then find out that your insurance company has no way of helping you out following the accident.