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National General Auto Insurance Ratings: An In‑Depth, Evergreen Guide

By Elena Carter4 min read 450 views
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National General Auto Insurance Ratings: An In‑Depth, Evergreen Guide

Quick Answer: How Does National General Rank?

National General auto insurance consistently earns strong financial‑strength scores from major rating agencies—A (Excellent) from A.M. Best, A+ from Standard & Poor's, and A+ from Moody's—indicating the company can meet its policy‑holder obligations. Customer‑service ratings are mixed, with J.D. Power awarding a 825‑point score (average) and Consumer Reports placing it in the middle tier for claim satisfaction. Overall, National General is a financially solid choice, especially for drivers seeking competitive rates and flexible coverage options.

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What Is National General?

National General Insurance Company, a subsidiary of Allstate Corp., offers a range of personal and commercial lines, including auto, homeowners, renters, and specialty policies. Founded in 1925, it operates primarily through independent agents and focuses on non‑standard markets—drivers with less‑than‑perfect records, high‑risk vehicles, or unique coverage needs.

Understanding Insurance Ratings

Insurance ratings assess two core dimensions:

  • Financial Strength: The ability of the insurer to pay claims now and in the future.
  • Customer Satisfaction: Policyholder experiences with pricing, claims handling, and service.

Rating agencies use proprietary models, but they all consider capital adequacy, loss reserves, profitability, and market position.

Financial‑Strength Ratings

Below is a compact table summarizing the most widely cited agency ratings for National General as of 2024.

AgencyRatingInterpretation
A.M. BestA (Excellent)Strong ability to meet ongoing obligations.
Standard & Poor'sA+High credit quality; low default risk.
Moody'sA+Robust financial position and risk management.

These grades place National General alongside industry leaders such as State Farm and Allstate, confirming its capacity to honor claims.

Customer‑Satisfaction Ratings

While financial metrics are solid, service scores vary. Key sources include:

  • J.D. Power 2023 U.S. Auto Insurance Study – 825 points (average).
  • Consumer Reports 2023 – 3‑star claim satisfaction (mid‑range).
  • Better Business Bureau – A+ rating with 1,200+ reviews, 4.2/5 average.

Drivers with clean records often report competitive pricing, whereas high‑risk drivers note occasional premium spikes.

Coverage Options and Limits

National General offers standard auto policies plus several add‑ons that influence overall value:

Core Coverages

  • Liability (Bodily Injury & Property Damage)
  • Collision
  • Comprehensive
  • Medical Payments
  • Uninsured/Underinsured Motorist

Optional Enhancements

  • Ride‑Share Endorsement – tailored for Uber/Lyft drivers.
  • Accident Forgiveness – prevents first‑accident surcharge.
  • Roadside Assistance – 24/7 towing and lockout service.
  • Rental Reimbursement – up to $30/day for 30 days.

Policy limits range from state‑minimum to $1 million combined single limit, allowing customization for high‑net‑worth owners.

How Ratings Affect Your Premium

Strong financial ratings can lower premiums indirectly because insurers with lower default risk often enjoy lower reinsurance costs, which they can pass on to policyholders. However, customer‑service scores influence discounts—many agents offer loyalty or claim‑free discounts based on satisfaction metrics.

Comparing National General to Major Competitors

The table below highlights key rating and service differences between National General and three leading carriers.

CarrierFinancial Rating (A.M. Best)J.D. Power ScoreBest For
National GeneralA (Excellent)825 (Average)Non‑standard drivers, ride‑share
State FarmA++ (Superior)862 (Above Average)Broad agent network
GeicoA (Excellent)862 (Above Average)Low‑cost standard policies
AllstateA+ (Excellent)862 (Above Average)Digital tools & claims app

National General holds its own financially but trails top carriers in overall satisfaction, making it a solid alternative for niche markets.

Tips for Evaluating Auto Insurance Ratings

When you compare insurers, consider these steps:

  • Check Multiple Agencies: No single rating tells the whole story.
  • Look Beyond the Score: Review the methodology notes for each agency.
  • Balance Price and Service: The cheapest policy may lack claim support.
  • Review State‑Specific Ratings: Some states publish their own insurer rankings.

Using a checklist ensures you choose a carrier that aligns with both financial security and your personal service expectations.

Conclusion

National General's auto insurance ratings demonstrate a financially robust company with respectable, though not top‑tier, customer‑service scores. For drivers who fall outside the standard risk profile—such as ride‑share participants, high‑risk motorists, or those needing specialized endorsements—National General offers a compelling mix of strong backing and flexible coverage. Always pair rating data with your own cost‑benefit analysis to select the best policy for your needs.

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