Allianz Auto Insurance Review (2021)
Allianz auto insurance is only offered on rental cars through their travel insurance program. 38% of Americans use travel insurance, and Allianz is one of the biggest travel insurers in the world. Coverage includes trip cancellation and medical in addition to rental auto insurance.
- Allianz is one of the world’s largest insurance companies, with its international headquarters in Germany
- Allianz sells life insurance, travel insurance, and annuities
- Allianz doesn’t sell regular auto insurance but does cover rental cars through its travel insurance plans
- Allianz auto insurance isn’t offered
Even if you don’t know much about insurance, you’ve probably heard of Allianz. In addition to being one of the oldest insurance companies in the U.S., Allianz is one of the largest insurance companies in the world.
So — does Allianz sell auto insurance coverage? Unfortunately, Allianz does not offer a standard type of auto insurance coverage. So, what type of insurance is Allianz?
Though there’s no Allianz car insurance, Allianz does sell annuities and life insurance.
If you’re wondering how annuities and life insurance can protect you, look no further. In this guide, we’ll walk you through everything you need to know about Allianz’s policies, history, and company structure. We’ll also explain how you can file a claim and obtain a quote using Allianz’s website. When you’re finished reading, you’ll have all the information you need to determine whether Allianz is a good fit for you.
If you’d like to compare auto insurance quotes before reading our Allianz insurance company review, you can enter your ZIP code into the quote box above.
Does Allianz sell auto insurance?
First, let’s talk briefly about Allianz car insurance in the U.S.
Is Allianz car insurance any good? Unfortunately, you’re out of luck. Allianz does not sell auto insurance.
Although Allianz isn’t a car insurance company, it sells a variety of other types of insurance, including annuities, life insurance, and travel insurance. Let’s go over how each of those policies can protect you.
An annuity is an investment contract you create with an insurance company. It allows you as a policyholder to receive income from the insurance company in exchange for a lump sum or regular premiums. Annuities are most commonly used as a financial safety net for retirees.
Allianz also sells life insurance. The main purpose of life insurance is to provide your loved ones with financial compensation after your death. This compensation can go a long way toward paying expenses like medical and funeral costs or outstanding mortgage payments.
Lastly, Allianz is a popular travel insurance provider. Its Global Assistance USA branch can compensate you for canceled flights, medical emergencies, and other incidents that occur while you’re traveling.
If you’re thinking about purchasing Allianz travel insurance, you may be wondering: Will Allianz insure my rental car?
The answer is yes, you can get Allianz car rental insurance even if you can’t get them as the provider of your primary coverage. This is a great option if you don’t want to purchase third-party rental car coverage or insurance directly from the rental company, and it can be of great help if you don’t know what to do after a car accident other emergencies while traveling. It’s also better to be prepared so you don’t end up spending more at the rental car counter when you need insurance last minute and your personal auto insurance isn’t enough.
So, is Allianz rental car coverage good? How reputable is Allianz Global Assistance travel insurance coverage? And what does Allianz rental car insurance cover? Here’s a quick Allianz car rental insurance review: Allianz’s car insurance for rentals has been rated “excellent” on Trustpilot. It offers comprehensive coverage for any damage, overseas protection through Allianz Global Assistance, and 24-hour hotline assistance in case of an emergency with your rental vehicle.
This Allianz rental car insurance Reddit reviews answers: How do I get my money back from Allianz after a charge?
I’ve used Allianz and had a positive experience with them but make sure to read very carefully what you are covered for. My friends and I missed a flight from Nairobi…All three of us were covered by Allianz but I was the only one with “missed connection” covered — they did not. Allianz ended up refunding me the full amount but declining my friends’ claims.
Staying abreast of the different Allianz rental car insurance reviews is a good way to know what other consumers feel about the company.
To contact Allianz global assistance for car rental insurance or to file a car insurance claim with this company, just call the Allianz car insurance phone number: 1-800-654-1908. Allianz travel insurance representatives can answer questions like: When it comes to Allianz travel insurance, when am I to purchase?
