When buying a car consumers compare price, quality, warranty, service, and other key points. However, when buying insurance it’s difficult to compare car insurance companies. In fact, until now there was no good way to compare car insurance. Comparing car insurance wasn’t possible because data on insurance company performance wasn’t shared with consumers in a way that was easy to consume.
ValChoice makes comparing car insurance easy. This blog post outlines a three step process. Start by getting free rating on your car insurance company. Knowing how your company rates will determine whether you need to continue, or if you’re with a great company. Just click the button below for a free rating on your car insurance company.
What Consumers Want to Know When Comparing Car Insurance
Consumers tell us they want to compare car insurance on the following three points:
- Price – is the price fair for the protection provided? Or, is the price a teaser rate until the next bill arrives?
- Protection (claims payment history) – will the company stand behind their promise to protect?
- Service – Which companies treat their customers the best?
ValChoice built the tools to enable consumers to compare car insurance companies across the three metrics described above. Follow our process below and you will find what you need to know.
Three Steps to Getting Good Car Insurance
Step One – Start With Quality
If the free rating you got above wasn’t good, checkout our listings of the best car insurance companies in each state by clicking the button below. On these pages we list the best companies by state. Choose any of these companies and you will be well protected.
The number of good companies per state varies dramatically. If you’re in a state with little competition, like Alaska, Hawaii, West Virginia or North Dakota, your options for good insurance are very limited. However, if you’re in a highly competitive state like Arizona, Colorado, Georgia, Idaho, Illinois, Indiana, Iowa, Kentucky, Missouri, Minnesota, Ohio, Oregon, Pennsylvania, Texas, Virginia or Washington your options are numerous.
Step Two – Want Help From an Agent
Almost universally, the best insurance companies sell through agents. Also, some shoppers want to talk to a person. To do that, just click the button below to find an agent. All agents listed on the ValChoice website represent great companies. We only allow agents to be listed with us if they represent award winning companies. Award winning companies are those that score a 68 or higher on their ValChoice rating. This represents the 20% best companies in the market.
Step Three – Make Sure the Price is Fair
Insurance isn’t all about price. However, it’s a factor that you need to consider. If you prefer to research this on your own, use our car insurance calculator to get a price estimate. This is not a quote, but will show you how insurance is priced in your state and give you a solid estimate of what’s a fair price.
Alternatively, you can also get multiple quotes. That will help you hone in on the right price for the level of risk you present.
Don’t forget, insurance is all about getting fairly compensated when something goes wrong. To understand which companies are best about that, look at the claims handling score for the company you choose, before buying the insurance.
Why wasn’t comparing car insurance possible until now?
We answer that question with another question. Who would share the information? Most people getting paid to sell insurance don’t have an incentive to provide the information. When it comes to consumer watch dogs, they focus on legislative and legal matters. These aren’t technology companies, they’re more like lobbyists. Then there are the ratings agencies. There are two types; financial ratings. They take their work seriously and do a good job. However, they don’t focus on customer service. Ratings for consumers. These companies focus on making sure the insurance companies with big advertising budgets score well.
Yes, the industry needed a new type of ratings agency to get this information into the hands of consumers. ValChoice is that agency.
Note: Insurance companies do not pay ValChoice to rate them.
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