Question

i want an article on Auto INSURANCE in US more than 1200 words . be creative and include lots on insurance key words just my own idea: Major player; compare them (pros and cons); how they work, recommendation, kind of deal offered/ best deals you can go with my idea or go with you ideas. key word and contents are very important please.

Answer 1

Auto insurance is a contract between you and the insurance company that protects you against financial loss in the event of an accident or theft. In exchange for your paying a premium, the insurance company agrees to pay your losses as outlined in your policy.Standard auto insurance is the basic or lowest level of coverage available from an insurance provider. Liability insurance will cover bodily injury and property damage claims resulting from an accident that is primarily the fault of the insured individual.

These are the parameters are depended when a buyer buy car insurance:

1. What type of car do you drive?
2. How many miles a year do you drive?
3. Where do you live?
4. What’s your driving history? (Accidents, moving violations, etc.)
5. Who will be driving your car?
6. Have there been any gaps in your car insurance coverage!

A variety of coverages are available designed to protect against for different types of claims. For example, you might need to make a claim for a collision with another vehicle, object or person’s property. You might also make a claim if your car is burglarized, vandalized, stolen or damaged by a natural disaster. When you make a claim, you’re requesting the insurance company to pay for the damages done to your vehicle, other people’s bodily injuries, vehicles or property as the result of a covered car accident. Coverage is also available to help cover claims of medical expenses for you, your passengers or other drivers or pedestrians involved in the accident.

Major Player in car insurance in USA

• State Farm
• Geico
• Allstate
• Progressive
• USAA
• Farmers
• Liberty Mutual
• Nationwide

Amica Mutual

As the oldest mutual auto insurance company in the US, founded in 1907, Amica mutual sells its policies to customers in all 50 states. With 45 offices found throughout the nation, the company provides the “best overall service” to Americans out of any other insurance company. In 1973, Automobile Mutual Insurance Company merged with Factory Mutual to form the current version of Amica Mutual.

Pros & Cons

Pros:

• Perfect claims satisfaction score through JD Power “Auto Insurance Claims Satisfaction Study”
• Low amount of customer complaints
• Helpful online advisors to guide you along the process of choosing a policy

Cons:

• A small range of towing an labor coverage choices
• New insurance shoppers may have difficulty dealing with the complexity of policies

USAA

The United States Army Automobile Association was created in 1922 within Texas To combat expensive automotive policies, 25 officers formed the company to improve coverage for military members and their families. Now, USAA is the insurance company of more than 6 million Americans. 8 offices in total can be found in the US and Europe.

Pros & Cons

Pros:

• Extremely fair and competitive rates
• A portion of profits are given back to members annually
• Banking services are offered via mobile 24/7

Cons:

• Policies are only available to members of the US military
• Deposit and withdrawal services are not available at banks

Auto-Owners Insurance

The company provides insurance coverage to some 5 million people, including its 3 subsidiaries. Auto owner Insurance began in 1916 and currently provides coverage policies to people in 26 states. More than 6,000 agencies and almost 40,000 agents make up the company’s workforce. The Southern-Owners subsidiary offers insurance specifically to residents of Florida.

Pros & Cons

Pros:

• The Auto-Owners Personal Automobile Plus Package provides a wealth of options to improve policies
• Top-notch customer satisfaction with handling and services

Cons:

• Does not provide fully national coverage

The Hartford

Having been home and auto insurance writers for ARRP’s members over the last 30 years, The Hartford Financial Services Group is an established insurer. It was founded in 1810 and provides coverage to around 18 million individuals. The company offers a wide range of insurance policies, including group and specialty coverage. The Hartford’s mutual fund division gives policyholders access to financial management services.

Pros & Cons

Pros:

• Customer service has received multiple awards
• A wide array of discounts are available
• Affordable premium rates for members

Cons:

• Lacks accreditation from the Better Business Bureau
• Reports of steadily increasing premiums leading to customer complaints

Allstate

Allstate Insurance Company is one of the largest and most well-known in the United States. In fact, for personal lines, it’s the second largest insurer in the nation. The company services both American and Canadian residents. Allstate sells auto and other property insurance options. Also, it focuses on affluent and middle-income customers to sell investment products.

Pros & Cons

Pros:

• Policyholders can rest assured with a claims satisfaction guarantee
• 24 different discount options

Cons:

• Company rates are higher than the average auto insurer

Choose the right liability car insurance coverage levels

Auto insurance is financial protection, and not just for the investment you made when you bought your car. After a really serious accident, bills for damage and injuries can easily reach into hundreds of thousands of dollars. If you happen to cause such a wreck, the victims could sue you. In the worst case scenario, assets such as your savings and home could be seized.

Liability auto insurance protects you from that worst case scenario by providing a cushion between your assets and the amount you’re on the hook for. For this reason, choosing the right auto liability limits is the most important part of your car insurance quote comparison.I am  typically recommends having at least as much liability coverage as your net worth.

But liability coverage levels come in threes — you’ll probably see something like 50/100/50 up to 250/500/250 in typical policies. You can think of these limits like: individual injuries / total injuries / property damage. Insurers are a little more technical, calling them bodily injury liability, total bodily injury liability and physical damage liability.

