First Investors Insurance Review & Ratings (2024)

Looking for reliable and affordable insurance coverage? Read our comprehensive First Investors Insurance review, ratings, and comparisons. Discover the company's history, mission, and the range of coverage options they offer. We'll provide insights into their competitive pricing, available discounts, and customer reviews.

UPDATED: Nov 22, 2023Fact Checked

Laura D. Adams

Insurance & Finance Analyst

Laura Adams is one of the nation’s leading finance, insurance, and small business authorities. As an award-winning author, spokesperson, and host of the top-rated Money Girl podcast since 2008, millions of readers and listeners benefit from her practical advice. Her mission is to empower consumers to live healthy and rich lives by planning for the future and making smart money decisions. She rec...

Insurance & Finance Analyst

Brandon Frady

Licensed Insurance Agent

Brandon Frady has been a licensed insurance agent and insurance office manager since 2018. He has experience in ventures from retail to finance, working positions from cashier to management, but it wasn’t until Brandon started working in the insurance industry that he truly felt at home in his career. In his day-to-day interactions, he aims to live out his business philosophy in how he treats hi...

Licensed Insurance Agent

UPDATED: Nov 22, 2023

Advertiser Disclosure

It’s all about you. We want to help you make the right coverage choices.

Advertiser Disclosure: We strive to help you make confident insurance decisions. Comparison shopping should be easy. We are not affiliated with any one insurance company and cannot guarantee quotes from any single insurance company.

Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different insurance companies please enter your ZIP code above to use the free quote tool. The more quotes you compare, the more chances to save.

Editorial Guidelines: We are a free online resource for anyone interested in learning more about insurance. Our goal is to be an objective, third-party resource for everything insurance related. We update our site regularly, and all content is reviewed by insurance experts.

UPDATED: Nov 22, 2023

Advertiser Disclosure

It’s all about you. We want to help you make the right coverage choices.

Advertiser Disclosure: We strive to help you make confident insurance decisions. Comparison shopping should be easy. We are not affiliated with any one insurance company and cannot guarantee quotes from any single insurance company.

Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different insurance companies please enter your ZIP code above to use the free quote tool. The more quotes you compare, the more chances to save.

UPDATED: Nov 22, 2023Fact Checked
no image available

Free Car Insurance Comparison

Compare Quotes From Top Companies and Save

secured lock Secured with SHA-256 Encryption

First Investors Insurance

Average monthly rate for good drivers:

N/A

A.M. Best rating:

A

Complaint level:

Low

Pros

  • Affordable insurance policies with customizable coverage options
  • Multiple available discounts to save on premiums
  • Extensive history and experience in the insurance industry
  • Strong focus on customer service and claims handling

Cons

  • Limited availability in select states
  • Mixed customer reviews, both positive and negative
  • Some reported issues with customer service responsiveness
  • Complaints about billing and claims denial in certain cases

Final Verdict: Review of First Investors Insurance

The article offers an in-depth exploration of First Investors Insurance, covering its extensive history, diverse insurance products, competitive pricing, available discounts, and customer reviews. Founded in 1930 as a finance company before expanding into the insurance industry in 1962, First Investors Insurance has evolved into a national provider of auto, home, and other insurance types.

Known for its customizable coverage options, affordability, and emphasis on excellent customer service, the company caters to a broad spectrum of drivers and homeowners.

The article highlights the company’s mission to provide quality insurance while detailing its product offerings, cost-effectiveness, discounts available, and digital features, presenting an overall comprehensive view of First Investors Insurance.

Customer feedback, both positive and negative, is included, offering a balanced perspective to potential consumers looking to evaluate the company’s services.

What You Should Know About First Investors Insurance

Welcome to our comprehensive guide on First Investors Insurance. In this article, we will delve into the details of First Investors Insurance, including its coverage options, pricing, customer reviews, and more. Whether you’re looking for auto, home, or other types of insurance, we’ve got you covered. We aim to help you make an informed decision by providing valuable insights and comparisons. First Investors Insurance has to offer:

  • Affordable car insurance policies with customizable coverage options
  • Multiple discounts available to help drivers save money on their premiums
  • Excellent customer service and claims handling

Don’t miss out on the opportunity to find the best rates for your insurance needs. Enter your zip code now and compare rates from top insurance providers in your area. Get the coverage you deserve at the most competitive prices.

First Investors Insurance Coverage Options

First Investors Insurance offers a comprehensive range of coverage options designed to meet the diverse needs of its customers:

  • Liability Coverage: Protects against bodily injury and property damage liability if you’re at fault in an accident.
  • Collision Coverage: Covers the cost of repairs or replacement of your vehicle following a collision, regardless of fault.
  • Comprehensive Coverage: Shields against non-collision incidents, such as theft, vandalism, fire, or natural disasters.
  • Uninsured/Underinsured Motorist Coverage: Provides coverage if you’re in an accident caused by a driver with insufficient or no insurance.
  • Roadside Assistance: Offers assistance for emergencies like towing, flat tires, or breakdowns.
  • Rental Reimbursement: Covers the cost of a rental car if your vehicle is in the shop after an accident.
  • Personal Injury Protection: Assists in covering medical expenses for you and your passengers in an accident.

