The Best and Cheapest Renters Insurance in Pattison,Mississippi for 2024: Rankings, Reviews and Rates

The Cheapest and Best Renters Insurance in Pattison,Mississippi

Since companies offer the same coverages, renters should consider the cost of renters insurance in Pattison,Mississippi when choosing a policy. Keep in mind that comparing quotes is essential to find the best option for your needs.

CheapInsuranced found that the cheapest renters insurance in Pattison,Mississippi is with:

• USAA: $74 per year (only available to military members and their families)
• State Farm: $101 per year

USAA policyholders get great value for their money since all renters insurance policies reimburse items at replacement cost. Plus, policies cover flood and earthquake damage.

The sample policy in this guide has $20,000 in personal property coverage, $100,000 in liability coverage, and a deductible of $500. Review the table below to see how prices can change when you adjust your personal property coverage limit.

AVERAGE ANNUAL RATES FOR PERSONAL PROPERTY INSURANCE

What Renters Insurance Companies Offer the Most Cheapest Coverage in Pattison,Mississippi?

CheapInsuranced assessed and ranked the most budget-friendly renters insurance companies in Pattison,Mississippi, and the results point to the top contenders:

Cheapest Option: USAA (exclusive to active/retired military and their families) Runner-Up: State Farm

Utilizing a distinctive rating methodology encompassing affordability, J.D. Power's customer satisfaction scores, and AM Best's financial stability ratings, CheapInsuranced identified these companies. Notably, these top providers extend coverage options that may be rare among other market competitors.

Overview of Rankings:

1. USAA
   • Score: 100
     • Affordability: 5/5
     • User Satisfaction: 5/5
     • Financial Stability: 5/5

Quick Take: USAA secured perfect scores in all categories, solidifying its position as CheapInsuranced's premier choice in Pattison,Mississippi. Offering competitive rates nationwide, USAA's renters insurance is exclusively available to current and former military members and their families. Noteworthy features include coverage for earthquakes and flood damage, with additional discounts for active military personnel and continued coverage during overseas deployment.

More About USAA: USAA stands out for providing renters insurance policies inclusive of protection against earthquakes and flood damage. Military personnel currently in service are eligible for extra discounts, and coverage is maintained even during overseas deployment.

2. State Farm
   • Score: 87
     • Affordability: 4.3/5
     • User Satisfaction: 4.1/5
     • Financial Stability: 5/5

Quick Take: State Farm emerges as an excellent choice for non-military renters in Pattison,Mississippi, garnering high ratings for affordability and customer service. State Farm distinguishes itself by offering add-on inflation coverage, a feature that sets it apart.

More About State Farm: State Farm consistently provides affordable options nationwide. It simplifies the process of increasing coverage limits for valuable items, such as jewelry, during the quoting phase. Additionally, State Farm offers the rare benefit of inflation coverage, automatically increasing the personal property coverage limit over time.

Average Cost of Renters Insurance in Pattison,Mississippi for 2023:

• Pattison,Mississippi: $122
• U.S.: $159

Renters insurance in Pattison,Mississippi proves to be 23.0% more economical than the national average, with an annual cost of $122 or $10 per month. This cost is notably $37 less than the U.S. average of $159 per year.

Benefits of Renters Insurance in Pattison,Mississippi

Renters insurance in Pattison,Mississippi provides valuable protection for tenants, offering numerous benefits that extend beyond mere coverage. Understanding these advantages can help renters make informed decisions about securing the right policy for their needs. Here are the key benefits of renters insurance in Pattison,Mississippi:

1. Protection for Personal Property:

Renters insurance safeguards your personal belongings, including furniture, electronics, clothing, and more. In Pattison,Mississippi, where property crime rates exist, having coverage is crucial to recover the costs of stolen or damaged items.

2. Additional Living Expenses Coverage:

If your rented dwelling becomes uninhabitable due to a covered peril, renters insurance covers additional living expenses. This means the policy helps pay for temporary accommodation, meals, and other essential costs, ensuring you're not financially burdened during a crisis.

3. Personal Liability Coverage:

Renters insurance includes personal liability coverage, offering financial protection in the event you're responsible for accidental damage to someone else's property or if someone is injured on your rented premises. It covers legal expenses and court fees, providing peace of mind in potential liability situations.

