TICO Insurance Review & Ratings (2024)

Tico Insurance: Comprehensive coverage options, competitive pricing, and reliable customer service. Compare quotes now to find the best insurance rates in your area. Get the protection you need with Tico Insurance, a trusted provider with years of experience. Enter your ZIP code to start comparing rates from top insurance companies and secure your coverage today.

UPDATED: Nov 28, 2023Fact Checked

Scott W. Johnson

Licensed Insurance Agent

Scott W Johnson is an independent insurance agent in California. Principal Broker and founder of Marindependent Insurance Services, Scott brings over 25 years of experience to his clients. His Five President’s Council awards prove he uses all he learned at Avocet, Sprint Nextel, and Farmers Insurance to the benefit of his clients. Scott quickly grasped the unique insurance requirements of his...

Licensed Insurance Agent

Ty Stewart

Licensed Insurance Agent

Ty Stewart is the founder and CEO of SimpleLifeInsure.com. He started researching and studying about life insurance when he got his first policy for his own family. He has been featured as a life insurance expert speaker at agent conventions and in top publications.  As an independent licensed life insurance agent, he has helped clients nationwide to secure affordable coverage while making the...

Licensed Insurance Agent

UPDATED: Nov 28, 2023

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 company and cannot guarantee quotes from any single insurance company.

Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different insurance companies 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 insurance. Our goal is to be an objective, third-party resource for everything insurance related. We update our site regularly, and all content is reviewed by insurance experts.

UPDATED: Nov 28, 2023

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 company and cannot guarantee quotes from any single insurance company.

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

UPDATED: Nov 28, 2023Fact Checked
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TICO Insurance

Average monthly rate for good drivers:

$100

A.M. Best rating:

A+

Complaint level:

Low

Pros

  • Diverse insurance offerings
  • Competitive rates
  • Excellent customer service
  • Flexible policy options
  • Strong financial stability

Cons

  • Limited international coverage options
  • Some policy restrictions apply
  • May not be available nationwide
  • Additional discounts limited

Final Verdict: Review of TICO Insurance

In conclusion, TICO Insurance offers a range of car insurance products and services to drivers across multiple states. The company has a mission to provide affordable and accessible insurance options to drivers and offers a variety of discounts to help customers save money on their premiums.

While TICO Insurance has received mixed customer reviews, it’s worth considering as an option for car insurance coverage.

What You Should Know About TICO Insurance

Address: 5205 N O Connor Blvd Ste 700
City: Irving
State: TX
ZIP Code: 75039
Phone Number: 214-526-3876
Year Founded: 1985

AM Best Rating: A+

Looking for reliable and affordable insurance coverage? TICO Insurance is here to meet your needs. In this comprehensive article, we’ll delve into various aspects of TICO Insurance, including its history, coverage options, pricing, discounts, and customer reviews. Whether you’re in search of auto, home, or life insurance, TICO Insurance has you covered.

  • TICO Insurance has been providing car insurance since 1985
  • They offer a range of discounts to help customers save money
  • TICO Insurance aims to provide affordable and reliable insurance to drivers across the United States

Don’t miss out on the opportunity to secure the best rates and coverage for your insurance needs. Enter your zip code now to compare quotes from top insurance providers in your area and make an informed decision that ensures your peace of mind.

TICO Insurance Company History and Mission

TICO Insurance was founded in 1985 in Texas and has since expanded its services to include coverage in multiple states across the US. Their mission is to provide affordable and reliable insurance options to drivers, regardless of their background or driving history.

The company strives to be transparent and easy to work with, ensuring its customers always have access to the information they need to make informed decisions about their insurance coverage. TICO Insurance is known for its commitment to customer service and its focus on providing personalized insurance solutions.

TICO Insurance Coverage Options

TICO Insurance offers a range of car insurance products, including liability, collision, and comprehensive coverage. They also offer uninsured/underinsured motorist coverage and personal injury protection (PIP) in some states.

Here is a summary of the different products offered by TICO Insurance:

  • Liability coverage: This coverage is required by law and covers damages to another person’s property or injuries sustained by another person in an accident you caused.
  • Collision coverage: TICO Insurance has collision coverage which covers damages to your vehicle in an accident, while comprehensive coverage covers non-collision incidents, such as theft or natural disasters.
  • Uninsured/Underinsured motorist coverage: This coverage protects you if you are in an accident with someone who does not have insurance or who does not have enough insurance to cover the damages.
  • PIP coverage: TICO Insurance PIP coverage can help pay for medical expenses, lost wages, and other costs associated with injuries sustained in an accident.

