What does Liberty Mutual mean only pay for what you need?

Asked by: Darlene Grimes  |  Last update: February 11, 2022
Score: 4.2/5 (73 votes)

“Liberty Mutual Insurance television commercials which state, 'Only Pay for What You Need' appear to suggest that other insurance companies will sell you coverages you don't need.

Did you know Liberty Mutual customizes your insurance do you only pay for what you need?

Every driver on the road is unique. Your car, your driving history, and of course your budget are all factors to consider when shopping for car insurance. We customize your car insurance so you only pay for what you need.

Is Liberty Mutual good at paying claims?

Liberty Mutual also has an A (Excellent) rating from AM Best, which indicates its financial ability to pay out claims. The company has a solid reputation with the Better Business Bureau (BBB) too, with a B rating.

Is Liberty Mutual expensive?

Liberty Mutual is expensive because of the factors it uses when calculating risk, which varies with each insurer. ... Although Liberty Mutual is very expensive for our sample drivers, it may not be expensive for you, and we recommend you compare quotes across multiple companies when shopping for auto insurance.

Who says only pay for what you need in Liberty Mutual commercial?

DJ Liberty says she knows all about customization, which is why she loves that Liberty Mutual lets her customize her car insurance so she only pays for what she needs.

Liberty Mutual Customize Your Car Insurance So You Only Pay For What You Need

33 related questions found

Who says only pay for what you need?

You may have noticed that Liberty Mutual's ongoing “Only Pay for What You Need” campaign--the one featuring regular folks standing in front of the Statue of Liberty talking about their various problems alleviated by the company's services--just got super funny.

Who is the Liberty Mutual guy with emu?

Actor David Hoffman has been featured in many commercials and TV shows over the years. He was classically trained as an actor at the University of North Carolina School of the Arts and Boston University. After college, he headed to Los Angeles, training with famed comedy group The Groundlings.

Does Geico own Liberty Mutual?

Liberty Mutual coverage options look identical to Geico's because Geico doesn't have its own insurance policies—instead, Geico uses an underwriting company to provide insurance to its customers, and Liberty Mutual is one of the home insurance underwriters for Geico.

Why is my Liberty Mutual bill so high?

Incidents such as accidents (even if you weren't at fault), speeding violations, reckless driving, and driving while intoxicated can all cause your premiums to spike. If you've filed a claim in the past few years, this might also result in an increase to your premium.

What is Liberty Mutual known for?

The company, formed in 1912, offers a wide range of insurance products and services, including personal automobile, homeowners, workers' compensation, commercial multiple peril, commercial automobile, general liability, global specialty, group disability, fire insurance and surety.

Does Liberty Mutual check credit scores?

Every major car insurance company checks your credit before offering a binding quote. That includes Geico, State Farm, USAA, Progressive, Allstate and Liberty Mutual. Only a few insurers do not check your credit.

Does Liberty Mutual cover dog bites?

One insurer with this policy, Liberty Mutual, "doesn't provide coverage to customers who own or provide boarding to any animals that aren't typically sold in a retail pet store," says Glenn Greenberg, a company spokesman. Also, damage to your own property generally won't be covered by insurance companies.

How much does your insurance go up after an accident Liberty Mutual?

Liberty Mutual insurance rates go up by an average of 69% after an accident. Drivers who have Liberty Mutual accident forgiveness will not see their car insurance rates go up at all after their first accident in 5 years, however.

What is the Liberty Mutual saying?

Liberty Mutual's purpose is to help people embrace today and confidently pursue tomorrow. The promise we make to our customers throughout the world is to provide protection for the unexpected, delivered with care.

Can someone drive my car and be covered on my insurance Liberty Mutual?

If you are giving someone permission to use your vehicle, they should be covered by your insurance. If you are on a pay per mile plan with Liberty Mutual, you would still be charged for their mileage. ... If your vehicle is damaged while someone is borrowing it, you want to make sure it's protected.”

Do I pay deductible if not at fault Liberty Mutual?

In most cases, you'll need to pay your deductible up front, even if the claim wasn't your fault. Auto customers may enroll in the Liberty Mutual Deductible Fund® and receive as much as $70 annually towards their deductible. ... The money in your fund will reduce the balance you pay out-of-pocket if you have a claim.

Does Liberty Mutual bill in arrears?

Yes, Liberty Mutual does bill in advance. Liberty Mutual's billing process allows customers to pay their car insurance premium either monthly or in full upfront, and coverage won't go into effect until a payment is made. ... Payments can be made with a credit card, debit card, bank account, or payroll deduction.

Is Liberty Mutual work from home?

Yes, Liberty will provide you with everything you need to set up work from home.

Is Liberty Mutual good for high risk drivers?

Yes, Liberty Mutual insures high-risk drivers. ... And if you have an at-fault accident on your record, Liberty Mutual will charge you an average of 69% more for coverage.

Is Liberty Mutual owned by policyholders?

Liberty Mutual, which is not publicly traded but instead owned by its policyholders, is the second-largest Massachusetts-based company based on revenue, behind only General Electric Co.

Why did GEICO stop using the gecko?

9 Kelsey Grammer Was The Original GEICO Gecko Voice Actor

With basic computer animation and originally voiced by Kelsey Grammer, the GEICO Gecko made his first appearance on the TV screen on August 29, 1999, during the Screen Actors Guild strike that prevented the use of live actors.

How much does the guy on Liberty Mutual commercial make?

This allows the company to avoid paying union scale wages every time a commercial airs. For an actor like Jim playing the role of "Jamie" earns $500,000 per year.

Who is Jake from State Farm?

Thus, the company hired aspiring actor Kevin Mimms, who is now the current “Jake from State Farm” agent. The company even used old footage from their original ad and inserted new footage of Mimms reciting the infamous “khakis” line to capitalize on the commercial one last time before “rebooting” Jake's character.

How much does Jamie on Progressive commercials make?

It is estimated that the Progressive commercial star has an annual salary of around $500,000 and a net worth of $2 million. He truly lives up to his last name of Cashman. Companies are happy to pay prices like this for commercials, though, especially when their commercials make the company a household name.