Liberty Mutual is an insurance provider that was able to write out $34 million in premiums during 2018 with a 5.1 percent market share. However, though they are giant when it comes to insurance, does the company offer what you may need?
There are pros to choose the company for insurance. Liberty Mutual is financially sound and has comprehensive coverage options. Also, their customer complaints are average, nothing too out of the ordinary. However, there are cons. They have low J.D. power scores as well as high premium rates in individual states. The company’s headquarters his Boston, Massachusetts, and ranks 75th on the Fortune 500 list.
Liberty Mutual not only has car insurance but offers an array of coverages across the board. They offer motorcycle insurance, Homeowners/renters insurance, RV insurance, boat insurance, umbrella policies, flood insurance, life insurance, accident insurance, and pet insurance.
Liberty Mutual Might Be The Insurance Company You Need
The company offers a full selection of standard insurance options in every state in the nation. Their policies include liability, comprehensive, collision, uninsured motorist, personal injury protection, and medical payments. However, due to each state having differing laws, the company follows coverage options depending on the state.
If you are looking for a company with many unique benefits, then this may be the company for you. They offer a deductible fund as well as a lifetime repair guarantee.
In order to qualify for their accident forgiveness program, you have to be accident-free five years prior to signing up. If your car is in the repair shop, they offer rental car reimbursement for your rental car.
Though LM offers plenty, there are specific criteria that may affect your offers. For example, the Centers for Disease Control and Prevention believe that as you get older, you are less likely to get in a car accident. So one’s age is a factor. The area in which you live can affect your premium as well. Another factor the company looks at is the type of car you drive, as well as your driving history.