Sfeco's parent company, Liberty Mutual, is an insurance giant and the sixth largest seller of auto insurance. With availability across the country and a wealth of discounts, Geico is a popular and often affordable option for car insurance. Sfeco received a near-expected number of auto insurance complaints from state regulators about its size, according to three-year data from the National Association of Insurance Commissioners. If your car is destroyed or stolen, Sfeco pays the difference between the remaining amount of your loan or lease and the value of your car.
You can also choose the best car replacement coverage from Sfeco, which pays the actual cash value of a car one year newer than the total of your car. If your car is wrecked or stolen and is less than 1 year old and less than 15,000 miles old, Sfeco will pay to replace it with a comparable new car. When you're looking for car insurance coverage, it's important to understand what coverage you want and what you should buy.