American Family Insurance
Wisconsin based American Family Insurance is a privately owned mutual fund company which is focused on providing car, casualty and property insurance. AmFam, as it is popularly known also provides life and health insurance covers to its customers. The company has operational presence in states of Arizona, Colorado, Georgia, Idaho, Illinois, Indiana, Iowa, Kansas, Minnesota, Missouri, Nebraska, Nevada, North Dakota, Ohio, Oregon, South Dakota, Utah, Washington and Wisconsin and has an extensive network of around 4,000 agents in the states it operates. On financial terms, AmFam has more than $15.5 billion assets under management and more than $4.1 billion in policyholder's equity. AmFam Insurance comprises of nine companies operating mostly in financial services sectors.
The company was started by Herman Wittwer in Wisconsin in 1927. At that point of time, the company was known by the name Farmers Mutual Insurance Company offering car insurance services only to farmers. Over the years, the company not only expanded its product line but has also managed to become 14th-largest property and casualty insurance company group and third-largest mutual property and casualty insurer in US.
Protection at Fingertips
Most of the insurance services (including claims) offered by the Insurance services of the AmFam begin even before you buy your car. The company tells its customers whether the car that they are buying is stolen often, how much insurance price you will pay over a period of time. This helps the customers to make informed decisions.
Liability cover provided by the company (as per limits contained in the policy) also covers the members of the household using the authorized and insured car. It even offers protection to people who are driving your car with your permission. There is a special provision for teens and AmFam has also developed a specialized program for teens which encourages them to follow safe driving practices.
In case of accidents, covered person, his household members and people driving the insured car with the authorized person's permission are eligible for getting medical expenses. Of course if the person driving the car has caused damage to life or property, it is also taken care of under their policies. In case the car gets stolen, the customer is paid $20 per day (a maximum of $600) as transportation charges. Ample care is taken so that your prized car is insured against hit and run, or collision or natural catastrophes. For more information on the company's products, visit amfam.com.
