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Is Root Insurance a good car insurance to have? Will I be protected if I choose them? You can learn how you can save 62% on your car insurance and still be covered.
What Makes A Car Insurance Company Good?
Usually, a good car insurance company differs from the bar by their customer service, rates, and coverages. The rate a car insurance company gives you is usually the deciding factor in selecting a carrier. Of course, all car insurance companies must offer nearly identical coverage options. Because of this, comparing coverages is unnecessary. However, rates from different car insurance companies differ greatly.
Customer service varies greatly between insurance companies. Some outsource their customer support to third world countries. Of course, there is nothing wrong with this. However, I have found that it sometimes creates a language and cultural barrier. Luckily, I have only had US-based customer support with Root Insurance. And they have always been helpful to me.
Root’s rates are some of the lowest I have ever seen. Personally, I haven’t seen other companies’ rates even get close to Root’s. As far as rates go, Root is probably the way to go. Of course, I would always recommend shopping rates. Because car insurance rates can vary wildly, please get at least 5-10 car insurance quotes.
Coverages must be the same across carriers. Having full coverage with Geico is the same full coverage as Root. The only exception is that certain carriers have different extras you may add. For example, some offer roadside or gap coverages for an addition fee. One thing that is great about Root is they include free roadside!
What Is Root Insurance?
Root is a startup technology-based insurance carrier. They are different in that they track how you drive before they give you a rate. Because of that, they can offer lower rates to safe drivers. Then they pass the savings on to you. Although they are a fairly new company, they are stable. All insurance companies must have cash reserves to pay for the coverages they provide.
Do I Have To Worry About Root Insurance?
Because of US government regulation, all legal insurance companies are safe. They have huge requirements to make sure they can cover your policy. Insurance also follows the law of large numbers. They have mathematicians running their numbers. They ensure the company has enough money to pay out for right number of policy holders every month. Insurance companies also spend money on reinsurance. This lets them share risk with another insurance company.
Is Root A Good Car Insurance? Yes! Based on my experience, they are great. In fact, I’ve been recommending them to my friends and family for years.
Are you looking for how to get in touch with Root Insurance? Try this post!
Adam is a license Property and Casualty Insurance Agent for over two years in 25 States. He has worked with 10 different insurances companies. His interests include marketing, insurance, sales, and personal finance.
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