The number of auto insurance companies has risen steadily over the last few years. But, only the strongest and the toughest of the lot, that offer best to their policy holders, have managed a strong foothold and market presence. These are companies that have been providing the best coverage to customers consistently over the years. Though they have a flip side, like most others, it is their strong points that make them the market leaders.
Progressive is America’s third largest auto insurance provider in the United States of America. This company occupies the top spot because of the affordable rates is provides without getting customers o to compromise on their coverage requirements. They provide a feature using which customers can choose their own policy based on their budget. While the customer service offered by this company is questionable at times, they are unmatched in terms of auto insurance rates and customized policies.
Allstate auto insurance is another strong contender in the insurance industry. This provider offers a discount of close to 45% for drivers who have driven claim-free for three consecutive years. This company gets an upper hand because of the help they offer customers in designing coverage plans that are best suited to individual requirements. Another feature that gets this company the brownie-points is the bumper-to-bumper coverage. Customers with this coverage can purchase a brand new car of their choice equivalent to the cost of the original car in case the latter is either totaled in an accident or stolen with the first 36 months of owning it. Though, on the flip side, customers need to regularly follow-up with the company to ensure proper discounts are applied to their policies, the rebates offered the company to keep costs low takes the cake.
The online auto insurance provider with no brick and mortar outlets, Esurance, is another top favorite. The persevering effort of this provider to reduce the carbon footprint has led to an increase in the number of customers who believe in playing their part to save the environment, by opting for their policies. However, the lack of agents who can help file claims in case of an accident can prove to be a major drawback.
Simple and easy-to-understand policies made available at affordable rates are what make Geico another favorite. This company is one of the few auto insurance providers who offer a flexible payment plan based on the customer’s budget constraints. While the lack of communication when implementing policy changes can be a dampener, the flexible payment plans are a sure hit.
State Farm cannot be excluded from the list of favorite auto insurance providers in America. This company makes the mark because of its credibility and honest agents who ensure you understand the coverage well before signing up for it. Though, on the flip side, the company takes a long time to process claims, the friendly agents more than make up for this drawback.
