Best Insurance Companies for 2022

Posted by

There are different definitions regarding the word “insurance” but Insurance is termed as a contract term between a corporate body and an individual or another corporate body either in form of coverage or policy issued to the individual or corporate body as protection over damages or loss after making a claim. This could be financial loss, health, life, car, or even accident, and many more. In other words, insurance stands in gap for you in the days of emergencies or unforeseen circumstances that have to do great property loss.

Insurance is however a form of risk management that is used to protect lives and property when unexpected events happen. There are companies who offer insurance services and products all over the world. These products can be car insurance, health insurance, life insurance, boat insurance, pets insurance and many more. To get the best insurance services from any company, it is best you compare their policy and coverage. Then, you can now go for the best one that suits you. This insurance company helps you recover your lost or damaged property. In this post, we will be pointing out the best Insurance companies for you and the different types of coverage they offer. 

Best Car Insurance Companies 2022

There are certain factors to determine the best car insurance company. Using price to determine the cheapest car insurance policy is not enough, however there are other things you should consider. This is why it is best for you to compare every car insurance company before choosing their policy. However, one of the greatest factors of selecting the best car insurance company is when the company is ready to act speedily when you make a claim in the days of trouble. Other factors include level of complaints, average car insurance rates, collision claims grades from auto body repairs, credit scores, insurance quotes, discounts, insurance costs, etc. Below are lists of top auto insurance companies.

  • USAA
  • State Farm
  • Geico
  • Nationwide
  • Farmers
  • American Family
  • Progressive
  • Travelers
  • AllState
  • Erie
  • Liberty Mutual Insurance
  • Shelter
  • NJM
  • Amica

These are the best Car insurance companies that offer the best car insurance services across the United States. According to reports and statistics gathered from based on insurance company rankings, State Farm ranks No.1 with a market share 17.9% followed by AllSate Corp owing 8.9% market share.

Best Health Insurance Companies in 2022

To choose the best Health Insurance companies or plan for you, you have shop for the best company that offers the best coverage. You can choose by knowing the number of states they provide coverage in, the type of plans, the sizes of their provider networks, starting rates for physician and specialist, A.M. Best (this implies the company’s reputation among other agencies), and customer satisfaction (Better Business Bureau). Below are lists of top Health insurance companies.

  • Aetna
  • Blue Cross Blue Shield
  • Cigna
  • United Healthcare
  • Humana
  • Mollina Healthcare
  • Kaiser Permanente
  • Oscar
  • Anthem

Best Life Insurance Companies 2022

Life insurance is a great coverage to protect your family financially especially when death knocks unexpectedly. The insurance company will use your coverage to take care of your debts, pay your children’s education fee and take care of your aging parents when you are no more. On the contrary, life insurance is not only meant for the dead, this also covers all your working years to help you in days of retirement. To choose the best Life Insurance Company and policy, you need to look at financial strength ratings, compare the price of other insurers, details of the policy accounting pages or expenses pages, A.M. Best ratings, etc. Below are lists of top Life insurance companies.

  • Lincoln Financial
  • Pacific  life
  • Protective
  • Prudential
  • Transamerica
  • AIG
  • AXA Equitable
  • Penn Mutual
  • Principal
  • Northwestern Mutual
  • State Farm
  • John Hancock
  • Minnesota Life
  • Ohio National
  • Midland
  • RiverSource
  • Guardian
  • Massachusetts Mutual
  • New York Life
  • Allianz
  • Ameritas