fbpx
Phone: 1-(855) 233-7818

Review of 21st Century Auto Insurance: Options & Ratings

Are you currently insured?
Yes No

Updated January 7th, 2021

Checked by
Shaun Fyffe
Insurance Author
Reviewed by
Maurice Draine
Former P&C Agent

Deciding on a new auto insurance company that will provide you with the coverage you need at a price that stays within your budget can be a chore.

So how do you determine which is indeed the right policy for your automobile to get the best rates?

21st Century Insurance - Key Considerations

-21st Century is owned by Farmers Insurance Group, which provides its customers with more top-rated features.

-21st Century offers very affordable rates for the industry and is an excellent option for people with a less than perfect driving record.

-This auto insurance provider offers several money-saving discounts and rewards, including accident forgiveness, good student discounts, and complimentary roadside assistance.

-For car insurance coverage, they offer all the basics and extra benefits you may not find with other insurers.

-According to a representative, they only offer new policies to California residents.

21st Century Auto Insurance offers its policyholders a wide range of insurance products that allow them to have the convenience of reliable coverage with an affordable policy’s satisfaction.

The company, headquartered in Wilmington, DE, was founded in 1958 and was initially known as 20th Century Insurance.

Today, 21st Century is owned by the Farmers Group of Insurance Companies, which serves over 20 million individual policies throughout the country.

21st Century offers all the basics and extra add-ons you may not find with other insurance providers offering coverage.

Driver AgeInsurance QuotesDeductible
21-Year-Old$386 per month$500
30-Year-Old$278 per month$500
45-Year-Old$191 per month$500

Liability Coverage, Collision, and Comprehension

As with all other insurance carriers, 21st Century offers liability coverage, which is the least amount of coverage the law requires drivers to have.

Liability is made up of two categories that include bodily injury liability and property damage liability.

Liability coverage from 21st Century contains both.

Collision coverage offers protection to drivers due to damage caused by crashes.

At the same time, comprehensive coverage offers protection against a broad range of damage types except for damage caused by a collision.

Having both types is considered “full coverage,” and it is often necessary to have full coverage when financing a vehicle.

Coverage for Accident Forgiveness

With most companies, your rates will go up after you are involved in an accident.

That is especially true if the accident was your fault.

With accident forgiveness, your rates will not go up following your first car accident, as long as you hadn’t had an accident for a specified period before you took out the coverage.

Tow and Gap Coverage

Roadside Assistance is included with all 21st Century auto policies at no extra charge.

This benefit takes care of $75 worth of towing costs as well as labor services.

If you would like to have more tow coverage, you have the option to add on more with the company’s Towing and Labor Coverage.

Gap insurance coverage can be an essential benefit for drivers if they still owe money on their car’s loan or lease.

It can close the “gap” between the balance you owe and the actual cash value (ACV) of your automobile.

If you are involved in a crash, and the car is a total loss, you are still liable for paying your lender the remaining auto loan balance.

With gap coverage, the amount of money owed can be paid for with these funds.

They offer Gap Insurance Coverage in the following states.

States 
ArizonaNebraska
ColoradoNew Mexico
IdahoOregon
IowaTennessee
KentuckyWashington
MontanaWisconsin

Auto Insurance Discounts and Reward Programs

The discounts and rewards offered by 21st Century are generally based on the driver’s driving record.

Keep in mind that some of the discounts and rewards provided by the company do not apply to your premium but may be applicable toward specific vehicles or coverages.

Good Student Discount

High school and college students that meet the academic requirements for this discount could be eligible for savings. Sometimes up to 30% in savings.

Multi-Car Discount

Like many other insurers, they offer a special discount to drivers who add more than one vehicle to their insurance policy.

Good Driver Discounts

Motorists who have few auto claims and good driving habits will receive a discount on their overall insurance rates.

There’s also a Superior Driver Discount for policyholders who have not had any accidents or violations within the last four to five years.

Mature Driver

Policyholders age 65 and older who complete a state-approved driving course may be eligible for a discount on their policy.

Defensive Driver

If you complete a defensive driving course approved by the DMV, you could be eligible for this discount.