Having a travel insurance plan in place can not only help you save in case of necessary trip cancellation, but it can also save on your insurance premium.
In addition to travel insurance and life insurance, Allianz also provides corporate insurance, trade credit insurance, and investment management.
|Insurance Type||Percentage of Americans Who Have This Type of Insurance|
|Trade Credit Insurance||4–7%|
Allianz did once provide general auto insurance through a subsidiary called Fireman’s Fund Insurance Company. However, Allianz closed this subsidiary in 2015, the same year Fireman’s Fund paid $44 million to settle false claims act allegations. Read more in this Firemen’s Auto Insurance review.
Allianz also offers personal car insurance in other countries. For example, Allianz provides car insurance in Germany, the company’s country of origin. How good is Allianz car insurance abroad? That depends on each country’s standard coverages and laws.
What Is The History of Allianz?
Though Allianz is a popular U.S. insurer, it was actually founded in Munich, Germany in 1890 by insurance specialists Carl Thieme and Wilhelm Finck. At this time, it was primarily a transport and accident insurer. By World War I, Allianz was providing insurance to people all around the globe.
In 1973, Allianz became Europe’s largest insurer. Over the next 30 years, Allianz expanded further into North America and Asia, becoming one of the world’s largest insurance companies.
Today, according to Forbes, Allianz boasts $118.8 billion in sales and 142,460 employees. Its headquarters remain in Germany, and its CEO is Oliver Bäte.
They are big, but Is Allianz a good insurance company? They have a good reputation and give back to the community. In the U.S., Allianz empowers young people through the Allianz Foundation for North America. It also sponsors projects related to financial literacy and senior citizens on the local level. In 2019, Allianz Life was included in Fortune 100’s Best Companies to Work For list for the eighth year in a row.
Where is Allianz located?
Allianz is one of the world’s leading international companies. As such, it has locations on nearly every continent.
Allianz’s insurance is available across the U.S., although some benefits may not be available in every state. For example, rental car damage and theft are not covered by Allianz’s travel insurance policies in Kansas, Texas, and New York. Also, you cannot purchase a standard auto insurance policy from the company.
Allianz’s U.S. services are split into seven subsidiaries:
- Allianz Global Assistance USA
- Allianz Global Corporate & Specialty
- Allianz Global Investors
- Allianz Life Insurance Company of North America
- Allianz Life Insurance Company of New York
- Euler Hermes North America Insurance Company
- Pacific Investment Management Company LLC
These subsidiaries are headquartered in Virginia, Illinois, Minnesota, New York, California, and Maryland.
Does Allianz have agents?
Yes, Allianz maintains a network of over 380,000 financial professionals. This network includes independent insurance agents, registered representatives, and insurance advisors.
Because Allianz sells many different insurance types, each agent’s role differs depending on their professional focus. If you have a recurring insurance plan rather than one-time travel insurance with Allianz Global Assistance, for example, an Allianz agent can help you figure out how many days you have to renew your plan after its expiration. An Allianz agent can also help if you have any issues with your Allianz rental car insurance login, or if you have an emergency while traveling.
Next, let’s take a look at the best way to file a claim with Allianz.
How do I file a claim with Allianz?
When you have Allianz insurance, knowing how to file a claim is important.
The claim filing process will be different depending on the type of insurance you have with Allianz. Let’s take a look at two Allianz insurance types: travel insurance and life insurance. If you are not a travel or life insurance policyholder, the best way to learn how to file a claim is to visit Allianz’s website or contact your insurance representative.
There are many reasons to file an auto accident insurance claim online. First, let’s take a look at how to file an Allianz travel insurance claim. To get started, all you have to do is fill out Allianz’s “file a claim” form online, you don’t even have to go back to the rental counter first. This initial form will ask for your email address, phone number, departure date, and Allianz insurance purchase date.
Once you’ve completed this form, Allianz will ask you for proof of your claim, a summary of what happened, and how much you want to be reimbursed. To answer these questions, you’ll need to provide documents like tickets, receipts, and contracts.
