In addition to food, household goods, and electronics, Costco has partnered with different companies to offer a variety of services to its members at a discount including gutter protection, flooring, garage doors, bank accounts, car buying, home insurance, and car insurance.
2. Costco is a large membership
warehouse–style store chain. It has
grown from a single store in Seattle to
one of the world's largest retailers with
locations in nearly every U.S. state and
currently in seven foreign countries:
Mexico, Canada, United Kingdom,
Australia, Taiwan, South Korea, and
Japan.
3. In addition to food, household goods,
and electronics, Costco has partnered
with different companies to offer a
variety of services to its members at a
discount including gutter protection,
flooring, garage doors, bank accounts,
car buying, home insurance, and car
insurance.
4. Insurance For Members
The Costco auto insurance program is
offered through Ameriprise Auto & Home
Insurance.
Costco advertises that with its insurance,
members reported saving hundreds of
dollars on their Costco car insurance
policies compared to rates from large
insurers such as Farmers, Allstate, Geico,
and State Farm.
5. IDS Property Casualty Insurance
Company and Ameriprise Insurance
Company underwrite Costco's auto
insurance. Both companies are
subsidiaries of Ameriprise Financial, Inc.
6. Costco advertises that by purchasing
insurance through their program,
members get discounted rates,
responsive claims service 24 hours a day
7 days per week, vehicle repairs made at
the facility of their choice, and discounts
for safe driving, insuring multiple
vehicles, and having multiple polices
such as a homeowners and auto policy.
7. How Low Are Their Rates?
Car insurance rates are based on a
variety of factors including the driver's
record, place of residence, and type of
car insured. Is the Costco auto insurance
program really less expensive and worth
buying? That is easy to find out. Use
bestcarinsurancecompanies.net to get a
free online car insurance quote from
multiple leading insurers and then
compare their rates to Costco's program.
8. Price is not the only factor to consider
when purchasing car insurance.
Responsive customer service, quick
claims processing, and policy coverage
options are all important for an insured.
Ameriprise is not as large as major
insurers such as State Farm, Geico,
Allstate, Progressive, and Farmers.
9. The company has received mixed reviews
in terms of service but many report price
savings.
Also, the Costco auto insurance program
is presently not available in the states of
Alaska, Louisiana, Maine, North Dakota,
Rhode Island, West Virginia, Wyoming,
and in Puerto Rico.
10. Compare and Save
If you do not already have one, a Costco
"Gold Star" membership currently costs
$55 annually. An "Executive"
membership costs $110 annually and
provides additional benefits.
11. These costs should be taken into account
if you do not plan to use a Costco
membership for other products or
services. Compare Costco's rates to our
leading national insurers and choose the
policy that is best for you and your
family. You could be on your way to
saving hundreds of dollars a year on car
insurance!
Read the full Costco Car Insurance
Review here:
http://www.bestcarinsurancecompanies.net