4. Medical Payments Coverage:

In case of injuries sustained on your rented property, regardless of fault, renters insurance includes medical payments coverage. This covers medical expenses for the injured party, reducing the likelihood of legal disputes.

5. Protection Against Specific Events:

Renters insurance in Pattison,Mississippi typically covers various perils, including fire, theft, vandalism, and plumbing issues. Given the occasional risks associated with natural disasters and accidents, having comprehensive coverage ensures you're financially prepared for unforeseen circumstances.

6. Affordable Financial Security:

Renters insurance is relatively affordable, with policies tailored to fit different budgets. For an average cost of $122 per year in Pattison,Mississippi, tenants gain substantial financial security, ensuring they don't face significant financial setbacks in the event of covered incidents.

7. Compliance with Lease Agreements:

Many landlords in Pattison,Mississippi may require tenants to have renters insurance as a condition of the lease agreement. Securing coverage ensures you comply with these requirements, preventing any lease violations that could lead to eviction.

8. Peace of Mind:

Knowing that your personal property is protected, and you have coverage for unforeseen events, brings peace of mind. Renters insurance allows you to enjoy your rented space without constant worry about potential financial losses.

9. Flexibility and Customization:

Renters insurance policies in Pattison,Mississippi are flexible, allowing you to customize coverage based on your specific needs. Whether you have high-value items or unique requirements, you can tailor your policy accordingly.

10. Ease of Replacement for Lost Items:

In the unfortunate event of theft or total loss of personal belongings, renters insurance ensures a smoother recovery process by providing funds to replace lost items. This ease of replacement helps tenants recover more quickly after a covered incident.

Renters insurance in Pattison,Mississippi is a practical and cost-effective way to safeguard your belongings and ensure financial stability in unexpected situations. Whether it's complying with lease agreements or protecting against specific perils, the benefits extend far beyond the policy premium.

Several factors contribute to the computation of renters insurance costs, and being aware of these elements is crucial for making an informed decision. Here are the primary aspects that significantly impact the expenses associated with renters insurance:

1. Personal Property Coverage Amount: The foremost determinant affecting renters insurance costs in Pattison,Mississippi is the coverage amount you choose. Generally, opting for higher coverage translates to a higher premium.
2. Location: Your geographical location is a pivotal factor in determining insurance costs. Renters situated in neighborhoods with a history of property theft or susceptibility to severe weather events may face increased coverage expenses.
3. Deductible: The deductible amount you select influences your out-of-pocket expenses when filing a claim for item replacement. Opting for a higher deductible often results in a lower premium.
4. ACV vs. RCV: Insurance reimbursement can follow either actual cash value (ACV) or replacement cost value (RCV). ACV considers the depreciated value of your used items, while RCV covers the equivalent cost of a new item of similar kind and quality.
5. Liability Coverage Amount: While your liability coverage amount has a marginal impact on your premium, standard renters policies typically include $100,000 in liability coverage. Additional coverage can be added at a nominal cost per year.

Determining the Appropriate Level of Renters Insurance

Understanding Renters Insurance in Pattison,Mississippi While renters insurance is not obligatory in Pattison,Mississippi, having a policy is a prudent and cost-effective measure to safeguard your possessions from potential theft or damage. Some landlords may even make it a requirement as part of your lease agreement.

Coverage Offered by Renters Insurance in Pattison,Mississippi Choosing the right coverage is crucial when shopping for renters insurance. Sufficient coverage is vital for financially protecting your personal items, especially in a city like Pattison,Mississippi, where the property crime rate was 43.91% above the national average in 2019, as per FBI statistics.

Renters insurance in Pattison,Mississippi typically covers:

1. Personal Property: This includes coverage for damage or theft of personal belongings such as clothing, electronics, and appliances within your residence.

2. Additional Living Expenses: In case your dwelling becomes uninhabitable due to a covered event, your renters insurance policy can cover temporary housing costs up to policy limits.

3. Personal Liability: Renters insurance includes personal liability coverage, protecting you in the event of an accident in your rented property resulting in damages or injuries to others. This coverage often covers legal expenses and court fees.

4. Medical Payments: The policy usually includes medical payments coverage, catering to injuries sustained on your property, irrespective of fault, up to policy limits.

