MAPFRE Auto Insurance Review (2024)

What You Should Know About MAPFRE Insurance

MAPFRE Insurance Company of Florida offers coverage in eight states and Puerto Rico. In addition, the company provides MAPFRE auto insurance quotes in some states and sells policies via local agents.

According to the National Association of Insurance Commissioners (NAIC), MAPFRE has a higher-than-average number of customer complaints for a company of its size. If you’re considering purchasing an insurance policy with MAPFRE, read the reviews online to see what current customers say.

MAPFRE acquired Commerce Insurance, and Commerce insurance reviews are similar to its parent company. For example, the Commerce insurance rating for financial strength is an A (Excellent) with A.M. Best, though MAPFRE no longer has a rating with the company.

MAPFRE Insurance Coverage Options

MAPFRE offers standard liability coverage to meet the minimum requirements in certain states, including:

• Property damage liability
• Bodily injury liability
• Medical payments
• Personal injury protection
• Uninsured/underinsured motorist
• Collision coverage
• Comprehensive coverage

In addition, MAPFRE offers add-on coverage options, including:

• Disappearing deductible. Lower your deductible over time with a clean driving record.
• Accident forgiveness. Avoid increasing rates even if you’re at fault in an accident.

Depending on the coverage you’re looking for, you may find that MAPFRE car insurance is a practical option in your area.

What other types of insurance does MAPFRE offer?

In addition to auto insurance, MAPFRE offers:

• Business
• Umbrella
• Watercraft
• Motorcycle
• RV

The company may offer you a discount if you bundle multiple policies, which could help you save money.

MAPFRE Insurance Rates Breakdown

Car insurance rates with MAPFRE vary based on factors like:

• Age
• ZIP code
• Driving record
• Credit score

MAPFRE offers pretty competitive rates on car insurance, but you may find that other companies in your area have better deals on coverage.

First, let’s take a look at what you can expect to pay for minimum coverage across the country.

Now, look at the map below for full coverage rates. The prices may more than double but you are so much better protected if you get into an accident.

As mentioned earlier, your driving record plays a vital role in how insurance companies determine your annual rates. If you have a clean record, you can expect rates similar to the tables above.

However, if you receive a speeding ticket or cause an accident, your rates will increase. Below is a table showing how much you can expect your rates to increase after getting a traffic ticket.

Drivers will see even larger increases if they cause an accident. Look at the chart below to see how insurers raise rates after an accident.

If you’re caught driving under the influence and receive a DUI from an officer, your rates will increase dramatically. Insurance companies consider drivers with a DUI on their record to be high-risk and more likely to file claims. Other events that can affect your car insurance rate are being involved in an at-fault accident or getting a ticket for other traffic violations.

Another factor that determines your car insurance rates, is your credit score. Not all states allow insurance companies to use credit scores as a factor, but most do.

You can see how your credit score can affect your annual premium in the chart below.

If you compare GEICO vs. MAPFRE, you may find that MAPFRE offers cheaper rates in certain situations. Still, it would help to compare car insurance quotes with multiple companies in your area to see which provider offers the coverage you want at the best price.

MAPFRE Insurance Discounts Available

MAPFRE offers a few auto insurance discounts to its policyholders, including:

• Paid-in-full. Save money if you pay for your annual premium all at once.
• Good student. Enjoy a discount for meeting specific GPA criteria.
• Clean-in-three. Save on your insurance coverage if you remain accident-free for three years.

Discounts can help you save a significant amount on car insurance. Speak with a MAPFRE agent today to see how much you could save on coverage.