Farmers Insurance, one of the nation's largest insurers, has acquired MetLife's auto and home insurance policies.
Pros | Cons |
---|---|
You can personalize your policy by selecting from a wide range of optional protections. | Auto insurance buyers report lower-than-average levels of satisfaction |
Several discounts are available. | You may need to speak with a representative as the online quote system does not provide you with an estimated quote. |
Coverage for new vehicles, including loan/lease (gap) coverage and new car replacement benefits. | |
It's unusual to have additional car rental damage coverage as an option. |
MetLife provides a solid range of additional coverages along with the basic coverage. These are some of the options available.
MetLife provides both basic and optional coverage for your automobile insurance policy. The extent to which each coverage is offered and its limitations are subject to change from one state to the next. MetLife sells its products through a network of independent agents, so any questions about your eligibility should be directed to them. As of right now, MetLife Auto Insurance offers these coverages.
To understand more, check out types of auto insurance coverage in the US.
Category | Annual Rates |
---|---|
Young Adults | $2,755 |
Category | Annual Rates |
---|---|
Young Adults | $3,575 |
Category | Annual Rates |
---|---|
Young Adults | $5,270 |
Category | Annual Rates |
---|---|
Young Adults | $6,580 |
Insurance Company | Minimum coverage | Full coverage | Full coverage with one accident |
---|---|---|---|
State Farm | $346 | $879 | $1048 |
Progressive | $472 | $1207 | $1917 |
MetLife | $496 | $1234 | $1990 |
Allstate | $705 | $1883 | $2690 |
In J.D. Power's 2020 Auto Claims Satisfaction Study, MetLife ranked fifth out of 24 for overall customer satisfaction. Except for the Mid-Atlantic region, where it scored slightly below average, MetLife only appeared in five of J.D. Power's 11 regions 2020 Auto Insurance Satisfaction Study. 11 points lower than the regional average of 833, its overall average score was 822. One or more aspects of Metlife's billing process and policy information and policy offerings, policy claims, price or interactions were rated as less than satisfactory.
If you're looking for a wide range of coverage options that allow you to customise your policy, MetLife may be a good option. Drivers can save money, thanks to a wide range of discounts. If you've just bought a new car and want to take advantage of new car replacement and gap coverage, this is a good option for you. People who travel frequently or rent cars on a regular basis may find it useful to purchase additional insurance for their rental car. If customer service and satisfaction are important to you, you may want to look at other insurance providers.
MetLife Insurance provides life, auto, home, accident, health, and renters insurance, as well as retirement and savings options. MetLife, headquartered in New York City, serves over 90 of the top 100 US Fortune 500 companies. The company has approximately 100 million customers worldwide.
As a life insurance company founded in 1868, MetLife has grown into a major player in the insurance and savings markets. Nearly 50 countries have a significant presence of the provider.
MetLife Foundation is dedicated to helping people with low and moderate incomes achieve their full potential. With the help of MetLife employee volunteers, they collaborate with non-profits and social enterprises to develop financial health solutions that benefit communities. The MetLife Foundation has given back nearly $1 billion to the community since its inception in 1976. More than 17.3 million low- and moderate-income individuals have been served by their financial health initiatives in 42 markets.
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
When it comes to paying legitimate claims, MetLife ranks highly in terms of financial strength. However, their customer service ratings are typically average or below average.
In order to get a temporary replacement vehicle, if you haven’t already paid for rental car insurance, then the answer is no.
If you want to cancel by phone, call 1-800-422-4272. If you want to cancel by email, you can find the email under the 'Contact Us' tab on the MetLife website. You cannot cancel your MetLife policy through an online portal. MetLife does not charge fees or penalties for early cancelation.
Yes, MetLife insurance is pretty expensive when compared to all the other providers in the USA.
Yes. For home and auto, MetLife offers several coverage options that will pay the full cost of replacing damaged property.
Access your digital insurance card through the app. You no longer need to carry your physical insurance card with you.
Receive reminders before your renewal. Way.com will also send new quotes from up to 45 insurance companies with your renewal reminder.
Keep everyone on your policy up to date by sharing your insurance information.
Make changes to your policy right from the app (coming soon) and ask for expert advice.