Exclusions in Renters Insurance in Pattison,Mississippi It's essential to be aware of what renters insurance doesn't cover. Notably, it doesn't cover the physical structure of the building, which is the landlord's responsibility. Moreover, damages caused by floods are generally not covered, requiring additional insurance through the National Flood Insurance Program (NFIP).

Additionally, renters insurance usually excludes coverage for your roommate's possessions, earthquake damage (with most companies), damage to your vehicle, and high-value items like jewelry exceeding your policy limit. Thoroughly reviewing your policy before purchase is recommended to ensure adequate coverage.

Remember, while renters insurance is optional in Pattison,Mississippi, having a policy is recommended by CheapInsuranced to protect your personal assets, and your landlord may also require you to have coverage.

Renters Insurance in Pattison,Mississippi Analysis: Methodology CheapInsuranced conducted an extensive analysis of hundreds of renters insurance quotes in Pattison,Mississippi to assist you in finding affordable options. The best renters insurance rankings were determined using data from J.D. Power, AM Best, and affordability metrics derived from a comprehensive analysis of quotes provided by Quadrant.

Frequently Asked Questions About Renters Insurance in Pattison,Mississippi

1. How much is renters insurance in Pattison,Mississippi on average? On average, renters insurance in Pattison,Mississippi costs $122 per year or $10 per month.

2. What is the cheapest renters insurance company in Pattison,Mississippi? Based on average rates, the most affordable insurers in Pattison,Mississippi are USAA ($74 per year for eligible military members) and State Farm ($101 per year).

3. What is the best renters insurance company in Pattison,Mississippi? CheapInsuranced identifies USAA (for military families) and State Farm (for non-military members) as the best renters insurance companies in Pattison,Mississippi.

4. Do I need renters insurance in Pattison,Mississippi? Renters insurance in Pattison,Mississippi is optional. However, CheapInsuranced recommends getting a policy to protect your personal assets, and your landlord may require you to have coverage.

5. What does renters insurance in Pattison,Mississippi cover? Renters insurance typically covers personal property, additional living expenses, personal liability, and medical payments. It protects against events like theft, fire, and plumbing issues.

6. What is not covered by renters insurance in Pattison,Mississippi? Renters insurance doesn't cover the physical structure of the building, damage caused by floods (requires separate flood insurance), earthquake damage (with most companies), your roommate's possessions, damage to your car, and high-value items exceeding your policy limit.

7. How can renters insurance benefit me in Pattison,Mississippi? Renters insurance in Pattison,Mississippi offers financial protection for your personal belongings, covers living expenses if your dwelling becomes uninhabitable, provides liability coverage for accidents, and includes medical payments coverage for injuries sustained on your property.

8. Is renters insurance required by law in Pattison,Mississippi? No, renters insurance is not mandatory by law in Pattison,Mississippi. However, it is a recommended and cost-effective way to safeguard your belongings and meet potential lease requirements set by landlords.

9. How was the analysis of renters insurance conducted in Pattison,Mississippi? CheapInsuranced conducted a comprehensive analysis of hundreds of renters insurance quotes in Pattison,Mississippi. Rankings were determined based on data from J.D. Power, AM Best, and affordability metrics derived from a thorough analysis of quotes provided by Quadrant.

10. Are there specific considerations for military members in Pattison,Mississippi? Yes, military members in Pattison,Mississippi may find USAA to be a particularly affordable and beneficial option for renters insurance, tailored to their specific needs.

• Compare accounts

• Get guidance

• Compare accounts

• Get guidance

• Money market accounts

• Money market accounts are similar to savings accounts, but offer some checking features as well.

• Get guidance

• Banking

• Skip the searching and find your next bank in minutes with BankMatch℠.

• Get guidance

• Compare rates

• Get guidance

• Compare rates

• Get guidance

• Buying & selling

• Find an expert who knows the market. Compare trusted real estate agents all in one place.

• Get guidance

• Compare investments

• Get guidance

• Compare plans

• Get guidance

• Finding an advisor

• Get guidance

• Compare cards

• Find your fit

• See your card matches

• Answer a few quick questions and we’ll show you your top credit card options.

