What car insurance company has the best rating?
The car insurance company with the best rating in America is Amica Mutual. This company has received a variety of awards, including the very prestigious J.D. Power and Associates award for customer satisfaction 12 years in a row. This award is given to the company that tops the results in the annual National Auto Insurance Customer Satisfaction Study.
When J.D. Power and Associates conducts this study, they poll actual auto insurance customers in order to get their feedback on the companies in which they are insured. Five different factors are measured: policy offerings, claims, billing and payment, interaction, and price. With a five-power circle rating, Amica Mutual outperforms every other car insurance company studied. One of the most significant factors with this award is that it is chosen based on the feedback of customers, making it very reflective of word of mouth.
In addition to its exceptional J.D. Power and Associates rankings, the company has also received other top awards from other companies. Amica Mutual has been listed as one of the Ward’s 50 Top Performers in the property-casualty list of American insurance companies. Amica Mutual has also received the Providence Business News award for one of the “Best Places to Work in Rhode Island” for the second year in a row. It has also received an A+ rating by the Better Business Bureau.
The History of Amica Mutual
Amica is actually an acronym standing for Automobile Mutual Insurance Company of America. This company was formed in 1907 and has grown tremendously over the past more than 100 years. Based in Lincoln, Rhode Island, the company is actually the oldest car insurance company in the country.
Amica offers coverage in 49 of the 50 states. It does not serve Hawaii. It is known for low prices, excellent customer service, stability, and prompt claims handling. You should also know though that Amica Mutual only has agents in 39 states, therefore you are likely not to have a local agent, depending on where you live. In addition, the company has strict underwriting guidelines and does not accept just any driver wanting coverage.
Amica Mutual Financial Ratings
If you are in the market for a new car insurance company, you should also check out how a company is doing financially before committing to a policy with that company. Companies like A.M. Best, Moody’s, or Standard & Poor’s all provide independent financial ratings on many insurance companies based on past, present and projected future finances.
Amica Mutual has an A++ rating from A.M. Best. According to this ratings firm, that means that this company is superior in terms of financial strength and has a very stable outlook for the future. Taking out a policy with this company means that you have the peace of mind that it is capable of meeting its financial obligations.
Amica Mutual’s Features
If you do indeed choose Amica Mutual, you will likely join the ranks of other policyholders throughout the nation who have met the strict criteria of this topnotch company. You will have access to the company’s mobile app, making claims filing, roadside assistance calls and more very easy.
While every company has something that is unusual to help it stand out in a very competitive field, Amica Mutual is no exception. It offers no deductible for a variety of claims such as a deployed air bag repair or replacement, glass repair, and lock replacement for lost or stolen keys. It also does not charge depreciation on new cars that are a total loss and are less than 180 days old. Finally, it provides $1,000 towards bail bonds and reimbursement of your lost wages if you need to go to court with us.
Choosing Amica Mutual as your next car insurer is a wise move for those who qualify for coverage. The company truly is one that stands out for its exceptional service, prices, and even extra features that help to set it apart from the crowd.
Choosing the Car Insurance Company with the Best Rating
Just because Amica Mutual has received the best ratings for insurance companies does not mean that it is the only company worth considering. In fact, there are many other car insurance companies that are also performing very well according to actual customers. Some of these include GEICO, Auto-Owners Insurance, Ameriprise, State Farm, Erie Insurance and Shelter, just to name a few.
Before you choose your next car insurance provider, take the time to compare and contrast quotes from a variety of companies. Look closely at the prices you are offered. Check into the company’s reputation, both financially and with customers. Read the fine print on the policy you are being offered to ensure that what you are being sold truly fits your needs.