Companies that Provide Automobile Policies
There are so many auto companies out there that it can be hard to decide where to send your business. Each company offers different options and of course, each uses different systems to determine your rates. You can't go wrong with any of the following providers, so buy your policy from the one who can give you the best price on car insurance.
Allstate
One of the most advertised companies on the market today, Allstate is also the biggest company providing various types of coverage to Americans. You can buy car, home, life, and even insure a motor cycle or boat through Allstate, and the ability to do business with them on multiple levels can lead to "customer loyalty" discounts. Even more important, however, is the high financial security rating Allstate has received from Moody's, Standard & Poor's, and A.M. Best. In times of economic crisis, it is especially important to work with a secure provider.
Allstate offers a full range of automotive options, including industry standards like liability, collision, comprehensive, and gap add-ons, as well as coverage for incidentals like towing and rental cars, and even protection for sound systems and other vehicle accessories.
Progressive
Progressive has built its advertising campaigns around the many ways customers can save money. Some of its innovative discount systems include discounts for infrequent or low-mileage drivers, and even a program that tracks motorists' safety habits through an onboard system, promising discounts for drivers with good habits. Progressive has been in business since 1937, but recent improvements to their automotive policies include the new "concierge level" of customer service, meaning that they handle every aspect of a claim from start to finish. Insured motorists also have the option to report claims online, and when a vehicle is repaired at an authorized shop, the repairs made are guaranteed as long as the vehicle remains in your possession.
As mentioned earlier, Progressive is a leader in discounting insurance policies. Other than the innovative options mentioned above, lower rates are available for signing up for a new policy online, owning your own home, paying for a year's policy in full, insuring more than one vehicle with Progressive, and state-based discounts that vary by location.
Geico
In recent years, Geico may be best known for its advertisements featuring the adorable gecko hawking money-saving auto policies everywhere he roams, but the company was actually doing business long before the gecko took center stage. Geico's name formerly stood for Government Employees Insurance Company, and GEICO was the insuring company for the United States military and other government employees.
Today, Geico has more than 8.5 million policy holders, and 14.4 vehicles are insured by those policy holders. In keeping with its historical past, today's Geico offers discounts for military personnel -- and also for senior citizens, students, and members of more than 275 affiliated groups. Geico is constantly seeking new and innovative ways to make coverage more affordable for the average consumer.
Liberty Mutual
Though Liberty Mutual keeps a lower profile than some of the other giants, this company offers comprehensive, affordable policies throughout the United States. The basic Liberty Mutual policy is called LibertyGard, and it covers liability costs, uninsured motorist coverage, and medical payments, while offering numerous other add-ons like collision, natural disaster coverage, and towing compensation. Drivers can also purchase Personal Injury Protection coverage, which protects them against lawsuits and provides a defense attorney regardless of the charges made against them.
As a company, Liberty Mutual has a strong personal responsibility component, and drivers are rewarded for safe habits, good records, and the purchase of a vehicle rated well by the Insurance Institute for Highway Safety.
Nationwide
This company has earned the right to say "Nationwide is on your side," after receiving awards for its exceptional claims service. Nationwide also offers accident forgiveness for a first-time offense, including teen drivers in this policy. Other available discounts include better rates for motorists who insure their cars and homes through Nationwide, who have five or more years with a clean driving record, whose vehicles include various safety and anti-theft features, and who have passed state certified driver's education courses.
State Farm
In business since 1922, State Farm is one of the oldest companies in the United States today. We all know their motto, "Like a good neighbor, State Farm is there." Regardless of your status as a good neighbor, this provider uses factors like where you drive, how often you drive, and demographics like age, sex, and marital status to determine how much you will pay for automobile coverage. Both ecologically and socially responsible, State Farm encourages motorists to reduce the time they spend on the road by carpooling and using public transportation whenever possible.