• Compare cards

• See what the experts say

• Read in-depth credit card reviews to find out which cards have the best perks and more.

• Get guidance

• Compare lenders

• Get guidance

• Compare lenders

• Get guidance

• Compare lenders

• Get guidance

• Compare lenders

• Get guidance

• HELOC

• A HELOC is a variable-rate line of credit that lets you borrow funds for a set period and repay them later.

• Home equity basics

• Home equity loans

• Home equity loans let you borrow a lump sum at a fixed rate, based on how much of the home you own outright.

• Get guidance

• Compare rates

• Get guidance

• Compare rates

• Get guidance

• Compare companies

• Get guidance

• Elephant insurance review 2024

• AJ Dellinger is a contributing writer for Bankrate. AJ writes about auto loans and real estate.

• Lisa McArdle is an insurance editor who joined the Bankrate team in 2023. She has more than 15 years of experience writing, editing and managing content in a variety of industries, including insurance, auto news and pop culture.

• Mark Friedlander is director of corporate communications at III, a nonprofit organization focused on providing consumers with a better understanding of insurance.

• Lisa McArdle is an insurance editor who joined the Bankrate team in 2023. She has more than 15 years of experience writing, editing and managing content in a variety of industries, including insurance, auto news and pop culture.

• Mark Friedlander is director of corporate communications at III, a nonprofit organization focused on providing consumers with a better understanding of insurance.

• The Bankrate promise

• At Bankrate, we strive to help you make smarter financial decisions. To help readers understand how insurance affects their finances, we have licensed insurance professionals on staff who have spent a combined 47 years in the auto, home and life insurance industries. While we adhere to strict editorial integrity, this post may contain references to products from our partners. Here's an explanation of how we make money. Our content is backed by Coverage.com, LLC, a licensed entity (NPN: 19966249). For more information, please see our Insurance Disclosure.

• At Bankrate, we strive to help you make smarter financial decisions. To help readers understand how insurance affects their finances, we have licensed insurance professionals on staff who have spent a combined 47 years in the auto, home and life insurance industries. While we adhere to strict editorial integrity, this post may contain references to products from our partners. Here's an explanation of how we make money. Our content is backed by Coverage.com, LLC, a licensed entity (NPN: 19966249). For more information, please see our Insurance Disclosure.

• Editorial integrity

• Bankrate follows a strict editorial policy, so you can trust that we’re putting your interests first. Our award-winning editors and reporters create honest and accurate content to help you make the right financial decisions.

• We value your trust. Our mission is to provide readers with accurate and unbiased information, and we have editorial standards in place to ensure that happens. Our editors and reporters thoroughly fact-check editorial content to ensure the information you’re reading is accurate. We maintain a firewall between our advertisers and our editorial team. Our editorial team does not receive direct compensation from our advertisers.

• Bankrate’s editorial team writes on behalf of YOU — the reader. Our goal is to give you the best advice to help you make smart personal finance decisions. We follow strict guidelines to ensure that our editorial content is not influenced by advertisers. Our editorial team receives no direct compensation from advertisers, and our content is thoroughly fact-checked to ensure accuracy. So, whether you’re reading an article or a review, you can trust that you’re getting credible and dependable information.

• How we make money

• You have money questions. Bankrate has answers. Our experts have been helping you master your money for over four decades. We continually strive to provide consumers with the expert advice and tools needed to succeed throughout life’s financial journey.

• Bankrate follows a strict editorial policy, so you can trust that our content is honest and accurate. Our award-winning editors and reporters create honest and accurate content to help you make the right financial decisions. The content created by our editorial staff is objective, factual, and not influenced by our advertisers.

• We’re transparent about how we are able to bring quality content, competitive rates, and useful tools to you by explaining how we make money.

• Bankrate.com is an independent, advertising-supported publisher and comparison service. We are compensated in exchange for placement of sponsored products and services, or by you clicking on certain links posted on our site. Therefore, this compensation may impact how, where and in what order products appear within listing categories, except where prohibited by law for our mortgage, home equity and other home lending products. Other factors, such as our own proprietary website rules and whether a product is offered in your area or at your self-selected credit score range, can also impact how and where products appear on this site. While we strive to provide a wide range of offers, Bankrate does not include information about every financial or credit product or service.

