In 2010 the number of independent agents offering Auto Owners Car Insurance products exceeds 37,000 agents. Considering the company advertises a “No Problem” claims service and believes personal contact is the best to handle a claim its refreshing to see this number of agents.
What is an Independent Insurance Agency?
To keep it simple, an independent agency is usually a smaller firm locally owned and operated by licensed insurance professionals who sell a particular firms product. For example you may see advertisements for a “Michael and Debbie Duo” with the auto owners car insurance company logo on the signs. Most likely Michael and Debbie are simply local insurance agents acting as an independent agent of Auto Owners car insurance company. This is very common in the insurance industry. Most consumers deal with independent agents but never realize it.
Downfall of Auto Owners Insurance Company?
The company has two major downfalls.
One is its geographic footprint. The Auto Owners car insurance company currently only provides coverage for drivers in 26 states. While this certainly is not a deal breaker for many if you do foresee moving or own property outside of this footprint then you have to consider things like (a) the possible loss of multi-policy discounts since Auto Owners may not be able to insure assets located outside of the coverage area and (b) the headache of switching car insurance companies again if you move.
The other downfall is online access. Auto Owners insurance prefers the personal touch which is quite commendable however we are also in a time when online account management tools allowing policyholders to make payments, print car insurance ID cars and handle claims is expected. The lack of this fairly simple technology will turn many would be policy holders away.
Auto Owners Car Insurance Rates – are they fair?
Auto Owners insurance is a Fortune 500 company mainly due to their auto insurance policy portfolio so the company is extremely competitive however every driver has unique needs so you need to compare car insurance companies to get the best rates.
Much like all car insurance companies the Auto Owners company has auto insurance discount programs for customer with multiple polices, vehicle safety features and most of the more common car insurance discountsavailable in the marketplace.
Source : Car Insurance
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