Elephant Auto Insurance coverage Evaluation: Price and Protection (2022)

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*Rankings are decided by our house media overview group. Study extra about our scoring methodology under.

Elephant Auto Insurance coverage is thought for providing inexpensive charges for one 12 months insurance coverage phrases. Whereas many drivers settle for elephant protection and prices, the supplier will not be the correct selection for everybody.

At House Media Evaluation Workforce we have checked out the perfect automotive insurance coverage firms to search out out which of them do the perfect job of mixing high quality protection with affordability. Now, we’ll take a better have a look at Elephant auto insurance coverage, analyzing its common prices, insurance coverage insurance policies, and buyer opinions.

About Elephant Insurance coverage

Elephant Insurance coverage has been in enterprise since 2009 and is headquartered in Henrico, Va., simply outdoors Richmond. The corporate typically affords a variety of price efficient charges and low cost alternatives to its policyholders.

Along with elephant auto insurance coverage, prospects can bundle their insurance policies with householders insurance coverage, renters insurance coverage, motorbike protection, life insurance coverage and umbrella protection. Those that buy a number of coverages from Elephant can get a multi-policy low cost on their insurance coverage premiums.

The supply of elephant insurance coverage is comparatively low, with solely drivers who dwell in these states having the ability to acquire protection:

  • Georgia
  • Illinois
  • Indiana
  • Maryland
  • ohio
  • Tennessee
  • Texas
  • Virginia

In mild of Elephant’s A+ ranking from the Higher Enterprise Bureau (BBB), nevertheless, drivers in these states might wish to discover this insurance coverage supplier’s choices.

Elephant Auto Insurance coverage Pricing & Reductions

Motorists usually select handheld protection in hopes of getting low-cost automotive insurance coverage. Usually, the corporate’s charges are decrease than the competitors, though it will depend on the driving force.

We reached out to Elephant Insurance coverage for a quote for a 35-year-old driver with a clear driving file within the Chicago suburbs. The next price estimates are for full protection automotive insurance coverage:

Though these charges are barely under common for automotive insurance coverage in Illinois, they’re most likely not the most cost effective charges doable. The simplest method to discover your best charges for auto protection is to match automotive insurance coverage quotes from a number of suppliers.

Elements Affecting Automobile Insurance coverage Charges

Like nearly each auto insurance coverage supplier, Elephant makes use of private particulars and details about your automobile when figuring out your premium. Listed here are some components that may have an effect on the price of elephant auto insurance coverage:

  • placeCharges fluctuate from state to state, however costs are additionally typically decrease in rural areas than in cities in the identical state.
  • driving historical past: Drivers with a clear driving file will see the bottom charges. Folks with unintentional accidents, tickets or shifting violations pays extra for automotive insurance coverage.
  • protectionCosts will fluctuate relying on the kind and quantity of auto insurance coverage you need. A minimal protection coverage normally prices a lot lower than one with complete safety.
  • automobile sortInsurance coverage firms set completely different charges for every automotive mannequin, with luxurious automobiles and sports activities vehicles sometimes costing essentially the most to insure.
  • age: Youthful drivers are statistically extra prone to be concerned in accidents, so that they nearly at all times pay increased charges for auto insurance coverage.
  • credit score historical past: In case your credit score historical past exhibits that you just pay payments on time and are in good monetary standing, you’ll get decrease automotive insurance coverage premiums.

Drivers who’ve averted rushing tickets, DUI violations and at-fault accidents will discover essentially the most aggressive value of Elephant Auto Insurance coverage. Additionally it is doable to get decrease charges if you happen to keep a robust credit score rating or go for a decrease quantity of automotive insurance coverage protection.

elephant auto insurance coverage low cost

Youthful drivers and other people with accidents or tickets on their information usually have bother discovering low-cost automotive insurance coverage charges. You might be able to cut back your prices considerably by way of the automotive insurance coverage reductions provided by Elephant. Beneath are among the most typical:

Since Elephant Auto Insurance coverage is thought for its inexpensive charges and number of reductions, it’s advisable to test with the corporate about additional financial savings. The simplest method to discover out if you happen to qualify for a reduction is to get free automotive insurance coverage quotes on-line.

Elephant Auto Insurance coverage Protection

Elephant auto insurance coverage comes with commonplace forms of automotive insurance coverage provided by nearly all suppliers. We’ll listing the six most simple forms of protection under:

extra protection choices

Additionally, you will discover some much less frequent protection varieties by way of Elephant Auto Insurance coverage. Not each add-on is critical for each Elephant auto insurance coverage coverage, so analysis these protection choices rigorously earlier than including them.

