Commonwealth Casualty Firm is a Phoenix, Arizona-based home and vehicle insurance company. The firm was founded in 2010 and offers a variety of products and services, including vehicle insurance, homeowners' insurance, renters' insurance, as well as roadside assistance.
Car insurance has a reputation for being costly. However, they believe that it should be available to everyone, regardless of their social or financial background. They also understand that what works for one person may not work for another, which is why their specialists will work with you to find a policy that matches your needs while staying within your budget.
Pros and Cons
Commonwealth Casualty offers a variety of savings to drivers who combine their home and auto insurance.
Commonwealth Casualty is currently only accessible in two states: Texas and Arizona
Suitable for conscientious drivers: The vanishing deductible program might save money for drivers who have a clean driving record.
Drivers who wish to manage their insurance policy on the fly will be dismayed because there is no mobile app accessible.
Unique Commonwealth Casualty Insurance Features
Drivers in Arizona are served by all major car insurance providers in the United States. You have a lot of choices, so what sets the Commonwealth apart?
The Commonwealth separates itself from the competition in the following ways:
Arizona-based: The Commonwealth was founded in 2010 in Phoenix, Arizona, and is still based there. If you choose a locally owned and operated vehicle insurance provider, Commonwealth Insurance in Phoenix may be the finest alternative.
Affordable choice: Commonwealth Insurance caters to the Arizona budget market by providing low-cost auto insurance. So, if you want to legally drive in Arizona without spending a fortune, the Commonwealth might be the best option for you.
Personalized services: Commonwealth is distributed by independent insurance brokers all around Arizona, so if you prefer a more personalized approach to working with an agent, Commonwealth could be the right option for you. Agents are tasked with selling the company's insurance.
Added car services: Commonwealth insurance has the provision for additional benefits on car services via Way+. Car parking, car wash, gas discounts, glass replacement, and roadside assistance come with the bundle.
See what you could save on auto insurance
Types of Commonwealth Auto Insurance Coverages
Commonwealth Casualty is a smaller, regional insurance company that offers the same variety of coverage options as a larger insurer. This Arizona-based insurer offers a variety of coverage in addition to liability insurance. Here's an overview of everything they have to offer:
The most typical insurance coverages are:
Insurance against liability: In most states, liability insurance is required by law. It covers both personal injury and property damage liability, which protects other drivers if you're at fault in an accident.
Comprehensive Insurance: In every state, comprehensive coverage is an optional add-on, but you may be required to purchase it if you're leasing or financing a vehicle. Comprehensive coverage covers damage that isn't caused by a collision, such as damage caused by extreme weather, vandalism, or theft.
Collision coverage: Commonwealth offers you a type of coverage that protects your vehicle in the event of a collision.
Medical payments coverage: If you and any passengers in your car get wounded in an accident, Med Pay will cover your medical expenditures, even if you were at fault. In a few places, Med Pay is required, but in the majority, it is an optional add-on.
PIP: If you and your passengers are harmed in a car accident, personal injury insurance (PIP) is similar to Med Pay in that it protects you and your passengers. PIP also covers lost pay and, if necessary, burial expenses.
Additional Coverage Options offered by Commonwealth
Rental reimbursement: If your vehicle is damaged in a covered loss and is being repaired, rental reimbursement will cover the cost of you renting a car.
Accidental death and dismemberment: If you're seriously injured or hit by a drunk driver, Commonwealth Casualty will provide a payout (up to the stipulated level) to cover funeral and medical expenses.
Rideshare coverage: If you work for a ride-sharing service, you'll need rideshare insurance because your personal auto insurance won't cover you while you're on the job.
Coverage for custom/additional equipment: This add-on provides coverage of up to $2,500 for equipment installed after you purchased your cars, such as additions, devices, or enhancements.
Safety Equipment: If your headlights, taillights, or windshield are damaged in a collision, this coverage covers the repair or replacement of the glass components of those elements without a deductible.