The cost of TICO Insurance varies based on several factors, including the driver’s age, location, and driving history. TICO Insurance is available in Texas, Illinois, Missouri, Nevada, and Oregon.

Read more: Missouri Car Insurance Discounts

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TICO Insurance Rates Breakdown

TICO Insurance offers competitive rates for car insurance coverage, with prices often lower than those offered by larger insurance companies. The exact cost of coverage will depend on various factors, including the type of coverage you need, the make and model of your vehicle, your driving record, and your location.

TICO Insurance Discounts Available

One of the advantages of TICO Insurance is that the company offers a wide range of discounts that can help you save money on your car insurance premiums. Some of the discounts that may be available include:

  • Multi-car discount: If you insure more than one car with TICO Insurance, you can receive a discount on your premiums.
  • Safe driver discount: If you have a clean driving record, you may be eligible for a safe driver discount. This discount rewards drivers who have not had any accidents or moving violations in a certain period of time.
  • Good student discount: If you are a student with good grades, you may be eligible for a good student discount. This discount rewards students who maintain a high GPA.
  • Low mileage discount: If you don’t drive your car often, you may be eligible for a low mileage car insurance discount.
  • Military discount: TICO Insurance offers a discount to active-duty military personnel and their families.
  • Homeowner discount: If you own a home, you may be eligible for a discount on your car insurance premiums.

To qualify for these discounts, you must meet certain criteria, such as maintaining a clean driving record, having good grades, or insuring multiple cars. The amount of the discount varies depending on the specific discount and your individual circumstances.

It’s important to note that not all discounts are available in all states. Drivers can contact TICO Insurance directly to learn more about the discounts available to them.

TICO Insurance is a good option for drivers looking for affordable rates and a wide range of discounts. While rates will vary depending on your individual circumstances, TICO Insurance is known for offering competitive pricing and good value for the cost of coverage. If you want to learn more about TICO Insurance rates, you can get a free quote online or by contacting the company directly.

Unraveling the Claims Process at TICO Insurance

Ease of Filing a Claim

TICO Insurance offers a user-friendly claims process that allows policyholders to file claims conveniently through multiple channels. You can easily submit a claim online through their website, over the phone by contacting their customer service, or via their mobile app for added convenience. This flexibility ensures that you can choose the method that best suits your preferences and needs.

Average Claim Processing Time

TICO Insurance is committed to providing efficient claim processing services. While the exact processing time may vary depending on the nature and complexity of the claim, the company strives to handle claims promptly. Policyholders generally experience reasonable processing times, ensuring that they receive the assistance they need without unnecessary delays.

Customer Feedback on Claim Resolutions and Payouts

Customer feedback on TICO Insurance’s claim resolutions and payouts is generally positive. Many customers appreciate the company’s responsiveness and commitment to resolving claims effectively. While there have been some reports of occasional difficulties in the claims process, the majority of policyholders have expressed satisfaction with TICO Insurance’s efforts to provide fair and timely claim resolutions.

TICO Insurance Digital and Technological Features: Leading the Insurance Evolution

Mobile App Features and Functionality

TICO Insurance offers a robust mobile app that provides policyholders with convenient access to various features and functionalities. With the app, you can easily manage your policy, access important documents, make payments, and even file claims directly from your mobile device. The app’s user-friendly interface and intuitive design make it a valuable tool for policyholders on the go.

Online Account Management Capabilities

Policyholders can take advantage of TICO Insurance’s online account management capabilities to efficiently manage their policies. Through the company’s website, you can access your policy details, make updates, view billing information, and track claims status. This online portal offers a streamlined and convenient way to stay in control of your insurance coverage.

Digital Tools and Resources

TICO Insurance provides policyholders with a range of digital tools and resources to enhance their insurance experience. These resources include educational materials, FAQs, and helpful guides that can assist you in understanding your policy, coverage options, and how to navigate various insurance-related matters. These digital resources are designed to empower customers with knowledge and support.

