The Hartford Financial Services Group, commonly known as The Hartford, began as a fire insurance company back in 1810 when a group of local merchants gathered at an inn in Hartford, Conn. Obviously, the company wasn't insuring cars because they weren't around.
The company expanded through the years. And in 1913, it formed The Hartford Accident and Indemnity Company to provide a number of insurance coverage options, including accident, automobile liability and property damage.
In 1970, ITT Corp. acquired The Hartford for $1.4 billion. It was the largest corporate takeover in America at the time. Twenty-five years later, in 1995, ITT Corp. streamlined its operations and released some of its subsidiaries including The Hartford. In December of that year, The Hartford returned to being an independent entity and being traded on the New York Stock Exchange under the symbol "HIG."
In 1984, The Hartford won a contract to sell auto (and homeowners) insurance to members of the American Association of Retired Persons. The agreement between The Hartford and AARP remains in place.
In 1986, The Hartford moved company headquarters to a new 173-acre campus in Simsbury, Conn.
In addition to discounts for good students and driver training, The Hartford offers policies with accident forgiveness and vanishing deductibles, among other options.
The Hartford also offers drivers of electric vehicles a discount on their auto insurance policies. Drivers are eligible for a 5 percent discount at renewal.
The Hartford offers coverage for antique cars, golf carts, motorcycles, RVs, boats, ATVs and snowmobiles, and other lines.