🇵🇷 Important Hurricane Maria Update from our Headquarters

Answer Financial Auto Insurance Review


Rating: 7.9 / 10 (Very good)
Disclosure: We receive advertising revenue from some partners.
 Learn more.
Answer Financial is a California-based auto insurance agency that also offers a wider range of insurance options. Through their website or call center, customers can compare prices and purchase insurance from a variety of companies. Answer Financial is a subsidiary of the Allstate Corporation, founded in 1996, with an A+ BBB score.

How is Answer Financial rated?

Breakdown

8/10
Coverage & Benefits
8/10
Pricing and Discounts
7/10
Financial Strength
8/10
Customer Experience

Overall Rating: 7.9 / 10 (Very good)

Answer Financial’s exceptionally large network of options sets it apart from the pack. They offer almost every conceivable coverage and discount option available, as long as its customers qualify. Additionally, its close relationship with Allstate results in solid financial credentials. While its lack of online reviews concerning customer service holds the company back somewhat, Answer Financial is a marketplace very much worth looking through, if only to better understand the options available.

Answer Financial Coverage

Basic Coverage

  • Bodily Injury Liability
  • Property Damage Liability
  • Collision
  • Comprehensive
  • Personal Injury
  • Medical Payments
  • Uninsured/Underinsured Motorist

Additional Coverage

  • Rental Reimbursement
  • Towing & Labor Cost
  • Sound System
  • Glass
  • Vet Bills

Coverage & Benefits - 8 / 10

Answer Financial’s coverage options, both basic and add-ons, fall within the standards set by the highest performers in the industry. Offering everything from collision coverage to vet bills and sound system repairs, this company provides their customers a wide gamut of options.

Customer Experience

Customer Ratings

BBB Rating
A+
Number of BBB Positive Reviews
1
Number of BBB Neutral Reviews
0
Number of BBB Negative Reviews
2
Date Collected
2017-11-10

Customer Experience - 8 / 10

As a marketplace, Answer Financial is unrated by the JD Power Rankings. However, the Better Business Bureau has granted them an A+ rating, based on a single positive, and two negative reviews.

Financial Strength

Key Details

AM Best Financial Rating
A+
Standard & Poor's Financial Rating
AA

Financial Strength - 7.2 / 10

As a marketplace, Answer Financial's financial strength is best determined by examining each of their companies in their network. However, since it's backed by Allstate Insurance, the latter's associated Standard & Poor and A.M Best ratings are carried over.
*The above information reflects the financials strength of one of the partner insurance companies that this insurance marketplace offers policies through: Allstate.

Pricing & Discounts

Discounts

  • Multiple Vehicle
  • Safe Driver
  • Anti-Theft
  • Low Milage
  • Vehicle Safety
  • Homeowner
  • Student
  • Senior
  • Bundled Policy

Additional Discounts

  • Hybrid / Electric Vehicle
  • Group Savings (unions, etc)
  • Newly Married
  • Full/Automatic Payment

Pricing and Discounts - 8 / 10

As with its coverage options, Answer Financial’s discount possibilities are extensive, due in no small part to its role as a marketplace. Though dependent on the specific lender, options can range from anti-theft benefits, discounts for newlyweds, or for individuals affiliated with specific organizations.

Contact & Additional Information

Year Founded
1996

Leave a comment for Answer Financial Auto Insurance
Minimum 2-3 sentences.
 No maximum length.
* What's Your Rating?
To make this comment as helpful as possible for our community, please provide at least 2 sentences.

Top Rated
10 / 10
  • Progressive Insurance - #1 Rated Website
  • Trusted by Over 18,000,000 drivers
  • Competitive rates, tons of discounts (safe driver, pay-in-full, multi-car, multi-policy, quoting online & more)
  • Name your trice Tool®
  • Bundle auto & property to save 5%
  • Snapshot® is a program that personalizes your rate based on how YOU drive.
  • Loan/lease payoff coverage, roadside assistance & strong financial ratings