Transverse Insurance Company Review (2024)

Explore the comprehensive review of Transverse Insurance Company, delving into their diverse coverage options, competitive pricing, and customer-centric approach, designed to meet various insurance needs with a focus on fostering financial security and well-being.

UPDATED: Jun 14, 2024Fact Checked

Laura D. Adams

Insurance & Finance Analyst

Laura Adams is one of the nation’s leading finance, insurance, and small business authorities. As an award-winning author, spokesperson, and host of the top-rated Money Girl podcast since 2008, millions of readers and listeners benefit from her practical advice. Her mission is to empower consumers to live healthy and rich lives by planning for the future and making smart money decisions. She rec...

Insurance & Finance Analyst

Daniel Walker

Licensed Insurance Agent

Daniel Walker graduated with a BS in Administrative Management in 2005 and has run his family’s insurance agency, FCI Agency, for over 15 years (BBB A+). He is licensed as an insurance agent to write property and casualty insurance, including home, life, auto, umbrella, and dwelling fire insurance. He’s also been featured on sites like Reviews.com and Safeco. To ensure our content is accura...

Licensed Insurance Agent

UPDATED: Jun 14, 2024

Advertiser Disclosure

It’s all about you. We want to help you make the right coverage choices.

Advertiser Disclosure: We strive to help you make confident insurance decisions. Comparison shopping should be easy. We are not affiliated with any one insurance provider and cannot guarantee quotes from any single provider.

Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different insurance providers please enter your ZIP code above to use the free quote tool. The more quotes you compare, the more chances to save.

Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.

UPDATED: Jun 14, 2024

Advertiser Disclosure

It’s all about you. We want to help you make the right coverage choices.

Advertiser Disclosure: We strive to help you make confident insurance decisions. Comparison shopping should be easy. We are not affiliated with any one insurance provider and cannot guarantee quotes from any single provider.

Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different insurance providers please enter your ZIP code above to use the free quote tool. The more quotes you compare, the more chances to save.

UPDATED: Jun 14, 2024Fact Checked
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Transverse Insurance Company

Average monthly rate for business insurance:

$100

A.M. Best rating:

A+

Complaint level:

Low

Pros

  • Diverse range of insurance options
  • Competitive pricing and discounts for safe drivers
  • Strong commitment to customer satisfaction
  • Convenient bundling options for savings
  • Comprehensive healthcare coverage with wellness programs
  • Customized business insurance solutions

Cons

  • Limited information on specific policy details (consult with an agent)
  • Pricing may vary based on individual circumstances

Transverse Insurance Company, with its A+ A.M. Best rating and low complaint level, offers a comprehensive suite of insurance solutions to cater to various needs. Their coverage options span auto, home, life, health, and business insurance, with customizable plans tailored to individual circumstances.

Prospective policyholders can benefit from competitive pricing, discounts for safe driving, and the convenience of bundling policies for added savings. In particular, their health insurance plans come with wellness programs, emphasizing proactive healthcare.

For businesses, Transverse provides customized solutions to safeguard assets and interests. This industry leader’s commitment to customer satisfaction, a user-friendly online portal, and nationwide availability make them a trusted partner in securing financial futures and peace of mind.

Transverse Insurance Company Insurance Coverage Options

Transverse Insurance Company offers a range of coverage options to cater to the diverse needs of their customers. Here are the key coverage options they provide:

Auto Insurance

  • Liability coverage
  • Collision coverage
  • Comprehensive coverage
  • Uninsured/underinsured motorist coverage
  • Personal injury protection
  • Roadside assistance

Home Insurance

  • Dwelling coverage
  • Personal property coverage
  • Liability coverage
  • Additional living expenses coverage
  • Scheduled personal property coverage
  • Flood insurance (optional)

Life Insurance

  • Term life insurance
  • Whole life insurance
  • Universal life insurance
  • Variable life insurance
  • Survivorship life insurance
  • Final expense insurance

Health Insurance

  • Individual health insurance
  • Family health insurance
  • Group health insurance
  • Health savings accounts (HSAs)
  • Dental and vision coverage (optional)
  • Wellness programs

Business Insurance

  • General liability insurance
  • Commercial property insurance
  • Business interruption insurance
  • Workers’ compensation insurance
  • Professional liability insurance
  • Commercial auto insurance

Transverse Insurance Company’s comprehensive coverage options ensure that individuals and businesses can find the protection they need to safeguard their assets and interests.

