The Standard Auto Insurance Review (2020)
When looking for The Standard auto insurance, you may find conflicting results. The Standard Insurance Group provides standard and non-standard auto and home insurance policies in Texas only. Save up to 40% on your auto insurance rates by comparing your The Standard auto insurance rates against other top auto insurance company quotes.
- The Standard, was founded in 1906 in Portland, Oregon.
- The Standard covers over 8.5 million people in the United States through life and disability insurance.
- Auto insurance coverage is not offered by The Standard Insurance Company.
If you are looking for the best auto insurance companies online and search for The Standard, your results may be confusing.
A quick search of The Standard Auto Insurance Company provides a range of misleading results given that the word “standard” itself triggers a number of unrelated topics in the insurance field alone; combine that confusion with auto insurance offered by a Standard Insurance Company based in Plano, Texas, that has no affiliation, and you’ll be left with even more questions.
Lucky for you, we have the answers to cut through this mixed bag of search results to give you a clear and concise depiction of who is The Standard Car Insurance Company.
What kinds of insurance does The Standard offer? Does The Standard auto insurance offer car insurance? Is the Standard reliable? And where is The Standard insurance car insurance available?
Our The Standard Auto Insurance review provides all the information you need to know about the American insurance and financial advisory subsidiary of StanCorp Financial Group, Inc.
If you’d rather skip the explanations about differing standard insurance companies and start comparison shopping auto insurance policies right now, then try out our free online quote option by typing in your ZIP code. We’ll send you detailed quotes from multiple providers in no time, so you can make the best-educated decision when it comes to your local auto coverage options.
Does The Standard sell auto insurance?
To clarify, The Standard insurance company being reviewed is a wholly-owned subsidiary of the StanCorp Financial Group that has no affiliation with any company that shares its namesake; at least two other prominent yet smaller insurance companies, Reliance Standard and the Standard Insurance Agency, come up frequently in search results.
Is Reliance Standard good Insurance? Who is the standard insurance lady? And, who owns Standard insurance in Texas? These are all frequently asked questions involved in a typical The Standard google search that will not be covered as they pertain to different Standard insurance companies.
The Standard Insurance company we are reviewing here specializes in financial advising as well as life and disability insurance.
It services an average of 8.5 million people individually in the U.S. with group plans and individual disability coverage from over 30,000 employer benefits programs.
According to the 2018 U.S. Census Bureau reports, close to 70 percent of the population is covered by private insurance with around 159 million of those being employer-based coverage; that means The Standard is roughly making up close to 20 percent of total coverage in America through employer-based plans.
What kinds of policies does The Standard auto insurance offer? And how expensive is The Standard’s auto insurance?
If you’re looking for cheap auto insurance rates, then you will have to find a different third party auto insurance company. The Standard does not currently offer any form of auto insurance coverage.
The coverage offered includes The Standard Insurance Company disability, life, and annuities insurance as well as The Standard retirement planning options.
The video below gives an overview of the company mission statement and overall efforts to assist through disability insurance products it provides its clients.
Since the company focuses on group life and disability insurance, there is no specific number or average rates for potential customers to review in regards to The Standard’s auto insurance cost.
For those of you reading who are actively searching for average auto rates, we have gone ahead and included some estimates by states in the table below.
|States||Average Annual Comprehensive Auto Insurance
|District of Columbia||$230.25|
These average rates by state for comprehensive auto insurance should give you a better idea of what you might spend on coverage and is one of the best ways to compare auto insurance company rates.
Since auto insurance is essential to any and all motorists, drivers should also keep in mind that even a single-car accident can have an impact on your auto insurance rates, as this table shows:
|Companies||Average Annual Rates With a Clean Driving Record||Average Annual Rates With 1 Accident||Average Annual Rates With 1 DUI||Average Annual Rates With 1 Speeding Violation|
Get Your Rates Quote Now
We would like to press on readers the importance of these price points and maintaining affordable auto insurance through safe driving practices, but it is also important to reiterate that these averages are not for any form of auto insurance from The Standard.
Who owns The Standard auto insurance?
As mentioned previously, The Standard does not offer any form of auto insurance coverage, but the company is owned by StanCorp Financial group headquartered in Portland, Oregon. As of 2016, though, Meiji Yasuda, a Japanese mutual insurance group, purchased Stancorp Financial for $5 billion.
Even after the recent purchase, StanCorp remains American based as The Standard insurance company revenue is still primarily being made through group employer benefits packages in 49 states and Washington, DC.
Where is The Standard located?
For any mail-in inquiries or claims, The Standard directs customers to use the following address: P.O. Box 711, Portland, Oregon 97207
The Standard’s physical address, though, is 1100 S W Sixth Avenue, Portland, Oregon, 97207.
Does The Standard have agents?
