Alongside roadside assistance and other benefits, Freeway Insurance also provides life, auto, and property insurance policies. These are accessible through Confie, a national insurance distribution company.
Instead of acting as an insurance underwriter, Freeway serves as a broker and negotiates deals with several other insurance companies, which sets it apart from several other providers.
Homeowners Insurance
In case of mortgaging, homeowners insurance is an essential requirement and is designed to cover living expenses, while doubts over an injury occurring within one’s property arise. While policies of this sort are not obligatory by law, investing in a homeowners policy is a decision any prudent homeowner would support.
A typical HO-1 basic homeowners policy offer protection against perils like fire, lightning, explosion, hailstones, and up to 11 other calamities. These also extend to the primary structure, garages, sheds, and other backhouses on the property. Additional coverage can usually be availed at an extra payment through personal excess policies and scheduled personal property policies.
Since Freeway does not underwrite its policies directly, it does not have a set average rate. Instead, customers are linked to other insurers in the company’s network who offer different coverage options and costs; in the end the pricing of homeowners insurance policies is based on a great number of factors including one’s location, age, condition of the house and its contents and the selections of deductibles and discounts available.
Always shop around before you make a purchase, so as to compare different quotes and take into account the financial strength ratings and the claims history of the insurer, and other reviews or complaints made to their state regulators.
Renters Insurance
The renter’s insurance is an important insurance to have as it provides coverage for personal property and liability while living in condominiums, apartments, and rental houses. Similar to homeowner policies, the cost of renters policies depend on your specific policy as well as what the insurance company considers a risk factor. A few common examples are credit history, loss history, property’s age, and appliances’ age. Additionally, there are pets, smoke detectors, dead bolts, security systems, valuables, and policy’s actual cash value.
With good renter’s insurance coverage, there is liability protection that allows you to get sued for bodily injuries sustained by a third party as a result of your, or your family members’, or your pet’s, negligence. It may also provide coverage for no-fault medical payments in which the injured person within your home can submit bills directly to their insurer without the need to file a lawsuit to get reimbursed.
Renters insurance policies typically do not cover losses from floods, earthquakes, and other specified causes; these perils would have to be purchased separately. Do keep in mind, a renters insurance cover does a good job at general protection for your possessions. A most homeowners insurance provider asks a couple of questions so simple that checking the risk factor against fire and burglar alarms, sprinkler systems, or even pets can earn you great discounts.
Auto Insurance
Auto drivers looking for affordable coverage can turn to Freeway Insurance which, as their name suggests, functions as an insurance broker. Their services span to even the most high risk drivers and they claim that having a poor driving record or low credit scores is not an issue as they provide coverage for all, as well as SR-22 filings.
In addition to rest of the services, Freeway Insurance extends their services on all 50 states, allowing insurance of different car types. This includes the basic dwelling and personal property coverages such as windshields and dent repair and even the more sophisticated telehealth insurance for communication with healthcare services. Also, specialized protective policies tailored for use in Mexico are offered.
Based on the Bankrate review on Freeway Insurance, the policies provided are relatively cheap, but you should think about the policy and how much the broker would charge before using the service. Check the financial strength ratings in addition to the reviews because this will affect how fast the claim is paid. In the end, choose a reliable provider.
Life Insurance
Freeway Insurance runs nationally and focuses on acquiring cheap auto and home insurance for people with high risk profiles. The company does not issue policies on their own, instead they operate with a large network of insurers to compare quotes and provide solutions.
Aflac provides basic homeowner and auto policies, but also includes telehealth and roadside services. In addition, Aflac works with TaxMax to provide tax services to their clients.
The editorial staff of Bankrate researched if Freeway Insurance is a good option for people looking for cheap car insurance. They reviewed the experience data from the National Association of Insurance Commissioners, state regulator complaint records, as well as ratings from independent agencies about financial strength.
Since Freeway does not directly underwrite its policies, average rates for this company are unavailable. Most insurers in its lineup, however, seem to enjoy strong financial strength ratings and have few complaints with state regulators. Because expenses can vary from one provider to the other, always get at least three quotes from different companies before you make a decision. We have prepared an interactive tool that compares home and auto insurers with the best ratings for financial strength and lowest prices. It helps pinpoint the best options for your needs and budget in no time.
