The auto insurance market has changed drastically over the last 5 years. Rating points from driving record, age, and credit score effect the cost of auto insurance in a more competitive market than the industry has seen in more than 20 years. Phillips Insurance Associates Inc., represents only AM Best rated A carriers for it’s preferred auto clients.
With the changes it’s become more important than ever to have multiple markets to best fit the customer to the carrier keeping in mind that the most important consideration is the insurance company’s ability and willingness to pay the claim when it occurs. Most of our companies provide 24/7 claim reporting (see claim reporting #‘s) and easy payment options such as electronic funds transfer, web pay, and credit card.
With the competitive price push advertising that’s blanketed the media, most consumers have come to believe that all auto insurance is the same. The truth is, it’s more complicated and confusing than ever. Liability and physical damage coverage extensions, whether the coverage follows the car or the driver, who’s not covered, GAP coverage, and rental car coverage are just a few areas that are commonly misunderstood. Our goal is to fit the driver to the coverage and the carrier that best fits their needs.