Elephant Insurance Reviews 2022: Is it Legit or Scam?

Safety and security are some of the things humans so desire… The feeling of knowing you’re safe where ever you go or in whatever you do is bliss. It gives you the freedom to be your best at all times. Over the years, driving is one thing that has posed fear in the hearts of many. It has even prevented many from learning to drive or board vehicles. But thanks to insurance companies, they provide this sense of security to people and it has been really helpful.

In this article, we’ll be taking a look at Elephant Insurance. We shall take out time to tell you all you need to know about this insurance company, highlight reviews from customers, and then throw more light on grey areas.

To begin with, what is Elephant Insurance?

An Overview of Elephant Insurance

Elephant Insurance, based in Richmond, Virginia, is a customer-focused direct insurer. It is a part of Admiral Group plc, an FTSE 100 firm and one of the United Kingdom’s largest insurers, with operations in eight countries and over 6 million customers globally. Elephant specializes in auto insurance. Other types of insurance, such as homeowners and renters, are sold by other businesses, and in some areas, a bundle discount is available. Elephant sells insurance policies to customers directly, both online and over the phone.

Elephant Insurance Company is known for meeting the needs of tech-savvy consumers by providing account management tools that policyholders can use from their computers or mobile devices. In addition, the organization provides a wide choice of coverage alternatives. Elephant may be a good choice if you have specific coverage needs or prefer to conduct business online.

Georgia, Illinois, Indiana, Maryland, Ohio, Tennessee, Texas, and Virginia are among the states that provide Elephant Insurance plans. The company provides a variety of insurance coverage, including auto, house, and life insurance. Elephant’s policy selections, geographic availability, customer happiness, financial strength, and discounts are all broken down in this article for you so you can decide if it’s the ideal fit for your needs.

Elephant Auto Insurance

Elephant provides conventional auto insurance coverage, but there are few options for additional coverage.

Types of Auto insurance coverage

Options for Elephant vehicle insurance policies include:

When you cause an accident, your bodily injury and property damage liability coverage pays for the medical expenditures and auto repair costs of the other driver.
Collision Coverage; collision coverage covers the repair or replacement of your car.
Following a covered non-collision occurrence, such as hail damage, comprehensive coverage pays to repair or replace your vehicle.
Medical payments coverage pays for your and your passengers’ medical expenses regardless of who is at fault in an accident. In some states, medical payments coverage is not accessible.
Extra features such as custom paint treatments or equipment for the physically disabled can be covered by custom parts and equipment coverage.
If you are at fault in a collision, non-owner insurance covers physical injury and property damage claims. This type of policy is usually reserved for drivers who do not own automobiles yet drive frequently. Typically, this insurance does not cover damage to the vehicle you are driving.
If your car is totaled or stolen, loan/lease payoff insurance pays the difference between the actual cash value and the amount owed on your loan or lease.
If your vehicle is unable to be driven as a result of a covered loss, rental reimbursement coverage will cover the cost of a rental automobile.
When you and your passengers are hit by an uninsured or underinsured driver, uninsured and underinsured motorist coverage pays for your medical bills. Property damage coverage — which covers damage to your car — may also be provided depending on your state.
Fuel supply, jumpstarts, lockouts, tire replacements, and towing are all covered under roadside assistance.
Regardless of which motorist is to blame for an accident, personal injury protection (PIP) compensates for medical expenses and other related costs for you and your passengers. In no-fault states, PIP is obligatory; in some states, it is voluntary; and in others, it is not available.

Discounts For Auto Insurance Coverage

Elephant Insurance offers discounts that could help you save money on your rates. When you combine your insurance policies with Elephant Insurance, you may be able to save money.

The following discounts are available:

Multi-car: You may be eligible for a discount if you insure more than one vehicle.
Exceptional student: If you have strong grades in high school or college, you may be able to save money on vehicle insurance. When you go paperless, you can save money in three ways. Discounts may be available for online quotations, paperless invoicing, and electronic signatures.
Discounts for safety: Elephant’s car insurance may be reduced if the vehicle has safety features and the driver has a clean driving record.
Early riser: You may be able to save money if you purchase your policy several days before the effective date. Your insurance may be reduced if you recommend a friend to Elephant and they purchase a policy.
Make a full payment: You may be able to save money by paying your premium in full.
If you currently work from home, Elephant may be able to offer you a discount on your policy.

