Automobiles have been a part of American society for nearly a century, and in today’s society, they are an essential part of everyday American life. Although mass transportation systems such as subways, buses, and subways have developed in large cities, most average Americans get to and from work by car. It is for this reason that the Federal Government decided to allow each state to design their own auto insurance laws, so that they can have a say in the conditions under which a car must be used within the borders of their respective states. With the population of the United States growing every day and more and more people entering this great country, it is imperative that Americans have auto insurance so they can drive safely and safely on this nation’s roads.
Today, most people can find an auto insurance company within a 25-mile radius of their residence. While there are big auto insurance companies like GEICO, Allstate, and others trying to grow to control this sector of the economy; there are a few others that are nationally unknown and work within the borders of their state. In this article we will only discuss the “top dogs” in the auto insurance business by looking at their history, what they offer, and how they have become famous over the years.
Sure: Although this company was founded in 1999 through the Internet, they have come a long way over the years. The company started in four states and was quickly purchased by White Mountains Insurance Group. Today, Esurance claims to insure around 85% of the nation’s drivers and continues to grow by providing coverage in 28 states. Since its foundation, this company has strived to provide its customers with the best rates in the market with the best coverage. They pride themselves on their customer service techniques and the fact that their customer service agents are available 24/7. This insurance is said to be the first to offer its products completely online, making it a little easier and more convenient for people to get quotes and sign up from the comfort of their home or office. The company has grown so large that it has expanded to offer not only auto coverage, but also life, health, homeowners, and motorcycle insurance.
GEICO: GEICO, one of the largest auto insurance companies in the United States, is best known for its little gecko that speaks with a British accent or caveman commercials that highlight the fact that getting a quote online is “so easy a caveman can do it.” ” The Government Employees Insurance Company (GEICO) was founded in the 1930s when the Great Depression was still hitting this great nation. Leo and Lillian Goodwin started the company in the state of Texas because they had a vision to lower premiums for selected clients.The company became increasingly famous in the United States and it was in 1936 that they established operations in Washington DC.Today, the company is operating in every state and its assets have risen to a record $21, 9 billion. They have an estimated 7 million members, 21,000 associates in 12 major locations across the country. This incredible growth has been due to three key elements that GEICO focuses on: excellent coverage, low prices, and excellent customer service. customer.
All State: With its motto “You are in good hands” this company strives to be the best by providing peace of mind to its customers and enriching their quality of life through excellent risk management. The company was founded in 1931 and only became a public trading company in 1993. Headquartered in Northbrook, Illinois; Allstate is one of the nation’s leading urban and regional insurers with offices in every state in the country. They are proud of the many awards they have won over the years and that they have supported automobile and highway safety reforms, including seat belts, air bags, and teen driver education. A Fortune 100 company with $157.5 billion in assets, Allstate Corporation encompasses more than 70,000 professionals with nearly 30% minorities and 59% women. The company offers insurance products to an estimated 17 million cars and one in 9 cars on the road is insured by them.
SF Insurance: This Company was founded in 1922 by a retired farmer and insurance salesman named George Jacob Mecherle. He founded the company for the sole purpose of lowering car insurance premiums for farmers, because he knew they drove far less than the average customer. Today, SF Insurance claims to insure more cars than any other auto insurance company in North America and is available in all 50 states and neighboring Canada. In 2006, the company became the first to promote a major motion picture, when it sponsored Pixar’s CARS and expanded into life, home and property insurance. The company has more than 17,000 agents and 68,000 employers helping more than 76 million customers across every type of insurance imaginable. They are rated A+ by AM Best and are also ranked 31st on the Fortune 500 Largest Companies list.
On a national scale: Another “top dog” of auto insurance in the United States. The company was founded in 1925 by the Ohio Farm Bureau Federation to provide great low-cost rates for rural drivers in the state, and in the span of 80 years, Nationwide has transformed from a small auto insurance for Ohio farmers to a big company. which receives an estimated $157 billion in assets. Today, Nationwide isn’t just a provider of auto insurance; but it also offers financial services. They are known for their service excellence simply because their associates have a variety of skills, experiences, and backgrounds that make them more compatible with their clients. The company is ranked 104th in Fortune 500 magazine and has around 36,000 employers. It’s also worth mentioning that Nationwide ranks as the sixth largest auto insurance company in the United States based on premium ratings as ranked by AM Best.