Titan Insurance is a subsidiary of Nationwide Insurance, and was founded in 1991 and is headquartered in Troy, Michigan.
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Titan Insurance Review
About Titan Insurance
Nationwide, the parent company has been in business since 1926; that’s 95 years!!!
Titan insurance advertised auto insurance rates on its website $1 a day which was very intriguing. That policy was a non-standard auto carrier for both personal and commercial auto insurance policies.
Titan insurance company was literary designed for high-risk drivers such as teenage drivers, drivers with a lapse in coverage, drivers who have been involved in an at-fault auto accident, drivers who have a high number of driving offenses like DUI and DWI, drivers who need to file an SR-22 financial responsibility document with their state.
Titan is an auto insurer that used to offer coverage for high-risk drivers, but unfortunately, this insurance provider no longer sells policies to customers. However, Titan insurance is still a part of the parent company, and you can still purchase coverage through Nationwide.
If you are looking for an excellent high-risk insurance policy, we recommend you to check State Farm and GEICO; they offer some of the lowest rates for high-risk drivers, among other insurers.
What does “a high-risk driver” mean?
High-risk drivers can include those who are inexperienced, those who have tickets, at-fault accidents, DUI/DWI convictions, or lapses in coverage.
If you have any of the mentioned situations, be sure that it already has gone into your driving records, and no matter what, high-risk drivers still are required to carry insurance.
Falling under the high-risk driver category means you have to pay a higher car insurance premium. As for how high, we can’t say.
The amount of money you’d pay for car insurance will be determined by your insurance provider based on the amount of risk you present to be.
Usually, car insurance companies don’t insure high-risk drivers, but Titan insurance used to specialize in high-risk insurance policies.
Titan’s auto insurance policies
Titan insurance company provides auto insurance:
- Over the phone.
- Through a local presence.
- Through quotes on its website.
Titan insurance is represented in 23 states by a network of local agents from companies such as Nationwide, Answer Financial, and other independent agencies.
Titan has non-standard auto insurance, which is basically the same as car insurance for high-risk drivers.
Titan’s coverages
Titan Insurance offers several insurance solutions, which include:
- Life insurance
- Auto insurance
- Home insurance
- Condo insurance
- Renters insurance
- Contractor insurance
- Cyber liability insurance
- High net worth insurance
- Condo building insurance
- Business owners insurance
- Property manager insurance
- Real estate investor insurance
- Professional services insurance
- Commercial property insurance
- Commercial umbrella insurance
- Workers’ compensation insurance
- Errors & omissions liability insurance
- Employment practices liability insurance
In which states are Titan Insurance active?
Titan underwrites auto insurance in nearly half of the states across the US. The states Titan covers are:
- Alabama
- Arizona
- California
- Colorado
- Delaware
- Florida
- Georgia
- Illinois
- Indiana
- Iowa
- Maryland
- Mississippi
- Nevada
- New Mexico
- North Carolina
- Ohio
- Pennsylvania
- South Carolina
- Tennessee
- Texas
- Virginia
- Washington
- West Virginia
What discounts does Titan Insurance offer?
Safe Driver Discount:
Policyholders who have not been in an accident or had any traffic violations within a set number of years qualify for this discount.
Multi-Car Discount:
If you insure more than one vehicle through a single carrier, you will get this discount.
High Deductible Discount:
Customers who increase the deductible amount on their policies will get this discount.
Paid-In-Full Discount:
Policyholders who pay their entire year’s premium upfront instead of monthly increments will receive this discount.
Safety Features Discount:
This discount is for people whose vehicles are equipped with anti-theft devices, such as car alarms.
Titan Insurance Pros & Cons
Now that we are done with the introductions, let’s see what advantage and disadvantages does Titan insurance have. This part can be super useful because you can get a general idea about what you are going to read or deal with.
Pros:
- Titan insurance offers a wide variety of coverages for different insurance needs.
- Titan Insurance has high ratings through A.M. Best and the BBB, and according to them, Titan has good customer feedback and strong financial stability.
- This company also has online claims reporting.
Cons:
- Titan insurance offers coverage in only one state.
- The claims process is not detailed on the official website.
- Titan Insurance does not have 24/7 claims reporting via phone.
Allstate Car Insurance Reviews
Titan insurance Financial Stability Ratings and Customer Service
As part of the Nationwide family, Titan Insurance has a solid Financial Strength. Don’t believe us? Please let me prove it:
- A.M. Best rates Nationwide Insurance with an “A+ Excellent” rating.
- The Moody’s rating is “A1.”
- The S&P rating is “A+.”
- Better Business Bureau rated Nationwide Insurance an “A.”
As you can see, all four insurance rating organizations (which are very trustable) gave Nationwide Insurance a stable outlook.
Insure.com gave Titan Insurance itself an overall Customer Satisfaction Rating of 88 out of 100. Here we can see how it was calculated:
- Claims Processing: 4.5 out of 5-star rating
- Customer Service: 4.25 out of 5-star rating
- Value for Price: 4.5 out of 5-star rating
Taking a look at the people’s reviews revealed that:
- 89% of customers would recommend Titan Insurance to a friend.
- 23% of customers purchased a Titan auto policy because the insurer offered the best price
- 90% of current policyholders plan to renew their auto policy.
