Top 10 insurance companies 2021 | The good, the Bad, the Cheap

Top 10 insurance companies 2021 | The good, the Bad, the Cheap # insurance #bestinsurance

hey guys mark with think insurance and
today we’re going to talk about the top
11
insurance companies that are for home
and auto in general
so if you are in the united states and
you want to find out which companies are
the rated the best
we’re gonna go over that right now as
usual you see me drinking the coffee
it is the support for this channel if
you guys are interested in supporting me
there’s a link below to buy me a cup of
coffee and i’ve recently had a few of
you buy me coffee i appreciate
everything you guys are doing
it is very helpful it fuels my channel
which is really
me running around in circles trying to
research all of the data so i actually
pulled up an article from cnet and there
were some interesting things that i
didn’t agree with
a lot of it and we’re going to dive into
it right now
they started off by explaining what
coverages are what and each state’s
different
and depending where you live and your
gender and all that stuff
makes a huge difference so at the end of
this whole
process the real question is where
should you
go to get the best insurance quote
because you’re in different states and
you’re in different guidelines
i’m in michigan where the rates are
crazy you may be in north carolina where
they don’t care as much
i’m going to link below a company that
works with multiple states
and almost every single company that
we’re going to talk about today
is in there if you want to shop across
all of these companies
it’s really simple to do you don’t
actually have to even talk to a person
now keep in mind this article does
reference one thing i do agree with they
do tell you
that it’s not always the cheapest that
gives you the best service
so that’s kind of a factor there’s a few
things that i’m going to
tell you near the end of the video that
i think you guys should pay attention to
because i’m going to make another one of
these videos
that’s going to go a little bit more in
depth with some different companies that
i think are going to have a little bit
more
meat or depth to what we’re going to
talk about let’s dive right in the first
one
geico insurance and geico came in first
although it’s a lie if you read their
article closely
they’re actually second and we’re gonna
go over the first one in a second but
geico
their overall satisfaction rating was
high
i’d love it in the comments below if you
can either rag or praise geico
let me know what your guys thoughts are
most of the time geico’s a really good
fit overall
they don’t have any bells and whistles
so you’re not going to get a ton of
stuff
some states they won’t even quote you in
or they’ll make you jump through a
million hoops like mine
and other places they don’t offer home
insurance so they’re more tied to the
best auto insurance prices
and i will agree they do have from what
i’ve seen a good satisfaction rating
so if you’re looking for an inexpensive
company to go with that’s going to give
you decent service
geico’s a really good option what we’re
going to bump them back and put back in
the number one slot
is usaa now no company is going to rate
usaa
only because the fact that you can’t
join them it’s kind of a crazy thing
you have to be part of a military family
or
tied to some sort of military in order
to join usaa
the only thing about them is they’re
slipping a little bit
their coverages are starting to drop a
little bit more and more
while their prices have started to go up
a little bit more and more at least in
my state
i can tell you when i first started
doing insurance i couldn’t touch them
they had great rates
they were a great company i still think
they have some of the best service there
is
but their problem was is now that
they’re getting more competitive
triggers and competitive driving apps
and all of these other things
the usaa price is starting to go up a
little bit
or just not keeping up with the market
and the demand that in turn has led us
to be competitive i would say out of
five
quote three if not four of those times
were more competitive than usaa
and then the benefit is you’ve got an
agent like one of us
that can shop you across multiple
companies as life changes
you’ve got all these different options
where usaa
as great as they are you’re kind of
stuck to the one company
the third one is allstate allstate has
been a large company i’m actually going
to work on a review on this channel per
request from several people
so i will put that link here or below
when i get that video done
if not just subscribe turn the bell icon
on and watch every single video that i
make until you see the allstate video
they’re a good company they have
a few extra kicks in their policy
they’re really good with service they’re
large they’re one of the larger
companies in the nation
and they’re just overall a good company
i wouldn’t shy away from them for any
reason
the only thing that i will warn you to
be careful with is their agents
agents have a tendency to not be trained
well
and i’ve seen that with multiple
companies all states not excluded from
this list
where their agents i’ve seen to be a
little bit more aggressive
because in some states they’ve had some
rough patches
and when you’re the guy taking away
their business i’ve seen some things and
i’m not going to put on this channel
because that’s specific to the agent
and not to allstate but just be careful
because if you’re choosing your agent
you want to make sure that you get the
right person coming in at number four is
who last year i claimed as number one
personally is progressive
and progressive insurance is just
crushing the market
i want to say they’re second or third
largest in the nation now they’re
growing
they have a market cap that is large
if you want to watch that video i’ll
link that here they are just an overall
good company
they do ride share they do a savings
bank so if you want to
put some money away for a deductible if
it happens they led
the market with snapshot which is one of
the best things they have my favorite
thing which they’re actually allowing
you to do a test drive
link that video here where you can test
drive them two weeks
three weeks in advance without ever
committing at all
you can do their snapshot see how your
driving record is
and then they’ll give you a discount and
tell you the exact price before you even
buy it
that’s amazing progressive is doing some
innovative things
and they’re good with service they have
really good service people
if you go through an agent you can go
through your agent and go through
progressives so you have multiple
options with their company that brings
us to number five which is auto owners
auto owners is great i have loved
hearing that name for years
i’ve never really been with them but
i’ve seen them work and i’ve seen a lot
of people happy
they like usaa have slipped a little bit
not as much
they’re still very competitive at least
in my state they are the part that i
love about them is
they’re really good with teachers and
those accredited they’re affiliated with
the teachers association
which most companies are now so it’s
kind of lost that luster of that
discount
but even if you’re a kid of a teacher
and you’re
30 now and life has passed they’re still
