USAA is the top-rated insurance company in our ratings. The life insurance industry in the United States is highly competitive and consists of a mix of long-standing insurers and newer “insurtech” companies that offer policies online. To narrow down our list of the best life insurance companies, we looked at customer complaint data, consumer experience, and financial strength. We also evaluated the types of policies available and the ways you can purchase coverage.
Depending on the insurance claim you file, you may receive payment directly or your insurer may send it directly to the repair shop to cover any repairs. Some insurers offer affordable rates to older drivers, while others provide cheap car insurance for new or teen drivers. The company offers many discounts, in addition to having lower than average car insurance rates, including discounts for students, drivers with multiple vehicles, and drivers who remain accident-free. The cost of coverage varies between companies, so it's wise to compare life insurance quotes from several providers.
NerdWallet's life insurance ratings are based on consumer experience, National Association of Insurance Commissioners Insurance Commissioners complaint index scores for individual life insurance, and weighted averages of financial strength ratings, which indicate the company's ability to pay future claims. But it also offers a decent selection of life insurance policies, including life insurance with premium refunds. If you survive the term, you get a refund of the premiums you paid on the policy. There are several factors that influence the amount you pay for car insurance coverage, so each auto insurance company customizes quotes for each driver. There are hundreds of insurers competing for your business and often selling very similar products, so it's wise to compare the life insurance quotes from a few before making a decision.
After thoroughly researching the auto insurance market and reviewing each company's reputation, availability, coverage options, discounts and customer experience, 10 companies stood out from the competition as the best auto insurance companies.