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Central Reserve Life Insurance Company: Customer Ratings & Reviews [2024]

Central Reserve Life Insurance Company is your trusted partner for long-term financial goals, offering tailored life insurance and annuity products with an A- (Excellent) rating from A.M. Best.

UPDATED: Apr 23, 2024Fact Checked

Written by:

Eric Stauffer

Licensed Insurance Agent

Eric Stauffer is an insurance agent and banker-turned-consumer advocate. His priority is educating individuals and families about the different types of insurance coverage. He is passionate about helping consumers find the best coverage for their budgets and personal needs. Eric is the CEO of C Street Media, a full-service marketing firm and the co-founder of ProperCents.com, a financial educat...

Full Bio →
Written by Eric Stauffer

Licensed Insurance Agent

Reviewed by:

Dani Best

Licensed Insurance Producer

Dani Best has been a licensed insurance producer for nearly 10 years. Dani began her insurance career in a sales role with State Farm in 2014. During her time in sales, she graduated with her Bachelors in Psychology from Capella University and is currently earning her Masters in Marriage and Family Therapy. Since 2014, Dani has held and maintains licenses in Life, Disability, Property, and Casualt...

Full Bio →
Reviewed by Dani Best

Licensed Insurance Producer

UPDATED: Apr 23, 2024

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 provider and cannot guarantee quotes from any single provider.

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

UPDATED: Apr 23, 2024

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 provider and cannot guarantee quotes from any single provider.

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

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UPDATED: Apr 23, 2024Fact Checked
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Central Reserve Life Insurance Company

Average Monthly Rate For Good Drivers

$96

A.M. Best Rating:

A-

Complaint Level:

Low

Pros

  • A- (Excellent) rating from A.M. Best
  • Positive customer reviews and personalized service
  • Flexible coverage options
  • Competitive and affordable rates

Cons

  • Coverage and rates may vary based on individual factors and state availability
  • No mobile app currently available for customers
Central Reserve Life Insurance Company is a trusted provider of life insurance and annuity products. For over 80 years, they have been committed to providing quality service and financial protection to their customers. Whether you are looking for coverage for yourself or your family, Central Reserve Life Insurance Company has a variety of options to choose from. In this article, we will explore the company's history, mission, and the products and services they offer. We will also provide information on the cost of these services, states where they are offered, discounts available to customers, and customer reviews.

Central Reserve Life Insurance Company is an insurance provider that offers a range of life insurance and annuity products to meet individual needs. The company has an A- (Excellent) rating from A.M. Best and a low complaint level.

While the cost of their products will vary depending on several factors, including age, health, and coverage type, the company offers competitive and affordable rates. However, coverage and rates vary based on individual factors and may not be available in all states.

Central Reserve Life Insurance Company provides personalized service and support to build lasting relationships with customers and offers flexibility in policy options to adjust coverage as needed.

What You Should Know About Central Insurance

Company Contact Information:

  • Phone: 1-800-669-9030
  • Email: customerservice@crlcorp.com
  • Mailing Address: Central Reserve Life Insurance Company, P.O. Box 26490, Austin, TX 78755-0490

Parent or Child Companies: Central Reserve Life Insurance Company is a subsidiary of the Kemper Corporation, a diversified insurance holding company.

Financial Ratings: Central Reserve Life Insurance Company has an A- (Excellent) rating from A.M. Best.

Read More: Top Life Insurance Providers

Customer Service Ratings: Customer reviews of Central Reserve Life Insurance Company are generally positive, with many customers noting the company’s personalized service and support.

Claims Information: Central Reserve Life Insurance Company offers a variety of ways for customers to file claims, including online, by phone, and by mail

Company Apps: Central Reserve Life Insurance Company does not currently offer a mobile app for customers. the company does provide online resources and customer self-service options through their website.

