For the most part, nationally-based insurance providers can be broken down into the following buckets:
Internet Leaders, notably Esurance and Progressive Direct, followed by GEICO. These are providers that have taken a significant lead in the marketplace in so far as incorporating the Internet as a means to purchase and manage their customer’s policies. Money saved as a result of this digital streamlining is often passed to the consumer. For those who have incorporated the Internet in the management of their lives, and require solid protection in any one particular area (auto, home, life, etc) for a competitive price, this is the way to go.
Large, agent-based providers. Large and long established providers wherein the purchase and management of customer policies is run by a network of land-based agents and brokers. This includes State Farm, Prudential, Allstate, Hartford, Nationwide, Liberty Mutual, and Chubb. This is for those who do not have the inclination or desire to purchase insurance on their own. Or, for those who would like one agent/broker to manage a complete portfolio of insurance products within one central umbrella. Recommended for those who have either 1) the inability to purchase and manage products online and/or 2) significant assets and protection needs that would require a professional to select, centralize and manage their insurance portfolio.
No-frills discount providers, which can be purchased either direct or via third-party insurance brokers. The most well-known of which is Mercury. We would recommend this route for those who want to spend the minimum dolars for the basic coverage, support and service.
For a complete breakdown of our review analysis, please dee our Insurance Provider Comparison Chart. Here again is a complete list of providers covered:
Please note that, while we strive to bring you useful and accurate information on each company, we are only providing product and service comparisons for your benefit and we are not in anyway associated with before mentioned insurance providers |
