Through the deal, Liberty Mutual will add $2.3 billion in premium and State Auto’s network of approximately 3,400 independent agencies across 33 states. Liberty Mutual today distributes Safeco Insurance personal auto, homeowners and specialty products, and Liberty Mutual small business insurance through more than 10,000 independent agencies countrywide. It is the sixth largest auto and home insurer in the U.S. But if you’ve been refused coverage by standard coverage insurance providers, or if you’re feeling encouraged by their policy management options, then perhaps a Safe Auto quote might be worth comparing to offers from other local insurance providers.The acquisition will expand Liberty Mutual’s already strong position in personal lines and small commercial insurance. And their current non-existent financial strength ratings might worry some drivers. Also, Safe Auto is only available in 17 states. Their rates seem to be expensive when you look into their non-standard coverage options. Safe Auto has some good things going for it, but then again there are also some red flags. Mixed reviews for both claims handling and financial strength Tend to be more expensive compared to other non-standard insurance providers Pros and Cons of Safe Auto Insurance ProĢ0+ years of specialization in offering minimum mandatory coverage and SR-22 insurance But if you fall into a lower-risk pool, such as that represented by the married homeowners, you can expect to pay a fraction of those rates.
#Who owns safe auto insurance driver
Safe Auto Insurance Quote Comparison Legend: Safe Auto Young Male Driver < 25 Young Female Driver < 25 Married Homeowner 20 40 60 80 100 120 140 160 180 $193 $184 $94īased on the estimated quotes above, the riskiest demographic out of the three (a young male driver) might expect to pay some of the highest rates Safe Auto has to offer.
#Who owns safe auto insurance drivers
Uninsured/Underinsured Motorist (bodily injury and property damage)Įven though Safe Auto got its beginnings from offering affordable insurance to drivers who usually fall into a higher risk pool, their current business practices seem to show that their lower rates tend to go towards lower-risk motorists:.Personal Injury Protection/First Party Benefits.In their recent history, though, They have expanded into more comprehensive forms of coverage, such as: Liability Coverage (bodily injury and property damage).Safe Auto Auto Insurance Optionsįor many years, Safe Auto has specialized in the following forms of insurance coverage: Unlike many other insurance providers, though, Safe Auto has some fees that you may be charged if you purchase an auto policy from them: Fee Type But regardless of what state you live in, you should ask about the following discounts: Discount Type Safe Auto operates in many different states, so the discounts you may qualify for might differ from what you see here when you contact a Safe Auto agent for a quote. However, of the small number of customer reviews on the BBB website, all of them are negative. And while their complaint average seems high, they have earned an A+ with the BBB. This means that it’s hard for a driver like you to know for sure whether you can depend on Safe Auto when it comes time for them to pay out on a claim. As of this writing, they do not have an official rating with AM Best, a leading credit rating agency. Safe Auto’s ratings seem to be a bit mixed. They even offer health insurance through Augeo Benefits. Offering state minimum mandatory insurance coverage got them their start, but the company has grown to offer optional coverage and higher coverage limits for all drivers in the states where they do business. They’ve only been around since 1993, but in that short time, they’ve grown fast.
Rating: Safe Auto is a much younger company than most drivers realize.
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