How TICO Insurance Ranks Among Providers

As you explore insurance options, it’s crucial to consider various providers to find the best coverage for your needs. TICO Insurance, known for its comprehensive options, competitive pricing, and reliable service, faces competition from several key players in the insurance industry. Here are the main competitors challenging TICO Insurance in the market:

  • Geico: Geico, the Government Employees Insurance Company, is a major competitor for TICO Insurance. Known for its catchy advertising and affordable rates, Geico provides a wide range of insurance products, including auto, home, and renters insurance. Its strong online presence and emphasis on cost savings make it a popular choice for customers seeking competitive rates and digital convenience.
  • Progressive: Progressive is another prominent competitor for TICO Insurance, offering a diverse range of insurance products. Known for its innovative approach, Progressive is a pioneer in usage-based insurance and provides a variety of discounts based on driving habits. Its focus on technology and user-friendly tools appeals to customers looking for a modern and customizable insurance experience.
  • State Farm: State Farm, one of the largest insurance providers in the United States, competes with TICO Insurance across various coverage types. State Farm is recognized for its extensive agent network, personalized service, and a wide array of insurance options, including auto, home, life, and more.
  • Allstate: Allstate is a well-established competitor, offering a broad range of insurance products and financial services. With a strong focus on customer relationships, Allstate provides personalized coverage options and various discounts. The company’s commitment to innovation, highlighted by features like Drivewise for safe driving discounts, positions it as a formidable rival to TICO Insurance.

In the ever-evolving insurance landscape, TICO Insurance faces competition from industry giants like GEICO, Progressive, State Farm, and Allstate. Each competitor brings its own strengths, whether it’s affordability, technological innovation, or personalized service.

As a consumer, comparing quotes and understanding the unique offerings of these competitors can help you make an informed decision when choosing the insurance provider that best aligns with your preferences and needs.

TICO Insurance Customer Reviews

TICO Insurance has generally positive reviews online, with customers praising the company for its affordable rates, responsive customer service, and easy-to-use website. The company has an A+ rating with the Better Business Bureau (BBB) and has received a 4.3 out of 5 rating on Trustpilot based on over 300 customer reviews.

Many customers appreciate TICO Insurance’s competitive rates, noting that they saved money on their car insurance premiums by switching to the company. Customers also frequently praise the company’s customer service, noting that representatives are knowledgeable, helpful, and quick to respond to inquiries.

However, some customers have expressed dissatisfaction with TICO Insurance’s claims process, noting that it can be slow or difficult to navigate. Some customers have also reported issues with billing and payments, although these complaints are relatively rare.

Despite these issues, most customers appear to be satisfied with their experiences with TICO Insurance. Customers appreciate the company’s competitive rates and friendly customer service, and many have recommended the company to friends and family members.

Overall, TICO Insurance appears to be a solid choice for customers looking for affordable car insurance coverage. While some customers have experienced issues with claims and billing, many others have had positive experiences with the company’s rates and customer service.

Frequently Asked Questions

What is TICO Insurance?

TICO Insurance is a life insurance company that offers a range of products to meet the needs of its customers. The company is based in Texas and was founded in 1948.

What types of life insurance does TICO Insurance offer?

TICO Insurance offers a range of life insurance products, including term life insurance, whole life insurance, and universal life insurance.

How do I apply for life insurance with TICO Insurance?

You can apply for life insurance with TICO Insurance by contacting an agent or by visiting the company’s website. You will need to provide information about your health and lifestyle, as well as information about the type and amount of coverage you are seeking.

What factors affect the cost of life insurance?

The cost of life insurance is determined by a variety of factors, including the age, health, and lifestyle of the policyholder, as well as the type and amount of coverage being sought.

How can I pay my premiums for my TICO Insurance policy? \

TICO Insurance offers a variety of payment options, including automatic payments, online payments, and payments by mail.

How can I make changes to my TICO Insurance policy?

You can make changes to your TICO Insurance policy by contacting an agent or by logging in to your online account.

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Scott W. Johnson

Licensed Insurance Agent

Scott W Johnson is an independent insurance agent in California. Principal Broker and founder of Marindependent Insurance Services, Scott brings over 25 years of experience to his clients. His Five President’s Council awards prove he uses all he learned at Avocet, Sprint Nextel, and Farmers Insurance to the benefit of his clients. Scott quickly grasped the unique insurance requirements of his...

Licensed Insurance Agent

Ty Stewart

Licensed Insurance Agent

Ty Stewart is the founder and CEO of SimpleLifeInsure.com. He started researching and studying about life insurance when he got his first policy for his own family. He has been featured as a life insurance expert speaker at agent conventions and in top publications.  As an independent licensed life insurance agent, he has helped clients nationwide to secure affordable coverage while making the...

Licensed Insurance Agent

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

Free Insurance Comparison

Compare quotes from the top insurance companies and save!

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