They come in thousand-dollar increments, so when you choose 100/300/100 limits, you’re choosing:

• $100,000 for bodily injuries per person you injure in a crash.
• $300,000 total for all bodily injuries you cause in a crash.
• $100,000 for damage to any property you cause in a crash, including cars, buildings and objects like mailboxes and lampposts.

Auto insurance quote comparison tip:

When choosing liability car insurance coverage, you’ll want to make sure the highest, middle number is equal to or greater than the value of your house and total savings combined.

Understand car insurance requirements in your state

In certain states, you may be required to have a car insurance policy that includes personal injury protection (PIP), medical payments coverage (medpay) or uninsured/under insured motorist coverages — or two of the three. If you have medpay you don’t need PIP, and vice versa.Any car insurance comparison tool you look at should have your state’s minimum car insurance requirements pre-loaded into its options. States requiring PIP or medpay are generally referred to as “no-fault” states, meaning that when injuries occur, each driver in a crash makes a claim with their own insurance company to pay for them. Beyond the PIP or medpay limit, the at-fault driver’s liability insurance kicks in to cover the rest.

Decide if you need full coverage car insurance

You’ll notice that none of that liability coverage pays for your car or injuries, nor for any injuries your passengers sustain if you cause a wreck. This is why many people — particularly those whose car isn’t yet paid off — want “full coverage” car insurance. This isn’t actually a type of coverage, but instead typically refers to policies that include liability coverage, plus comprehensive and collision coverages.

In other words, you can’t just click a “full coverage” button when comparing insurance quotes online or buy something called a full coverage auto insurance policy. You’ll need to add collision and comprehensive coverage in the amounts you want.

Collision insurance pays for

• Damage to your car in an accident you cause.
• Damage to your car if you hit an object such as a fence or pole.
• Damage to your car if someone else hits you. Another option in this case is to make a claim against the other driver's liability insurance.

Comprehensive insurance Pays for

The value of your car if it's stolen and not recovered, and damage from:

• Weather such as tornadoes or hail.
• Floods.
• Fire.
• Falling objects.
• Explosions.
• Crashes with an animal, such as striking a deer.
• Riots and civil disturbances

Compare minimum and full coverage car insurance rates by company

Each insurance company evaluates personal factors in its own way, and they keep their methods as hidden as possible. So we can’t tell you which company puts high value in your occupation or emphasizes a clean driving history more than others. But to help you get going, we can show you a car insurance rate comparison for the same hypothetical driver and car, using average rates from across the country.

Here are annual rates from the 10 largest auto insurers in the country, averaged across the country for both full and minimum coverage. Keep in mind that not all these companies are available in every state.

Company	Full coverage	Minimum coverage
American Family	$1,214	$552
Travelers	$1,279	$637
State Farm	$1,337	$594
Nationwide	$1,509	$771
Geico	$1,627	$614
Progressive	$1,828	$773
Farmers	$1,855	$850
Allstate	$1,964	$872
Liberty Mutual	$2,752	$1,146
USAA*(Only Military personnel and their families )	$896	$319

Compare minimum and full coverage car insurance rates in your state

One of the largest factors affecting your car insurance quote will be something you wouldn’t change just for cheaper car insurance — where you live. However, it does have a very big impact and should be part of financial planning if you move out of your area.For that reason, it’s good to do a car insurance quote comparison anytime you move, even within the same state. Here are our 2019 average annual car insurance rates by state for minimum and full coverage car insurance policies.

State	Full Coverage	Minimum Coverage
Alabama	$1,468	$522
Alaska	$1,282	$446
Arizona	$1,549	$655
Arkansas	$1,386	$498
California	$1,817	$631
Colorado	$2,065	$681
Connecticut	$2,039	$947
Delaware	$2,444	$1,208
District of Columbia	$1,698	$795
Florida	$2,411	$1,140
Georgia	$1,921	$794
Hawaii	$1,312	$502
Idaho	$990	$398
Illinois	$1,439	$648
Indiana	$1,142	$464
Iowa	$1,013	$325
Kansas	$1,538	$575
Kentucky	$2,007	$869
Louisiana	$3,678	$1,167
Maine	$897	$378
Maryland	$1,971	$1,077
Massachusetts	$1,270	$547
Michigan	$4,079	$2,508
Minnesota	$1,673	$832
Mississippi	$1,478	$523
Missouri	$1,521	$624
Montana	$1,277	$411
Nebraska	$1,127	$423
Nevada	$2,414	$976
New Hampshire	$1,125	$474
New Jersey	$2,173	$1,279
New Mexico	$1,570	$554
New York	$2,647	$1,448
North Carolina	$978	$398
North Dakota	$1,241	$405
Ohio	$1,123	$520
Oklahoma	$1,596	$522
Oregon	$1,758	$1,062
Pennsylvania	$1,298	$477
Rhode Island	$2,159	$925
South Carolina	$1,322	$572
South Dakota	$1,155	$326
Tennessee	$1,445	$474
Texas	$1,934	$726
Utah	$1,400	$702
Vermont	$1,082	$386
Virginia	$1,139	$480
Washington	$1,029	$508
West Virginia	$1,490	$603
Wisconsin	$1,044	$466
Wyoming	$1,128	$315