Car Insurance Review: State Farm

State Farm Insurance is a network of franchise insurance companies each operated by an experienced entrepreneurs/agents. Insurance products and services are standardized through the franchise system however the service may differ from agent to agent due to differences in business management styles.

All in all State Farm Insurance is considered a reputable, affordable and reliable company with branches across the continental United States, Alaska, Hawaii and Puerto Rico. State farm offers a considerable range of services including several types of insurance, banking services such as online banking, credit card, mutual fund management, car loans and mortgage loans.

State Farm's insurance products range from automobile insurance to business insurance. The company is experienced with life insurance, supplemental medical insurance, homeowners insurance and boating insurance just to name a few. The more insurance policies an insurance holder carries the better the multiple-line discount may be.

Discounts for State Farm's auto insurance include car safety features, multiple car's, accident free driving, and multiple line insurance. Also, if an insurance holder takes advantage of the bi-annual payment features monthly premiums can be avoided making the insurance even cheaper. State farm agents may also work with mortgage banks to tie homeowners insurance directly into a homeowners monthly mortgage payment and still receive a discount on the auto insurance.

State farm is also a sponsor of a number of community and cultural events such as youth groups, learning exchanges, women's programs, sports associations, highway safety patrols, and the Latino expo among other things. The company has been dedicated to fair pricing, and quality customer service since its founding in the 1920's. State Farm Mutual Auto Insurance is also a public company that's financial records are made publicly available via Securities and Exchange Commission filings.

There are many good reasons for choosing State Farm as an insurance provider including but not limited to the reasons above. State Farm is built on principles of fairness, and service in addition to being involved in communities for much more than just automobile insurance.

Source: www.statefarm.com

Car Insurance Company Review: Progessive

Progressive auto insurance is the third largest automobile insurance company in the United States, however numerous consumer reports exist illustrating the company's insurance is not worthwhile both in terms of customer service and accident claims redemption.

Despite the many consumer complaints against this company progressive auto insurance does have certain features and aspects that may benefit certain vehicle owners. This article will outline some of the consumer complaints about progressive in addition to illustrating advantages and further disadvantages of progressive.

Consumer Concerns

According to a survey performed by www.carreview.com, several clients of progressive reported the same problem. Specifically, the company failed to meet expectations in the event of an accident. These failed expectations took the form of lower than appraised value for vehicle repair to no payment whatsoever.

In addition to the reviews presented by www.careview.com are additional reviews by www.my3cents.com in which still more customers and/or ex-customers of progressive reported similar problems in addition to customer service complaints. While both these surveys are not complete samples of all Progressive's customers, there is a significant pattern that may be worth considering.

Advantages of Progressive

Progressive is an old and established auto company that benefits drivers who don't get into accidents via its competitive and in some cases low insurance costs. The company has a nationwide system of auto claims specialists who effectively process and respond to claims made by auto insurance policy holders. Progressive attests to principles of integrity, and excellence despite the numerous negative consumer reports stating otherwise. Other advantages of progressive include the following:

• Online rate comparisons
• Internet services such as bill paying, vehicle and personal information updates.
• Physical as well as telephone access to insurance policies.
• Additional insurance products including homeowners, and other mobile machines.
• Environmentally friendly corporate policy.

Disadvantages of Progressive

Even though Progressive claims to have agents throughout the country, many of these agents are not a part of progressive franchises as is the case with auto insurance providers such as State Farm. Contrarily, progressive agents are in many cases independent agents who offer progressive insurance through their private companies. Issues such as middle man fees, third party delays and variance in customer service may have the potential to crop up via this physical network of agents.

In summary, progressive insurance has an excellent online presence and features in addition to competitive if not better than average auto insurance rates. However, in terms of advertising, quality of service and claims processing, Progressive auto insurance may not stack up as well as auto insurance providers such as State Farm and Geico.

In the case of parked or non-driven vehicles, progressive may be the right choice due to its competitive rates. However, in light of this review and the contents contained herein, it may be advisable to research this company sufficiently before choosing them as an auto insurance provider for actively driven vehicles.

Sources:

1. http:www.carreview.com
2. http://tinyurl.com/4e2s3ky