American Bankers Auto Insurance Review (2024)

Need flood insurance? American Bankers auto insurance is a subsidiary of Assurant. It sells flood insurance to homeowners and businesses in 19 states.

UPDATED: Nov 27, 2023Fact Checked

Heidi Mertlich

Licensed Insurance Agent

Heidi works with top-rated insurance carriers to bring her clients the highest quality protection at the most competitive prices. She founded NoPhysicalTermLife.com, specializing in life insurance that doesn’t require a medical exam. Heidi is a regular contributor to several insurance websites, including FinanceBuzz.com, Insurist.com, and Forbes. As a parent herself, she understands the need ...

Licensed Insurance Agent

Brad Larson

Licensed Insurance Agent

Brad Larson has been in the insurance industry for over 16 years. He specializes in helping clients navigate the claims process, with a particular emphasis on coverage analysis. He received his bachelor’s degree from the University of Utah in Political Science. He also holds an Associate in Claims (AIC) and Associate in General Insurance (AINS) designations, as well as a Utah Property and Casual...

Licensed Insurance Agent

UPDATED: Nov 27, 2023

Advertiser Disclosure

It’s all about you. We want to help you make the right coverage choices.

Advertiser Disclosure: We strive to help you make confident auto insurance decisions. Comparison shopping should be easy. We are not affiliated with any one auto insurance provider and cannot guarantee quotes from any single provider. Our partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.

Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.

UPDATED: Nov 27, 2023

Advertiser Disclosure

It’s all about you. We want to help you make the right coverage choices.

Advertiser Disclosure: We strive to help you make confident auto insurance decisions. Comparison shopping should be easy. We are not affiliated with any one auto insurance provider and cannot guarantee quotes from any single provider. Our partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.

UPDATED: Nov 27, 2023Fact Checked
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American Bankers Insurance Company

Average monthly rate for good drivers:

N/A

A.M. Best rating:

A

Complaint level:

Low

Pros

  • American Bankers Insurance Company, which is a subsidiary of Assurant, sells flood insurance to homeowners and businesses

Cons

  • How their products work is that if you want to purchase an Assurant product that is available from American Bankers, then they become the underwriters of that product

Final Verdict: Review of American Bankers Insurance Company

American Bankers auto insurance, unfortunately, does not exist. American Bankers Insurance Company, which is a subsidiary of Assurant, sells flood insurance to homeowners and businesses.

How their products work is that if you want to purchase an Assurant product that is available from American Bankers, then they become the underwriters of that product.

Enter your ZIP code and get your free online auto insurance quotes right now!

[su_box title="Things to Remember..." style="default”]
  • American Bankers Insurance Company, which is a subsidiary of Assurant, sells flood insurance to homeowners and businesses
  • Choosing a company that pays their claims in a timely and agreed upon manner is important
  • How their products work is that if you want to purchase an Assurant product that is available from American Bankers
[/su_box] American Bankers auto insurance, unfortunately, does not exist. American Bankers Insurance Company, which is a subsidiary of Assurant, sells flood insurance to homeowners and businesses. How their products work is that if you want to purchase an Assurant product that is available from American Bankers, then they become the underwriters of that product. Enter your ZIP code and get your free online auto insurance quotes right now!

What You Should Know About American Bankers Insurance Company

Unfortunately, we couldn’t find much in the way of positive reviews about American Bankers.

Although this doesn’t mean that they aren’t a good company, you certainly want to take into consideration any complaints made about any auto insurance company.

One of the most common complaints from both businesses and homeowners is that American Bankers’ insurance adjustors undervalue the property they are investigating for claims.

In many cases, the issues had to be resolved under mediation or even through court cases.

Choosing a company that pays their claims in a timely and agreed upon manner is important.

Considering the financial stability of the company, the concern isn’t just whether or not they can pay their claims, but if they will.

In order to get a quote for American Bankers, you will have to visit the Assurant website and then fill out a form for your location and wait for an agent to contact you.

This method of getting a quote can take time, but it will ensure an accurate quote for you.

As Assurant claims that American Bankers doesn’t sell auto insurance, there are no auto insurance quote tools on the Assurant website.

In fact, Assurant itself doesn’t sell auto insurance products either. It is possible that one of their other subsidiaries do, but they don’t mention it on their website.

Without the option of purchasing auto insurance for American Bankers, you need to consider some of your other choices.

You can visit or call a local independent agent for a quote, or you can get your auto insurance quote right now.

By using our free quote tool, you can get your own auto insurance quotes by entering your ZIP code now!

American Bankers Auto Insurance Contact Information

In addition, you can also visit the American Bankers offices directly and purchase products from them. However, they only have one office and it’s in Florida.

American Bankers was acquired in 1999 by Assurant Solutions. At the time of its acquisition, American Bankers was a credit related insurer, not a flood insurance company like it is today.

