American International Group or AIG Insurance is a world leader in insurance services. Headquartered at New York, this global giant is fourth largest company in the world and has operations in 130 countries worldwide. The company is also the largest underwriter of commercial and industrial insurance in US. Insurance, financial services, asset management and retirement services define the core operations of the company.
Though the company is primarily American, its roots can be traced to Shanghai, China, where Edwin Cornelius Vander Starr founded the company in 1919. In 1967, AIG shifted its base and became an American company after Hank Greenberg acquired a controlling stake in the company.
AIG insurance is group of insurance companies offering different financial services to its customers, though it is still known for its insurance products. AIG Agency Auto is the car insurance division of the company and offers different type of car insurance products to its customers in US through agents, brokers and through its website.
Get Your Prized Possession Insured
The company offers a variety of insurance options to retail and institutional customers, which as and when required can be tailored to meet specific needs. The maximum cover offered by any car insurance product of the company can reach up to $500,000, one of the highest offered by any car insurance company. An army of employees, agents and brokers help the customers of the company to choose right product for their cars. Coverage options offered by the car insurance products of the company include - body injury liability, comprehensive and collision coverage, uninsured/underinsured motorist coverage, medical payments coverage, rental reimbursement coverage and towing and labor coverage.
Since AIG offers all kind insurance products, one way to make huge savings on car insurance is to bundle it up with home insurance or life insurance. Apart from this, discounts are also offered to cars with airbags/ ABS, to customers with multiple cars, fully paid policies, drivers with good records, certificate holders of senior accident prevention course and licensed defensive drivers. If the premiums of car insurance are paid through electronic fund transfer, it also translates into discounts. AIG has a dedicated claims reporting hotline, which is accessible 24 hours a day with quick turnaround time. If a customer requires personalized services with some changes, the company does that on ad hoc basis. To buy any of the car insurance product of AIG, a customer can approach the company though agent/broker, telephone or by logging onto its website aig.com.