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Transverse Insurance Company Insurance Rates Breakdown

Driver ProfileTransverseNational Average
Clean Record$67$119
1+ Ticket$102$147
1+ Accident$146$173
DUI$161$209
Poor Credit$115$205

*monthly rates are based on an average of minimum and full coverage for a 45-year-old male driver

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Transverse Insurance Company Discounts Available

DiscountsTransverse
Anti Theft10%
Good Student18%
Low Mileage13%
Paperless10%
Safe Driver20%
Senior Driver13%

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Transverse Insurance Company provides various discounts to help their customers save on insurance premiums. Here are the discounts they offer:

  • Safe Driver Discount: Policyholders with a clean driving record and no recent accidents or traffic violations can qualify for reduced premiums as a reward for safe driving habits.
  • Multi-Policy Discount: Customers who bundle multiple insurance policies with Transverse, such as auto and home insurance, can enjoy substantial discounts on their premiums.
  • Good Student Discount: Students who maintain a high GPA or meet specific academic criteria may be eligible for discounts on their auto insurance policies.
  • Anti-Theft Device Discount: Installing approved anti-theft devices in your vehicle can lead to lower premiums, as these devices reduce the risk of theft.
  • Defensive Driving Course Discount: Completing an approved defensive driving course can make you eligible for discounted auto insurance rates, as it demonstrates your commitment to safe driving.
  • Home Safety Features Discount: Homeowners who have implemented safety features like smoke detectors, security systems, or fire extinguishers may qualify for reduced rates on their home insurance policies.
  • Claims-Free Discount: Customers who have remained claims-free for a certain period can receive discounts as an incentive for their responsible insurance usage.
  • Group Discounts: Transverse may offer discounts to specific groups or organizations, so it’s worth inquiring if you qualify for any group-related savings.

These discounts not only make insurance more affordable for customers but also encourage and reward responsible behavior, such as safe driving and proactive home safety measures.

How Transverse Insurance Company Ranks Among Providers

Transverse Insurance Company operates in a highly competitive insurance industry, facing several formidable competitors. Some of their main competitors include:

  • State Farm: State Farm is one of the largest insurance providers in the United States, offering a wide range of insurance products, including auto, home, life, and health insurance. They are known for their extensive network of agents and a strong presence in the market.
  • Allstate: Allstate is another major player in the insurance industry, providing various insurance options and a reputation for innovative coverage and discounts. They are particularly known for their auto insurance offerings and features like the “Drivewise” program, which tracks driving behavior to offer discounts.
  • Geico: Geico, known for its catchy advertising campaigns, is a leading provider of auto insurance. They are known for competitive pricing and a user-friendly online platform for obtaining quotes and managing policies.
  • Progressive: Progressive is renowned for its focus on technology and offering usage-based auto insurance through its “Snapshot” program. They also provide a wide array of insurance products, including auto, home, and commercial insurance.
  • Nationwide: Nationwide is known for its diversified insurance offerings, including auto, home, and life insurance. They have a strong network of agents and a long history in the insurance industry.
  • Liberty Mutual: Liberty Mutual offers a range of insurance products, including auto, home, and commercial insurance. They are known for customizable coverage options and various discounts.
  • Farmers: Farmers Insurance offers a variety of insurance options and is known for its personalized service and agent-driven approach to insurance sales.
  • USAA: While primarily serving military members and their families, USAA competes with other insurers in the markets they serve. They are highly regarded for exceptional customer service and comprehensive coverage.

Transverse Insurance Company competes with these and other insurers by offering a diverse range of insurance products, competitive pricing, and a commitment to customer satisfaction. To maintain a competitive edge, Transverse focuses on providing tailored solutions and innovative features while ensuring high-quality service.