Removing the named driver restriction: Normally, only the named driver on a Commonwealth Casualty insurance policy, is allowed to drive the car. This coverage allows non-resident drivers to drive the car and be covered by the same policy in an accident.
Assistance on the road: Roadside assistance, also known as towing and labor coverage, assists with flat tire repairs, towing, battery jumpstarts, emergency fuel deliveries, and more.
Roadside Assistance: Commonwealth policyholders are covered for roadside assistance. Commonwealth will cover towing, jump starts, flat tire removal, and other emergency roadside services for a few more bucks per month. If your car breaks down and you want assistance, Commonwealth's roadside assistance service will pay the expense.
Uninsured and underinsured motorist coverage: In Arizona, almost one out of every seven drivers is uninsured. Even though uninsured and underinsured motorist coverage is not required in Arizona, many drivers purchase it for added safety. Drivers in Arizona can get uninsured and underinsured motorist coverage from the Commonwealth.
Medical Payments Coverage: The Commonwealth's medical payments coverage pays for the insured's and their family's medical expenses, regardless of fault.
Multiple Policies: You can save money on both your car and your house or renter's insurance by bundling them.
Vanishing Deductible Discount: If you add the vanishing deductibles benefit to your policy, your deductible will drop by $100 for every year you go without causing an accident. This is comparable to other insurers' vanishing deductible benefit, and it can considerably reduce the amount you pay when filing a claim.
Safe Driving Discount: You may be eligible for the Commonwealth's safe driving discount if you have 3 to 5 years of safe driving experience in Arizona. To be eligible, you must have no recent speeding tickets, at-fault accidents, or other severe problems on your driving record.
Commonwealth Average Cost by State
Although one of the best providers of auto insurance, Commonwealth Auto Insurance is limited to certain states in the USA.
Commonwealth Auto Insurance is a good choice in terms of its customer-friendly services. It is also a provider of discounts which benefit the clients.
Commonwealth is an Arizona insurance business specializing in providing low-cost auto insurance to residents of the state. The company now distributes auto insurance through a network of brokers throughout the past decade. Complete car loss insurance, vehicle damage estimates, Commonwealth renter's insurance, auto insurance, rideshare, roadside assistance, and other associated claims and insurance are all available through the company.
Brief History of Commonwealth
On October 26, 1994, the CommonWealth Casualty Auto Insurance was formed under the laws of the State of Washington. On January 1, 1995, it was issued a certificate of authority to transact insurance business, and on January 17, 1995, it began operations.
Northbridge Indemnity Insurance Corporation (Northbridge Indemnity), which is completely owned by Northbridge Financial Corporation, and wholly controlled by Fairfax Financial Commonwealth Insurance Company of America 6 Holdings Limited, was the sole shareholder of the company (Fairfax Holdings). On May 1, 2012, the Company was placed in a runoff.
TIG Insurance Company (TIG), a property and casualty insurer based in the state of California that has been in runoff since 2002, purchased 100% of Northbridge Indemnity's outstanding stock on January 7, 2013.
Auto Insurance Data Methodology
The auto insurance rates published in this guide are based on the results of research completed by Way.com’s data team. Using a mix of public and internal data, we analyzed millions of rate averages across U.S. ZIP codes.
Quotes are typically based on a full coverage policy average unless otherwise noted within the content.
These rates were publicly sourced from insurer filings and should be used for comparative purposes only — your own quotes will differ. Given this, it’s important to go through our insurance steps form to find how much you can save with way.com
What type of coverage does Commonwealth Auto Insurance offer?
Commonwealth Auto Insurance offers Rental reimbursement, Accidental death and dismemberment, Rideshare coverage, safety equipment coverage, roadside assistance, and uninsured motorist coverage
How do I get a quote with Commonwealth Auto Insurance?
To get a quote with Commonwealth Auto Insurance, call 877-603-1310 and follow the phone prompts for the claims department to file a new claim.
Average Commonwealth Insurance Rates?
The Average Commonwealth Insurance Rates are the highest for Oregon has the highest average commonwealth insurance rates, and North Carolina has the lowest.