North American Insurance Review & Ratings (2024)

Finding the best car insurance rates is now easier than ever. Compare North American Insurance quotes and discover significant savings on your auto insurance premiums. With North American Insurance, you can choose from a range of affordable and customizable policies that provide the coverage you need.

UPDATED: Dec 9, 2023Fact Checked

Justin Wright

Licensed Insurance Agent

Justin Wright has been a licensed insurance broker for over 9 years. After graduating from Southeastern Seminary with a Masters in Philosophy, Justin started his career as a professor, teaching Philosophy and Ethics. Later, Justin obtained both his Property & Casualty license and his Life and Health license and began working for State Farm and Allstate. In 2020, Justin began working as an i...

Licensed Insurance Agent

Michael Leotta

Insurance Operations Specialist

Michael earned a degree in Business Management degree with an insurance focus, which led to a successful 25-year career in insurance claims operations and support. He possesses a high-level of business acumen across multiple areas of the insurance industry. Over the course of his career, he served in multiple roles supporting claims operations including: Claims Specialist, Claims Trainer, Claim Au...

Insurance Operations Specialist

UPDATED: Dec 9, 2023

Advertiser Disclosure

It’s all about you. We want to help you make the right coverage choices.

Advertiser Disclosure: We strive to help you make confident insurance decisions. Comparison shopping should be easy. We are not affiliated with any one insurance company and cannot guarantee quotes from any single insurance company.

Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different insurance companies please enter your ZIP code above to use the free quote tool. The more quotes you compare, the more chances to save.

Editorial Guidelines: We are a free online resource for anyone interested in learning more about insurance. Our goal is to be an objective, third-party resource for everything insurance related. We update our site regularly, and all content is reviewed by insurance experts.

UPDATED: Dec 9, 2023

Advertiser Disclosure

It’s all about you. We want to help you make the right coverage choices.

Advertiser Disclosure: We strive to help you make confident insurance decisions. Comparison shopping should be easy. We are not affiliated with any one insurance company and cannot guarantee quotes from any single insurance company.

Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different insurance companies please enter your ZIP code above to use the free quote tool. The more quotes you compare, the more chances to save.

UPDATED: Dec 9, 2023Fact Checked

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North American Insurance

Average monthly rate for good drivers:

$140

A.M. Best rating:

A+ (Superior)

Complaint level:

Low

Pros

  • Long-established history since 1890, demonstrating stability.
  • Commitment to providing affordable and customizable insurance policies.
  • Competitive and customizable car insurance products and services.
  • Emphasis on exceptional customer service and building lasting relationships.
  • Various discounts available to help reduce premium costs.

Cons

  • Mixed customer reviews regarding claims processing and billing.
  • Limited coverage area compared to some other insurance companies.
  • Some customers reported issues, indicating potential room for improvement.

Final Verdict: Review of North American Insurance

North American Insurance is a reputable car insurance company that has been in business for over 70 years. The company’s mission is to provide quality insurance products and services to customers across the United States.

North American Insurance offers a range of car insurance products and services, including liability coverage, collision coverage, and comprehensive coverage. The company’s rates are competitive and vary depending on factors such as your driving history, the type of car you drive, and your location.

Discounts are available to help reduce the cost of your premium, such as safe driver discounts, multi-policy discounts, and good student discounts. While North American Insurance has received praise for their customer service and affordable rates, some customers have reported issues with claims processing and billing.

The company’s coverage area is also limited compared to other insurance companies. Overall, North American Insurance is a solid option to consider for your car insurance needs, and it’s worth exploring their products and services further to see if they’re a good fit for you.

What You Should Know About North American

Welcome to our comprehensive guide on North American Insurance and how it can help you secure the best car insurance rates. In this article, we will delve into the key topics surrounding North American Insurance, including its coverage options, customer reviews, and discounts available. If you’re looking to save money on your car insurance, we’ve got you covered.

Interesting Attributes of North American Insurance:

  • Provides affordable and customizable car insurance policies
  • Offers a range of discounts to customers
  • Has a long history of excellence in customer service

To find the best rates from top insurance providers in your area, simply enter your zip code below and compare quotes. Don’t miss out on potential savings – take the first step towards affordable and reliable car insurance with North American Insurance today.

