New Hampshire Insurance Company Auto Insurance Review (2021)

Looking at New Hampshire Insurance? They operate under AIG and offer property and casualty products to individual, institutional, and commercial customers.

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Leslie Kasperowicz holds a BA in Social Sciences from the University of Winnipeg. She spent several years as a Farmers Insurance CSR, gaining a solid understanding of insurance products including home, life, auto, and commercial and working directly with insurance customers to understand their needs. She has since used that knowledge in her more than ten years as a writer, largely in the insuranc...

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Dan Walker graduated with a BS in Administrative Management in 2005 and has been working in his family’s insurance agency, FCI Agency, for 15 years (BBB A+). He is licensed as an agent to write property and casualty insurance, including home, auto, umbrella, and dwelling fire insurance. He’s also been featured on sites like Reviews.com and Safeco. He reviews content, ensuring that ex...

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Reviewed by Daniel Walker
Licensed Auto Insurance Agent

UPDATED: Jun 25, 2021

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Company Details
Address: 175 Water Street, 18th Floor
City: New York
State: NY
ZIP Code: 10038
Phone Number: 212-770-7000
Website: www.aig.com
AM Best Rating: A u
Company Rating 0 (0 reviews)

Things to Remember...

  • New Hampshire Insurance is part of American International Group
  • New Hampshire Insurance provides property and casualty products
  • New Hampshire Insurance does not offer any personal auto insurance

This New Hampshire Insurance Company Auto Insurance Review will discuss the New Hampshire Insurance Company, which is a part of American International Group, or AIG. The company has been around for about 150 years offering property and casualty products to individual, institutional, and commercial customers.

In 1870, New Hampshire Insurance Company was writing fire insurance policies. in 1906, they paid out many claims to rebuild San Francisco.

Now the companies of AIG, including New Hampshire Insurance Company, are the top providers of retirement services and life insurance policy solutions in the United States. They use their decades of experience to provide smart coverage in the business of insurance.

If you would like to compare auto insurance quotes for other companies in your local area, all you need to do is fill in your ZIP code in the space provided above.

What Products Does New Hampshire Insurance Offer?

You can look online or talk to an insurance agent about your options with New Hampshire Insurance by AIG. They offer auto insurance, boiler and machinery insurance, homeowners insurance, personal injury liability insurance, property insurance, surety policies, and workers compensation coverage.

New Hampshire Insurance is primarily aimed at business clients. Rates vary based on factors like claims history and coverage. It doesn’t take a lot of personal insurance business.

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Are You Interested in a Career with New Hampshire Insurance or AIG?

Because American International Group is so large, there are many career opportunities available around the world. This giant organization offers opportunities in different areas of finance, tech, customer service, and much more.

There are opportunities available in a number of different career areas including:

  • Actuary,
  • Accounting/auditing
  • Office services/administration
  • Airlines
  • Advertising
  • Branch management
  • Automotive
  • Claims
  • Call center
  • Collection
  • Compliance
  • Computer
  • Communications
  • Customer service
  • Consulting
  • Engineering
  • Education/training
  • Loss control/engineering
  • Economics/ finance

The website for American International Group lists all jobs available under AIG Global.

On the website, you can create and edit a personal profile, apply, and check your application status.

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What Is The History behind AIG and New Hampshire Insurance?

The AIG Financial Products Corp was founded in 1987 and it began to engage in a number of financial transactions globally. As American International Group expanded, it began to add more financial services businesses. In 1998, it began to sell default swaps in order to protect itself against other securities defaulting.

When the mortgage market began defaulting in 2007, these securities began to devaluate, which led to market valuation losses for AIG.

AIG also began reporting losses in its lending program for securities, which led to a sharp decline in investments related to real estate.

Because of all this and the collapse of certain financial institutions as well as the mortgage companies’ crises, the credit ratings for AIG were degraded in September of 2008, which caused a liquidity crisis.

In order to help stabilize AIG, the Federal Reserve Bank of New York extended a short-term emergency secured loan to AIG.

To pay back the loan and strengthen itself financially, AIG has made changes in its structure and operations.

Since the crisis in 2008, American International Group has made substantial changes in restoring its financial strength, enhancing its key businesses’ values, paying back U.S. taxpayers, and reducing risk.

The insurance businesses of AIG are well-capitalized and healthy, and the crisis that occurred has no impact directly on the policyholders of AIG and its subsidiaries.

New Hampshire Insurance Company is among the oldest of those subsidiaries. It was founded in 1870 and slowly built its reputation throughout the community and eventually the country over the years. This insurance provider later became part of AIG in 1969.

How Can You Find The Right Auto Insurance?

If you’re on the market for personal auto insurance, you have plenty of options from companies like Allstate Insurance Co., Geico, Progressive, and many others. Depending on what state you live in, other specialty insurers may also offer competitive rates. To get started, just enter your zip code and follow the prompts to answer a few questions and get insurance quotes that make sense for you.

To compare auto insurance quotes for multiple companies just fill in your ZIP code below.

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