What insurance company has the best coverage for auto, renters, and umbrella?

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INTRESIS
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What insurance company has the best coverage for auto, renters, and umbrella?

Post by INTRESIS »

I have been with my current insurance company for over a decade. They happen to also be my employer. I found out that they illegally terminated my friend who had cancer due to disability discrimination, so I cannot trust this company any further. I'm looking for a new insurance company for auto, renters, and umbrella insurance. I want broad, comprehensive coverage, good website, preferably low cost.
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FIREchief
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Re: What insurance company has the best coverage for auto, renters, and umbrella?

Post by FIREchief »

INTRESIS wrote:I have been with my current insurance company for over a decade. They happen to also be my employer. I found out that they illegally terminated my friend who had cancer due to disability discrimination, so I cannot trust this company any further. I'm looking for a new insurance company for auto, renters, and umbrella insurance. I want broad, comprehensive coverage, good website, preferably low cost.
Sorry to hear about your friend. Unfortunately, Megacorp can (and must) play by the rules. If they are unable to make reasonable accommodation for any disabling condition, they can legally terminate the employee after Federal FMLA is exhausted (I believe it is 12 weeks). If they don't terminate the first case, the next case will sue them due to the inconsistent application of the rules. Or, at least this is what the lawyers will claim. If the lawyer screws this up, they'll be the one being terminated. Did I mention how much I miss Megacorp? :annoyed
I am not a lawyer, accountant or financial advisor. Any advice or suggestions that I may provide shall be considered for entertainment purposes only.
DL1111
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Re: What insurance company has the best coverage for auto, renters, and umbrella?

Post by DL1111 »

Not all insurance policies are the same, each has their own bells and whistles but the meat of them doesn't vary much. Just look for a good price and one with good consumer reviews. Although hardly anyone reviews their insurance company unless they are mad about something.

Erie (website sucks)
Travelers
Hartford
Safeco
Progressive
Just a few names to throw out there, but there are a ton of other good companies that are more regional. I wouldn't carry my insurance with my employer just for the simple fact that come claims time the company is going to try and look as impartial as possible.
Malinois000
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Re: What insurance company has the best coverage for auto, renters, and umbrella?

Post by Malinois000 »

State Farm is great!!!!
Palatineman
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Re: What insurance company has the best coverage for auto, renters, and umbrella?

Post by Palatineman »

I don't know which one is best, but I have been with State Farm for auto, homeowners and renters for the past 6 years. I just added a 2 mil umbrella policy that was fairly priced (375/year).

Auto rates have had slight increases over the years and no sudden jumps.

Homeowners and renter's went up about 10-20 percent since inception. When I inquired why they indicated that this has more to do with the cost of replacement increasing over the year's.

I have shopped around for insurance late last year and every quote I got back from the net has been 20 percent higher than what I currently have - including Amica who keeps sending me mail to switch on a frequent basis.

I can't comment on the claim payouts as I have not had any. The local State Farm broker I have been with is very responsive with any service so far in terms of issuing the policy and advising on what to get.
jbranx
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Re: What insurance company has the best coverage for auto, renters, and umbrella?

Post by jbranx »

I've been with Amica for ten years for homes, auto, and umbrella. They consistently rank at the top of the JD Power surveys, For me their customer service has always been excellent, right up there with American Express and Fidelity. They cap their umbrellas at $5M, but will go outside for you for a competitive quote for a higher amount. 25% discount for doing homes and auto. Website is good; autopay works good. Pretty sure they have rental insurance.

Always hear good reports on State Farm as well. Lived next door for years with a SF agent and wife, and they clearly are in business to serve customers. You might also check Consumer Reports, which I think also ranks Amica highly. USAA is also highly ranked if you can qualify or get in on one of their policyholder referrals that they do or used to do. Buffet has always said his most admired insurer beyond Geico is SF.
ucla-engineer
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Re: What insurance company has the best coverage for auto, renters, and umbrella?

Post by ucla-engineer »

USAA if you can qualify.
navyitaly
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Re: What insurance company has the best coverage for auto, renters, and umbrella?

Post by navyitaly »

USAA x2
KT785
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Re: What insurance company has the best coverage for auto, renters, and umbrella?

Post by KT785 »

Another happy State Farm customer here. I have auto, homeowners, umbrella, and a personal article policy on my wife's wedding ring set (also had renters with them before we bought our house). I've not had any claims on the house (knock wood) but have had several auto claims that were handled very quickly and more than fairly.

