The first problem faced by everyone, after buying a new car, is to choose the best insurance company that guarantees total coverage of any loss faced by you due to your car. Car insurance is a legal requirement in the most of the developed countries. Car insurance companies can cover up for damage suffered by your car in any car accident or any other similar situation, unless it is struck by a natural calamity; in which case, the insurance is of no use.
To choose a best insurance company to cover up for your car, you need to look into certain aspects, like friendly and supportive customer service representatives, comprehensive coverage, affordable shopping experiences for customers, and so on. The price of the car insurance policies also has to be taken into consideration, which has dropped very significantly due to increasing competition in the recent years. More competition in their business means lower prices.
In short, you have to look for a company that is reliable, and offers the best bang for the buck. In this article, we have compiled a list of some of the best car insurance companies 2016. These companies are ranked on the basis of their customer service, customer reliability, friendly customer support, and certain other aspects. Take a look below for some best car insurance companies 2016, which offer the best services out there.
Top 10 best car insurance companies 2017
The American Automobile Association is one of the best service providers in terms of car insurance. The American Automobile Association is a not-for-profit organization. They offer very effective and reliable insurance plans. The central headquarters of American Automobile Association are situated in Heathrow, Florida. They have over 54 million clients all over America and Canada.
They offer a number of effective services to their clients. They are committed to provide their clients with best services all over America, and are widely used for car insurance all over United States of America. Moreover, they have a roadside assistance program for their clients, for helping their clients to every extent they can. They have a large number of affordable insurance plans and policies, targeted on individuals to businesses, and offer very reliable vehicle insurance. This insurance company is ranked tenth on our list of top 10 car insurance companies 2016.
The Esurance Insurance Services is a USA-based auto insurance company, offering insurance to a large percentage of the population of the United States. This insurance company is a subsidiary owned by Allstate. They go by the slogan of Insurance for the Modern World.
According to a report conducted in 2012, Esurance Insurance Services generates revenue of $1.028 Billion US dollars, on annual basis. Esurance Insurance Services provides insurance to almost ninety percent of the total population of the 40 states of United States, where it is effective. They offer as an unbiased shopping and comparison website, in the other 10 states, where they are inactive. They have a total of 849,000 active policies.
They have almost 16 headquarters, nationwide, in 40 states where they are active. They also have a large number of employees, employing a total of 2,500 citizens of United States in their offices. This company offers very reliable insurance policies in very competitive prices, which can be bought at the ease of your own home, from the internet. They have a very reliable and effective coverage system, and a friendly and supportive customer support. This insurance company is ranked ninth on our list.
The Hartford Financial Services Group, often called The Hartford, is one of the best insurance companies based in the United States. They also offer investment services. This enormous organization is based in Hartford, Connecticut, and was nominated for the Fortune 500 list, that ranks the top 500 organizations in the U.S. based on their gross revenues. Their insurance is mostly endorsed for its affordable and reliable policy options.
This gigantic organization employs a large number of agents and brokers for representing them. They also offer special auto and home insurance for the members of the American Association of Retired Personnel, at discounted rates without commission. According to a 2013 report, The Hartford generates a total of $26.2 Billion dollars, annually; a large amount of which is used for insurance coverage, of course.
They offer many valuable and attractive packages along with their auto insurance policies, such as, new car replacement, collision and comprehensive protection, life time car repair assurance, recover care. They also offer a wide range of insurance policies, from auto insurance to business and property insurance. They have very effective and reliable insurance policies. This tremendous investment and insurance network organization is ranked 8th on our list. The Hartford is ranked eighth on our list of top 10 auto insurance companies.
The Nationwide Mutual Insurance Company & Affiliated Companies is a group of companies offering a lot of insurance and financial services, based in the United States. This gigantic network employs a total of 33,000 employees from all over the United States. Their central headquarters is situated in Columbus, Ohio.
The company also administers several other regional headquarters; spread all over the U.S. According to a 2012 report, Nationwide generates revenue of $30.36 billion dollars, each year. Nationwide goes by the slogan of Nationwide is on your side, and strives to offer the best insurance policies out there. Nationwide is also nominated in the latest Fortune 500, and 100 best companies to work for list.