• The Bankrate promise

• Founded in 1976, Bankrate has a long track record of helping people make smart financial choices. We’ve maintained this reputation for over four decades by demystifying the financial decision-making process and giving people confidence in which actions to take next.

• Bankrate follows a strict editorial policy, so you can trust that we’re putting your interests first. All of our content is authored by highly qualified professionals and edited by subject matter experts, who ensure everything we publish is objective, accurate and trustworthy.

• Our insurance team is composed of agents, data analysts, and customers like you. They focus on the points consumers care about most — price, customer service, policy features and savings opportunities — so you can feel confident about which provider is right for you.

• All providers discussed on our site are vetted based on the value they provide. And we constantly review our criteria to ensure we’re putting accuracy first.

• At a glance

• Bankrate's take

• Policyholders with less-common auto insurance needs, such as non-owner insurance or policies for leased vehicles, may benefit from getting a quote from Elephant. However, the company’s service area is limited.

• Those who want to manage their insurance policies and claims online. They may appreciate the perks Elephant offers, including e-signature, online quotes and work-from-home discounts.

• Those outside of the company's range. Elephant coverage is only available in eight states, and contact options funnel to the company’s website. For policyholders who prefer customer service by phone or in person, another company may provide easier access.

• Elephant car insurance

• According to Bankrate’s analysis, drivers who are seeking less-common types of add-on car insurance coverage may find Elephant to be a good choice. Elephant was founded in 2009 and began as strictly an auto insurance company. It offers the standard suite of car insurance policy staples but also has an array of add-on options to consider. Among those options is non-owner car insurance for drivers who don't have their own vehicle and custom parts and equipment coverage for custom or modified cars. However, Elephant only writes auto insurance policies in eight states.

• Pros and cons of Elephant car insurance

• Like most products, Elephant’s car insurance has upsides and downsides. We explore a few below:

• Advertises a multitude of potential discount opportunities

• Allows bundling of Elephant auto insurance with some non-Elephant insurance products

• Offers several less-common auto insurance add-on options

• Availability limited to eight states

• Unusually high level of complaints with the National Association of Insurance Commissioners (NAIC)

• Elephant car insurance cost

• Average premiums for Elephant auto insurance are not available. The current national average cost of car insurance is $2,314 per year for full coverage and $644 per year for minimum coverage. Comparing quotes from multiple insurers can help ensure you purchase your policy at a competitive rate.

• It’s important to remember, though, that rates vary based on a number of personal rating factors, such as your ZIP code, the make and model of your vehicle, driving history and even your age (in most states). As such, it may be helpful to get a personalized quote to learn what your costs may be.

• Elephant car insurance discounts

• Many of the best car insurance companies offer discounts to help you significantly lower your car insurance premium. Elephant advertises that drivers can save up to 40 percent on their car insurance by taking advantage of its long list of discounts, many of which may not be found with other car insurance carriers. This could make Elephant a competitively cheap insurance company for some drivers.

• Discount opportunities include:

• Get personalized auto insurance quotes

• Powered by Coverage.com (NPN: 19966249)

• Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in states where it is licensed. Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way.

• Elephant home insurance

• Elephant offers homeowners insurance coverage through its partner company Homesite. Standard policy options are on offer, such as personal property coverage, liability and medical payments. Dwelling coverage is also included.

• Similar to Elephant’s auto policies, add-on options are available to customize coverage. These options include identity theft protection; personal injury protection for lawsuits alleging libel, slander or invasion of privacy; and valuable items coverage for luxury items like furs and jewelry. Extended replacement cost coverage is also available for the dwelling itself.

• Pros and cons of Elephant home insurance

• There are several pros and cons of Elephant homeowners insurance for prospective customers to consider:

• Numerous potential discounts on offer

• A range of add-on options are available

• No mobile app for policy management or claims filing

• Does not write its own homeowners policies

• Elephant home insurance cost

• Average premiums for a Homesite homeowners policy are not available. The best way to find out how much you can expect to pay is to compare quotes from multiple companies.

• For comparison purposes, the current national average annual premium for $250,000 in dwelling coverage is $2,151. However, your rate may vary due to factors like where you live, how big your house is and whether any renovations or updates have been completed. Keep in mind that depending on your coverage needs, the cheapest insurance will not always provide the best financial protection.