I also moved our primary checking account to State Farm a little over a year ago (when I decided to dump Chase) since the benefits were better than Ally and Schwab which I'd also considered; I also subsequently refinanced our house with State Farm and got an incredible rate on a 30 year fixed with minimal closing costs.
chinto
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Re: What insurance company has the best coverage for auto, renters, and umbrella?

Post by chinto »

In the end, the thing that matters is do they pay their claims in a fair an equitable manner.

With auto policies you need to read them carefully so you are comping apples to apples. For instance my USAA auto policy (if I had comprehensive) will repair/replace if specifically directed with OEM parts verses Geico(among others) that force you to take aftermarket. If you buy and hold you vehicles like I do, that can be a huge difference. The point is, there may be more in your policy than you initially realize.

Also how claims are handled, simply matters. Historically Farmer's Insurance has been very policy holder friendly in terms of claims settlement on Homeowner policies. This is especially true in the valuation of personal property in a loss (think of burglar or fire). When I was a claims adjuster I went to arbitration several time against AllState in co-insurance claims. I would never, ever have insurance with Allstate based on my experience in watching how they treat their insureds.
Topic Author
INTRESIS
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Re: What insurance company has the best coverage for auto, renters, and umbrella?

Post by INTRESIS »

Leaning towards State Farm.
jbuzolich
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Re: What insurance company has the best coverage for auto, renters, and umbrella?

Post by jbuzolich »

Another +1 for Amica. I've had a total loss event with a car with them and can share how fair and reasonable they were in reaching a quick payment. I definitely promote them consistently. Their rates have steadily risen on me the last few years but I think most carriers have.
Carls
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Re: What insurance company has the best coverage for auto, renters, and umbrella?

Post by Carls »

As for the suggestion to go with State Farm, please note that this insurance company does local francise-type offerings. One office can be terrif; another awful. What happens is strictly up to the local folks. If you can establish a relationship and if they are responsible folks without a lot of turnover ... (really check this!), then State Farm might be OK. But it really depends on which local office you use.
KSAL889813
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Re: What insurance company has the best coverage for auto, renters, and umbrella?

Post by KSAL889813 »

If you are in NJ or PA than New Jersey Manufacturer's.
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flamesabers
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Re: What insurance company has the best coverage for auto, renters, and umbrella?

Post by flamesabers »

ucla-engineer wrote:USAA if you can qualify.
I agree.

OP,

You'll need military affiliation to get access to USAA insurance.
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Nicolas
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Re: What insurance company has the best coverage for auto, renters, and umbrella?

Post by Nicolas »

I recommend Safeco. They were significantly less than the others that I comparison-shopped in March for my home, auto, and umbrella. My two million umbrella is only $275/year (two adult drivers only). I haven't made any claims yet, hopefully never have to.
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Elsebet
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Re: What insurance company has the best coverage for auto, renters, and umbrella?

Post by Elsebet »

I have been with State Farm since I started driving at 16 because my parents used them. At age 40 now I'm still with them for home and auto. Never felt the need to leave although I've been tempted to shop around to see how my premiums stack up.
"...the man who adapts himself to his slender means and makes himself wealthy on a little sum, is the truly rich man..." ~Seneca
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wander
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Re: What insurance company has the best coverage for auto, renters, and umbrella?

Post by wander »

After switching between insurance companies, GEICO gave me better deal on auto insurance.
takeshi
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Re: What insurance company has the best coverage for auto, renters, and umbrella?

Post by takeshi »

ucla-engineer wrote:USAA if you can qualify.
This. Coverage and price are certainly also considerations but the most important thing IMO is how the company performs when you need them. USAA really shines on this aspect in my experience. Granted, researching this sort of stuff to comparison shop is a lot more difficult and less straightforward than coverage & pricing.
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simplesimon
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Re: What insurance company has the best coverage for auto, renters, and umbrella?

Post by simplesimon »

I use GEICO for exactly these three types of insurance. No complaints other than the steady increase in premiums over the years, but their website is pretty nice and easy to use. I haven't had to file a claim yet, so I don't know how they will perform there.
jezo
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Re: What insurance company has the best coverage for auto, renters, and umbrella?

Post by jezo »

I go thru Costco and am very happy with them
dbr
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Re: What insurance company has the best coverage for auto, renters, and umbrella?

Post by dbr »

I hope the results are a list of companies that are all perfectly good rather than an attempt to identify the best company.

Are there any in this list someone would suggest must be avoided? Is the current employer in the list of recommended companies?
High Income Parent
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Re: What insurance company has the best coverage for auto, renters, and umbrella?

Post by High Income Parent »

I've been with Allstate for the last 4 years but I imagine it will be region specific. You could try a broker that has access to several companies and see what they can do for you.
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Topic Author
INTRESIS
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Re: What insurance company has the best coverage for auto, renters, and umbrella?

