A.M. Best's Financial Strength Rating is an independent opinion of an insurer's financial strength and ability to meet its ongoing insurance policy and contract obligations.
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In July 1916, Vern V. Moulton and four other associates organized Auto-Owners Insurance Company in the Michigan city of Mount Pleasant, and in 1917 the company headquarters moved to Lansing, Michigan, where the home office has remained. At that time, Auto-Owners consisted of one book of policyholder names and $174.25 in assets.
In 1935, Auto-Owners began writing insurance in Indiana, and in 1966 the Auto-Owners Life Insurance Company was established.
Auto-Owners celebrated its 100th anniversary in business in July 2016, and by 2020, Auto-Owners wrote insurance in 26 states and employed more than 4,700 associates.
Auto-Owners has expanded well beyond auto insurance and now offers a full suite of insurance products as one of the nation’s largest insurance companies. Auto-Owners currently has over 3 million policyholders in 26 states. Over 48,000 licensed agents sell Auto-Owners insurance.
Auto-Owners currently has over 3 million policyholders in 26 states. Over 48,000 licensed agents sell Auto-Owners insurance.
Auto-Owners is rated A++ (Superior) by the AM Best Company and backs up its products with its “No Problem” claims service which strives to make every claim hassle-free. Auto-Owners is an excellent choice for your insurance needs.