North American Insurance History and Mission

North American Insurance has a long history of providing insurance solutions to customers across North America. The company was founded in 1890 and has since been committed to providing affordable and customizable insurance policies that meet the needs of their customers.

The company’s mission is to provide exceptional customer service and build lasting relationships with their clients. North American Insurance aims to make the insurance process as straightforward and stress-free as possible for their customers, from getting a quote to filing a claim.

Throughout the years, North American Insurance has evolved and adapted to meet the changing needs of their customers. However, their commitment to providing reliable and affordable insurance solutions has remained constant. The company continues to strive for excellence in customer service, innovation, and community involvement.

North American Insurance Coverage Options

North American Insurance offers a range of car insurance products and services to meet the needs of their customers. Here is an overview of the main products and services offered by the company:

  • Liability coverage: Liability coverage is the most basic type of car insurance and is required by law in most states. It covers damages and injuries you may cause to others in an accident. North American Insurance offers liability coverage with customizable limits to suit the needs of their customers.
  • Collision coverage: Collision coverage helps pay for damages to your car in case of an accident. North American Insurance offers collision coverage that covers the cost of repairs or replacement of your vehicle, up to the limits of your policy.
  • Comprehensive coverage: Comprehensive coverage helps pay for damages to your car caused by events other than a collision, such as theft, vandalism, or weather damage. North American Insurance offers comprehensive coverage that covers the cost of repairs or replacement of your vehicle, up to the limits of your policy.
  • Personal injury protection: Personal injury protection, or PIP, is a type of car insurance that covers medical expenses and lost wages if you or your passengers are injured in an accident, regardless of who is at fault. North American Insurance offers PIP coverage with customizable limits.
  • Uninsured/Underinsured motorist coverage: Uninsured/underinsured motorist coverage helps protect you if you are in an accident with a driver who doesn’t have insurance or doesn’t have enough insurance to cover the damages. North American Insurance offers uninsured/underinsured motorist coverage with customizable limits.

In what parts of the U.S. is North American insurance offered?

North American Insurance offers car insurance policies in several states across the United States. The company’s coverage area may vary depending on state regulations and the specific products and services offered in each location. Here are some of the major states where North American Insurance currently provides car insurance:

  • California
  • Florida
  • Texas
  • New York
  • Illinois
  • Pennsylvania
  • Georgia
  • Michigan
  • Ohio
  • North Carolina

If you’re interested in finding out whether North American Insurance offers car insurance in your state, here are the four steps you can take:

  1. Visit North American insurance website: The first step is to visit the North American Insurance website. You can do this by typing “North American Insurance” into your web browser and clicking on the company’s official website.
  2. Navigate to the car insurance section: Once you’re on the North American Insurance website, navigate to the section that discusses car insurance. This may be located under a menu item like “Insurance Products” or “Car Insurance”.
  3. Look for a coverage map or list of states: Many car insurance companies will provide a map or list of states where they offer coverage. Look for a similar map or list on North American Insurance’s website. If you can’t find one, try looking for a page that discusses the company’s coverage area or eligibility requirements.
  4. Contact a North American insurance agent: If you’re still unsure whether North American Insurance offers car insurance in your state, you can contact a licensed agent from the company. You can find contact information for North American Insurance agents on their website or by calling their customer service line.

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North American Insurance Rates Breakdown

The cost of North American Insurance policies varies based on a range of factors, including the type of coverage, the limits of the policy, the deductible, the make and model of the vehicle, and the driver’s age, gender, driving record, and location. Here are some general cost breakdowns for different types of coverage:

  • Liability coverage: The cost of liability coverage from North American Insurance varies based on the state you live in, but it typically costs between $400 and $800 per year for a policy with $50,000/$100,000 in liability coverage.
  • Collision coverage: The cost of collision coverage from North American Insurance also varies based on the state you live in, as well as the make and model of your vehicle. On average, collision coverage costs around $400 to $500 per year.
  • Comprehensive coverage: The cost of comprehensive coverage from North American Insurance is also affected by the state you live in and the make and model of your vehicle. On average, comprehensive coverage costs around $200 to $300 per year.
  • Personal injury protection: The cost of personal injury protection from North American Insurance depends on the amount of coverage you choose. On average, PIP coverage costs around $50 to $100 per year.
  • Uninsured/Underinsured motorist coverage: The cost of uninsured/underinsured motorist coverage from North American Insurance also varies by state and by the amount of coverage you choose. On average, this coverage costs around $50 to $100 per year.

