Introduction
Insurance is vital, be it big or small. What we ought to put into consideration is the fact that insurance is vital and that we should always strive to live by it. Imagine yourself when your motor breaks down when you completely have no idea on how to go about the situation. Or let us say, you are an employer and your employee gets an accident during work. Compare the cost incurred when there is no insurance and when there is insurance. There is a big difference and this is why, insurance is always stressed on.
About Big Insurance
Embarking on big insurance, perhaps here we should focus specifically on the big insurance companies that offer a diversified insurance on several products. Taking a look at the American international group, a well known global insurance company in the United States of America, it I s sais that the company took a large hit during the reign of credit crisis. But, one thing that perhaps could be noted with these big insurance companies is the fact that these companies take relatively long time before noticing the loss that would have occurred.
The other big insurance that we are going to look at is the likes of progressive insurance company. It is said to be the largest auto insurance company in the whole of the United States of America. It is therefore involved with products such as motor cycle, water crafts, show mobile and also home commercial auto vehicle. In the essence, the company gives its customers an online experience, which on the other hand says something about its advanced employment of technology.
The other company to look at is the NA financial corporation. It can also be termed as the property and casualty insurance provider. It is therefore involved in the standard and access property coverage. Standard and access property coverage involves marine coverage, workers compensation, general and the product liability. The others include; commercial auto coverage and lastly, umbrella coverage.
Also
Allstate Corporation is the other company. Just from the word all, we can be in a position to say something about the diversified forms of duties that this particular company engages in. in the essence, it does offer a wider range of insurance products. These products therefore range from: personal property, casualty, auto, boat and also home owners insurance. It is therefore a quite reliable insurance as it cuts across almost all insurance products offered.
Still
The other company, which perhaps will be the last in this category, not on the basis of the performance but basically in terms of numbering is the travelers company inc. this is a company that perhaps we can say, it gives hope to the travelers. Its products hence ranges from, commercial and property, and casualty insurance products. Its services can be divided into three segments: where we find, business, personal and financial services. It therefore follows that, the travelers’ insurance company offers general liability, commercial auto and workers compensation. This is done to a wide range of business.
