A.M. Best: AMarket Share: 5.8%Founded 1912 | Boston, MA
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Liberty Mutual is a large diversified insurer offering personal and commercial coverage. They are known for unique coverage options like new car replacement and better car replacement.
Average Liberty Mutual Insurance Rates
Auto Insurance
$1,920/yr
Home Insurance
$1,950/yr
Liberty Mutual Pros and Cons
Pros
+ New car replacement coverage
+ Accident forgiveness available
+ Strong commercial insurance
+ Good for unique coverage needs
Cons
- Higher than average rates
- Below-average claims satisfaction
- Complex pricing structure
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Insurance Products Offered
Liberty Mutual offers coverage in: Auto, Home, Life, Commercial.
Company Overview
Founded: 1912
Headquarters: Boston, MA
A.M. Best Rating: A
Market Share: 5.8%
Frequently Asked Questions
Is Liberty Mutual a good insurance company?
Liberty Mutual has an A.M. Best financial strength rating of A and a market share of 5.8%. New car replacement coverage. However, higher than average rates.
How much does Liberty Mutual insurance cost?
Liberty Mutual auto insurance averages $1,920/year. Home insurance averages $1,950/year. Your actual rate depends on your profile, location, and coverage needs.
What types of insurance does Liberty Mutual offer?
Liberty Mutual offers: Auto, Home, Life, Commercial insurance. They are headquartered in Boston, MA and were founded in 1912.