What is Alfa Insurance
Although their coverage is better in certain areas over others, there is no question Alfa Insurance is worth a serious look. This is a well-established insurance company with a number of products and policies that you can consider. One of the great consistencies you will find among the reviews of this company is their well-roundedness. This can prove to be a good choice for a number of different individuals and reasons.
At the same time, this company may not be ideal for everyone. Car insurance is a requirement that all of us must take seriously. While this company has pretty good reviews across the board, this doesn’t inherently mean the company is perfect.
Alfa Insurance Basics
Starting from the Alabama Farmers Federation, Alfa Insurance has built a strong reputation among its customers, since first opening their doors in 1946. This car insurance company does not have coverage in every part of the United States. You will naturally want to make sure they will be able to work with you, if you are considering one of their policies. You will also want to keep in mind that the coverage can vary from one state to the next. The premiums associated with Alfa are competitive when compared to companies such as Nationwide.
There are some clear cut advantages to choosing this company, regardless of what you are ultimately looking for in car insurance. There are a number of perks associated with the company, as well. This gives them a certain measure of distinction in comparison to other top car insurance companies. You will also want to keep in mind that car insurance is just one example of what you can find here. Alfa also offers life insurance, homeowners insurance, and much more. As you may discover with a bit of research, it just might be in your best interests to bundle various life insurance policies. Not surprisingly, Alfa Insurance is more than willing to reward you for doing so.
Let’s take a look at some of the pros and cons of Alfa. While many would argue the good outweighs the bad with this provider, there are still several considerations worth taking seriously.
Alfa Insurance Pros And Cons
One of the most appealing aspects to this company has to be the fact that they have a good range of insurance products. While they are particularly well known for their auto insurance, the truth of the matter is that they are pretty well-regarded in every aspect of their business.
One thing to consider with Alfa is that they have a lower degree of complaints from customers than many of their competitors. This can be taken a couple of different ways. Perhaps most importantly, it should tell you in no uncertain terms that the company has a solid reputation in the customer service department. While some have complained about slow responses, this seems to be more of an exception than the rule. The company has a good track record in paying claims in a straightforward, speedy fashion.
Alfa Insurance also benefits from significant financial strength. When researching your options for the best insurance companies, one thing everyone should look for is financial strength. You want to know without question that if something occurs, the company is going to have your back. No one wants to find themselves in a financial crunch, due to an accident or natural disaster, with no idea as to when the insurance company is going to come through with the check. Or rather, if they even have the resources to do so. On that front, you don’t have a thing to worry about. The financial strength associated with this company is considerable indeed.
Further Pros And Cons Of Alfa Insurance
While Alfa probably won’t be the cheapest insurance company you come across, they nonetheless have a good range of products, combined with strong customer service. You can also handle most of your needs with this company online. At the same time, you also have the option of working directly with an agent. If you are someone who appreciates the human element to an insurance company, then you will definitely like the fact that Alfa seems willing to go the extra mile to give their customers a solid peace of mind.
Another nice feature for this company is that many of their perks are added at no additional charge. For example, if Alfa ever asks you to appear in court, regardless of the reason, they will pay you as much as $50 for every day they ask you. Through either collision insurance or comprehensive insurance, you can also have strong protection for theft of personal belongings. You will unquestionably appreciate that Alfa Insurance offers excellent benefits within coverage related to medical payments. An Alfa customer can even have a companion bed made available, in the event of a hospital stay.
At this point, the worst thing you can say about this company is that some people have had bad customer service experiences. This doesn’t seem to be an issue with the majority of their clients, but a number of people have nonetheless experienced issues in filing a claim, or in terms of their customer service experience. A few have noted that the company also made it extremely difficult to cancel or make changes to their existing policy. Again, this doesn’t seem to be typical of Alfa customers, but it is worth taking to heart nonetheless.
The inconsistency of coverage strength from one state to the next can be a little frustrating, as well. It would seem that when it comes to this issue, Alfa is particularly strong in Mississippi, Georgia, and, not surprisingly, Alabama. Weaker coverage seems to exist throughout Ohio, Texas, Virginia, Arkansas, Kentucky, and Tennessee.
Additional Considerations With Alfa Insurance
In terms of discounts, you will find that Alfa Insurance has quite a bit to offer. Qualifying for the defensive driver discount, for example, can give you a discount of 5%. If you want to combine your car insurance with your homeowners insurance through Alfa, they will also give you a discount. That discount in particular is an impressive 12%, so it is at least worth thinking about.
Another thing we like about this insurance company? In many places, the provider has teamed up with local news stations to help their customers prepare for the possibility of severe weather. Thankfully, given the states in which the company works, Alfa can give you the ability to be prepared for just about anything.
Emergency road services are made available to Alfa customers. This element of the company has been praised by most for being easy-to-utilize, professional, and efficient. We also like the fact that Alfa can give you coverage to protect against lost income from an accident. In fact, the company will reimburse up to 85% of your lost wages. This is another example of the company going to a good deal of trouble to make sure their customers feel secure. Their assistance and experience can make an unfortunate situation considerably less stressful.
Medical and funeral expenses will generally be covered. This is regardless of who is at fault for the accident. There are a number of benefits to working with this company over the long-term.
There is no question that this is a very solid insurance company. All things considered, you can certainly do worse than trusting what you need to this group. Obviously, in order to ensure you have the best possible experience, make sure to do as much research as possible. This is true of not only Alfa Insurance, but with any provider you may encounter.
Alfa has built a strong reputation through the decades. While we would advise you to research the company in greater detail, particularly negative reviews of Alfa, but we are confident that you are going to be pleased with what you find. The car and homeowners insurance are perhaps the best elements associated with this provider. Nonetheless, it can be helpful to learn more about their various products and services. The more you combine and bundle, the greater your potential to save. This is a good insurance company for anyone who is need of a long-term solution. Much of the company’s customer base consists of individuals who have been with the company for years.
Alfa Insurance is not perfect, but they are going to probably meet most of your needs. It can also prove to be your most affordable choice. Barring that, there is a very good chance that they will be somewhere in the top 5 most affordable insurance companies. In terms of auto insurance, for example, a 30-something female driver with a good driving record will probably get some great rates. This is unquestionably a company that is willing to reward its customers for good driving and customer loyalty.
If you are in the market for an insurance company, and you live in one of the states in which Alfa coverage is offered, we can definitely recommend these guys. At the very least, they deserve more than just a cursory glance.
David is a financial expert who graduated from the University of Fordham (Master in Finance) in 2001. He has 10+ years of experience in private equity and wealth management. With strong expertise in senior-level financial planning, personal financial analysis, and mortgages, David knows his way around personal finance. Before working at CCR he used to be a financial analyst at McKinsey.
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