These coverage options allow policyholders to tailor their insurance plans according to their specific needs and circumstances, ensuring a comprehensive and personalized level of protection.

Compare The Best Insurance Quotes In The Country

Compare quotes from the top insurance companies and save!

secured lock Secured with SHA-256 Encryption

First Investors Insurance Discounts Available

First Investors Insurance offers various discounts to help policyholders save on their insurance premiums:

  • Safe Driver Discount: Available for drivers with a clean driving record, free from accidents or violations within a specific period.
  • Multi-Car Discount: Eligible to customers insuring multiple vehicles with First Investors Insurance, leading to reduced premiums.
  • Bundling Discount: Offers savings when combining multiple policies, such as auto and home insurance, with the same provider.
  • Student Discount: Provides discounts for full-time students with good academic performance.
  • Military Discount: Available for active duty or retired military members and their families.
  • Senior Citizen Discount: Offers savings for policyholders above a certain age threshold.

These discounts enable customers to benefit from cost-effective insurance coverage by reducing their premiums based on various eligibility criteria and circumstances.

How First Investors Insurance Ranks Among Providers

In the competitive landscape of insurance, First Investors Insurance faces several noteworthy competitors offering similar services. Understanding the market competition helps customers make informed choices based on various offerings.

  • State Farm: A prominent insurance provider offering a wide range of insurance products, including auto, home, and life insurance, known for its extensive agent network and diverse coverage options.
  • Allstate: Well-known for personalized service and a range of insurance products, including auto, home, and life insurance, along with various discount opportunities.
  • Geico: Recognized for competitive pricing and user-friendly online tools, offering auto, home, and renters insurance with a strong emphasis on customer satisfaction.
  • Progressive: Noted for innovative insurance options, such as usage-based insurance and a variety of discounts, specializing in auto insurance but also offering other coverages.
  • Farmers Insurance: Offers auto, home, life, and business insurance with an emphasis on personalized service through local agents and a wide range of coverage options.

While First Investors Insurance has its unique offerings and customer base, these competitors stand as formidable options in the insurance market, providing various coverage options and customer-centric services, compelling customers to weigh their options carefully before making their insurance decisions.

Frequently Asked Questions

What is First Investors Insurance?

First Investors Insurance is a subsidiary of First Investors Corporation, a financial services company that offers insurance and investment products. First Investors Insurance provides a range of insurance products, including life insurance, disability insurance, and long-term care insurance.

Is First Investors Insurance a reputable company?

First Investors Insurance has an A+ rating from the Better Business Bureau (BBB) and has been accredited by the BBB since 1990. It has also been rated as “Excellent” by A.M. Best, a leading credit rating agency that specializes in the insurance industry.

What types of life insurance policies does First Investors Insurance offer?

First Investors Insurance offers term life insurance, whole life insurance, and universal life insurance. Term life insurance provides coverage for a set period of time, while whole life insurance provides coverage for the policyholder’s entire life. Universal life insurance provides flexible premiums and a cash value component.

Can I get a quote from First Investors Insurance online?

Yes, you can request a quote from First Investors Insurance on their website. You will need to provide some basic information about yourself and your insurance needs in order to receive a quote.

How do I file a claim with First Investors Insurance?

To file a claim with First Investors Insurance, you can contact their claims department by phone or email. The claims department will provide you with the necessary forms and instructions for filing a claim.

Does First Investors Insurance offer any discounts on their policies?

First Investors Insurance does offer discounts on some of their policies. For example, they offer a multi-policy discount if you have multiple policies with them. They also offer a good health discount if you meet certain health criteria.

Compare The Best Insurance Quotes In The Country

Compare quotes from the top insurance companies and save!

secured lock Secured with SHA-256 Encryption

Laura D. Adams

Insurance & Finance Analyst

Laura Adams is one of the nation’s leading finance, insurance, and small business authorities. As an award-winning author, spokesperson, and host of the top-rated Money Girl podcast since 2008, millions of readers and listeners benefit from her practical advice. Her mission is to empower consumers to live healthy and rich lives by planning for the future and making smart money decisions. She rec...

Insurance & Finance Analyst

Brandon Frady

Licensed Insurance Agent

Brandon Frady has been a licensed insurance agent and insurance office manager since 2018. He has experience in ventures from retail to finance, working positions from cashier to management, but it wasn’t until Brandon started working in the insurance industry that he truly felt at home in his career. In his day-to-day interactions, he aims to live out his business philosophy in how he treats hi...

Licensed Insurance Agent

Editorial Guidelines: We are a free online resource for anyone interested in learning more about insurance. Our goal is to be an objective, third-party resource for everything insurance related. We update our site regularly, and all content is reviewed by insurance experts.

Free Insurance Comparison

Compare quotes from the top insurance companies and save!

secured lock Secured with SHA-256 Encryption