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Central Insurance Coverage Options

Central Reserve Life Insurance Company offers a range of life insurance and annuity products to meet individual needs. These coverage options include:

  • Term life insurance: Provides coverage for a set period of time and typically has lower premiums than permanent life insurance.
  • Whole life insurance: Provides coverage for the insured’s entire life and includes a savings component that builds cash value over time.
  • Universal life insurance: Provides flexible coverage options and allows policyholders to adjust their premiums and death benefits.
  • Final expense insurance: Provides coverage to help pay for end-of-life expenses such as funeral costs.
  • Annuities: Offers income and investment options that can help policyholders achieve long-term financial goals.

These coverage options can be customized to meet individual needs and goals. Central Reserve Life Insurance Company provides personalized service and support to help customers choose the right coverage options for their unique situation.

Central Insurance Rates Breakdown

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Driver ProfileCentral Reserve Life InsuranceNational Average
Clean Record$223$119
1+ Ticket$269$147
1+ Accident$346$173
DUI$442$209
Poor Credit$383$205

*monthly rates are based on an average of minimum and full coverage for a 45-year-old male driver

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Central Insurance Discounts Available

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DiscountsCentral Reserve Life Insurance
Anti Theft12%
Good Student14%
Low Mileage10%
Paperless9%
Safe Driver13%
Senior Driver9%

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Central Reserve Life Insurance Company offers several discounts to help customers save on their insurance premiums. These discounts include:

  • Multi-policy discount: Save on your premium when you have more than one policy with Central Reserve Life Insurance Company.
  • Safe driver discount: Receive a discount if you have a clean driving record.
  • Good student discount: Students with good grades may be eligible for a discount on their insurance premium.
  • Mature driver discount: Drivers over a certain age may be eligible for a discount on their premium.
  • Non-smoker discount: If you’re a non-smoker, you may qualify for a discount on your insurance premium.
  • Group discount: If you’re a member of a qualifying organization, you may be eligible for a discount on your insurance premium.

These discounts can help customers save money on their insurance premiums, but availability and eligibility may vary by state and policy type. Contact Central Reserve Life Insurance Company to learn more about the discounts available in your area.

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How Central Insurance Ranks Among Providers

  • State Farm: A leading insurance company that offers a wide range of coverage options, including life insurance and annuities.
  • Allstate: Another popular insurance company that provides a variety of coverage options, including life insurance and annuities.
  • Nationwide: A well-known insurance company that offers a range of insurance products, including life insurance and annuities.
  • American National: An insurance company that specializes in life insurance and annuities, and offers a variety of coverage options to meet individual needs.
  • Mutual of Omaha: A trusted insurance company that offers a variety of life insurance and annuity products.

While Central Reserve Life Insurance Company has a strong reputation for personalized service and support, these competitors may offer similar or alternative coverage options that may be more suitable for some customers. It’s important for individuals to carefully compare their options and choose the insurance company that best meets their unique needs and goals.

Frequently Asked Questions

Is Central Reserve Life Insurance Company a good choice?

Central Reserve Life Insurance Company is a trusted provider with an A- (Excellent) rating from A.M. Best and positive customer reviews. They offer personalized service, flexible coverage options, and competitive rates.

How can I file a claim with Central Reserve Life Insurance Company?

To file a claim, contact your agent or representative from Central Reserve Life Insurance Company. They will guide you through the process and provide the necessary documentation.

Can I change my coverage with Central Reserve Life Insurance Company?

Yes, Central Reserve Life Insurance Company offers flexibility in their policies, allowing you to adjust your coverage as your needs change. Consult with your agent to make any changes to your policy.

What types of annuity products does Central Reserve Life Insurance Company offer?

Central Reserve Life Insurance Company offers a variety of annuity products, including fixed annuities and indexed annuities. You can explore these options to find the right fit for your financial goals.

How can I obtain a quote from Central Reserve Life Insurance Company?

To get a quote from Central Reserve Life Insurance Company, you can use their free quote tool on their website. Simply enter your ZIP code to compare quotes from different insurance providers and explore the options available to you.

Compare Insurance Providers Rates to Save Up to 75%

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Written by:

Eric Stauffer

Licensed Insurance Agent

Eric Stauffer is an insurance agent and banker-turned-consumer advocate. His priority is educating individuals and families about the different types of insurance coverage. He is passionate about helping consumers find the best coverage for their budgets and personal needs. Eric is the CEO of C Street Media, a full-service marketing firm and the co-founder of ProperCents.com, a financial educat...

