Life can be unpredictable and so the best thing to dodge unforeseen situations is to ensure you, your family and everything you’ve built is protected. Insurance helps you manage risks. Whether you own a home, want to cover health costs or drive a vehicle, insurance helps you cover the risks. Finding the right insurance policy can help you keep adequately insured and not leave you in ruins in times of disasters.

Benefits of insurance

Pays for the losses

This is the most important advantage of insurance. An insurance policy is a contract between the policyholder and the insurance company wherein the latter compensates for the losses incurred by the former. So, in order to stay protected against any unforeseen condition, insurance helps to keep you covered. Insurance also works as a safety net. It ensures that your family and business are stable. For instance, a health insurance will help cover all the medical bills when you or any of your family member is suffering from a health condition.

Complies with the legal requirements

Whether it is about contractual and statutory requirements or providing evidence of financial resources, insurance is often used for satisfying all these financial prerequisites. So, insurance helps in meeting the legal requirements arising from various business relationships.

Efficient use of resources

Since unpredicted situations can bring a lot of financial burden, individuals and companies need to keep aside a large amount of money to compensate for the losses. However, if you have an insurance, these large, lumpsum amounts can be divided into smaller premiums that you pay to the insurance company and reap the benefits of the same at the time of need. Therefore, insurance helps in enabling efficient use of resources and eliminates the unnecessary need of setting aside a large amount of money.

Here are 10 popular insurance providers that you must take a look at-

Progressive.com

With more than 18 million customers onboard, Progressive is an insurance provider with a range of insurance products that meet your specific needs. Some of the top insurance products offered at Progressive include auto, auto bundle that comprise of auto + home, auto + renters, auto+ condo, motorcycle, home and renters, among others.

GEICO

A popular auto insurance company, GEICO provides coverage to more than 24 million vehicles. Apart from auto insurance, some of the other popular insurance policies offered are property, business, life, travel, overseas, pet, identity protection and more. You can add your ZIP code on the official site of GEICO and get the quote for your auto bundle plan.

Infinity Auto

Infinity Auto provides insurance policies for auto, business, home, and life. You can find various policies here that cater to your specific needs and fits your budget. On the homepage of Infinity Auto, you can also add your ZIP code and select the insurance you’re looking for to get a free quote.

Liberty Mutual

As the 5th largest property and casualty insurer in the world, Liberty Mutual is one of the most popular personal and business insurance providers that you can consider. It currently ranks 75th on Fortune Magazine’s list of financial entities and is operational across 30 countries worldwide. You can find auto, home, renters and condo insurance here and also find a local agent by entering your ZIP code.

State Farm

State Farm insurance has grown to be one of the top spot grossing companies in the insurance marketplace since its initiation in 1922. State Farm offers a wide array of insurance sections like home, health, and life apart from auto insurance. It is also currently one of the largest insurance providers in the country and is also the 36th on the Fortune 500 list.

Esurance
Offering auto insurance in 43 states and homeowners coverage in 31 states, Esurance is ideal for people for consumers who prefer to manage their own policies and have basic insurance needs. This provider is also known for its user-friendly platform, great mobile app, and interactive tools.

A-Max Insurance
A-Max is an insurance agent that specializes in auto coverage in Texas for residents as well as businesses. This provider is viable for people who are in the search of affordable auto insurance options along with great service. They provide the finest quotes and coverage options from more than 20 insurance carriers.

top10homewarrantyreviews.com
Top10.com is a terrific online comparison platform that can help in purchasing the most feasible home warranty plan so that you can dodge any expensive home repair expenses. Apart from detailed reviews, you also get access to latest blog posts for home insurance warranties that can smartly help you in choosing the right provider.

Blue Whale Insurance
Blue Whale Insurance acts as an aggregator for listing of cheap insurance providers in your area. It has four categories from which the user can choose, namely car, health, life and home. The user will have to answer a few questions to get a list of providers in their area from whom they can request a quote for their insurance.