The ten best auto and home insurance companies

Automobile and home insurance fall within the sector of property and casualty insurance.

Before buying a car or home insurance policy, you should learn more about the different companies that offer these policies. Your goal should be to buy insurance coverage from a company that is financially stable and has a high degree of customer satisfaction with respect to claims and billing issues. There are several independent organizations, whose sole purpose is to evaluate insurance companies on a range of issues ranging from financial capacity, payment of claims, history, customer satisfaction, pricing structure and product offerings. Below are presented, taking into account the information provided by the three largest independent rating organizations, the top ten car and home insurers.

Amica Mutual
Amica Mutual Insurance Company is based in Providence, Rhode Island, and is a member of the Amica Mutual Group. The company has more than US $ 2 billion in assets, a strong long-term vision, and has been rated A ++ (Superior) by A.M. Best in May 2009. According to JD Power & Associates, «Amica Mutual ranks first for the eighth consecutive year among property insurance companies, performing particularly well on the five factors that contribute to total customer satisfaction.»

Auto-Owners
Auto-Owners Insurance Company is based in Lansing, MI, and is a member of the Auto-Owners Insurance Group. The company has more than US $ 2 billion in assets, a strong long-term vision and has been rated A ++ (Superior) by A.M. Best in May 2009. This company received 4 stars out of 5 by JD Power & Associates in all categories related to customer satisfaction, product selection and pricing.

Erie Insurance
Erie Insurance Company is based in Erie, PA, and is a member of the Erie Insurance Group. The company has more than US $ 2 billion in assets, a stable long-term outlook, and has been rated A + (Superior) by A.M. Best of June 2009 and AA by Standard & Poors as of December 2007. This company received 4 stars out of 5 by JD Power & Associates in all categories related to customer satisfaction, product selection and pricing.

State Farm
State Farm is based in Bloomington, IL. The company has more than US $ 2 billion in assets, a stable long-term outlook, and has been rated A ++ (Superior) by A.M. Best in May 2009 and AA by Standard & Poors as of March 2009. This company received 4 stars out of 5 by JD Power & Associates in all categories related to customer satisfaction, product selection and pricing.

Cincinnati Insurance
Cincinnati Insurance Company is based in Cincinnati, OH, and is a member of Cincinnati insurance companies. The company has more than US $ 2 billion in assets, a stable long-term outlook, and has been rated A + (Superior) by A.M. Best in December 2008 and A + by Standard & Poors as of June 2008. This company received a 3 and 4-star blend of 5 by JD Power & Associates in all categories related to customer satisfaction, product selection and pricing.

Alpha
Alianza Alfa Insurance Corporation is based in Glen Allen, VA, and is a member of the Alfa Insurance Group. This company has more than US $ 1 billion in assets, a stable long-term outlook and has been rated A + (Superior) by A.M. Best as of March 2009. This company received a mixture of 3 and 4 stars out of 5 by JD Power & Associates in all categories relating to customer satisfaction, product selection and pricing.

The Hartford
Hartford Accident & Indemnity Company is based in Hartford, CT, and is a member of the Hartford Insurance Group. This company has more than US $ 2 billion in assets, a long-term negative outlook, and has been rated A (Excellent) by A.M. Best in February 2009 and A by Standard & Poor as of June 2009. This company received 4 stars out of 5 by JD Power & Associates in all categories related to customer satisfaction, product selection and pricing.

American Family
American Family Life Assurance Company of New York is based in Columbus, New York and is a member of the Aflac Incorporated Group. The company has more than US $ 2 billion in assets, a stable long-term outlook, and has been rated A + (Superior) by A.M. Best as of February 2009 and AA-de Standard & Poor as of April 2009. This company has received 3 stars out of 5 by JD Power & Associates in all categories related to customer satisfaction, product selection and pricing.

Allstate
Allstate Insurance Company is based in Northbrook, IL and is a member of the Allstate Insurance Group. The company has more than US $ 2 billion in assets, a stable long-term outlook, and has been rated A + (Superior) by A.M. Best as of November 2009 and AA- by Standard & Poors as of January 2009. This company has received 3 stars out of 5 by JD Power & Associates in all categories related to customer satisfaction, product selection and prices.

Liberty Mutual
Liberty Mutual Insurance Company is based in Boston, MA, and is a member of Liberty Mutual Insurance Companies. The company has more than US $ 2 billion in assets, a long-term negative outlook, and has been rated A (Excellent) by A.M. Best as of April 2009 and A- by Standard & Poors as of September 2008. This company has received 3 stars out of 5 by JD Power & Associates in all categories related to customer satisfaction, product selection and pricing.