Pros and Cons of Toggle Insurance
When considering Toggle Insurance, it’s essential to weigh both the benefits and drawbacks of their coverage options. This balanced view helps potential customers make informed decisions about their insurance needs.
Advantages of Choosing a Toggle
Toggle Insurance offers several benefits, including customizable coverage options that allow policyholders to tailor their insurance to their specific needs. Their digital-first approach simplifies the process of obtaining and managing insurance policies online. Additionally, Toggle provides a range of endorsements and add-ons that can enhance the basic coverage, offering extra protection for valuable items or specific risks.
Drawbacks and Limitations
Despite its advantages, Toggle Insurance has several drawbacks. One significant limitation is its geographic availability, with auto insurance available in only 14 states and renters insurance in 29 states. The company also lacks certain specialized coverage options, such as non-owner insurance and rideshare coverage. Furthermore, Toggle’s auto insurance premiums are, on average, 38% higher than national averages, and customer service ratings have been a concern, with high complaint scores relative to its size.
