AIG Auto Insurance Review

AIG auto insurance is one of the companies with American International Group. It has grown to become one of the forth-largest auto insurance companies in the entire world. Started in 1919, it began as the American International Group, after which 21st Century Insurance company bought it. They downgraded the company until Farmers Insurance Company bought and it remains in their ownership to this day. Read the below auto insurance review and then enter your ZIP code to find cheap auto insurance for FREE!

AIG Auto Insurance Basics

AIG insures people in over 130 countries where they serve both commercial and individual insurance needs. Located in New York today, AIG offers competitive auto insurance rates for anyone. The discounts that the company offers are based on many things that must be carefully considered in order to get the best policy for your personal auto coverage. Here are some of the factors that determine the auto insurance discounts and coverage.

1. Location of Coverage
2. Age
3. Driving Record
4. Car Type
5. Other Policies on File
6. Other Polices
7. Credit

All of these factors are taken into consideration for the discounts and auto insurance policies to be properly assessed. All of these factors are taken into consideration so the company can decide what level of risk that your coverage would pose financially to AIG. They work with you to get the best rates and the largest discount possible while still maintaining the level of coverage that you require for safety. Here is a breakdown of what all of that means to your cost and rates.

How AIG Auto Insurance Works

The location in which you reside makes a huge difference in the rates that you are given. When you live in a neighborhood that is known for their high risk of theft, the company has to bear the coverage of that risk. The same risk applies to where you work.

Age is another point of risk for AIG. There are certain ages that bear risks that are greater than others. For example, teens are the highest risk group. Their limited experience coupled with their age and mental capacity is known to provide a higher risk. This remains a high-risk age group until the age of 25. At 25 the risk is lowered and remains lower until the individual reaches the age of 65. At 65 all rates go back up because of poor visual and muscle control. Mental capacity also bears a large weight on rates.

Discounts in Spite of Age

AIG offers some nice incentives even when the age group is considered high risk. These factors can seriously lower your auto insurance costs. Here are a few of those factors.

1. Lower age insured can improve their rates by providing their report cards that reflect good grades.
2. Driving classes certificates prove to AIG that they are conscientiously making strides to improve their driving.
3. Seniors that provide eye examination results that prove their ability to see better can help their rates be significantly lowered.
4. Improved credit scores and buying a home all benefit lower rates for coverage.

AIG Coverage

AIG offers coverage that is greatly varied to meet your individual needs. No matter if you are a business or an individual, your coverage is altered to suit your needs for auto coverage. You should make sure you do the proper auto insurance comparison for your specific needs! Here is a breakdown of the things to consider with your agent when you buy AIG coverage.

1. What deductible can I handle?
2. What level of coverage do I need?
3. What options do I want added onto the policy?

These are the points that are important to ask your agent. You deductible will greatly vary by the amount of cost that you pay for your coverage. Carefully consider how much you can pay in order to get more savings now.

The level of coverage that you require is extremely important to note. If you have a car that is not paid off and still has a title with a lending company, then you need to cover the loan and get a new vehicle. Check the auto insurance laws in your area to insure you are abiding to your state’s laws!

There are options to consider as well. These options can greatly enhance your driving experience and safety while on the road. Once such example is for “road-side assistance.” This can save money and feel far safer when you are traveling to areas that are farther away from home. Another option is insurance coverage for higher quality vehicles. Add coverage according to what it will cost to replace the vehicle if it is damaged or stolen.

More Ways to Save

1. One other little known savings is for those that wish to drive shorter distances. If you let your insurer know that you are driving for only locally then you can get a significant savings.
2. If you have a change in lifestyle that lowers your risk then you should let your insurer know.
3. If you take a defensive drivers course as an adult at good rates, you can lower your rates even more.

Any of these measures are additional ways that you can use AIG to save money. They are well known to work with your to get the best rates and offer the highest level of coverage for your auto needs anywhere.

They have a solid reputation and offer the history of stability that goes a long way in your peace of mind. After reading this auto insurance review, you should make some time for comparing auto insurance companies and planning out your auto insurance! We are here to help you find free auto insurance quotes!