Q:

What are the highest rated insurance companies?

A:

Quick Answer

The highest-rated life insurance company is State Farm, according to consumer studies conducted by J.D. Power in 2014. The highest-rated company for satisfaction for car insurance claims is Amica Mutual.

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What are the highest rated insurance companies?
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Full Answer

When it comes to homeowners insurance, Amica Mutual is the highest rated, according to the J.D. Power study. For renter's insurance, GEICO takes the lead position.

Businesses also need insurance, and Erie Insurance was the highest rated in 2014 among business owners, as presented by J.D. Power. This company also rated highest when it comes to insurance purchase experience. Erie Insurance was also listed as the highest-rated insurance company for purchase experience in 2013.

When looking specifically at auto insurance ratings for 2014, State Farm was the highest rated in New York and the Southwest, claims J.D. Power. The Hartford was the highest-rated auto insurance company in Florida and the Mid-Atlantic region. Texas Farm Bureau Insurance took the top spot in Texas, and PEMCO Insurance was the highest rated in the Northwest region. Tennessee Farm Bureau was the highest-rated auto insurance company in the Southeast, and Auto-Owners Insurance was rated as the top insurance company in the Central and North Central regions.

The 2014 J.D. Power study was based on opinions of consumers who were customers of these insurance companies.

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