American Commerce Auto Insurance Review (2023)

Is American Commerce Insurance Company (MAPFRE) a Good Choice?

In what states does MAPFRE write car insurance?

MAPFRE is currently available in the following states:

• Arizona
• California
• Connecticut
• Florida
• Idaho
• Indiana
• Kentucky
• Maine
• Massachusetts
• New Hampshire
• New Jersey
• Ohio
• Oregon
• Pennsylvania
• Rhode Island
• Tennessee
• Vermont
• Washington

Despite their international status, MAPFRE is a smaller insurance company than many people are used to thinking about. When most people think about auto insurance, big names like Geico and State Farm are what typically come to mind. That doesn’t mean there are no benefits to using a smaller insurance company, however.

MAPFRE is a global insurance organization with operations in 43 countries and millions of clients. The company has earned numerous awards including one of Business Week’s “40 World’s Best Companies” for 2009.

They were also ranked as one of the best performing insurance companies for 2009 and 2000 by Ward’s, and ranked among the top 20 insurance writers for private passenger vehicles in 2009.

Is MAPFRE a good insurance company?

There are various organizations that rate insurance companies on everything from financial stability to customer complaints, making it easier for customers to choose which insurance company is right for them.

The ratings for MAPFRE are as follows:

A.M. Best – As of 2019, A.M. Best gives MAPFRE an A rating on financial stability. Their scale goes from A++ to D, so this is a solid rating, but nowhere near the best possible rating for the company.

Better Business Bureau – The Better Business Bureau rates companies on ethics and consumer complaints by state. While the BBB gives MAPFRE an A+ rating in Massachusetts, MAPRFE insurance reviews on the BBB by consumers on the site only rate the company one star, and there are complaints about it having the worst claim service, so it may be worth your time to do some research before making a purchase.

Moody’s – Moody’s rates companies based on financial aspects, from Aaa to C, with Aaa being the highest rating and C being the lowest. Most recently, Moody’s upgraded MAPFRE from A3 to A2.

Standard & Poor’s – Standard & Poor’s, otherwise known as S&P, also rates insurance companies based on their financial abilities. On a scale from AAA to D, the company gives MAPFRE an A+ rating in 2019, which is an improvement from their previous A rating.

JDPower – According to JDPower and Associates, “MAPFRE Insurance ranks highest in the shopping segment with a score of 811. Progressive (803) ranks second, and Erie Insurance (798) ranks third.”

What is the MAPFRE Auto Insurance History?

MAPFRE Insurance originated in Massachusetts as The Commerce Group, Inc., founded in the town of Webster, Massachusetts, in 1972.

MAPFRE provides a full range of insurance products, including coverage for automobiles, homes, motorcycles, watercraft, and businesses. MAPFRE Insurance is part of the MAPFRE Group, a global insurance company present on five continents.

MAPFRE employs more than 38,000 people across the globe and services approximately 34 million clients. In 2011 MAPFRE was ranked by Fortune and Forbes as among the “500 Best and Most Admired Companies in the World.”

How is MAPFRE’s online presence?

The MAPFRE website is excellent, giving you significant amounts of information in an easy-to-use format.

The only drawback to MAPFRE’s website is that you are not able to get a quote online. Because they require you to get a quote from an independent agent, you cannot use their online system to compare prices with other insurance plans.

American Commerce Insurance Company (MAPFRE) Rates

What are American Commerce Auto Insurance & MAPFRE Auto Insurance Rates?

You are required to contact a MAPFRE insurance agent to get a quote for their policies.

Is MAPFRE the same as Commerce Insurance? To clarify, MAPFRE owns American Commerce, which operates as a subsidiary. So they are the parent company, and American Commerce sells insurance in that name. MAPFRE also operates under a few different names and locations, including MAPFRE Insurance of New York, MAPFRE Florida, and Citation Insurance Company.

Typically, smaller insurance companies or companies that require independent agents have higher rates than some larger insurers, but they may offer unique products or stellar customer service to make up for the difference. If these things are important to you, reach out to an independent agent in your area to find out more.

American Commerce Insurance Company (MAPFRE) Discounts Available

What discounts are offered by MAPFRE?

Some companies offer discounts for good driving records, high grades for student drivers, hybrid vehicles, and many more. MAPFRE has a number of available car insurance discounts, including:

• AAA Member Discounts – members of this auto group are entitled to a discount through MAPFRE,
• Multi-line discounts – If you have more than one insurance plan through MAPFRE, they will give you a discount for bundling your coverage.
• Welcome Back credit (when prior Loyalty applies) – Former MAPFRE customer? You may be entitled to a discount.
• Paid-in-Full discount – If you pay your bill all at once rather than month-by-month, you’ll receive a discount on your insurance.
• Good Student discount – B average or higher? That’ll earn young drivers a discount.
• Student away from home discount – Going to college away from home? You may be entitled to a discount for that. Check with an agent to find out American Commerce’s definition of a qualifying student.
• Annual Mileage discount – If you drive less, you pay less.
• Smart driver discount – Get a discount for letting MAPFRE track your driving behavior with an app or a device.
• Multi-Car discount – Insure two or more vehicles to receive a multi-car discount.
• Green discount – Hybrid or other environmentally friendly vehicles are entitled to the Green discount.

These are not the only discounts available, so be sure to ask your agent about other possible discounts if you choose to sign up for a plan with MAPFRE.

American Commerce Insurance Company (MAPFRE) Coverage Options

What American Commerce Auto Insurance & MAPFRE Auto Insurance Coverages Are Offered?

Does insurance pay for towing? What if you are hit by an uninsured driver? Like most companies, MAPFRE offers a variety of types of auto insurance coverage, including:

Liability – Liability insurance protects your financial well-being by paying for damages to the other person’s vehicle if you are at fault in an accident. It also covers medical bills in the event of bodily injuries someone else sustained in an at-fault accident. The table below shows average liability rates by state.

Uninsured Motorist Coverage – Uninsured motorist coverage, often referred to as UM, is mandatory in some states and optional in others. It covers you at the same levels as your liability coverage if you are in an accident where an uninsured driver was at fault.

Collision – Collision insurance protects you by paying for damages to your vehicle if you are at fault in an accident, whether you hit another vehicle or a stationary object such as a wall or mailbox. If you have a loan on your car, you may be required by the lender to have collision insurance on your policy. Here’s a look at average rates for collision coverage across the U.S.

Comprehensive – Comprehensive insurance covers damage to your car that isn’t caused during an accident. Some examples of what might be covered under a comprehensive policy are hail damage, theft, and vandalism. It will also cover you if your car is stolen. Below you can see state averages for comprehensive coverage.

Medical Payments – Medical payments cover necessary medical and funeral costs for yourself and your passengers in the event of an accident.

AutoMaster® Package Endorsement (ACIC states) – According to the MAPFRE website, AutoMaster coverage includes:

• Bail Bonds: Personal Belongings
• Loss of Earnings: Seat / Belt Air Bag Death Benefit
• Transportation: Expense Waiver of Collision Deductible
• Cellular Phone: Replacement Digital Media Device Replacement
• Laptop Computer: Replacement New Car Replacement Coverage

Substitute Transportation – If you need a rental car because of an accident, substitute transportation coverage will cover that cost.

Towing and Labor – When it comes to tow trucks or basic repairs on the side of the road, towing and labor coverage would help cover the cost of those services.