• Elephant home insurance discounts

• While Elephant does not underwrite its own home insurance policies, it does offer multiple discounts for drivers with existing car insurance with Elephant. Other Homesite discounts may include:

• Get personalized home insurance quotes

• Answering a few quick questions to check your availability with Elephant

• Powered by Coverage.com (NPN: 19966249)

• Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in states where it is licensed. Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way.

• Leaving so soon? Your custom quotes are just minutes away.

• Elephant life insurance

• Similar to its homeowners insurance, Elephant does not underwrite its own life insurance. Instead, Elephant life insurance is offered through its partner company Ladder. The only available option is term life insurance, which may be a draw to those who want a cost-effective method of protecting their loved ones. Perks of Ladder life insurance through Elephant include a quick online application with no required medical exam.

• Pros and cons of Elephant life insurance

• Customers looking to bundle their insurance coverage and add term life to a variety of other policies may find convenience in purchasing Ladder coverage through Elephant. While life insurance is limited to term policies only, the convenience factor and potential bundling discount could make this a solid option.

• Offers term life policies

• Does not require a medical exam

• Coverage decision available in minutes

• Only offers one type of life insurance policy

• Does not underwrite its own life insurance policies

• Elephant life insurance endorsements

• Many of the best life insurance policies offer numerous coverage options to personalize the policy. While Elephant does not indicate which specific endorsements are available, it does state that policyholders can choose from different coverage limits and payment plans.

• Compare life insurance providers quickly and easily

• See which provider is right for you.

• Whole life insurance combines life insurance with an investment component.

• Term life insurance is precisely what the name implies: an insurance policy that is good for a specific term of time.

• Powered by Coverage.com (NPN: 19966249)

• Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in states where it is licensed. Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way.

• Compare Elephant with other insurers

• Finding the right insurance can be tricky and depends on several personal variables. That's one reason why it's often helpful to shop around between multiple insurers when looking for a policy. Below are some possible alternatives to Elephant when considering insurance.

• Elephant vs. Metromile

• While Elephant offers discounts for low-mileage drivers, like its work-from-home discount, some companies specialize in low-mileage car insurance. Metromile is one such company, and it could be a good choice for drivers who want auto coverage but drive minimally and want to see that reflected in their rates.

• Elephant vs. Progressive

• Elephant offers a robust suite of auto insurance options, including add-on coverage options, but it does not have an app to make things more convenient for its customers. Progressive is one of the larger insurance companies, and it offers auto, home and life insurance. Progressive also has a free app and other digital tools. People who prioritize digital tools and apps and are looking for these types of insurance policies may prefer Progressive over Elephant.

• Learn more: Progressive Insurance review

• Elephant vs. Farmers Insurance

• Customers can get auto, home and life insurance through Elephant, but home and life policies (as well as some specialized types of auto) are underwritten by partner companies. Farmers offers these types of policies in-house while maintaining several discount and customization options. Those who want to purchase all their insurance policies from one company and like customization options for home and auto may prefer Farmers to Elephant.

• Learn more: Farmers Insurance review

• Is Elephant a good insurance company?

• Elephant insurance may be a good option for the right customers. The company offers auto, home and life insurance products, although some of these policies are underwritten by partner companies. Auto policies come with several add-on options that may be hard to find at some other companies, and Elephant offers several potential discounts.

• Still, Elephant insurance products are only available in eight states, and Elephant car insurance reviews are mixed — the company has received a relatively high number of NAIC complaints. Customers who are in the service region, qualify for discounts and don't mind the rate of NAIC complaints may find Elephant to be a good company.

• Elephant customer satisfaction

• Third-party rating companies, such as J.D. Power and AM Best, review insurance companies and analyze specific factors like customer claims satisfaction and financial strength. These ratings can help prospective customers determine which company is best for them. Another helpful metric is the relative number of complaints filed with the NAIC.

• Elephant auto claims satisfaction

• J.D. Power doesn’t include Elephant in its ratings. However, it is worth noting that Elephant’s financial strength is lauded by AM Best, indicated by its A+ rating.

