Safeco Insurance, a member of Liberty Mutual Group, offers car and home insurance in 46 states across the U.S. Founded in 1923, the company started out as the General Insurance Company of America before becoming the Selective Auto and Fire Insurance Company of America, or SAFECO, in the 1960s. Acquired by Liberty Mutual Insurance in 2008, Safeco has built its brand by offering a mix of coverage options at competitive prices.
In the article below, Part 1 talks about the difference between Safeco and other insurance companies, Part 2 lists the standard insurance coverage offered by the company, Part 3 describes some of the optional coverage, Part 4 discusses the discounts the company has for customers to take advantage of, Part 5 lists the states where you can find Safeco Insurance, Part 6 details the Safeco Mobile App, and Part 7 reveals the ratings for the company from the Better Business Bureau (BBB) and A.M. Best.
Part 1 of 7: Safeco Insurance key differentiators compared to other insurance companies
Safeco is known for its many coverage options and its dedication to customers. Like its parent company, Liberty Mutual Insurance, Safeco offers a New Vehicle Replacement program to its policyholders. With this coverage, Safeco replaces a brand new car that is less than one year old and has fewer than 15,000 miles with a same model year car if your car is totaled. In addition, depending on the state, Safeco also offers other coverage options, such as Diminishing Deductible, Accident Forgiveness, and pet coverage.
Part 2 of 7: Types of car and home insurance provided by Safeco Insurance
Safeco Insurance has the standard array of basic insurance coverage for your car and home. The sections below talk about the standard insurance for each category.
Car insurance types: When it comes to car insurance, Safeco offers the normal selection of liability and other insurance, including:
Bodily injury liability insurance
- Property damage liability insurance
- Collision insurance
- Comprehensive insurance
- Medical payments coverage
- Personal injury protection coverage
- Uninsured motorist coverage
Underinsured motorist coverage
Home insurance types: Safeco also has the more common home insurance available, such as:
Main dwelling coverage
- Other structures coverage
- Personal belongings coverage
- Liability coverage
- Additional living expenses coverage
Part 3 of 7: Coverage options provided by Safeco Insurance
In addition to the standard insurance listed above, Safeco has a whole slew of car and home coverage options. The section below gives more details on these options.
Car insurance coverage options: Car insurance coverage options from Safeco include:
- Emergency assistance package
- Loan and lease coverage
- Electronic key and lock replacement
- CD and DVD replacement
- New car replacement
- Audio-visual custom equipment coverage
- Pet coverage
Personal property coverage
Home insurance coverage options: Home insurance coverage options include:
Identity theft protection
- Valuable articles coverage
- Equipment breakdown coverage
- Personal property replacement cost protection
- Single loss deductible
- Flood insurance
- Earthquake insurance
Part 4 of 7: Discounts you can get through Safeco Insurance
Discounts from Safeco Insurance provide a way for customers to save even more on their premiums. You can find a list of the available discounts for car and home insurance below.
Car insurance discounts: Car insurance discounts from Safeco range from the Safeco Package to the pay-in-full discount. A complete list of possible car insurance discounts include:
Safeco Package (car and home bundling)
- Safe driver discount
- Defensive driving discount
- Teen Safety Rewards
- Low-mileage discount
- Multi-car discount
- Anti-theft discount
- Anti-lock brakes discount
- Homeowner discount
Home insurance discounts: Safeco also offers a selection of home insurance discounts, such as:
- Multi-policy discount
- Newer home discount
- Pay-in-full discount
Part 5 of 7: States in which you can find Safeco Insurance
Safeco operates in 46 states across the U.S., including the District of Columbia. To find an agent in your area, visit https://insurance-agent.safeco.com/find-an-insurance-agency/app/. The states that Safeco operates in include:
- District of Columbia
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Rhode Island
- South Carolina
- South Dakota
- West Virginia
Part 6 of 7: Available Safeco Insurance apps
In addition to the high level of service from the company’s agents, you can use the Safeco Mobile App to take care of many of your insurance needs. The Safeco Mobile App allows you to pay your bill, report an accident, and check the status of a claim. You can also call roadside assistance, report a home or other non-auto claim, and talk to an agent with just a tap.
Part 7 of 7: BBB and A.M. Best ratings for Safeco Insurance
Two sites, the BBB and A.M. Best, can give you a better outlook on Safeco Insurance. The BBB rating represents a good indicator of the overall relationship the company has with its customers and dealing with complaints. A.M. Best rates insurance companies according to financial stability, letting consumers know if the company is a good investment for their money or not.
BBB rating: Safeco Insurance currently does not have a rating with the BBB. This doesn’t mean the company does not respond to customer complaints, only that the company currently is not rated with the BBB. To get a better idea of Safeco’s relationship with its customer base, check out various online rating sites, such as Yelp!, to get a good idea about Safeco Insurance offices in your area.
A.M. Best rating: Safeco has an A rating from A.M. Best, signaling a good financial outlook for the company.
A part of the Liberty Mutual family, Safeco provides many of the same coverage options as its parent company, including Accident Forgiveness and New Car Replacement. Safeco has been bringing a variety of coverage options, affordable prices, and personalized service to its customers for more than 90 years and looks to continue doing the same for the foreseeable future.