Catlin Group Auto Insurance Review

Deciding which insurance company to choose when covering your motor car can be a challenge, what with all the insurance companies available to choose from and the often baffling array of insurance cover options that each of them provide. The most efficient means of finding the auto insurance company that best suits your own personal needs is to compare auto insurance quotes and company reviews of a wide range of insurance companies.

In this way, you will then be able to make use of a combination of your personal insurance needs, the cost-effectiveness of the insurance company’s cover, and expert opinion on the reputation of each insurance company.

This auto insurance review will focus on Catlin Group Ltd., an insurance company based in Hamilton, Bermuda. Although based in Bermuda, Catlin is a global provider of insurance, operating not only in Bermuda, but also in the US, Canada, and even further afield in Europe and Asia. The Catlin auto insurance review that follows will help you to decide whether Catlin is the auto insurance company for you.

Services Provided by Catlin Group

Catlin Group provides a wide range of insurance policies, that will cover the needs of any general consumer as well as providing cover for more specific protection. The policies provided by Catlin include:

• Life insurance
• Auto insurance
• Homeowner’s insurance
• Medical insurance
• Medical Malpractice civer
• Livestock and Agricultural Equipment Insurance
• Insurance of aerospace engineering equipment
• Reinsurance

In the United States, Catlin Group does not have a direct relationship with policy holders – rather, it provides its services through a wide network of smaller insurance companies who then in turn interact with the consumers.

This allows the Catlin Group to use its experience and wide reach to benefit US citizens, without having to become personally involved with the insurance consumers at a retail level.

Catlin Auto Insurance Review

In terms of auto insurance, Catlin Group focuses mostly on Motor Fleet insurance for companies that use a number of motor vehicles. They aim to provide each company with a tailor-made insurance policy by analyzing data provided by the policyholder, as well as opinions and advice offered by experts in the auto insurance field.

For consumers seeking motor fleet insurance cover, Catlin provides a wide range of policies that include Comprehensive Cover, Third Party Cover and Fire and Theft cover, as well as their standard policy. Features of standard cover include:

• Third party cover for property damage of up to $20 million for motor cars and other commercial vehicles weighing less than 7.5 tons, and up to $5 million for vehicles that are over 7.5 tons.
• New car replacement on all cars purchased in the last 12 months in the United States or the UK (depending on which area your insurance provider is situated in).
• Unlimited windscreen cover
• Excess for young drivers and new drivers that is limited to $300 for drivers under the age of 21, and $150 if the driver has only have a license for less than 12 months
• Personal possession cover to the value of $250
• Up to $1000 cover for keys that are lost or stolen, and locks that need to be replaced.
• Unlimited cover on audio equipment
• Contingent liability cover of up to $5 million

Financial Success and Trading Information

Catlin has enjoyed great success as an insurance company throughout the world, and continues to provide insurance seekers with good quality, affordable auto insurance. Although the secret to their success is largely unknown, the company’s tendency to look at long-term market conditions certainly plays a role.

Catlin is focused not only on their financial successes each quarter, but also considers long-term, future financial forecasts as well, allowing them to invest and insure efficiently. They also have a flexible approach to underwriting and insuring, particularly in the field of auto insurance, which allows them to withstand fluctuations in the markets – even the global economic recession.

In the US, Catlin has shown the same kind of successes as they have had in other countries for more than 30 years, meaning that they are a company that can be depended on to provide reliable, affordable auto insurance.

Although this Catlin auto insurance review has aimed to help you to gain some information on a company that could potentially provide you with auto insurance cover, keep in mind that the best way to find the auto insurance that is best suited for your needs is to access an auto insurance quote comparison site and compare policies from a wide variety of different companies.