Auto Owners Insurance Review for 2022

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If you reside in one of the 26 states the place Auto-Owners insurance is accessible, it’s your decision a quote from one of its 48,000 licensed brokers. This insurer affords distinctive, hard-to-find specialty auto insurance choices and is thought for its customer support.

Our evaluation will describe the protection you will get from Auto-Owners insurance. We’ll cowl the reductions it affords, what you possibly can anticipate to pay, its buyer satisfaction, and its monetary state.

What Types of Car Insurance Can You Get from Auto-Owners?

The Classic Car gathering photo

Auto-Owners units itself aside from different insurance corporations as a consequence of its specialty protection for traditional and modified vehicles. So, for those who drive a traditional or classic car, it is price wanting into Auto-Owners. Also, for those who modified your car in a way, like with a wheelchair carry, it has protection choices you will not discover elsewhere.

For starters, Auto-Owners insurance affords typical varieties of insurance policies:

  • Bodily Injury Liability
  • Uninsured and Underinsured Motorists
  • Medical Payments
  • Personal Injury Protection
  • Road Trouble Service
  • Common Loss Deductible
  • Rental Car Policy
  • No Deductible for Accident with Other Auto-Owners Customer

Other Types of Policies Available at Auto-Owners

Car insurance rental vehicle coverage

Additionally, Auto-Owners affords further a couple of different distinctive protection choices:

  • GAP Coverage: GAP protection is useful when you’ve got a lease or a mortgage stability in your car and the car is stolen or totaled. This protection will accommodate the distinction between the automobile’s worth and the stability remaining in your mortgage or lease.
  • Reduced Value Coverage: This is much like hole insurance however covers much less detrimental accident outcomes. If your automobile is broken, decreased worth protection will compensate you for the discount in the worth of your car.
  • Additional Expenses Insurance: This insurance choice pays to your rental whereas your automobile is in the store. And it would additionally cowl the associated fee of meals or lodging in case your accident leaves you stranded.

What are the Benefits of Auto Owners Insurance?

As you possibly can see, Auto-Owners insurance affords many choices and the chance to bundle them as wanted. And that is good for individuals who wish to buy extra than simply auto insurance. Auto house owners even have a comparatively small quantity of complaints from prospects for his or her auto and different insurance policies.

What Discounts Can I Get with Auto-Owners Insurance?

Young Driver Holding Up Car Key

Finally, there’s a fairly lengthy checklist of reductions supplied by Auto-Owners insurance. They embrace the next:

  • Multi coverage low cost: If you get different protection from Auto-Owners, like dwelling or life insurance, you get very favorable reductions from this insurer.
  • Life multi-policy low cost: This bundling choice pertains to life insurance and combines it together with your auto coverage.
  • Payment historical past: Customers who pay their payments on time for a consecutive 36 months can anticipate a reduction on their premium.
  • Paid in full low cost: This low cost is for individuals who pays their annual premium upfront.
  • Green low cost: Going with e-bills and paying to your insurance on-line will get you this low cost.

Guy With Laptop paying insurance bill

  • Advance quote: Getting an insurance quote earlier than your coverage expires may end up in further financial savings for you.
  • Multi automobile: If you’ve got multiple car insured by Auto-Owners, you’ll get a reduction in your protection.
  • Safety characteristic low cost: Having security options like ABS, or anti-lock braking system, and anti-theft options makes you eligible for this low cost.
  • Deductible low cost: Customers who select to go along with greater deductible tiers will qualify for this low cost.
  • Good driving historical past: If you’re a good driver, you possibly can anticipate to get a very reasonable quote from Auto-Owners.
  • Good pupil: If your high-school-age youngster has a grade-point common of B or higher, they might obtain a 20% low cost.
  • Student away in school low cost: If you select to cowl a toddler at school 100 or extra miles away, your financial savings improve. However, their car can’t journey with them to highschool.
  • Teen driver monitoring low cost: If you put in GPS monitoring in your teenager’s car, you possibly can anticipate further reductions.

Auto Owners Car Insurance Costs

According to Bankrate, the US common annual price of particular person automobile insurance is $1,674. Comparatively, SubsequentAdvisor says the common value of an Auto-Owners’ automobile insurance coverage is beneath common, at $1,351 a yr, or $113 per thirty days.

The formulation of insurance quotes is predicated on many elements that can affect your insurance quote, together with location, age, marital standing, and driving and credit score histories.

Check out how some elements could have an effect on your Auto-Owners charges:

DUIs

Understandably, automobile insurance corporations formulate premiums based mostly on their threat with a selected driver. That is why the penalties for DUI citations are so excessive, as drivers beneath the affect trigger as many as one-third of street deaths annually.

The Zebra says that the penalty for driving beneath the affect may improve your premium by as a lot as 100%.

Two Drivers Arguing After Traffic Accident

Car Accidents

At-fault collisions and accidents will inevitably improve your premium. The rule of thumb is to anticipate a 50% improve in your price annually for as much as 5 years.

credit score rating

Although your credit score historical past could appear unrelated to the way you drive, most insurers, together with auto-owners, take into account it vital. However, this all will depend on the place you reside. A study by The Zebra exhibits that drivers with a “very poor” FICO credit standing pays between 65% and 165% extra for automobile insurance relying on the state the place they dwell.

In distinction, this price hike is unlawful in some states. Those states embrace California, Massachusetts, Michigan, and Hawaii. Of these 4 states, Auto-Owners Insurance is barely obtainable in Michigan.

How Satisfied are Auto-Owners Customers?

comparing car insurance

Forbes Advisor lists Auto-Owners as one of its greatest automobile insurance corporations final yr as a result of the insurer receives so few complaints. It rated the insurer’s buyer happiness as “Excellent.” Also, Auto-Owners Insurance obtained a B+ for collision restore and an total 4 out of a 5 rating.

According to a JD Power 2021 study, Auto-Owners Car Insurance obtained an above-average ranking in buyer satisfaction. In addition, it obtained an above common in the Central United States.

Auto Owners Car Insurance Background

Auto-owners insurance has expanded to 26 states since its early beginnings in Mount Pleasant, Michigan.

Today, you could find Auto-Owners obtainable in the next states:

Alabama Arizona Arkansas Colorado
Florida Georgia Idaho Illinois
Indiana Iowa Kansas Kentucky
Michigan Minnesota Missouri Nebraska
North Carolina North Dakota Ohio Pennsylvania
South Carolina South Dakota Tennessee Utah
Virginia Wisconson

Financial Business Ratings

AM Best has given Auto-Owners the Superior A++ ranking yearly since 1972. This ranking signifies that the corporate can take care of its claims.

So in case you are in search of many alternative choices in an insurer, Auto-Owners is an effective auto insurance supplier for you. It has many insurance policies to select from, some nice reductions, and good scores total.

But bear in mind, for those who suppose Auto-Owners could be a very good match for you, remember to double-check that they provide car protection in your space. Also, it is best to buy round for automobile insurance and acquire quotes from varied suppliers, particularly for those who’re shopping for a brand new or used car. That method, you may get the most effective price that works to your state of affairs, together with for those who’re shopping for a traditional automobile.

Find a automobile on the market

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