Showing posts with label Insurance Companies. Show all posts
Showing posts with label Insurance Companies. Show all posts

Friday, December 19, 2014

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

Thursday, December 11, 2014

5 Best Life Insurance Companies in the USA in 2014

Life insurance is more than important today. Everyone needs the life and health protection as to assure that both their life and health would always be protected by a certain party that is called as insurance companies. In fact, before choosing a certain policy you are going to buy, you would better to understand and learn about the company first. 

Below are the 5 best life insurance company in the USA in 2014, data based on Consumeraffairs.com.

1. Frankenmuth Insurance

This life insurance company has been existing for more than 145 years, it becomes the first best life insurance company in the United States. With more than 500 independent insurance agents in 15 states, this company has booked more than US$ 1 billion asset. It also reached the A.M. rating of A "excellent" that makes it the best insurance in 2014.

According to LIMRA, there are at least one-third of the US households have no personal life insurance coverage. Most of them really rely on the company life insurance cover. It means that this is a potential market to segment by such companies, including Frankenmuth Insurance. 

Along with its one of insurance company member, Patriot Life Insurance, the company serves the client (policy holders)  the health and life protection. The effective and efficient services provided,  including the life insurance quotes, makes the company was chosen as the best life insurance in the US in 2014.

Website: www.fmins.com

2. Allstate Insurance Insurance

Allstate Insurance company was founded in 1931 and now it becomes the third biggest life insurance company in the United states, after State Farm and Geico. According to the Consumer Affairs, this company ranks the second best life insurance company in the US.

Even though this company was ranked as the nation's worst insurance company in 2008, but since then the company have tried hard to provide the best services to the policy holders that made the company was chosen as the second best life insurance company in 2014.

Website: www.allstate.com

3. MetLife Life Insurance 

Metropolitan Life Insurance Company or MetLife  was founded in March 1868. As one of biggest insurance companies with more than 90 customers across more about 60 countries all around the globe, the company possess US$730.9 billion of assets. 

The Customer Affairs chose this company as the third best life insurance company as the service provided by the company satisfy the policy holders a lot. The services include the 24 hour support, guaranteed death benefit protection, term life insurance, universal life insurance, variable life insurance, and whole life insurance.

Website: www.MetLife.com

4. John Hancock Life Insurance 

John Hancock Life Insurance was founded in April 21, 1862 in the USA, but in 2004, this company was acquired by Manulife Insurance Canada. Thsi company was selected as the fourth best by the Consumer Affairs because of the services they provide to the customers.  The very supporting services and products that has delivered this company into the 4th best throughout the US were:  24 hour support, Guaranteed death benefit protection, Indexed universal life insurance, and Term life insurance.

Website: www.johnhancock.com

5. AARP Life Insurance 

American Association of Retired Persons, founded in 1958, this company has been growing rapidly and in 2014 this company was chosen as the fifth best life insurance company in the USA. The position was achieved through their hard effort in providing the best services to the clients. Besides, they have various types of plans with such competitive premium premiums.

Website: www.aarp.org