State Farm Insurance: The Best Car Insurance Company in the USA 2014

The State Farm Insurance is the largest car insurance company in the USA. This company works primarily through the local agents whose commitment to building strong in-person relationship. This commitment makes the company ranks the number in customer service.

State Farm Insurance was founded in 1992 with their commitment in providing the best service to the clients. G.J. Mecherle as the founder sold his first auto policy since its founding and have always been there for their customers as their commitment since then. They do not operate in the USA only. The company also operates in Canada. With the supports of more than 65,000 employees and more than 18,000 agents, they have serviced more than 81 million policies and accounts throughout both countries.

It is today, the year of 2014, State Farm Insurance ranks number one in the auto insurance. Eventhough it operates in more than one line business, the company always does great effort to make their policy holders satisfied. 

Below are the facts of this company - based on its website data:

• A mutual company, with policyholder members
• Insures more cars and homes than any other insurer in the U.S.
• Is a leading insurer of watercraft
• One of the leading insurers in Canada
• Is ranked No. 441 on the Fortune 500 list of largest companies
• Has more than 65,000 employees
• Has 18,000 agents
• Policies and Accounts — 80 million at end of 2013
• Over 44 million in Auto
• Over 27 million in Fire
• Over 7 million in Life
• Over 900,000 in Health
• 78th largest bank in US in terms of assets — approximately $15 billion in assetsOver 450,000 accounts in Mutual Funds
• Sells approximately 100 products
• Processes about 34,000 claims a day

For more info about State Farm Insurance, you could visit its website at www.statefarm.com

How to Get The Best Car Insurance Quotes

Getting the best insurance quotes seems complex, but if you understand the the detail of the car you are about to insure, you will soon find the most appropriate insurance quotes. 

Below are things you have to understand in determining the best car insurance quotes. 

1. How many miles do you usually drive a day?

This questions deal with the length of driving you usually do. The more miles you drive, the higher premium you will have to pay.

2. Do you equip the car with safety and anti-theft devices?

To have a car equipped with safety and anti-theft devices means that it has lower risk in both injury and theft. As a consequence, the owners of the equipped cars will pay the lower rate of premium. 

3. How many car you are insuring?

This question is usually raised by the insurer to estimate the capability of the car owners in paying the premium. Besides, some companies will provide you a discount if you insure more cars you have. But remember that some companies will have the limit of cars to insure.

4. Do you have any excluding drivers?

You may have a member of family whose bad driving habit. To exclude them in your policy will of course reduce the premium you will have to pay.

To have reasonable and best car insurance quotes does not mean to have the cheapest premium to pay. It is because cheaper cover does not mean the best cover. You need to consider the risk to cover as you need.

Why Do Car Owners Need Car Insurance?

Car insurance or also called auto insurance is a property protection everyone possessing car needs. This is basically to protect both the car own as well as the owner themselves. Referring to the definition of insurance, it is the equitable transfer of the risk of a loss, from one entity to another in exchange for payment. Car insurance is the risk transfer from the policy holder to the insurance company. The risks transferred consist of loss, damage, accident, and all loss dealing with the car, with the reference to the contract poured on the policy.

But why do you need such an insurance? Below are the reasons why the car owners need this car insurance.

1. To pay a little for the hug amount of money 

According to the National Highway Traffic Safety Administration during the 2012, there were an estimated of 9,75 millions of vehicles involved in police-reported traffic crashes, in which the 96% of them were passenger vehicles and light trucks weighing 10,000 GVWR or less. The average property damage cost of a car was about US$8,900. This is excluded the accident causing disabling injuries which averaged out to US$72,700. You can imagine in which the world is not covered with such insurance.

Buy holding a policy of car insurance, what you need only is to pay a little amount of premium and anytime such incidence happens, you could claim for the loss or damage of your car. The premium paid is far less than the claim you will receive. 

2. Saving time and liability coverage 

Anytime an accident happens to the car owner, the expert of the insurance company where they pay the premium, will assist you in handling all things dealing with the claims, to find the the best repair shop, and all things dealing with the complaining. Besides, if you have bumped the uninsured driver, your car insurance company will also provide you for the coverage of cost for the uninsured driver. The later cover is include in liability coverage

3. Supplement health insurance 

Car insurance has at least three coverage: property coverage, for the damage of the car; liability coverage, for covering the claims arisen from the one the policy holder bump on; and medical coverage, for the cost of treating injuries, rehabilitation, and sometimes lost wages and funeral expenses. 

The policy holder has the right for the medical coverage claim, though they have their own health insurance claims. This would be beneficial for the car insurance policy holder. 

Those are three reasons why do we nee Car Insurance.