2022 Safeco Insurance Reviews: Is Safeco a Good Company?

How is safeco insurance rated

Video How is safeco insurance rated

safeco insurance review

safeco insurance is rated 2.9/5 by the editors of wallethub, based on customer reviews, insurance quotes, and ratings from organizations like better business bureau (bbb) and j.d. Energy. Despite good scores in its claims process, safeco scored poorly when it came to customer service, discounts offered, and cost.

safeco’s naic rating is also 1.25. That means Safeco reviews from consumers include more complaints than the average auto insurance provider of its size. Many of those complaints center around poor customer service and unexpected rate increases.

safeco insurance ratings

  • wallethub reviews: 2.1/5
  • j.d. power: 4.1/5
  • naico: 1.25
  • bbb: a+
  • I’m better: a
  • standard & poor: a
  • moody’s: a2
  • car insurance review highlights

    Ranking: Third quartile among major auto insurance companies, based on wallethub’s price comparison.

    Important discounts: decreasing deductible, anti-theft, homeowners and righttrack® (driving control program).

    Basic coverage options: Bodily Injury Liability, Property Damage Liability, Medical Payments, Comprehensive, Collision, and Uninsured/Underinsured Motorist.

    Additional coverage options: Accident Forgiveness, Emergency Roadside Assistance, and New Car Replacement.

    Other Specialty Auto Insurance: Rideshare coverage, RV insurance, and classic car insurance.

    To help drivers better understand how much safeco car insurance costs, the editors of wallethub obtained sample safeco car insurance quotes for a mix of driver profiles that vary in age and driving history. You can learn more about these sample quotes in the methodology section of our full safeco insurance review.

    safeco car insurance quotes

    safeco doesn’t have the most competitive auto insurance rates in the industry, but they aren’t the most expensive rates you’ll find either. safeco ranks in the third quartile of top companies in the wallethub price comparison.

    safeco home insurance review highlights

    safeco offers homeowners, renters and condo owners insurance policies that won’t cost a fortune. There is also coverage for homeowners.

    safeco’s home insurance covers damage to your home, as well as other structures you own, from perils such as fire, storm damage, or a tree falling through a roof. A safeco homeowners policy will also pay for temporary living expenses if you can’t stay home while damage from a covered peril is repaired.

    for renters, safeco policies offer protection for personal belongings against damage or theft while they are in your rental home or with you anywhere else in the world. safeco renters policies will also cover legal fees if someone else gets hurt while visiting you at home.

    safeco condo insurance provides coverage when your building’s primary insurance policy falls short. will cover your personal belongings and any damage that occurs inside your unit, including damage to appliances, light fixtures, flooring, and more. It will also cover medical expenses if you or a guest are injured in your condo.

    Finally, homeowners can count on Safeco to protect their rental properties (up to 16 units) from damage. safeco policies also protect homeowners from liabilities such as lawsuits for trespassing or wrongful eviction.

    in a nutshell: is safeco a good insurance company?

    safeco is a pretty good insurance company. wallethub editors give safeco a rating of 2.9/5 due to its large network of insurance agents, long list of coverage options, and good claims process.

    however, safeco can do better when it comes to customer service and pricing. safeco is also not the best option for people who prefer to buy insurance directly, without intermediaries, as safeco requires customers to complete purchases through an independent agent.

    To learn more, read Wallethub’s full Safeco Insurance review or check out some of the reviews from other consumers below.

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