Best Auto Insurance Companies
Getting an insurance for your vehicle is the first step after you purchase a four-wheeler of your own. Most of us are driving safe, following all regulations and know the rules perfectly. We are sure that getting into an unpleasant situation will never happen to us as we always play it safe on the road. But the danger is always there, even you are the safest driver in the world. That’s why auto insurance companies are a must visit place for each car owner. It is important even when you won’t need it. Each individual needs to undergo the procedure of legally protecting the car and the owner. That’s why companies that offer such services are in high demand and finding one that suits the needs of a driver is a top priority from all angles. This RankTopTen list of insurance companies is a tool of defining the best one to use.
Car insurance companies offer a wide range of services. When you get a coverage for your vehicle, it obviously means that you will get a compensation if your car receives physical damage. The best car insurance also offers a package of not vehicle-related guarantees, such as medical insurance when a driver gets traumatized in an accident, fire, theft and so on. Getting a full package is a joy and you need specialists to provide you that. Take a look at this list and choose the companies that offer the best car insurance in your opinion! See if someone has to say a thing or two about the company that you want to use and make a decision. Go ahead and share your experience with the community via the comment section and don’t forget to drop a vote next to your favorite company.
A member of older generation of auto insurance companies, Liberty Mutual offers its services since 1912. Today there are more than 50,000 of employees and around $39 billion of annual revenue. Its main services are insurance for cars, life, houses, a bunch of commercial insurance, general liability, consulting support and plenty of other fields with millions of clients.
Number 44 in the Fortune 500 list of 2013, these guys show how the car insurance companies work. State Farm offers a full package of insurance for various objects and belongings as well as financial service. $75 billion of revenue, 18 thousand agents, 343 claim offices and 70 thousand of employees show how serious this group of companies is.
21st Century Insurance
The list of insurance companies would not be full without these guys. The company was created in 1958 and its field of operation is mainly California. An independent company in the past, it was sold to AIG in 2005. With hundreds of thousands of clients, it is now a subsidiary of Farmer Insurance Group of Companies since 2009.
American Automobile Association often offers the best car insurance according to many clients. A non-profit organization, it now has close to 56 million members throughout the United States and Canada. Besides from the insurance, it also offers roadside assistance and other services for its clients. The organization has a huge number of local clubs as well.
GEICO or Government Employees Insurance Company is one of the bigger American auto insurance companies. It is now providing insurance services for more than 14 million of people who own around 22 million of vehicles. In 2004 the company received $9 billion in revenue and the business was growing since that.
USAA is the best car insurance if a member of the family serves or served in the US military. The community was created as means of protection for soldiers and now the company offers help in banking, investing and insurance issues. With 11,4 million members, its annual revenue is around $24 billion and net income equals $2,2 billion.
Nationwide is on the list of insurance companies that provide the service to a huge number of customers with big revenue and net income. Nationwide is a group of insurance companies with local headquarters all around the country. With 39,000 of employees and more than $43 billion of revenue, it remains a giant of American insurance business.
The Travelers Companies is not just a bunch of car insurance companies, but a group of companies that provide almost any kind of insurance with an accent on realty. With a revenue of $26 billion and $3,5 billion net income, it stays on top of the market. The Travelers currently employ around 30 thousand workers.
One of the larger auto insurance companies, Farmers Insurance Group operates with more than 50,000 independent agent and 22,000 employees in many offices across the US. The company also offers insurance for small businesses, buildings, and products for improving financial services. For its 100-year history Farmers Insurance has built a reliable reputation and trustworthiness.
Car insurance companies often can’t compete with MetLife. A huge group of companies with 90 million active clients spread among 60 countries around the globe. Along with auto insurance, the company also provides insurance for other spectrums of life, such as business, health, houses and so on. It also offers services in annuities and employee benefit programs.