Seeking for the Best Insurance Companies? Then here you have it in this article. There are different definitions of the term insurance. It is a form of coverage or policy issued to an individual or corporate body as protection over damages or loss after making a claim.
This stands in the gap for you in the period of emergencies or unforeseen circumstances that have to do great property loss.
Best Insurance Companies
Insurance is a form of risk management that is used to protect life and property when an unexpected event happens. Some companies offer insurance services all over the world.
Some of the types of insurance covered include:
- Car insurance
- Health insurance
- Life insurance
- Boat insurance
- Petsbest insurance
And many more.
Best Health Insurance
To choose a health insurance company or plan, you have to know the types of plans, the sizes, their provider networks, etc. Below are some top health insurance companies:
- Aetna
- Blue Cross Blue Shield
- Cigna
- United Healthcare
- Humana
- Mollina Healthcare
- Kaiser Permanente
- Oscar
- Anthem
Best Life Insurance
Life insurance is great coverage for the protection of your family financially, especially when accidents or death eventually occur. The insurance company will use your coverage to care for your debts, pay children’s education fees, and take care of aging parents.
Life insurance is not just meant for the dead, it also covers working years to help you in days of retirement. To choose the Best Insurance Companies, you need to look at financial strength ratings, compare the price of other insurers, details of the policy account page, etc. Below are some of the top life insurance companies:
- Lincoln Financial
- Pacific life
- Protective
- Prudential
- Transamerica
- AIG
- AXA Equitable
- Penn Mutual
- Principal
- Northwestern Mutual
- State Farm
- John Hancock
- Minnesota Life
- Ohio National
- Midland
- RiverSource
- Guardian
- Massachusetts Mutual
- New York Life
- Allianz
- Ameritas
Best Auto Insurance
Some factors determine what makes a car insurance company good. Using just price to compare car insurance companies isn’t enough, but the features and services they offer. One of the best factors is if the company is ready to act speedily when you claim in the days of need. Other factors include the level of complaints, average car insurance rates, collision claims grades from auto body repairs, credit scores, insurance quotes discounts, etc. Below are some top auto insurance companies:
- USAA
- State Farm
- Geico
- Nationwide
- Farmers
- American Family
- Progressive
- Travelers
- Allstate
- Erie
- Liberty Mutual Insurance
- Shelter
- NJM
- Amica
According to some reports, State Farm ranks as number one with a market share of 17.9% followed by AllState Corp owing 8.9% market share.