Post by INTRESIS »

dbr wrote:I hope the results are a list of companies that are all perfectly good rather than an attempt to identify the best company.

Are there any in this list someone would suggest must be avoided? Is the current employer in the list of recommended companies?
The current employer/insurer has not been mentioned in this thread.
CurlyDave
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Re: What insurance company has the best coverage for auto, renters, and umbrella?

Post by CurlyDave »

Our house burned down nearly 10 years ago now. I needed to use a public adjustor to deal with the insurance company and get a fair settlement.

I asked the public adjustor what insurance he had and he said "State Farm". Now this is a guy who professionally deals with insurance companies every day of his life and yet is not employed by any of them.

I would look up public adjustors in your area and ask that same question...
DL1111
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Re: What insurance company has the best coverage for auto, renters, and umbrella?

Post by DL1111 »

How is the State Farm technology and website? Never used them but I've always heard horror stories from their agents?
AlwaysBeClimbing
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Re: What insurance company has the best coverage for auto, renters, and umbrella?

Post by AlwaysBeClimbing »

This site helped me with my decision, a few years back. I'm still with Amica. YMMV

http://www.badfaithinsurance.org/indexdetaillist.html
MtnTraveler
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Re: What insurance company has the best coverage for auto, renters, and umbrella?

Post by MtnTraveler »

Interesting to see so many people recommending State Farm. A devastating wildfire came through a few years ago and I know very few people who didn't have issues with State Farm. There stories really sounded awful and their claims were totally legit. On the other hand I know a few people who made claims to State Farm because of the fire and they had no issues with their claims even though their claims sounded completely bogus. YMMV. I've got Allstate and felt they were actually really generous in what they paid out. Sadly my rate has been going up exponentially since the fire but next to no companies will write new policies in my area now so I'm stuck.
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flamesabers
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Re: What insurance company has the best coverage for auto, renters, and umbrella?

Post by flamesabers »

Elsebet wrote:I have been with State Farm since I started driving at 16 because my parents used them. At age 40 now I'm still with them for home and auto. Never felt the need to leave although I've been tempted to shop around to see how my premiums stack up.
I recommend shopping around every now and then. It can give you some peace of mind to know your insurer is charging you reasonable rates for your insurance coverage instead of charging you extra for being a long-term customer.
ucla-engineer
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Re: What insurance company has the best coverage for auto, renters, and umbrella?

Post by ucla-engineer »

flamesabers wrote:
ucla-engineer wrote:USAA if you can qualify.
I agree.

OP,

You'll need military affiliation to get access to USAA insurance.
Or a parent/grandparent with military service.
523HRR
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Re: What insurance company has the best coverage for auto, renters, and umbrella?

Post by 523HRR »

Electric Insurance. Solid company. Generally very competitive.
jharkin
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Re: What insurance company has the best coverage for auto, renters, and umbrella?

Post by jharkin »

Another Amica vote. They and USAA always top the customer satisfaction ratings.
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ClevrChico
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Re: What insurance company has the best coverage for auto, renters, and umbrella?

Post by ClevrChico »

I'm a new Amica customer. As others have said, they are highly rated on JD Power. Good website, great customer service, nice autopay setup. Plus, they are a mutual, so they are owned by the policy holders. This is as close as I could get to a Vanguard-like insurance company.
ClaycordJCA
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Re: What insurance company has the best coverage for auto, renters, and umbrella?

Post by ClaycordJCA »

Consumer Reports rated homeowners insurance companies in Its August 2017 issue. Amica came out on top. USAA was 2nd.
tj
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Re: What insurance company has the best coverage for auto, renters, and umbrella?

Post by tj »

It's going to vary by each state.

I use USAA. Nobody comes close to their rates.
Random Poster
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Re: What insurance company has the best coverage for auto, renters, and umbrella?

Post by Random Poster »

My MIL had a hail-damage claim. Homeowners is through USAA, and they have treated her very fairly and quickly issued a payout check. Her car is through State Farm and they have been difficult---lowballing the repair costs and disagreeing with the conclusions of several car body people. I wouldn't recommend State Farm based solely on that experience.

We have used USAA in the past for our car, and they've always been easy to deal with, but we've never personally had a claim. The one downside to USAA is that they wouldn't issue a one-year auto insurance policy, instead only issuing 6-month term ones. I prefer a one-year policy, which Amica offers, and so we now use them for car, renters, and umbrella. No complaints with them, but, again, we've never made a claim against that insurance policy either.
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