Parker Centennial Assurance Company Review (2024)

Parker Centennial Assurance Company stands as a trusted ally, celebrated for its customer-centric approach, competitive rates, and unwavering financial stability in safeguarding what matters most.

UPDATED: Apr 23, 2024Fact Checked

Laura D. Adams

Insurance & Finance Analyst

Laura Adams is one of the nation’s leading finance, insurance, and small business authorities. As an award-winning author, spokesperson, and host of the top-rated Money Girl podcast since 2008, millions of readers and listeners benefit from her practical advice. Her mission is to empower consumers to live healthy and rich lives by planning for the future and making smart money decisions. She rec...

Insurance & Finance Analyst

Daniel Walker

Licensed Insurance Agent

Daniel Walker graduated with a BS in Administrative Management in 2005 and has run his family’s insurance agency, FCI Agency, for over 15 years (BBB A+). He is licensed as an insurance agent to write property and casualty insurance, including home, life, auto, umbrella, and dwelling fire insurance. He’s also been featured on sites like Reviews.com and Safeco. To ensure our content is accura...

Licensed Insurance Agent

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.

UPDATED: Apr 23, 2024Fact Checked
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Parker Centennial Assurance Company

Average Monthly Rate For Good Drivers

$100

A.M. Best Rating:

A+

Complaint Level:

Low

Pros

  • Diverse range of insurance options
  • Customer-centric approach
  • Strong financial stability
  • Competitive rates
  • Excellent customer satisfaction

Cons

  • Limited regional availability
  • May not be the cheapest option for all customers
  • Some policy customization options may be complex for beginners

Parker Centennial Assurance Company, a trusted name in insurance, offers a diverse range of coverage options, including auto, home, life, and business insurance, to protect what matters most to customers.

With an unwavering commitment to a customer-centric approach and a competitive edge rooted in experience and innovation, Parker Centennial Assurance Company ensures that clients receive tailored, reliable coverage.

Their strong financial stability guarantees support when needed, while real-life customer testimonials underscore their reputation for delivering protection and peace of mind.

Whether you’re safeguarding your home, your family’s future, or your business endeavors, Parker Centennial Assurance Company stands ready to be your trusted partner in securing a brighter tomorrow.

Parker Centennial Assurance Company Insurance Coverage Options

Parker Centennial Assurance Company offers a wide range of coverage options to meet the diverse needs of its customers. These coverage options include:

  • Auto Insurance: Comprehensive coverage for your vehicles, including liability, collision, and more.
  • Home Insurance: Protection for your home and belongings, covering incidents like fire, theft, and natural disasters.
  • Life Insurance: Policies designed to provide financial security to your loved ones in case of unexpected events.
  • Business Insurance: Tailored solutions to safeguard your business, including liability, property, and more.

These coverage options are designed to offer peace of mind and protection in various aspects of life, from your personal vehicles and home to your family’s financial security and your business endeavors. Parker Centennial Assurance Company strives to provide comprehensive coverage to ensure you’re prepared for whatever life may bring your way.

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Parker Centennial Assurance Company Insurance Rates Breakdown

Driver ProfileParker Centennial AssuranceNational Average
Clean Record$150$119
1+ Ticket$140$147
1+ Accident$170$173
DUI$210$209
Poor Credit$258$205

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

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Parker Centennial Assurance Company Discounts Available

DiscountParker Centennial Assurance
Anti Theft10%
Good Student9%
Low Mileage7%
Paperless11%
Safe Driver25%
Senior Driver8%

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Parker Centennial Assurance Company offers a range of discounts to help policyholders save on their insurance premiums. These discounts are designed to make insurance more affordable while still providing robust coverage. Here are some of the discounts typically offered by the company:

  • Multi-Policy Discount: Save money by bundling multiple insurance policies, such as auto and home insurance, with Parker Centennial Assurance Company.
  • Safe Driver Discount: Rewarding policyholders with a clean driving record, this discount recognizes safe driving habits and lower accident risk.
  • Home Security Discount: If you have a home security system in place, you can qualify for this discount, which reflects the reduced risk of theft or property damage.
  • Good Student Discount: Students with excellent academic records often qualify for this discount, as responsible academic performance can correlate with responsible behavior on the road.
  • Multi-Car Discount: Insure multiple vehicles under the same policy and enjoy discounted rates for each additional vehicle.
  • Claims-Free Discount: Policyholders who haven’t filed any claims during a specified period may be eligible for this discount.
  • Loyalty Discount: Long-time customers who stay with Parker Centennial Assurance Company may enjoy special discounts as a reward for their loyalty.

These discounts can significantly reduce insurance premiums, making coverage more affordable for policyholders while maintaining the same level of protection. It’s essential to check with Parker Centennial Assurance Company to see which discounts you may be eligible for, as they can vary depending on your specific policy and location.

