Is AXA Car Insurance Any Good?

3.8 out of 5 stars on TrustPilot AXA has received a 3.8 out of five star rating from TrustPilot, based on 3,160 reviews, which is considered “excellent.” To ensure transparency, the company posts reviews immediately and without modification.

Is AXA a reliable company?

A+ rating from the Better Business Bureau (BBB) can be found under AXA Financial. In the last three years, there have been 42 customer complaints on file, 18 of which have been resolved in the last twelve months. For such a large corporation, this is a surprisingly low number of complaints. Since 1937, AXA Equitable has been BBB recognized.

While AXA Equitable has a lot of reviews on their own website, we couldn’t discover anything in the way of actual customer reviews anywhere else. As a general rule, we don’t base our recommendations on reviews discovered on a company’s website because the company’s capacity to regulate and curate the reviews that are displayed on their own site has a tendency to bias overall life insurance ratings in the company’s favor.

In 2016, AXA prevailed in a case brought by investors who claimed they had been overcharged on annuity products. The fees were found to be fair and reasonable by the judge.

Following the 2016 verdict, the corporation was hit with two new lawsuits, both filed in January 2017. The corporation was accused of imposing unreasonable fee increases, according to these individuals. There is no more information on the status of these cases at the time of this review.

Neither of AXA Equitable’s recent legal challenges raises huge red signals; growing rates on universal insurance are common among many similar organizations, and AXA isn’t the only one to face legal action as a result. As a result, it is less of a problem for the company’s reputation.

Which is the best car insurance company in UK?

NFU Mutual is no stranger to our top spot for auto insurance, and with first place in all of our survey’s major categories, it’s difficult to see how it could get much better. Given that 93% of customers said they planned to renew their coverage, it appears that most policyholders don’t want NFU to change much, either. Although the online quote method may be more user-friendly and streamlined, especially when compared to some of the internet specialists, most NFU Mutual clients prefer to call.

Who underwrites AXA insurance?

AXA Car Insurance, AXA Home Insurance, and AXA Travel Insurance are underwritten by AXA Insurance UK Plc, which is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under Financial Services Register number 202312.

Does AXA insurance use black box?

We promised to make things easier, so we’re giving up the little black box (driver app) in exchange for complete transparency and trust: To give you a competitive quotation, we don’t need to track your driving.

Why is AXA now Equitable?

A once-high-profile pillar of the United States’ life insurance market is working to restore itself as an independent, US-based firm.

Thomas Buberl, the CEO of AXA S.A., has stepped down from the Equitable board of directors, the company stated on Friday.

The Equitable Life Assurance Society of the United States was established in 1859 in New York, and its executives and directors were well-known in the city.

Equitable was spun off as a separate company by AXA in 2017, partially as a result of changes in European insurance firm accounting and solvency requirements.

In May 2018, AXA distributed equity in the unit, then known as AXA Equitable, to its own stockholders. AXA Equitable was still under AXA’s ownership after the stock was distributed. Since then, AXA has sold a large portion of its remaining stake in the company.

In January, the corporation formerly known as AXA Equitable dropped the “AXA” from its name.

What kind of insurance is AXA?

GT Capital has a stake in the life insurance industry thanks to its 25.3 percent ownership of AXA Philippines, the Philippines’ second-largest insurer by total net insurance premium. The AXA Group, one of the world’s largest insurance firms, has partnered with the GT Capital/Metrobank Group, one of the Philippines’ largest diversified conglomerates, to form AXA Philippines.

To complement its life insurance business, AXA Philippines announced in April 2016 that it had completed the acquisition of a 100 percent stake in Charter Ping An Insurance Corporation, the Philippines’ fifth largest non-life insurer by gross premiums written. AXA Philippines today offers a full range of personal and group insurance products in the Philippines, including life and investment-linked insurance, savings and investment, health insurance, and property and casualty insurance. AXA Philippines sells its products through a multi-channel distribution network that includes agents, bancassurance, and corporate solutions throughout the Philippines.

AXA is the world’s leading insurance company, and for the past two centuries, it has been redefining insurance standards all around the world. AXA is now active in 64 countries and services over 107 million customers after 200 years.

Are Axa and Swiftcover the same company?

AXA, one of the world’s largest insurance corporations, owns us. Swiftcover looks after millions of people around the world, so you can rest assured that you’re in good hands.

What is the best car insurance company to deal with?

Geico, USAA, Progressive, State Farm, and Liberty Mutual are our top five selections for the finest car insurance carriers.