Titan Auto Insurance

History of Titan Auto Insurance

It was during the year 1991 when Titan Auto Insurance began. During that time, it was focused only on providing insurance for automobiles. Their services include providing private passenger vehicles cost-efficient insurance plans. They pay less regard to a driverÕs insurance records and driving history. The extra features of Titan auto insurance include the following:

•  low down payments
• uncomplicated installment payments
• highly-competitive and desirable insurance rates
• user-friendly billing service
• outstanding customer support service
• immediate coverage
• quick response to filed complaints
• generous policy discounts

Today, Titan Auto Insurance, or simply Titan, has its services in ten US states namely, California, Arizona, Georgia, Ohio, Colorado, Texas, New Mexico, Indiana, Pennsylvania and Florida. They also have direct stores in these states, apart from the online services they provide. The stores and customer support services help prospects and clients in English and Spanish. Titan Auto Insurance also has partnership with the insurance company All State Insurance that stayed focused on the automobile area.

Over the years since its first policy in the early 90s, Titan has continued to grow and has now developed to become one of the United StatesÕ top 10 non-standard car insurance companies. Its achievement caught the interest of a leading national insurer Nationwide Insurance, who bought it in August 2003 and added it to the family of companies of Nationwide Mutual Insurance.

Buying Titan Auto Insurance

When searching for information regarding Titan auto insurance, there are some things you have to consider so that you can get the best deal and you do not end up paying a lot more for the things that you do not need.

First, you get to choose what types of coverage to take up for your car. By law, liability coverage is required for all drivers in all states. Going for this minimal coverage is not exactly bad, but a limited coverage is the only thing you will get. Normally, liability coverage will cover damages to other people or properties involved but you and your car will not get coverage. This is why taking up comprehensive and collision car insurance is advisable so that you and your car can also have protection. Comprehensive car insurance will cover damages that resulted from theft, vandalism, and natural disasters such as fire, earthquakes, typhoons, floods, and such. Collision car insurance, on the other hand, will cover all damages in the event of an accident whether you are at fault or not. Comprehensive and collision car insurance can normally be adjoined to your plan individually.

One way of getting good car insurance rates is maintaining a good credit record. Although this may seem immaterial, most companies will refuse to give you a good insurance rate, if you would be approved in the first place, if you have bad credit since bad credit holders tend to have more claims. Therefore, a good credit rating will make things a lot easier for you.

Titan Auto Insurance for High-Risk Drivers

Titan Auto Insurance accommodates high-risk drivers in particular. The top insurance companies and the standard one would not even deliberate insuring most of TitanÕs clients. Titan specializes in providing insurance to drivers who fall in at least one of the following categories:

• drivers who have failed insurance coverage
• drivers who have no prior insurance
• drivers whose driving histories involved car accidents, violations such as speeding, driving under the influence (DUI), driving while intoxicated (DWI), etc.
• drivers who have bad credit ratings
• drivers who have little or no experience in driving
• drivers who have international drivers license
• drivers who need an SR-22 insurance to redeem their revoked or suspended license
• drivers who have at least guilty pleas, nolo contedere pleas and/or convictions for hit-and-run driving, moving violations, reckless operation of vehicle, or other similar offenses.

Coverage for Commercial Vehicles

Titan underwrites insurance for commercial vehicles through independent agents/. Its insurance policies are designed specifically to accommodate the needs of mono-line “hard to place” risks of commercial vehicles. It provides liability limits of a maximum of one million dollars Combined Single Limit (CSL). It also provides a proof of insurance (SR-22 insurance) of needed, as well as a Form E. Moreover, it has no restrictions on gross vehicle weight. The commercial insurance policy of Titan is offered only in Florida, Michigan, Texas, Indiana and California.

Coverage for Passenger Vehicles

In addition to commercial vehicle coverage, Titan guarantees car insurance for private passenger vehicles through Titan Indemnity Company. In fact, Titan was given the rating of A+ for financial strength by A.M. Best. A+ is the superior rating. A.M. Best is a rating corporation that analyzes the financial stability of an insurance company and its ability to reimburse claims for all its policyholders.