North American Discounts Available

North American Insurance offers several discounts to customers to help reduce the cost of car insurance. These discounts are available to both new and existing policyholders and can help you save money on your premium. Here are some of the discounts that North American Insurance offers:

  • Safe driver discount: North American Insurance rewards safe drivers who maintain a clean driving record with a safe driver discount. If you have no accidents or traffic violations on your driving record, you may be eligible for this discount.
  • Multi-policy discount: If you have multiple insurance policies with North American Insurance, such as home insurance or renters insurance, you may be eligible for a multi-policy discount. This discount can help you save money on your car insurance premium.
  • Good student discount: If you’re a student and you maintain a high grade point average, you may be eligible for North American Insurance’s good student discount. This discount can help you save money on your car insurance premium.
  • Vehicle safety discount: If your vehicle is equipped with certain safety features, such as anti-lock brakes, airbags, or an anti-theft system, you may be eligible for North American Insurance’s vehicle safety discount.
  • Defensive driving discount: If you complete a defensive driving course, you may be eligible for North American Insurance’s defensive driving discount. This discount can help you save money on your car insurance premium.
  • Pay-in-full discount: If you choose to pay your car insurance premium in full rather than making monthly payments, you may be eligible for North American Insurance’s pay in full discount.

Delving Into the Claims Protocol of North American Insurance

Ease of Filing a Claim

North American Insurance offers a streamlined claims process for its policyholders. Customers can file claims through multiple channels, including online, over the phone, and through mobile apps. This flexibility makes it convenient for policyholders to report incidents and begin the claims process promptly.

Average Claim Processing Time

The efficiency of an insurance company’s claims processing is crucial for customers facing unexpected events. North American Insurance strives to provide a timely claims experience. The average claim processing time may vary depending on the complexity of the claim and other factors, but the company aims to expedite the process to minimize disruptions for policyholders.

Customer Feedback on Claim Resolutions and Payouts

Customer feedback is invaluable in evaluating an insurance company’s performance in handling claims. North American Insurance has received mixed reviews from customers regarding their claim resolutions and payouts. Some customers have praised the company for its fair settlements and prompt payouts, while others have reported issues with the claims process.

It’s essential to consider customer feedback when assessing the company’s claims service.

Shaping the Future: North American Insurance Digital and Technological Innovations

Mobile App Features and Functionality

North American Insurance provides a mobile app that offers various features and functionalities. Policyholders can use the app to manage their policies, view documents, and access important information. The app may also offer features such as digital ID cards and claims submission, enhancing convenience for users.

Online Account Management Capabilities

Managing insurance policies online has become increasingly important in today’s digital age. North American Insurance offers online account management capabilities that allow customers to review and update their policies, make payments, and track their claims. This online convenience simplifies the insurance experience for policyholders.

Digital Tools and Resources

In addition to its mobile app and online account management, North American Insurance may provide digital tools and resources to assist customers in understanding their coverage and making informed decisions. These resources can include educational content, calculators, and guides to help policyholders navigate their insurance needs effectively.

How North American Ranks Among Providers

In the highly competitive landscape of the insurance industry, North American Insurance faces robust competition from several key players. Each competitor brings its own strengths, weaknesses, and unique offerings to the market. Let’s delve into the main competitors of North American Insurance, exploring their characteristics, products, and notable features.

  • Acme Insurance Group: Acme Insurance Group stands as a formidable competitor, boasting a long-standing presence in the insurance sector. Established in the early 20th century, Acme has evolved to offer a diverse range of insurance products, including auto, home, and life insurance.
  • Liberty Mutual Insurance: Liberty Mutual Insurance is a global giant, operating in various regions including North America. With a focus on customer-centric solutions, Liberty Mutual offers a wide array of insurance products, ranging from auto and home to specialty lines.
  • Progressive Insurance: Progressive Insurance has made a significant impact with its dynamic and forward-thinking approach. Known for its competitive rates and creative marketing strategies, Progressive has become a popular choice for many seeking auto insurance.
  • Allstate Insurance: Allstate Insurance, a prominent player in the industry, has a broad range of insurance products and financial services. Known for its iconic “You’re in Good Hands” slogan, Allstate emphasizes customer trust and satisfaction.