Full Bio →
Written by Eric Stauffer

Licensed Insurance Agent

Reviewed by:

Dani Best

Licensed Insurance Producer

Dani Best has been a licensed insurance producer for nearly 10 years. Dani began her insurance career in a sales role with State Farm in 2014. During her time in sales, she graduated with her Bachelors in Psychology from Capella University and is currently earning her Masters in Marriage and Family Therapy. Since 2014, Dani has held and maintains licenses in Life, Disability, Property, and Casualt...

Full Bio →
Reviewed by Dani Best

Licensed Insurance Producer

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

Reviews
for Central Insurance

3.77 (48 reviews)
1
December 26, 2023

KarisKids5

Do not waste your time

I am NOT nor will I ever be a policy holder. My daughter was involved in an accident and the driver at fault has this insurance company. She was spoken to ONCE by an agent and was told that she would have an answer from you within 24-48 hours. It has now been a week and we have heard NOTHING. They are not getting back to our insurance agency either. My daughter is without a car and they are not answering about a rental for her or the other q...
I am NOT nor will I ever be a policy holder. My daughter was involved in an accident and the driver at fault has this insurance company. She was spoken to ONCE by an agent and was told that she would have an answer from you within 24-48 hours. It has now been a week and we have heard NOTHING. They are not getting back to our insurance agency either. My daughter is without a car and they are not answering about a rental for her or the other questions that need to be answered. Save yourself the time and the frustration. One of the worst!
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1
February 4, 2022

Ashlyn

Lack of correct info

Very frustrated with our experience. We went through insure right for our policy and there was not great communication. We had trouble getting the correct Information and we were told a problem was covered and it was not. We then found a cheaper option and so we cancelled and were told we had would not be charged extra and we were good to go then we got a bill. We called saying that we had been told we were good to go but they said there was noth...
Very frustrated with our experience. We went through insure right for our policy and there was not great communication. We had trouble getting the correct Information and we were told a problem was covered and it was not. We then found a cheaper option and so we cancelled and were told we had would not be charged extra and we were good to go then we got a bill. We called saying that we had been told we were good to go but they said there was nothing they could do unless they talked to the person who told us. We had no record of who we had talked too. We were fine paying but it was the lack of correct information and communication and it seemed like no one was on the same page so we it kind of ruined our experience
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3
January 12, 2020

Jack-Rider

Quality work

A great company with a valuable work and great quality and also with dedicated members and company workers.
4
June 22, 2019

reviewer12345

Quick fix on a wrecked vehicle where fault was questioned

Step daughter was involved in a car wreck in a parking lot where the other driver was not paying attention and took the front end of her car off. Central wasted no time fixing the vehicle in a situation where the other driver was claiming she was the one that was hit. Great company to work with that also has fair premiums for teenage drivers.
5
March 28, 2019

Dessgrand

Central Insurance- best rates w awesome customer service

Central insurance gave me the best rates for the coverage. Professional and very helpful with quality customer service
4
December 22, 2018

Dimaa

Didn't encounter any incident till now

Till now normal . The agent was helpful over the the phone. Thanks God I didn't encounter any incidents or accidents so far
4
December 15, 2018

PandJ

Good Company

Pretty good company they have had decent rates and they will work with you if you are going to be late on paying your payment if you need them to
4
December 13, 2018

Amya5

Very good experience

Our experience with Central Insurance has been very good. We have had 3 claims with them and each one was handled quickly and professionally. We have not had huge increases in premiums and our agent is excellent.
3
July 19, 2018

RLM

Insurance

Although I have not filed any claims, I have had no problems with this company. I get loyalty and payment timeliness discounts.
5
March 1, 2018

Sannipanni

Great price point

We switched our car insurance policies to Central Insurance Company when we bought our house to qualify for the multi policy discount. None of our previous companies could Match the price! So far we’ve used our insurance to repair windshield chips and they quickly sent someone out to fix them. Customer service has been great!
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<h3>Central Reserve Life Insurance Company Monthly Auto Insurance Rates</h3>
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