Insure.com Survey Reveals 2017’s Best Auto Insurance Companies for Millennials

Insure.com Survey Reveals 2017’s Best Auto Insurance Companies for Millennials

These ratings were based on insurance company factors of value for price, customer service, claims processing, likelihood to renew and likelihood to recommend.

millennials

Insure.com announced that based on its new survey, CSAA was ranked the best auto insurance company for millennials.

Respondents to the survey between the ages of 18-34 gave ratings for 20 leading auto insurance companies in the U.S. for its 2017 rankings of the best companies for auto insurance.

These ratings were based on insurance company factors of value for price, customer service, claims processing, likelihood to renew and likelihood to recommend.

First place: CSAA

Overall score: 97.5
Value for price: 5
Customer service: 4.75
Claims processing: 4.75
Would recommend: 96%
Likelihood to renew: 100%

Second place: USAA

Overall score: 96.5
Value for price: 4.5
Customer service: 5
Claims processing: 5
Would recommend: 91%
Likelihood to renew: 95%

Third place: Nationwide

Overall score: 96.0
Value for price: 4.75
Customer service: 5
Claims processing: 4.75
Would recommend: 91%
Likelihood to renew: 100%

For scores and rankings for all 20 life insurance companies in the survey, click here.

According to Insure.com, millennials will typically be subject to higher premiums than the older generation due to the shorter length of factors such as credit history, driving history and continuous insurance policies.

“This age group has a lot to gain by shopping around,” said Penny Gusner, consumer analyst for Insure.com. “These customers have a lot of diversity in their insurance rating factors, and one company might view their particular combination more favorably than another.”

For more details on the survey, including company scores and rankings across categories, see the full feature on Insure.com.

You May Also Like

NABC Announces Winners of Lone Star Changing and Saving Lives Golf Fundraiser

More than 125 players, sponsors and industry members gathered for the second tournament of the NABC season.

The National Auto Body Council (NABC) has announced the winners of the NABC Lone Star Changing and Saving Lives Golf Fundraiser held April 10, 2024 at the Texas Star Golf Course in Dallas. 

More than 125 players, sponsors and industry members gathered for the second tournament of the NABC season. The day featured the presentation of a Recycled Ride to deserving U.S. Army veteran Kijafa Adams prior to the shotgun. In addition, the NABC presented two vehicles the day prior at the PPG Conference to U.S. Army veteran Nathan Burrows and single mother Walnisha Stevenson.  

Crash Champions Acquires Family Motors Auto Body in Bakersfield, Calif.

Crash Champions now operates more than 50 repair centers across Southern California and more than 630 locations across 37 states.

ASE Releases Chairman’s Message

New ASE Chairman Tom Trisdale says 2024 is a year of action for ASE as the challenges of repairing vehicles and the pressures facing technicians have never been greater.

CIF Announces National Coatings & Supplies/Single Source as Repeat Annual Donor

This marks National Coatings & Supplies/Single Source’s fourth consecutive donation at the First Responder tier.

CCG Acquires Square One Systems, Coyote Vision Group

For over 40 years, Square One Systems has delivered effective solutions to collision repairers centered around analytics, collaboration and accountability.

Other Posts

Keene Auto Body: Since 1928

Ensio Piispanen immigrated from Finland to the U.S. and founded Keene Auto Body in 1928.

AASP/NJ Announces Winners of NORTHEAST Show Bodywork Bowl

The competition featured 70 competitors showcasing their skills in welding, painting and estimating.

Consolidator Report

Consolidation news from the week of April 15.

People on the Move

Recent personnel news that has appeared on bodyshopbusiness.com.