Nationwide has grown from a local insurance provider to a national financial entrepreneur. Nationwide offers very effective and affordable auto insurance policies, for all kind of individuals, in every budget range. They offer very reliable auto insurance. They have professional and experienced representatives to help you find a policy that best fits your needs and budget.
They also have a highly trained staff to make your claim handling process as much easy and hassle-free as possible .Nationwide is very good in terms of claim handling, with a very low amount of complaints from unhappy customers; however, every company has some unhappy customers. Nationwide Insurance is ranked seventh on our list.
The Farmers Insurance group is one of the oldest insurance providers in the United States. They offer insurance for certain properties, automobiles, houses, and small businesses, as well. The Farmers Insurance Group was founded in 1928. The company is based in Los Angeles. The Farmers Insurance is committed to providing their customers with exceptional insurance services since the last better part of the century.
The Farmers Insurance employs a total of over 50,000 independent agents for representing them, and almost 22,000 employees for direct representation. The Farmers Insurance group also sponsors certain events, like NASCAR, The Farmers Insurance Open, and The Farmers Field. The company suffered a lot of complaints in 2006-2008, but it ascended again with great potential. Nowadays, choosing the Farmers Insurance is a very wise choice, as they provide very effective insurance policies, at affordable prices.
Their friendly and experienced staff offers the convenience and ease of access for customers. They provide hassle-free claim handling, and accessibility for customers. The farmers insurance provides home insurance, motorcycle insurance, life insurance, mutual funds, business insurance, and recreational insurance, along with auto insurance.
Their reliability is unquestionable, as they provide very reliable insurance policies in every budget. Moreover, they have received an excellent financial rating from the rating agencies focused on the insurance industry. The Farmers Insurance group is trusted by many for buying insurance policies. Recently, the Farmers Insurance group has achieved a very low complaint rate. The Farmers Insurance group is ranked sixth on our list of the best car insurance companies 2017.
GEICO (Government Employees Insurance Co.) is an auto insurance provider based in the United States. GEICO is a subsidiary owned by Berkshire Hathaway, which is an American multinational conglomerate holding company. GEICO employs a total of over 27,000 employees, and it’s headquarter is situated at Chevy Chase, Maryland, U.S. According to a 2004 financial report, GEICO raises gross revenue of $9.21 million dollars.
It is the second largest auto insurer provider in the United States. According to a 2007 report, GEICO provided coverage for more than 13 million vehicles. One of the best things about GEICO is that they use a direct-to-consumer business model. They offer very reliable insurance policies. GEICO is also popular for its funny TV commercials which tend to amuse the viewers, along with advertising their insurance services.
A recent study shows that 4 out of every 10 auto insurance policies are bought from GEICO in the United States. GEICO was established in 1936 as an auto insurance provider for the government employees, by Leo Goodwin. One of the success recipes of GEICO is their attractive and amusing advertisement campaigns. GEICO has also been sponsoring some motorsport racing events. Currently, GEICO is sponsoring the German Racing Team in NASCAR event.
GEICO’s insurance policies are very effective, and economical. They have a very friendly and receptive representative staff. GEICO has been offering auto insurance policies to the customers since 1936, and always strived to satisfy their customers. GEICO’s comprehensive insurance plans, and smooth claim handling makes them stand out among hundreds of other auto insurance providers. In 2014, GEICO was awarded an honor due to the highest customer satisfaction rate, among all the insurance companies. A recent financial report has shown that GEICO has over 12 million policy holders in the United States. GEICO is ranked fifth on our list of the top insurance providers.
The United States of Automobile Association, commonly abbreviated as USAA, is a group of companies offering a number of financial and insurance services. USAA was founded in 1924 by the name of United States Army Automobile Association. USAA main headquarters are situated in San Antonio, Texas, United States, based on an area of 286 acres. The organization employs a total of almost 27,000 employees, currently. It has a total of 19 financial centers all over the United States. The organization began as an auto insurance provider for military personnel, established by a group of U.S. army officers.