How Parker Centennial Assurance Company Ranks Among Providers

Parker Centennial Assurance Company operates in a highly competitive insurance industry, and it faces competition from several well-established insurance providers. The company’s main competitors include:

  • State Farm: State Farm is one of the largest insurance providers in the United States, offering a wide range of insurance products, including auto, home, and life insurance. They have a vast network of agents and a strong presence in the market.
  • Allstate: Allstate is another major player in the insurance industry, known for its extensive advertising and comprehensive coverage options. They provide various insurance products and have a strong focus on customer service.
  • Geico: Geico, known for its catchy advertising campaigns, specializes in auto insurance but also offers other types of coverage. They often compete on price and accessibility, thanks to their online and phone-based services.
  • Progressive: Progressive is renowned for its innovative approach to auto insurance and a strong emphasis on technology. They offer competitive rates and have a variety of coverage options.
  • Nationwide: Nationwide is a well-established insurer with a broad portfolio of insurance products, including auto, home, and pet insurance. They are known for their strong agent network.
  • Farmers Insurance: Farmers Insurance provides a range of insurance products and is known for its personalized service through its network of agents.
  • Liberty Mutual: Liberty Mutual is a global insurance company with a wide array of insurance offerings, including auto, home, and business insurance.
  • USAA: While primarily serving the military community, USAA offers competitive insurance options for military members and their families, often receiving high customer satisfaction ratings.

These competitors, along with many others in the insurance industry, continually vie for market share by offering various coverage options, discounts, and customer service experiences. Parker Centennial Assurance Company must differentiate itself and provide unique value to remain competitive in this crowded marketplace.

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Claims Process at Parker Centennial Assurance Company

Ease of Filing a Claim

Parker Centennial Assurance Company prioritizes the ease of filing a claim, offering multiple convenient channels for policyholders.

Whether it’s filing a claim online, over the phone, or through user-friendly mobile apps, policyholders have the flexibility to choose the method that best suits their needs. This commitment to convenience ensures that policyholders can quickly and efficiently initiate the claims process.

Average Claim Processing Time

Parker Centennial Assurance Company places a strong emphasis on swift and efficient claim processing. They aim to minimize claim processing times, providing policyholders with prompt assistance during critical situations. This dedication underscores their commitment to delivering excellent customer service and ensuring that policyholders receive timely support.

Customer Feedback on Claim Resolutions and Payouts

Customer feedback on claim resolutions and payouts is highly valued by Parker Centennial Assurance Company. They actively seek and consider input from policyholders, recognizing the importance of transparency and customer satisfaction in the claims process. Positive feedback serves as a testament to their commitment to fair and satisfactory claim settlements.

Digital and Technological Features by Parker Centennial Assurance Company

Mobile App Features and Functionality

Parker Centennial Assurance Company offers a comprehensive mobile app with features designed to simplify policy management.

Compatible with both Android and iOS devices, the app allows policyholders to file claims, access policy details, and perform various insurance-related tasks conveniently from their smartphones or tablets. This mobile app enhances convenience, providing users with easy access to insurance-related functions while on the go.

Online Account Management Capabilities

Parker Centennial Assurance Company provides 24/7 online account management capabilities to enhance policyholders’ convenience. Their user-friendly online platform enables seamless management of insurance accounts.

Policyholders can conveniently handle tasks such as premium payments, policy reviews, and claim tracking online. This online account management feature ensures that policyholders have efficient access to their insurance information whenever they need it.

Digital Tools and Resources

Parker Centennial Assurance Company goes beyond the basics by offering a range of digital tools and resources. These resources empower policyholders with information and guidance to make informed insurance decisions.

Whether it’s educational materials or interactive tools for financial planning, Parker Centennial is committed to providing valuable digital resources to support its customers’ insurance needs.

Frequently Asked Questions

What types of insurance does Parker Centennial Assurance Company offer?

Parker Centennial Assurance Company offers a range of insurance options, including auto, home, life, and business insurance.

How does the company’s customer-centric approach benefit policyholders?

The company prioritizes understanding customers’ unique needs, ensuring tailored coverage and excellent service.

What discounts are available to policyholders with Parker Centennial Assurance Company?

Discounts may include multi-policy, safe driver, home security, good student, multi-car, claims-free, and loyalty discounts.

Is Parker Centennial Assurance Company financially stable?

Yes, the company has a strong financial rating (A+) from A.M. Best, indicating its stability.

Are there customer testimonials or success stories available?

Yes, real-life customer testimonials highlight the company’s commitment to protection and peace of mind.

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Laura D. Adams

Insurance & Finance Analyst

Laura Adams is one of the nation’s leading finance, insurance, and small business authorities. As an award-winning author, spokesperson, and host of the top-rated Money Girl podcast since 2008, millions of readers and listeners benefit from her practical advice. Her mission is to empower consumers to live healthy and rich lives by planning for the future and making smart money decisions. She rec...

Insurance & Finance Analyst

Daniel Walker

Licensed Insurance Agent

Daniel Walker graduated with a BS in Administrative Management in 2005 and has run his family’s insurance agency, FCI Agency, for over 15 years (BBB A+). He is licensed as an insurance agent to write property and casualty insurance, including home, life, auto, umbrella, and dwelling fire insurance. He’s also been featured on sites like Reviews.com and Safeco. To ensure our content is accura...

Licensed Insurance Agent

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.

Free Insurance Providers Comparison

Compare Insurance Providers Rates to Save Up to 75%

secured lock Secured with SHA-256 Encryption