• The NAIC assigns complaint index scores independently for each insurance coverage type (private passenger, homeowner, individual life, etc.). Complaint indexes vary within companies depending on the product being ranked and its correlating customer service.

• Elephant has a ratio of NAIC complaints well above the national median. Its overall NAIC ratio is 2.39. Companies with ratios over the baseline of 1.00 have a higher number of complaints, while those under this number have fewer.

• Other Elephant tools and benefits

• Elephant offers other types of insurance in addition to auto, home and life insurance. These include:

• Frequently asked questions about Elephant

• How do I file a claim with Elephant insurance?

• Filing a claim with Elephant is similar to the process for filing with other insurance carriers. You may open a claim through their online portal 24/7 or by phone at 1-877-218-7865 during business hours. Or, you may utilize email or snail mail, if you prefer. You can track the status of your claim online, as well.

• Filing a claim with Elephant is similar to the process for filing with other insurance carriers. You may open a claim through their online portal 24/7 or by phone at 1-877-218-7865 during business hours. Or, you may utilize email or snail mail, if you prefer. You can track the status of your claim online, as well.

• Is Elephant insurance a sustainable company?

• Elephant Insurance has been a paperless company from the start and participates in several corporate sustainability initiatives, including a partnership with Adopt a Highway and sponsorship of Project Yellow Light, a nonprofit that advocates against texting and driving. The company also participates in regular local outreach events in its home city of Richmond, Virginia.

• Elephant Insurance has been a paperless company from the start and participates in several corporate sustainability initiatives, including a partnership with Adopt a Highway and sponsorship of Project Yellow Light, a nonprofit that advocates against texting and driving. The company also participates in regular local outreach events in its home city of Richmond, Virginia.

• Is Elephant a good insurer?

• Elephant may be the right choice for some individuals. It has a broad range of products and an extensive list of discounts, so it may be worth considering for those who are trying to save money on their policies. Its limited availability means that it will not be a good choice for those outside of its service range, and the relatively high customer service complaint numbers with the NAIC may give some customers reason to pause. If you are looking for a full-service company with potentially low rates, however, you may want to ask Elephant for a quote.

• Elephant may be the right choice for some individuals. It has a broad range of products and an extensive list of discounts, so it may be worth considering for those who are trying to save money on their policies. Its limited availability means that it will not be a good choice for those outside of its service range, and the relatively high customer service complaint numbers with the NAIC may give some customers reason to pause. If you are looking for a full-service company with potentially low rates, however, you may want to ask Elephant for a quote.

• Is Elephant owned by Allstate?

• Elephant insurance is not owned by Allstate. Elephant is a subsidiary of the Admiral Group, one of the U.K.'s leading insurers. It was founded in 2009 and has its headquarters in Richmond, Virginia.

• Elephant insurance is not owned by Allstate. Elephant is a subsidiary of the Admiral Group, one of the U.K.'s leading insurers. It was founded in 2009 and has its headquarters in Richmond, Virginia.

• AJ Dellinger is a contributing writer for Bankrate. AJ writes about auto loans and real estate.

• Lisa McArdle is an insurance editor who joined the Bankrate team in 2023. She has more than 15 years of experience writing, editing and managing content in a variety of industries, including insurance, auto news and pop culture.

• Mark Friedlander is director of corporate communications at III, a nonprofit organization focused on providing consumers with a better understanding of insurance.

• On This Page

• On This Page

• ON THIS PAGE

• ON THIS PAGE

• Bankrate logo Bankrate

• About

• Help

• Legal

• How we make money

• Bankrate.com is an independent, advertising-supported publisher and comparison service. We are compensated in exchange for placement of sponsored products and services, or by you clicking on certain links posted on our site. Therefore, this compensation may impact how, where and in what order products appear within listing categories, except where prohibited by law for our mortgage, home equity and other home lending products. Other factors, such as our own proprietary website rules and whether a product is offered in your area or at your self-selected credit score range, can also impact how and where products appear on this site. While we strive to provide a wide range of offers, Bankrate does not include information about every financial or credit product or service.

• Bankrate, LLC NMLS ID# 1427381 | NMLS Consumer Access BR Tech Services, Inc. NMLS ID #1743443 | NMLS Consumer Access

• © 2024 Bankrate, LLC. A Red Ventures company. All Rights Reserved.