Anti-theft system

If your vehicle has an approved GPS-enabled anti-theft device, you can receive a 15% off discount that is applied to your premium for comprehensive coverage.

21st Century Insurance Review

As with any insurance provider, there are pros and cons to customer service and claims process associated with 21st Century.

ProsCons
Allows policyholders to file claims by phone, online or mobile app. The company offers some of the most affordable auto insurance rates in the industry.Operates exclusively online, you will not receive the same in-person customer service as you would from other providers.
Is part of the Farmers Group of Insurance, their customers have access to many helpful resources such as a 24-Hour claims service operated by more than 50,000 representatives.Suppose you want to purchase insurance in any state besides California. In that case, you will either be redirected to Farmers Insurance or told that they do not write policies in your state.
Having one DUI conviction will not exclude you from getting an auto insurance policy.The required down payment may be higher than the usual one-month premium cost.

Additional Lines of Insurance

Here are a few more coverage options for you to consider that will allow you to have all your insurance needs taken care of by one provider.

Additional Coverages 
Renters / Homeowners InsurancePersonal Watercraft Insurance
Manufactured/Mobile Home InsuranceBoater’s Insurance
Specialty Homeowner’s Insurance CoverageFlood Insurance
Motorcycle and ATV InsuranceRental Car Reimbursement
Antique Auto InsuranceAuto Mechanical Breakdown Insurance

Financial Strength

According to information from U.S. News and J.D. Power, the total assets for 21st Century in 2017 was $25.4 million.

Farmers had a total of $17.02 billion in assets in 2019. While the company may not be one of the most popular auto insurers in the industry, its parent company, Farmers, is.

They held around 4.16% of the insurance market share in 2019.

CompanyRating
Better Business Bureau (BBB)A+
A.M. BestA
S&PA+
JD Power3 / 5
NAIC Complaint Index3.35
WalletHub Customer Reviews*2.2 / 5
NerdWallet Rating3.5

*includes customer complaints

At that time, Farmers Insurance was ranked as the seventh-largest private passenger provider.

They had more than $10.5 billion in direct premiums written that year.

FAQs

How Much Does 21st Century Auto Insurance Go Up After a Speeding Ticket?

The average increase for insurance rates after a driver gets a speeding ticket is 10%

Does 21st Century Have GAP Coverage?

Yes, they offer GAP coverage.

If the car is a total loss following a crash, the GAP coverage will pay against that loss if you live in one of the qualifying states.

What are Other Brands Related to 21st Century?

The Farmers Group of Companies has owned 21st Century since 2009.

Farmers is a leader in the industry and offers car, home, small business coverage, and other insurance and financial services.

If I don’t live in California, can I buy a policy with 21st Century?

According to a representative, they only offer new auto insurance policies to California residents. Good alternatives for non-residents are Farmers, GEICO, and Allstate. 

To learn more about 21st Century Auto Insurance, contact the experts at AutoInsureSavings.org. Our licensed professionals will be happy to answer any questions you have.

References

https://www.bbb.org/

https://www.nerdwallet.com/

https://insurance.mo.gov/21ST

Maurice Draine

Maurice Draine

Maurice, a former licensed P&C insurance agent with a 4-year degree in journalism. He resides in Minneapolis and has worked as a technical writer for UnitedHealthcare and Wells Fargo, where he created Medicare-related policies and procedures for three years. He is also an editor for AutoInsureSavings.org.

Comments are closed.

Follow us on:
© 2021 AutoInsureSavings LLC. All Rights Reserved. Use of AutoInsureSavings LLC Services (DBA AutoInsureSavings.org) is subject to our Terms of Service, Privacy Policy and License #3000705723. CCPA Disclaimer DUNS: 117443053

Advertiser Disclosure: All rates, insurance quotes, products and services are presented without warranty and guarantee. When evaluating insurance rates, verify directly with your current provider or insurance agent. Insurance quotes and offers are not binding, nor a guarantee of car insurance coverage. Some of the offers within the content are from companies where AutoInsureSavings.org may receive compensation. This does not influence our analysis of services or products. Our opinions are our own in good faith. We are an objective third-party resource for everything auto insurance.