If you don’t know what type of documentation you’ll need to file your claim, you can take a look at Allianz’s Required Documentation Checklist.
Next, let’s take a look at filing an Allianz life insurance claim. This process is a little less straightforward.
To file a life insurance claim with Allianz, you’ll first need to answer a few questions online. Then, the designated primary beneficiary will receive a claim form packet in the mail. After Allianz receives this packet, your claim will be processed.
Next, let’s take a look at how you can obtain a quote from Allianz.
How do I get a quote from Allianz?
Getting a quote from an insurance company can help you decide whether its policies fit your budget based on the coverage limit you’ll need. You can also ask the rental company for help with this, because they want you to be covered in case of damage to their vehicle, too. By getting a quote, you can make Allianz travel insurance comparisons.
Each Allianz insurance type has a different quote process. Let’s take a look at how to get quotes for Allianz travel insurance and Allianz life insurance. If you aren’t interested in Allianz travel or life insurance, the best way to obtain a quote from Allianz is to visit your insurance type’s website.
To get a travel insurance quote from Allianz, all you have to do to begin is enter your travel information, state of residence, and age into the Allianz Travel Insurance website’s quote box.
Getting a life insurance quote is a little more complicated. Unlike with travel insurance, the best way to do so is to get in touch with an Allianz life insurance agent. However, Allianz offers a Life Insurance Calculator on its website. While this is not a life insurance quote, it can give you a sense of how much life insurance you will need.
Now that you’ve learned all there is to know about Allianz, it’s time to ask yourself: Is Allianz the right insurer for you?
Are you looking for affordable car insurance coverage? You can compare auto insurance quotes right now by entering your ZIP code into the box below.
#1 – Do I need to buy extra insurance when renting a car?
No, it’s not necessary to buy extra insurance when renting a car; you can use your personal car insurance. Just keep in mind that any damage to the rental car is your financial responsibility. You may be wondering: Why Allianz car insurance? Extra car insurance can be a great supplement if you hit your rental car company’s insurance coverage limit.
It can also give you more comprehensive coverage or provide you an alternative to using your primary insurance. Who is the cheapest car insurance option for a rental car? That depends, but in most cases buying through a travel insurance company is cheaper than buying through a rental car company.
#2 – Does Allianz car rental insurance include roadside assistance?
Yes, Allianz rental car insurance provides 24-hour roadside assistance. The Allianz rental car insurance contact number is 1-800-654-1908.
#3 – Where and how do I renew Allianz rental car insurance?
The easiest way to renew your Allianz insurance is to visit Allianz’s website or call your Allianz agent. Each insurance type has its own renewal form.
#4 – How do I cancel Allianz rental car insurance?
Rental car insurance is included in an Allianz travel insurance policy for no additional cost. You can cancel Allianz travel insurance on the company’s website or by calling an Allianz insurance agent. Allianz does not offer “cancel for any reason” travel insurance. However, there are many covered reasons for trip cancellation at Allianz that can help reimburse you for the trip cost. These reasons include:
- Sudden covered medical emergencies
- The birth of a family member’s child
- The death of a travel companion or family member
- Financial default of a covered airline, cruise line, or tour operator
- Legal separation or divorce
- Jury duty
If you want to cancel your plans, make sure you do so at least 72 hours in advance of your trip in order to meet the terms of your travel insurance policy.
#5 – How does Allianz ticket insurance work?
Allianz’s ticket insurance, part of their travel insurance policy, can reimburse you for event tickets if you can’t attend an event for the following reasons:
- Covered illness or injury
- Traffic accidents
- Mechanical breakdown
- Carrier delay
- Home or business issues
- Care for a family member
- Employer termination
- Jury duty
- Work relocation
- Military duty
If you can’t attend an event for the above reasons, you are eligible for compensation through Allianz ticket insurance. This is not the same as trip interruption coverage, though, so make sure you discuss the difference with your Allianz Global Assistance agent.