Breaking Down the Top 5 Auto Insurance Companies
There are a lot of auto insurance companies available from which you can choose. Listed here are the Top 5 companies. This will give you a brief idea of what these companies are all about. The review will cover Esurance, Allstate, Geico, State Farm, and Progressive.
Progressive is one of the oldest auto insurance companies. They have built their success from years of good reputation. They have some added values to their program, including a total loss replacement program. If your car is stolen they will replace your car while using a concierge. You tell the concierge what you want, they find it, and then you show up to test drive it. They also offer an accident forgiveness program. Another benefit, they will keep your rates low if you don’t have an accident in a span of four years. Progressive is proud to state they are currently the third largest auto insurance company in America.
Allstate insurance has some unique added value to their company. When you have a 6-month clean driving record, Allstate will send you a check for 5% of your premium rate. Another perk that Allstate holds is their accident forgiveness program. This program will help keep your rates down even after an accident. If you have bumper-to-bumper coverage, Allstate will give you a brand new car if your car is stolen within 3 model years instead of replacing the depreciated value. Allstate has a few extras in their overall auto insurance and it is what puts them in the top five of auto insurance companies.
Esurance has a unique marketing strategy. No other auto insurance company brings the “green” effect to the table when selling auto insurance. Esurance doesn’t have any brick and mortar offices cutting back on the cost of maintaining office space and pushing paper. Esurance is paperless due to the fact that it is an Internet-based business. When an employee does need to use a company car to operate business, they all use hybrid vehicles. In addition to the “green” friendly vision that Esurance has they are also a member of the Better Business Bureau and are one of the auto insurance companies that hold an A+ insurance rating.
Geico has several programs that can offer insurance at discounted rates. In addition to these discounted rates, they are able to give flexible payment plans. The flexible payment plans can range from installment payments to one single payment. Whichever suits you better and your budget, Geico is flexible on how they receive payment for your insurance coverage. Geico is simple and keeps their rates down.
State Farm was built on practicality and they still hold this as part of their vision. They believe in keeping the rates low while giving the best coverage. They also believe in being an honest company within the auto insurance company circles. They boast that they have more insured cars on the road than any other car insurance company. They are outshining the competition by keeping things practical and honest.
These five auto insurance companies are hard at work trying to keep each and every customer happy. They all offer their own competitive advantages. With these brief descriptions you will be able to develop your own awareness of each company.