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Car insurance companies are booming these days. There are so many car insurance companies these days that seem to spring out of nowhere but only the lucky ones stay on top of the competition. Unfortunately, not all car insurance companies are heard of but those who have been in the business for a few decades are the ones who keep afloat amidst their competitors. One of these companies is the Electric Car Insurance.

Electric Car Insurance began in 1927 as the Electric Mutual Liability Insurance Company. This company was founded by GE in Massachusetts as way to provide workers’ compensation insurance to its business. It was in 1966 that this company changed its name to Electric Insurance Company but as the business expanded, they also offered different types of insurance. Electric has received an A+ rating from Better Business Bureau and has won the Customer Service Department of the Year from the American Business Awards. They also received an excellent rating from A. M. Best and other awards.

This car insurance company offers different coverage besides. Their policies include home, condo, umbrella and tenants insurance policies all at rates affordable to their customers. While other car insurance offers six-months policies, Electric offers a full year to lock in rates and cut the amount of policy renewals in half.

Like all car insurance companies, Electric has their fair share of complaints from customers. Some of the common complaints received by this company involve their poor customer services, high rates and overall communication with their customers. Some customers also complained about the cancellation fees that they have received when they prompted on closing their accounts. So if you wish to purchase a policy from them, better check their rates and quotes first. This way you know what you are paying for.