Interestingly, according to the Florida Office of Insurance Regulation, American Bankers is licensed to sell virtually every type of insurance, including different types of auto insurance.

However, according to Assurant, American Bankers only sells flood insurance.

American Bankers Agents

Working for American Bankers means working for Assurant. Assurant products are sold through Assurant licensed agents and independent agents.

In all likelihood, you will be purchasing your American Bankers products from an independent agent or online.

The reason for this is, as mentioned above, American Bankers only has one office, which is in Miami, Florida.

Although you can purchase American Bankers products from other Assurant agents, their locations are somewhat limited as well.

You can find Assurant agents in 19 different states!

American Bankers Careers

As mentioned above, working for American Bankers means that you are working for Assurant.

This means that the same benefits available to Assurant employees are available to American Bankers’ employees.

In this case, the benefits for working for American Bankers include:

  • 401(k) with a 2:1 contribution ($2 contributed for every $1 contributed by the employee) after five years with the company
  • Retirement plan (100 percent company paid)
  • Flex spending health care and dependent care plans
  • Stock purchase option
  • Tuition reimbursement assistance
  • Flex schedules
  • Job sharing
  • Paid vacation

As American Bankers is a financially solid company that continues to grow, you will probably find that a career with American Bankers’ will be a solid one.

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Frequently Asked Questions

What is American Bankers Auto Insurance?

American Bankers Auto Insurance is an insurance company that offers auto insurance coverage for vehicles. They provide various policies to protect drivers and their vehicles against potential risks.

What types of auto insurance coverage does American Bankers Auto Insurance offer?

American Bankers Auto Insurance offers a range of coverage options, including liability coverage, collision coverage, comprehensive coverage, uninsured/underinsured motorist coverage, and personal injury protection (PIP). The specific coverage options may vary based on the policy and state regulations.

How can I contact American Bankers Auto Insurance?

To contact American Bankers Auto Insurance, you can reach out to their customer service department by phone or email. The contact details can usually be found on their official website or policy documents.

How can I file a claim with American Bankers Auto Insurance?

To file a claim with American Bankers Auto Insurance, you can contact their claims department directly. They will guide you through the claims process, provide the necessary forms, and assist you in gathering any required information. It is important to report accidents or incidents promptly to initiate the claims process.

Does American Bankers Auto Insurance offer roadside assistance?

American Bankers Auto Insurance may offer optional roadside assistance coverage as an add-on to their policies. Roadside assistance can provide services such as towing, jump-starts, fuel delivery, and lockout assistance in case of emergencies or breakdowns while on the road. The availability of this coverage may vary based on the policy and state regulations.

Can I manage my American Bankers Auto Insurance policy online?

American Bankers Auto Insurance typically provides an online portal or mobile app that allows policyholders to manage their policies. This may include tasks such as making payments, viewing policy documents, updating personal information, and accessing digital ID cards.

How are American Bankers Auto Insurance premiums determined?

American Bankers Auto Insurance calculates premiums based on several factors, including the driver’s age, driving history, location, type of vehicle, coverage options selected, and other relevant factors. Premiums can vary from person to person based on these factors.

Does American Bankers Auto Insurance offer discounts?

American Bankers Auto Insurance may offer discounts to eligible policyholders. These discounts can vary but commonly include safe driver discounts, multi-policy discounts, anti-theft device discounts, and discounts for completing defensive driving courses. The availability and specifics of discounts may vary based on the policy and state regulations.

Can I cancel my American Bankers Auto Insurance policy?

Yes, policyholders generally have the option to cancel their American Bankers Auto Insurance policy. However, the specific terms and conditions related to cancellations may vary. It’s advisable to review the policy documents or contact the company directly to understand the cancellation process and any applicable fees or penalties.

How can I get a quote for American Bankers Auto Insurance?

To obtain a quote for American Bankers Auto Insurance, you can visit their official website or contact their customer service department. They will ask for relevant information about your vehicle and personal details to provide an accurate quote based on your specific needs and circumstances.

Heidi Mertlich

Licensed Insurance Agent

Heidi works with top-rated insurance carriers to bring her clients the highest quality protection at the most competitive prices. She founded NoPhysicalTermLife.com, specializing in life insurance that doesn’t require a medical exam. Heidi is a regular contributor to several insurance websites, including FinanceBuzz.com, Insurist.com, and Forbes. As a parent herself, she understands the need ...

Licensed Insurance Agent

Brad Larson

Licensed Insurance Agent

Brad Larson has been in the insurance industry for over 16 years. He specializes in helping clients navigate the claims process, with a particular emphasis on coverage analysis. He received his bachelor’s degree from the University of Utah in Political Science. He also holds an Associate in Claims (AIC) and Associate in General Insurance (AINS) designations, as well as a Utah Property and Casual...

Licensed Insurance Agent

Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.

Compare Quotes from Top Companies and Save

Enter your ZIP code below to view companies that have cheap auto insurance rates.

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