If you’re looking for a cheap insurance company that offers excellent coverage options and a great customer service team, you may want to consider Hanover. This company has an A+ rating with the Better Business Bureau, and J.D. Power gives it two stars in North-Central and New England for customer service satisfaction. But there are some concerns about the company, including its high prices and patchy customer service. So we’ve gathered several Hanover insurance reviews to help you make an informed decision.
Customer service
The Hanover Insurance Group is a publicly traded company in Worcester, Massachusetts. The company was founded in 1852 and has remained a publicly traded company. The company focuses on providing insurance and financial products to individuals and businesses. In addition, it has consistently maintained a strong focus on customer service throughout the years.
If you need to contact Hanover Insurance about a policy issue, the company’s customer service is always ready to help you. The company provides customer service through different channels, including phone calls, emails, and website inquiries. The company also encourages you to post your questions and comments in the comment section of its website.
The Hanover Insurance Group offers auto insurance to residents of 28 states and Washington D.C. While this insurance company does not offer online quotes, it offers standard auto insurance coverage and other helpful perks such as roadside assistance and new car replacement. It also provides Original Equipment Replacement coverage, which can cover the cost of replacing your vehicle if it is totaled in an accident.
Price
Price of Hanover Insurance is an insurance company headquartered in Worcester, Massachusetts. It was founded in 1852 and is a publicly-traded company. The company offers a variety of insurance policies to a wide range of customers. The company is known for its high-quality customer service and affordable rates.
The company is a holding company and provides property and casualty insurance. Its operations are divided into three segments: Commercial, Personal, and Others. Its investment portfolio consists primarily of fixed-income securities. The company’s current price-earnings ratio (P/E) is 9.9. Analysts expect the company to earn $7.79 per share this fiscal year.
The price of Hanover Insurance is determined by several factors, including the company’s profitability, market volatility, solvency, and liquidity. In addition to the price, it is essential to look at the company’s growth potential and financial leverage. Using these factors, you can determine whether Hanover Insurance is a good investment.
Discounts
Hanover offers its customers many auto insurance discounts, including discounts for safe driving and multiple cars. They also offer telematics device discounts. These can save you up to 30%. The company also offers a paid-in-full discount, which saves you money by paying the entire premium in advance. You can also qualify for an accident prevention course discount if you’ve completed an approved defensive driving course. The company also offers a good student discount if you maintain a “B” average.
Hanover also offers discounts at 250+ retail locations. All employees are eligible to join the program. It’s free to register, and it’s easy to do. Employees can register for a lifetime. If you’d like to get notifications about discounts, you can use your alternate email.
Quality of coverage
When it comes to car insurance, Hanover is an affordable option that offers quality coverage and excellent customer service. The Better Business Bureau accredited the company and offered coverage in 28 states. The company’s website includes basic policy information and payment options, and it even lets you find an auto repair shop near you. However, it doesn’t offer the ability to purchase a policy online. However, you can find a local independent agent who can help you with your coverage needs.
Another benefit of using an independent insurance agent is the opportunity to find a discount. Hanover Insurance Group’s property and casualty companies have been tested in Consumer Reports’ car insurance lab. These tests examine the quality of coverage and multiple criteria.
Safety features
If you’re looking for an insurance company focused on your vehicle’s safety features, you’ll want to consider Hanover Insurance. The company was founded in 1852 and had offices throughout the country. The company has a reputation for providing high-quality service and excellent customer service. In addition to its extensive line of products, Hanover offers premium pre-packaged insurance packages, such as its Platinum and Prestige bundles.
Hanover Insurance has several discount programs that can save you money on your coverage. For instance, installing a telematics device in your car could qualify for a discounted insurance plan. This type of device works by recording your driving habits. The company also offers general policy insurance discounts, which can save you money while maintaining the same coverage level.