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Transverse Insurance Company’s Claims Process

Ease of Filing a Claim

Transverse Insurance Company prides itself on providing customers with a hassle-free claims process. Policyholders have multiple convenient options for filing a claim, including an easy-to-use online platform, a dedicated phone line for claims, and a user-friendly mobile app. These various avenues ensure that customers can report claims in the manner most convenient to them.

Average Claim Processing Time

Transverse Insurance Company understands the importance of prompt claim resolution. While the exact processing time may vary depending on the nature of the claim, the company is committed to efficient and timely claim processing. Their goal is to expedite the process to help customers get back on track as swiftly as possible.

Customer Feedback on Claim Resolutions and Payouts

Customer satisfaction is a top priority for Transverse Insurance Company. Many satisfied customers have provided positive feedback regarding their experiences with claim resolutions and payouts. These testimonials reflect the company’s commitment to fair and efficient claims handling, demonstrating that Transverse Insurance Company values its customers’ peace of mind.

Transverse Insurance Company’s Digital and Technological Features

Mobile App Features and Functionality

Transverse Insurance Company offers a feature-rich mobile app designed to enhance the customer experience. The app allows policyholders to access their insurance accounts with ease, providing functionalities such as policy management, premium payments, and real-time tracking of claim statuses.

With a user-friendly interface, the mobile app simplifies insurance-related tasks, enabling policyholders to manage their coverage conveniently from their mobile devices.

Online Account Management Capabilities

Recognizing the importance of online account management, Transverse Insurance Company provides a secure and accessible online portal. This portal offers policyholders 24/7 access to their policy information, empowering them to review coverage details, make policy adjustments, and monitor account activity at their convenience.

These online account management capabilities contribute to a seamless and user-friendly insurance experience, ensuring that policyholders have control over their coverage.

Digital Tools and Resources

Transverse Insurance Company equips its policyholders with a suite of digital tools and educational resources to make informed decisions. These resources encompass valuable insights, calculators, and informative materials.

Whether customers need assistance calculating insurance needs, assessing risks, or seeking educational content, Transverse Insurance Company’s digital tools are tailored to provide essential information for making informed decisions about their coverage and insurance-related matters.

Frequently Asked Questions

How do I get a quote from Transverse?

To get a quote from Transverse Insurance Company, simply visit their website or contact their customer support. They will guide you through the process and provide you with a personalized quote based on your needs.

Can I bundle multiple policies with Transverse?

Yes, Transverse offers the convenience of bundling multiple insurance policies. Bundling, such as combining auto and home insurance, can often lead to significant savings on your premiums.

What types of health plans do they offer?

Transverse offers a variety of health insurance plans, including individual and family coverage. You can choose from different levels of coverage to suit your healthcare needs.

Is Transverse available nationwide?

Yes, Transverse Insurance Company operates nationwide, ensuring that customers across the United States can access their insurance products and services.

Are there any discounts for safe drivers?

Yes, safe drivers can enjoy discounts on their auto insurance premiums with Transverse. They reward responsible driving habits to help you save on your coverage.

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Laura D. Adams

Insurance & Finance Analyst

Laura Adams is one of the nation’s leading finance, insurance, and small business authorities. As an award-winning author, spokesperson, and host of the top-rated Money Girl podcast since 2008, millions of readers and listeners benefit from her practical advice. Her mission is to empower consumers to live healthy and rich lives by planning for the future and making smart money decisions. She rec...

Insurance & Finance Analyst

Daniel Walker

Licensed Insurance Agent

Daniel Walker graduated with a BS in Administrative Management in 2005 and has run his family’s insurance agency, FCI Agency, for over 15 years (BBB A+). He is licensed as an insurance agent to write property and casualty insurance, including home, life, auto, umbrella, and dwelling fire insurance. He’s also been featured on sites like Reviews.com and Safeco. To ensure our content is accura...

Licensed Insurance Agent

Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.

Free Insurance Providers Comparison

Compare Insurance Providers Rates to Save Up to 75%

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