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Had greater than the median variety of complaints to state regulators for auto insurance coverage in 2018, relative to its dimension.Mother or father firm has an A+ (Robust) monetary energy ranking from Fitch Scores.Small insurer with on-line focus accessible in six states.
Elephant Insurance coverage is a small firm, presently accessible in six states: Illinois, Indiana, Maryland, Tennessee, Texas and Virginia. Based in 2009, Elephant solely writes auto insurance coverage insurance policies. Nonetheless, it sells different forms of insurance coverage, equivalent to householders and renters, from different corporations and gives a bundling low cost in some states. Elephant sells insurance policies on to shoppers, so the corporate is greatest for individuals who favor an all-online expertise.
Elephant Insurance coverage evaluation particulars
Elephant auto insurance coverage protection choices
Elephant gives typical non-compulsory automobile insurance coverage protection sorts, together with complete, collision, roadside help and rental reimbursement protection. It additionally gives:
Authorized help protection: For as little as $5 per thirty days, policyholders can add this protection, which pays for authorized charges related to site visitors prices, property planning, household legislation and extra.
Diminishing deductible is an additional choice solely accessible you probably have collision protection, and it should be bought with the preliminary coverage or at renewal — not mid-contract. Whenever you join, Elephant takes $100 off your collision deductible instantly and one other $100 every year you’re accident-free afterward, as much as $500. Ought to you might have a wreck, the collision deductible received’t reset — it’ll keep the identical for a yr after which proceed to lower as you keep accident-free.
Elephant’s auto insurance coverage reductions
Reductions from Elephant, similar to another firm, fluctuate by location and protection kind. You will get a most of 40% off your premium with any mixture of Elephant’s reductions, together with:
Multi-car low cost — as much as 40%.
Security options low cost.
On-line quote low cost — 15%.
Low cost for proudly owning a house.
Multi-policy (bundling) low cost — as much as 9%.
Accountable driver low cost — as much as 10%.
Paid in full low cost — as much as 13.5%.
Good scholar low cost — as much as 12%.
Different insurance coverage from Elephant
Elephant writes its personal auto insurance coverage insurance policies, however in-house brokers can get you different forms of insurance policies, too, together with:
Renters insurance coverage.
House insurance coverage.
Life insurance coverage.
Motorbike insurance coverage.
Extra about Elephant Insurance coverage
Customer support and scores: Elephant Insurance coverage is a child by market requirements — some bigger corporations have been round 100 years or extra. Being new to the market means the customer support scores we usually seek the advice of aren’t accessible for Elephant, nor are monetary energy scores from A.M. Greatest.
Nonetheless, we are able to let you know that Elephant Insurance coverage:
Had extra complaints to state regulators than the median in 2018, relative to its dimension, in line with the Nationwide Affiliation of Insurance coverage Commissioners.
Has a “Robust” (A+) monetary ranking from Fitch, an organization that evaluates monetary energy in the UK, the place Elephant’s dad or mum firm Admiral Group is headquartered. This ranking signifies the corporate has a powerful capability to pay claims, in line with Fitch.
Web site: Elephant’s web site has all the traditional options you’d anticipate, and a rep for the corporate says its web site is mobile-friendly and most prospects use the web site on their telephones. You possibly can pay payments, request ID playing cards, get a quote, file a declare, add declare images and extra.
Elephant presently doesn’t have a cell app.