The Standard does have agents or brokers who they partner with to help clients understand their disability and life insurance policies. It seems that these brokers, however, are not necessarily available to contact directly through The Standard.
Individual brokers would then need to be contacted who are partnered with The Standard or policies can be purchased through group or business-related contracts.
There does not seem to be any individual agents or brokers to contact directly for The Standard.
And since you can’t receive a quote for The Standard car insurance from an agent, you should try out our free online quote option. All you have to do is type in your ZIP code, and we will send you detailed quotes from multiple auto insurance companies in your area. It’s that simple.
How do I file a claim with The Standard?
There is no Standard auto insurance claims process since the company does not offer auto coverage.
How does The Standard Insurance handle claims?
Like the majority of modern insurance companies, The Standard has moved most of its claims filing online through portals on its website.
Clients can easily login to accounts and choose from the variety of coverage options to report each claim.
The Standard Insurance Company disability forms as well as individual life insurance and benefits forms can all be accessed online as well. Forms can be submitted electronically or mailed to P.O. Box 2800, Portland, Oregon, 97208.
Customers can also check The Standard claim status by accessing their accounts through The Standard Insurance Company provider login portal online.
For individuals who need assistance with the online claims process, The Standard offers a variety of contact options by phone dependent upon the policy or plan.
- Retirement plans
- Employee benefits
- Dental or vision
Phone: 1-888-396-8641 (In NY)
- Life or AD&D
Phone: 1-800-378-6059 (In NY)
- Group Long Term Disability Service
Phone: 1-800-426-4332 (In NY)
- Group Short Term Disability Service
Phone: 1-800-426-4332 (In NY)
- Individual Disability Service
Phone: 1-800-378-6057 (In NY)
- Group Accident, Critical Illness and Hospital Indemnity Insurance Claims
Phone: 1-866-409-7661 (In NY)
- Absence Management Service
Phone: 1-866-757-1984 (In NY)
- Group Long Term Disability Service
There is no contact info for The Standard auto insurance.
Are customers happy with the claims process?
It seems customer reviews involving the claims process are a bit of a mixed bag just like the original search results. ConsumerAffairs does not rate The Standard Insurance Company very highly with the company only receiving 1 out of 5 stars; the company is rated poorly on the site for its many negative reviews, the majority of which involve disability claims that were not fully honored.
However, the consumer watchdog agency the Better Business Bureau (BBB) rates The Standard Insurance Company in its hometown of Portland, Oregon favorably giving it an A+ grade for overall customer satisfaction.
How do I get a quote from The Standard?
Receiving a quote is an important step when choosing an auto insurance company, but in this case, you would have to seek out a third-party auto insurance provider.
There is no The Standard auto insurance quote made available to clients as the company does not offer auto coverage.
The remaining insurance products that the insurance company does offer are also not given easy quote options either.
Individual quotes are not available for The Standard as the majority of the company’s plans are sold as group or business policy contracts. For information regarding group plans or even individual quotes on annuities and life insurance, customers can access contact information for financial advisors online.
The Standard is a financial advising company based in Portland, Oregon, that specializes in life and disability insurance as well as retirement planning. Unfortunately, the company does not offer any form of auto insurance coverage, and it does not look like it will be venturing into that field of the insurance market anytime in the future either.
Have we made it clear which The Standard insurance company you’re looking at from the several options in your google search results?
Since auto insurance from The Standard is essentially a dead end, try out our free online quote option to start comparison shopping auto insurance policies today. Just type in your ZIP code, and before you know it, we’ll send you detailed quotes from multiple auto insurance companies in your area.
Frequently Asked Questions: The Standard Auto Insurance
Does The Standard have coverage for auto insurance? Now you know. For any unanswered questions, look at our list below.
#1 – How does The Standard auto insurance compare to other providers?
The Standard does not offer auto insurance, so it is hard to compare them to other auto insurance companies. Two different companies that share variations on the same namesake Standard Insurance do offer auto insurance, but The Standard remains focused on financial advising as well as life and disability insurance.
In The Standard’s field of group insurance plans, the company is quite popular servicing over 8.5 million individuals. The Standard also does very well in employee satisfaction with GlassDoor reporting a rating of nearly 4 out 5 stars in overall job approval with an 81 percent approval rating for the CEO.
#2 – What is The Standard auto insurance’s A.M. Best Rating
The Standard does not have an A.M. Best rating for auto insurance since the company does not offer any form of auto coverage. However, The Standard’s A.M. Best credit rating is excellent with an A+ grade for long term financial stability.
#3 – What kind of discounts does the Standard auto insurance offer?
The Standard does not offer any kind of auto insurance discount because it is not involved in the auto insurance industry. The company does specialize in group and company plans that offer discounted rates for life and disability insurance to employees participating in those plans.