Answer Financial Auto Insurance Review
ConsumersAdvocate.org Rating: 7.8 / 10 (Very good)
Answer Financial is one of the largest auto and home insurance agencies in the US, with over 3.4 million vehicles and homes insured across all 50 states. Their website and call center enables customers to compare offers from the 20+ top-rated insurers that Answer Financial represents, including Progressive, SafeCo Insurance, MetLife, Infinity, and 21st Century Insurance.
The more than 20 different auto insurance companies that Answer Financial works with offer comprehensive coverage options, including personal injury protection, collision and medical coverage, bodily injury and personal property damage liability. Below is a list of additional services many companies also provide:
- Uninsured/Underinsured Motorist Coverage
- Collision Coverage
- Personal Umbrella
- Policy Towing and Labor
- Sound System
- Rental Reimbursement
- Accident Forgiveness
New car replacement and better car replacement are also options for some of the companies, as well as coverage for specialty vehicles.
Plans and Pricing
Car insurance plans vary according to the company the customer chooses, with different insurers offering varying plans and prices, according to the make of the vehicle, and the owner's driving and credit history. Answer Financial's online application asks for the following information:
- Zip code and garaging address
- Contact information (telephone number, email)
- Car details (make, model, year, and annual mileage)
- Desired coverage (and current, as the case may be)
- Personal information (name, marital status, credit rating, incidents in the last 5 years, occupation, birthdate, education, employment)
Auto owners with high levels of education, who own their home or have excellent credit, are more likely to receive the greatest amount of discounts. Additionally, many of the insurers offer special discounts for teachers, safe driving (or accident-free), having taken a defensive driving course, and green vehicle. These discounts depend on the individual insurance providers.
Answer Financial prides itself on working with highly-rated insurers, with outstanding reputations in the industry. These are some examples:
Progressive Auto Insurance - A+ BBB rating, A.M Best Financial Rating A+, A.M. Best Issuer Rating aa, S&P Financial Strength AA, S&P Issuer Strength AA
SafeCo Insurance - A.M Best Financial Rating A, A.M. Best Issuer Rating a, S&P Financial Strength A, S&P Issuer Strength A
Metlife - A+ BBB rating, A.M Best Financial Rating A, A.M. Best Issuer Rating a+, S&P Financial Strength A+, S&P Issuer Strength A+
Answer Finance's webpage allows customers to compare auto insurance rates and plans from different providers. They can also be contacted via a toll-free number, and they have Spanish-speakers available. Additionally, they also provides value-added services such as Answer Mobile, which gives customers instant access to policy ID cards and click-to-call claims service. Their Rate Tracker is a free service that monitors auto insurance prices and alerts customers to deals and special savings. Finally, Answer Roadside offers pay-per-use, 24/7 roadside assistance with no subscription fees.
The Bottom Line – Answer Finance Auto Insurance
Answer Finance offers an easy-to-use way to connect customers with auto insurance providers who can offer better rates and coverage. The process is simple, and yields immediate quotes.