Washington Car Insurance Company
Washington Car Insurance Companies are regulated and licensed by the Office of the Insurance Commissioner of Washington State. When you buy a car in Washington State you need an insurance policy in the case of an accident occurring when using the car. If you don’t buy car insurance in Washington State, it is an offence and you are liable to pay a fine of $450.
Washington Auto Insurers Are State Regulated
While Insurance companies are not state controlled they are state regulated. All insurance companies in Washington State must carry a minimum coverage of 25/50/10 in their policies under law. This also means that you have to pay a premium payment for these minimum coverage features and cannot waive them in writing.
Many Auto Insurance Companies
Call Washington Their Home
Over 60 Insurance companies are headquartered in Washington State. The State Insurance commissioner’s office not only regulated their working but sets minimum standards for their functioning. You can find out if the car insurance company you wish to use is solvent and stable by contacting the office of the Insurance Commissioner through their telephone hot line or by visiting their website.
Washington Auto Insurance Company’s
Are Very Competitive
The Washington auto insurance market is a very competitive market and each company has its own procedures in deciding as to who or what can be deemed insurance worthy. While the insurance company has to adhere to the minimum insurance coverage features mandated by law, other insurance coverage options, though included by regulation in the policy, can be waived by you in writing. These include uninsured/underinsured insurance (UM/UIM), comprehensive insurance, collision insurance, medical payments and personal injury protection (PIP) for wage loss or funeral payments. If you do not waive these coverage options in writing then the insurance company must give you these coverage options (and charge you for it).
The main competitive element in the working of Washington car insurance companies is in the number of discounts they give the customer.
- Discounts are given for the model and make of the car you purchase.
- Discounts are also given for your driving safety record and your car usage.
- Combining several cars in one policy or buying different policies from one company will entitle you to a discount.
Top Washington Auto Insurance Companies
Major regional players in the Washington auto insurance market with good customer service and payment records are Best Metropolitan Group Property and Casualty Insurance Company, Nationwide Agribusiness Insurance Company, Travelers Indemnity Company of America and Fidelity National Insurance Company. Major nationwide players offering auto insurance in Washington state include GEICO, All State, State Farm, AAA, Farmers, AIG, Progressive, Esurance, and others.
Among Washington mutual insurance companies that claim to pay back the policyholders by dividends and with good consumer relation’s records are Austin Mutual, Country Mutual and Liberty Mutual. Pemco Mutual promises several discounts for good Washington State drivers with excellent safety records.
Washington State has recently allowed insurance companies to issue a pay as you drive discount. Unigard Insurance Company has made this discount available to its customers. Progressive Insurance Company offers a low mileage discount. The Private Passenger Auto Insurance Complaints page in the website of the Office of the Insurance Commissioner gives an indication of the number of complaints filed against each company and can give information on the customer friendly attitude of the insurance company in question.
Compare Top Washington Car Insurance
Companies Side by Side!
Our free Washington car insurance quote tool takes into account the ratings and the feedback of customers with regard to various insurance company attitudes. You can compare quotes from multiple Washington car insurance companies side by side! Get started finding Washington car insurance now!