Elephant Auto Insurance coverage Opinions

Elephant Insurance coverage receives a mean of 4.2 out of 5.0 stars on Google from over 2,800 opinions, nevertheless it additionally holds an almost 1.2-star common from reviewers on the BBB web site. The BBB, then again, offers an A+ ranking to the elephant and has acknowledged it since 2015.

Drivers typically reward Elephant Auto Insurance coverage for its extremely aggressive charges, though some drivers report sharp value will increase over time. It is good to match automotive insurance coverage charges often to make it simpler to find out the perfect value to insure your automobile.

There are additionally opinions analyzing the claims course of from Elephant Insurance coverage. Widespread criticisms embody the corporate’s refusal to cowl sure automotive repairs and a few points with incompetent and inaccessible insurance coverage brokers.

Elephant insurance coverage opinions appear to point that motorists have hit-or-miss experiences when coping with a supplier. Whereas some consider the elephant is price it for the low cost charges, many choose the peace of thoughts that comes from a extra established insurance coverage supplier.

Our group reached out to Elephant Insurance coverage for touch upon their customer support and claimed satisfaction rating however didn’t get any response.

The Backside Line on Elephant Auto Insurance coverage

We give elephant auto insurance coverage 10.0 7.6 out of stars For its excellent costs and extensive protection choices. Nevertheless, the corporate does not obtain the strongest scores from elephant prospects, and is simply out there in eight states.

It’s good to match quotes from automotive insurance coverage suppliers earlier than selecting one to cowl your automobile. This manner, it is possible for you to to know whether or not elephant auto insurance coverage is finest on your wants or it could be higher to decide on one other supplier.

Providing several types of insurance coverage

It is possible for you to to bundle a number of insurance coverage choices along with your automotive protection if you wish to decrease your charges with Elephant. The corporate might present the next forms of insurance coverage:

  • householders insurance coverage
  • renters insurance coverage
  • condominium insurance coverage
  • off-road automobile protection
  • motorbike insurance coverage
  • life insurance coverage
  • umbrella insurance coverage

Whereas insurance coverage prospects pay extra for extra protection varieties, these choices are normally cheaper when they’re bundled collectively. Whatever the insurance coverage supplier drivers select, it is suggested to buy most insurance coverage merchandise from one firm.

Different Choices for Automobile Insurance coverage

Elephant auto insurance coverage could be a nice possibility for drivers on the lookout for low-cost protection, nevertheless it’s removed from the one possibility. It’s best to think about a number of automotive insurance coverage choices earlier than selecting one, as this could result in extra aggressive charges.

Geico: Editor’s Selection

These on the lookout for cheaper charges from a longtime automotive insurance coverage supplier ought to take a look at protection from Geico. Firm scores above common in JD Energy 2021 US Auto Claims Satisfaction ResearchSM and has an A++ monetary energy ranking from AM Finest.

learn on: Geico Insurance coverage Evaluation

USAA: Low Charges for the Navy

USAA supplies inexpensive charges and glorious service to energetic and retired navy members and their households, incomes it our Low Charges for Navy Award. Insurance coverage supplier scores highest in each US area in JD Energy 2021 US Auto Insurance coverage ResearchSM,

learn on: USAA Insurance coverage Evaluation

our methodology

Since shoppers depend on us to supply goal and correct data, now we have created a complete ranking system to compile our rating of the perfect automotive insurance coverage firms. We collected knowledge on dozens of auto insurance coverage suppliers to grade firms on a variety of rating components. The tip end result was an total ranking for every supplier, with insurers scoring the very best on the listing.

Listed here are the components that our ranking takes into consideration:

  • Price (30% of the whole rating)Auto insurance coverage price estimates generated by Quadrant Info Companies and low cost alternatives had been each taken into consideration.
  • Protection (30% of the whole rating)Corporations that provide quite a lot of choices for insurance coverage protection usually tend to meet the wants of the patron.
  • Repute (15% of complete rating): Our analysis group considers market share, rankings from business specialists and years in enterprise when giving this rating.
  • Availability (10% of complete rating)Auto insurers with larger state availability and few eligibility necessities scored highest on this class.
  • Buyer Expertise (15% of Whole Rating): This rating relies on the amount of complaints reported by NAIC and buyer satisfaction rankings reported by JD Energy. We additionally thought of the responsiveness, friendliness and helpfulness of every insurance coverage firm’s customer support group, based mostly on our personal purchaser evaluation.

*Actual knowledge on the time of publication.

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