Later on, as the organization began to rise, they started offering a number of different financial services, including brokerage, life insurance, etc. This company offers very comprehensive and economical plans for military or ex-military personnel, and their families; however, the company offers very restricted services to civilian and is not recommended for civilians of the United States.
USAA offers a large number of alternative services along with insurance providing, such as, banking, brokerage, etc. The USAA provides very comprehensive and affordable insurance plans for the military personnel, and offers the most convenient and hassle-free claim experience. It was also nominated for the latest Fortune 500 list. However, the USAA does not have enough to offer to the civilians of the United States. The USAA is ranked fourth on our list of the best auto insurance providers of United States.
Allstate is a public insurance providing organization, based in the United States. Allstate is the third largest personal lines insurer in the United States. Allstate was established in 1931, as a tires manufacturer company. Later on, they started providing auto insurance, and other financial services. Currently, Allstate has the gain over the 18% of the auto insurance consumer market of the United States. As of 2014, Allstate generates a net income of over $2.75 billion dollars, annually.
According to a survey made in May 2016, there are over 40,200 employees employed at Allstate. Their central headquarter is based in Northfield Township, Illinois, United States. The company holds various valuable subsidiaries, including Esurance, and Encompass Insurance Company. Allstate offers a large number of products and services, such as, auto insurance, life insurance, retirement insurance, business insurance, and certain banking services. Allstate employs a well-informed and friendly network of agents, who are able to convince the clients to become a customer of Allstate.
Allstate offers very reliable and comprehensive auto insurance policies. It offers a claim satisfaction guarantee, and also offers money-back guarantee in case of unsatisfied customers. Allstate has a very good customer satisfaction rating, and has a very low number of unsatisfied customers. You can get all sorts of information from the well-aware agents employed all over the United States. Moreover, the organization also provides bonuses for safe driving as an extra feature. Allstate is ranked third on our list of the best auto insurance providers.
State Farm is a group of companies offering certain financial and insurance services. It is the largest insurance provider in the United States. State Farm was founded by George Mecherle in 1922. State Farm provides various services ranging from, insurance to banking services. The central headquarters of State Farm are situated in Bloomington, Illinois, United States. The State Farm is serving as an insurance and financial services provider in the United States and Canada since the last 92 years. State Farm was also nominated in the 2013 Fortune 500 list, and was ranked at the 44th spot.
State Farm operates on a network of 18,000 agents, 343 claim offices, and 30 operation centers all over the United States and Canada. The State Farm employs a total of 65,000 employees all over the United States and Canada. The State Farm is the best insurance provider in terms of their customer service. According to a February 2014 report, State Farm is serving over 44 million auto insurance policies, and holds over 2 million bank accounts in the United States and Canada.
They offer very reliable auto insurance plans; however, at relatively high expenses. They offer an exceptional customer support, and maintain an excellent customer-representative relationship, due to which it is the largest service provider in the United States, as well as Canada. Despite of being the largest insurance provider; State Farm is ranked second on our list of best auto insurance providers.
Liberty Mutual Insurance is the third largest casualty and property insurance provider based in the United States, according to reports of the National Association of Insurance. Liberty Mutual Insurance provides its insurance services all over the world. It was also nominated for the fortune 100 list for 2013. The central headquarters of Liberty Mutual Insurance are located in Boston, Massachusetts, United States.
According to a 2013 study, Liberty Mutual Insurance employs a total of 50,000 employees, from all over the world, and generates net revenue of $38.5 billion dollars. The Liberty Mutual Insurance was established in 1912, and has been offering its insurance services from the last century. It offers a diverse range of insurance policies including, automobile insurance, home insurance, and business insurance, etc.
They offer very effective and reliable insurance policies, at very affordable prices. They have the best customer satisfaction rate, and a very friendly customer support staff. They have achieved an excellent financial ratings based on the experience of the customers. They also offer hassle-free and painless claim-handling. The Liberty Mutual Insurance is the best insurance provider of 2016. It is ranked first on our list of the best car insurance companies 2016.