5 Considerations for Picking an Insurer

Choosing a company solely on the lowest price can be a mistake. Evaluate these five pillars to ensure you are getting real protection, not just a piece of paper.

1. Financial Stability

Use these independent agencies to verify that an insurer has the capital to pay out major claims during economic downturns:

2. Competitive Pricing

Prices vary considerably. Get at least three quotes and check your State Insurance Department website for localized "Consumer Rate Guides" to see where companies stand in your region.

3. Coverage & Bundling

Verify the insurer can cover everyone in your household, including young drivers. You can often save 15% or more by bundling your auto policy with homeowners or renters insurance.

4. Verified Customer Service

Don't just rely on marketing. Look up a company's Complaint Ratio through your state's regulatory body. This compares valid consumer complaints against the company's total market share.

5. Personal Comfort

Decide how you want to interact. If you value a handshake, choose a company with local agents. If you want speed and 24/7 access, prioritize companies with highly-rated mobile apps and digital claim filing.