going to give you those discounts for
being tied to mom and dad
throughout the period so that they keep
you and the whole family as a group
with their company they’re really
competitive with home especially in the
state that i’m in and that’s the
toughest piece of them
so they overall know that customer
satisfaction is the main focus
and i think that’s where auto owners
really shines the most insurance
i’ll give you a little secret it’s
really allstate on the internet
just like progressive now has
progressive direct
just like nationwide i don’t know their
company i think it’s the general i
don’t quote me on that it’s somebody but
all these companies liberty mutual has
safeco
they have sub companies and insurance
when you watch their commercials years
ago when they first started doing this
said hey for those of you that don’t
want to go to an allstate agent
we’re going to create a cheaper product
because we’re going to bypass
all of the extras we’re going to do the
paper list we’re going to do the
all the discounts of the internet and
not have to pay an
agent sorry agent but we’re going to
allow you to go that route
and it save people money so they are
doing really well as far as cost
goes that’s a big benefit i recommend
them to a lot of younger drivers
now the service level is similar to
allstate they’re going to find those are
pretty much tied hand in hand
in all state like i said before is
overall a really good
company liberty mutual is actually one
of my favorite companies
not just because i have family that
works there and i’ve kind of got the
inside scoop
because i’ve actually worked with their
sub company safeco
and they’ve given me access to some of
their actual documents
these guys know what’s up they know
social media they know how to brand
things they know how to support
an agency or an agent they’re really
good at taking care of
everybody not just you the customer
because they understand that in order to
keep you happy
they also have to keep the agents happy
so they’re super competitive when price
they’re really good with the agents
they’re also really good with the
customers
they offer a ton of coverages and
they’re innovative
and that those all combined makes a
really really good company i personally
depending on the state that you’re in
if you get a really good deal with
liberty mutual i honestly would go that
route because i do love
that they’re kind of in my mind a little
bit of that next level of a company
as far as like not just meeting the
service levels but having the extra
coverages and the discounts and the cash
back options
and all of those things that a lot of
people really are missing when you’re
buying those
cheaper online versions of a policy
nationwide
is all over i have had the struggle
with these guys i love
but don’t use them very often and i’ve
really had good success they are
improving they’ve actually gone
up as far as their technology they now
have the nationwide express
and they were part of allied insurance
and they’re just kind of
mixing with a lot of different options
so they’re going in really good
directions
they’ve always been good with service
they’re a little bit
tougher as far as initially checking
into things
so for example if they’re insuring a
house
they want to make sure that there’s not
a lot of damage it’s been well
maintained
everybody wants that but they’re a
little bit tougher to make sure that
they’re not pulling in the wrong client
which is great for those that know you
have a really good
foundation good auto good home no claims
that bundle they’re protecting that and
that’s a good thing for those of you
that want that option
they’re also competitive when you’re
young and don’t have insurance
they’re one of the few companies that
open up the door and say that’s fine
we’ll give you a little bit of a deal
because we know you’re new to insurance
but you’re still going to have kind of
those trial periods to make sure that
you’re still a fit
for us travelers insurance i’ve had a
few conversations with them
and i do like them a lot they’re not so
competitive in my state which is
michigan
and i don’t even know if they’re
technically doing insurance in michigan
right now
but out of the outside states they crush
illinois they crush a lot of different
states as far as cost goes
but they have some of the most unique
coverages they
offer like water backup with mold
with like over time where everybody
excludes those pieces so if you’re a
homeowner
and you’re looking for really good
options i love the fact that they don’t
just rate the auto
and then they don’t just rate the home
they kind of combine it into a mix
and they look overall like what’s this
person who is this person
what kind of risk is it how can we get
them better discounts
what coverages may they want do they
want matching limited matching
which is also described in this video if
you’re curious about what that is we’re
not going to go into it in this video
but what is the options what benefits
can we give a customer
not just auto but home as well travelers
is a really good option
and then number 10 is going to be safe
co-insurance
not much to say think of liberty mutual
almost identical in my opinion
websites are similar emulimu is not
there but everything else is
they’re a really good company one of my
favorite companies
kind of that upper level where they are
the a or a plus rated company
that is just really good at knowing that
customers matter the most
agents matter as well and so everybody
they’re trying to build that
happy everybody’s gonna fit here and for
those that don’t
you don’t so there’s lots of options
that’s why i’m putting that link to that
company down below where you can get
multiple quotes with multiple companies
so you can see what options are best for
you guys
now the bonus tip is number 11
and this is a company that i didn’t see
on this list
although i’m talking about 2021.
here’s the thing this article was
written
just recently march 24th of 2021
so that’s three days before i made this
video
now the data they’re using is from jd
power
which is also something that i use i’m
going to use in my next video
where i’m going to go over the top ten
but they used it from 2019
so either jd power hasn’t come out with
the 2020
or 21 because it’s always usually about
a half a year to a year behind
or they’re recycling an old
post and i think that’s kind of maybe
they’re updating a post
but they’re pushing this one out as if
it’s brand new i can’t tell you those
answers
that’s up to them number 11 it should
have been
american family i actually had a article
which put them as number one
as overall for home insurance and auto
insurance
so i don’t know why they’re not on this
list maybe their customer satisfaction
wasn’t as high which is what this was
rated on and they
aren’t 100 at that level yet but they
are competing very heavily
those are my top 11 tips for you guys
those are the companies that
cnet has decided are the top 10 for 2021
i do like a lot of these guys there is a
lot of options
if you guys have questions let us know
your positive and negatives with any of
the companies that you have
and i’m curious to know what company
you’re with and
if you’ve been happy with them i’m mark
with think insurance
i’ll see you in the next one

References:

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