Elephant life insurance is a type of life insurance that protects customers. Customers can get life insurance through Elephant Insurance, which is underwritten by the American Family Life Insurance Company. If you have dependents, a life insurance policy may be able to help them after you pass away.

Elephant Insurance offers term life insurance, which simplifies coverage. You can acquire a quote online by selecting a term length between 10 and 30 years. If you like the quote, you’ll know exactly how much you’ll have to pay in premiums for the rest of your policy’s life.

Elephant Reviews

Third-party evaluations might help you figure out what you need to know before joining up with a service provider. First, an insurer’s financial strength might be an indicator of its capacity to pay claims, therefore evaluating each carrier’s financial strength rating can be useful when searching for insurance. Elephant Insurance is currently unrated by the three major credit rating agencies: AM Best, Moody’s, and Standard and Poor’s.

You should also look at each carrier’s customer service ratings. J.D. Power conducts studies of the car and house insurance markets every year, rating and ranking insurers based on characteristics such as billing procedure, claims processing, customer interaction, policy offers, and price. Elephant Insurance, on the other hand, was not rated by J.D. Power.

Is Elephant Insurance Legit or Scam?

Elephant could be a good option for those who want to conduct business online. They offers a discount to insurance customers who use online quotes, paperless invoicing, and electronic signing.

Elephant also offers one-year auto plans, although many other businesses only offer six-month policies. Customers who would prefer only one renewal period per year to avoid rate increases may find this appealing.

Elephant allows you to submit a claim via email, mail, fax, or phone. However, the carrier does not provide customer service or claims support 24 hours a day, 7 days a week.

Another reason why Elephant Insurance is excellent is that If your car is totaled and you still owe money on it, loan/lease payment coverage, often known as gap insurance, protects you. Gap insurance isn’t sold by most insurance companies, so you’ll have to get it from the bank or dealership when you buy your automobile.

Elephant’s Coverage Wizard tool can help you figure out what coverages you really need. It will ask you a series of questions about your vehicle and driving patterns before making personalized recommendations based on your responses.

Cons or Downsides of Elephant Insurance

The major cons are that Elephant presently only sells auto insurance in Illinois, Indiana, Maryland, Ohio, Tennessee, Texas, Virginia, and Georgia. You’ll have to find another insurance company if you don’t live in one of their service zones. For the previous three years, Elephant has received more complaints than expected based on its market share. So they have more customer complaints than other insurance companies.

Conclusion

At Elephant Insurance, Policyholders can have legal help coverage for $5 per month, which pays for legal expenditures associated with traffic tickets, estate planning, family law, and other issues. The option of a decreasing deductible is only available if you have collision coverage, and it must be acquired at the time of purchase or renewal – not in the middle of a term. Elephant deducts $100 from your collision deductible when you sign up, and another $100 each year you stay accident-free after that.

We hope the information provided here will help you make the best insurance choice.

Let us know what you think about elephant insurance.

FAQs On Elephant Insurance

Is it possible to combine my homeowners and auto insurance with Elephant?

Yes. Elephant allows you to bundle your house and auto insurance plans, potentially saving you money on both. Furthermore, you may be able to pay both premiums through a single billing process.

Is Elephant Insurance represented by a local agency?

No. Elephant policies can only be purchased online or over the phone. You can use your Elephant account to file and track claims, pay bills, and check policy details after purchasing insurance. Elephant also offers a mobile app for Android and Apple smartphones that allows you to access your insurance paperwork, contact customer support, and request roadside help all from the palm of your hand.

Who owns Elephant Insurance?

Elephant is a subsidiary of Admiral Group, a British financial services firm. Admiral first joined the UK insurance market in 1993, and Elephant Insurance was established in 2009.

Is Elephant Insurance able to provide quotations over the internet?

Yes. Customers that generate a rapid online quote can even get a discount from Elephant.

What kind of insurance coverage do I require?

You must have a minimum amount of auto insurance coverage under state law. When it comes to auto insurance, however, the more coverage you get, the less money you’ll have to pay out of pocket if you have an accident.