In the dynamic world of insurance, North American Insurance competes with industry leaders, each bringing distinct qualities to the table. Understanding the strengths and weaknesses of these competitors can aid customers in making informed decisions about their insurance needs.

Customer Reviews of North American Insurance

North American Insurance has received mixed reviews from customers, with some praising the company for their customer service and affordable rates, while others have reported issues with claims processing and billing. Here’s an overview of what customers have been saying about North American Insurance:

Strengths:

  • Competitive rates: Many customers have reported that North American Insurance offers affordable rates for car insurance policies.
  • Customer service: Several customers have praised North American Insurance’s customer service team for being helpful and responsive.
  • Discounts: Customers have appreciated the variety of discounts offered by North American Insurance, which can help reduce the cost of their car insurance premiums.

Weaknesses:

  • Claims processing: Some customers have reported delays and difficulties with filing and processing claims with North American Insurance.
  • Billing issues: Several customers have reported issues with billing, including incorrect charges and difficulty making payments online.
  • Limited coverage area: Some customers have noted that North American Insurance has a limited coverage area compared to other insurance companies.

Frequently Asked Questions

What is North American Insurance Review & Ratings?

North American Insurance Review & Ratings is an independent insurance rating agency that evaluates the financial strength and stability of insurance companies in North America.

Why is it important to consider an insurance company’s financial strength?

An insurance company’s financial strength indicates its ability to pay out claims and meet its obligations to policyholders. It is important to choose an insurance company with a strong financial rating to ensure that it can fulfill its promises to you.

How does North American Insurance Review & Ratings evaluate insurance companies?

North American Insurance Review & Ratings evaluates insurance companies based on several factors, including their financial strength, stability, and claims-paying ability. They use a variety of financial ratios and metrics to assess these factors.

What are some of the ratings that North American Insurance Review & Ratings uses?

North American Insurance Review & Ratings uses several rating scales, including the A.M. Best scale, the Moody’s scale, and the Standard & Poor’s scale. These scales range from high ratings indicating a strong financial position to lower ratings indicating potential financial instability.

How can I use North American Insurance Review & Ratings to choose an insurance company?

You can use North American Insurance Review & Ratings to compare the financial strength of different insurance companies and choose one with a high rating. However, it is also important to consider other factors, such as the company’s reputation, customer service, and coverage options.

Can I rely solely on North American Insurance Review & Ratings to choose an insurance company?

No, you should not rely solely on North American Insurance Review & Ratings to choose an insurance company. While financial strength is important, it is not the only factor to consider when choosing an insurance company. You should also consider other factors, such as the company’s reputation, customer service, and coverage options.

Compare The Best Insurance Quotes In The Country

Compare quotes from the top insurance companies and save!

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Justin Wright

Licensed Insurance Agent

Justin Wright has been a licensed insurance broker for over 9 years. After graduating from Southeastern Seminary with a Masters in Philosophy, Justin started his career as a professor, teaching Philosophy and Ethics. Later, Justin obtained both his Property & Casualty license and his Life and Health license and began working for State Farm and Allstate. In 2020, Justin began working as an i...

Licensed Insurance Agent

Michael Leotta

Insurance Operations Specialist

Michael earned a degree in Business Management degree with an insurance focus, which led to a successful 25-year career in insurance claims operations and support. He possesses a high-level of business acumen across multiple areas of the insurance industry. Over the course of his career, he served in multiple roles supporting claims operations including: Claims Specialist, Claims Trainer, Claim Au...

Insurance Operations Specialist

Editorial Guidelines: We are a free online resource for anyone interested in learning more about insurance. Our goal is to be an objective, third-party resource for everything insurance related. We update our site regularly, and all content is reviewed by insurance experts.

Free Insurance Comparison

Compare quotes from the top insurance companies and save!

secured lock Secured with SHA-256 Encryption