Auto-Owner Insurance

Auto-Owner Insurance

Auto-Owners Insurance

Auto-owners is a mutual insurance company which was founded on 18th July,1916 nearly 100 year ago from today.It is about to celebrate it's 100th sucessful annivrsary.Vern V. Moulton was the founder to Auto-owners insurance.It's headquaters is located at Delta Township,Michigan,United states of America.All together it have 6,300 agencies all over United States.The Auto-owners are also mutual-fund groups on US. Jeffrey F. Harrold is the chief executive officer CEO of Auto-owners.As per the statical data from wikipedia Auto-owners have made revenue of US $ 6.3 billion on the fiscial year 2015.Based on 2009 accounting figure it have made Net income of US $ 327.21 million.On the fiscial year 2015 their total assets were valued over US $ 16 billion.There are 4,400 total workers working in Auto-Owners company.Auto owners are further divided into two subcatagories i.e insurance and mutual funds.The slogan of Auto-owners is labelled as "The no problem people".It offers it's service online through the official website of auto owners,www.auto-owners.com .The auto owners insurance Company is ranked 425th on the Fortune 500 list,as by revenue in United Statesand it has been on the list for 13 concesutive years.The Auto-Owners Insurance is the 18th largest Michigan-based business on the list prepared by Fortune 500.

Here are some of standard and optional coverage to Auto-owners auto insurance policy:-(*Standard and Optional coverage has been marked at a side)

Standard coverage comes in auto insurance policy where as you have to pay some amount for optional coverage.

1)Bodily injuries coverage(Standard coverage)
It covers the expenses caused due to injuries after collision.

2) Rental reimbursement coverage(Optional coverage)
It covers all the expenses cause due to hiring the vehicles when your own vehicles is at garage or repair shop.They charge upto 10$ for this coverage.

3)Uninsured motorist bodily injuries coverage (Standard coverage)
It covers the expenses caused due to injuries after collision caused by uninsured motorist.

4)Lablities coverage(Standard Coverage)
It covers the expenses caused due to the fault of third party agent. or other agent except you.

5)Collision or accident coverage(Standard Coverage)
It covers the expenses caused to repair the physical damage of auto like dents,changing parts.

6)Road side assistant coverage(Optional coverage)
It covers all the money incured from your pocket that are expend on roadside for your car maintainance like changing tyres.For this coverage you also have to pay some amount of money.

Ratings acheived by Auto-owners insurance

A.M. Best Financial Strength-> A++
A.M. Best Issuer Credit-> aa+
S&P Financial Strength-> A
S&P Issuer Credit-> A
J.D. Power Overall Rating-> 4.5 out of 5
Consumers' Checkbook Auto Body Shop Rating-> 4 out of 5
Overall ratings-> A+ (Top class)
However customers feedback have shown they have unprofessional customer support.

Operating states of Auto-owners Insurance:-

› Florida
› Illinois
› Pennsylvania
› Ohio
› Georgia
› Michigan
› North Carolina
› Virginia
› Arizona
› Indiana
› Tennessee
› Missouri
› Wisconsin
› Minnesota
› Colorado
› Alabama
› South Carolina
› Kentucky
› Iowa
› Arkansas
› Kansas
› Utah
› Nebraska
› Idaho
› South Dakota
› North Dakota

Discounts offered by Auto-Owners insurence:-

1)Multi-Policy Discount:-
If you insure your vehicles and home both then you will get a discount on both policies.

2)Network Discount:-
If you refer one of your friend and if he/she also purchases a policy with us,you both get a certain discount on your auto insurance policy.

3)Preferred Payer Discount:-
If you pay your premium before the submission date exceeds then you will be eligible to claim this discount.Pay your policy in full to take advantage of the maximum discount.

        Auto-owners rejects your claim if any of following is found:-

• If non-listed driver drives the car.Means the driver who are not listed on insurance policy cannot claim if accident occured when they are driving.
• If personal vehicle is used for commercial purpose or any equivalent.
• Drink and drive case.

Pros of Auto-Owner Insurance:-

• Good enhancement options from Autoowners Personal Automobile Plus Package.
• Customers satisfied with service and claims handling from Auto-Owners.

Cons of Auto-Owner Insurance
-No national coverage - Auto-Owners doesnot have full nation coberave.Currenlty It underwrites in 26 states only.

A brief conclusion about Auto-Owners insurance is given below:-

Auto-owner insurance is a mutual type of company which was founded on 1916 by Vern V. Moulton.It's headquarters is located at Delta Township,Michigan,United States.All together there are 6,300 agencies working on 26 states of United states of America.There is 4,400 total employees working on Auto-Owner insurance company.It is a group of insurance company based in Delta Township which offers personal,causalty,commercial,life,fire insurance.They have 94 full-service and claim branches over all US.They operate solely through 6,300 independent agencies.They are ranked 425th on the Fortune 500 list as per theie revenue and ranked as 18th largest Michigan-based business on the listing made by Fortune-500.

To conclude,Auto-owners are the best insurance company present in United States.However as per review recorded by customer shows they're not so much well and customer friendly insurance.They offer all of their service online also.You can buy a quote,make payment,file a claim through online.They offer 24/7 customer service so they have well reputation amongst the customer on the basis of their helpline.