American Economy Auto Insurance Review (2020)

American Economy auto insurance is a subsidiary of Safeco. They offer life, home, renters, & auto insurance, as well as specialty policies for motorcycles, RVs, and boats.

Company Details
Address: 1001 Fourth Ave
City: Seattle
State: WA
ZIP Code: 98154
Phone Number: 1-206-545-5000
Year Founded: 1923
AM Best Rating: A
Company Rating 0 (0 reviews)

Things to Remember...

  • American Economy is an insurance underwriter owned by Safeco
  • American Economy offers a variety of insurance policies including home, life, and auto
  • American Economy provides the options of making a claim online or on their 24-hour claim hotline

American Economy Insurance Company is an auto insurance company that is owned by Safeco Insurance. The company was founded in 1959 and was acquired by Safeco in 2008.

American Economy does not have its own website but does offer all of the products available through Safeco.

American Economy Insurance Company is licensed to sell insurance in every state except for New Jersey. American Economy is one of the several underwriters that are owned by Safeco.

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What kinds of auto insurance does American Economy Auto Insurance offer?

Because American Economy operates under the Safeco Insurance umbrella of companies, getting an auto insurance policy through American Economy means you’ll have access to many different types of coverage.

You will also likely be able to meet all of your insurance needs with Safeco potentially saving hundreds of dollars a year by bundling your different policies together.

This includes your life insurance, home or renters insurance, and your auto insurance, as well as specialty policies for motorcycles, recreational vehicles, boat insurance, and more.

Between all of Safeco’s insurance companies, any of the products offered by American Economy are available in all 50 states.

However, you may need to purchase them through one of the company’s sister companies.

American Economy Auto Insurance Agents

In order to purchase American Economy or Safeco products, you will have to use an independent agent. The good news is that Safeco offers an agent search by location tool on its website.

You have two options for your search:

  • By your ZIP code
  • By state

Once you do your search, you also have the option of doing a refined search.

This allows you to search for an agent by the products that they sell, by a specific address, or even by an agent name if you know someone but aren’t sure where they are located.


American Economy Auto Insurance Claims

Making a claim is pretty easy with American Economy. All you have to do is go to the Safeco website and click the link for claims.

You are then provided with a list of the types of claims you can make such as:

  • Automobile
  • Homeowners
  • Natural disasters
  • Workers compensation

Safeco provides a guide that you can use to determine what you will need in order to file your claim.

You then have the option of filing your claim online, or you can call their 24/7 claims line at 1-800-332-3226.

How do I get a quote from American Economy Auto Insurance?

If you are interested, you can get an online quote for American Economy on the Safeco website.

The only downside to using Safeco’s quote tool is that you won’t be comparing quotes from multiple companies, which is the only way to ensure that you are getting the lowest possible price for your insurance.

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