Lilah Butler, Car Insurance Writer
@lilah_c
American Family is owned by American Family policyholders, since it is a mutual insurance company and its shares are not available to investors on the public market. Among the 10 largest car insurance companies in the U.S., four are mutual insurance companies.
For more information, check out WalletHub's full American Family review.
People also ask
How do I get car insurance for the first time?
To get car insurance for the first time, decide what coverage types and limits you need and then compare quotes from at least three different companies to find the best price. You should also evaluate each company’s discounts to see which ones you might qualify for and how much you could save.
If you’re a first-time driver looking to get your own policy, you’re likely to pay around 245% more per year for minimum...
read full answer by WalletHub, Financial CompanyDoes American Family offer full coverage insurance?
Yes, American Family offers full coverage car insurance. Full coverage from American Family typically includes at least a state's minimum required car insurance coverage along with collision and comprehensive insurance to protect the policyholder's vehicle.
Full coverage car insurance from American Family costs $2,683 per year, on average, and is more expensive than a liability-only policy since it provides more coverage.
Cost of American Family Full Coverage by Driver's Age
| Driver | Annual Cost |
Why is American Family so cheap?
American Family is so cheap because the company offers a wide variety of discounts that almost anyone can get. A minimum coverage policy from American Family costs an average of $108 per month, and American Family premiums can be made even cheaper by taking advantage of discounts such as safety features discounts and low mileage discount. Plus, American Family rewards customer loyalty with discounts for insuring more than one car and bundling multiple policies, such...
read full answer by McKayla Girardin, Car Insurance WriterDid we answer your question?
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