Allmerica Financial Alliance Insurance Company is a division of The Hanover Insurance Group and specializes in property and casualty insurance. It is based in Massachusetts.
According to A.M. Best, one of the top independent insurance ratings companies, Allmerica Financial Alliance had an A or excellent rating as of late May 2010. This makes them an excellent choice for your car insurance needs. You can feel comfortable that this stable company will be around to pay out claims should you need to make them.
However, TheStreet.com ratings give it only a C+ or fair rating when it comes to financial strength. Finding vast discrepancies in ratings of insurers is common. Relying on the results of more well-known firms, like A.M. Best, is usually a good strategy.
While Allmerica Financial Alliance Insurance has a presence in almost all states, it is not one of the top nationwide insurers. In most states, complaints filed against the company put them in the middle of the pack. They are not the worst and not the best.
Some consumer complaints that have been lodged against them and other Hanover Insurance Group companies are concerning refusal to pay certain types of claims and non-renewal of policies following claims. However, there are not a lot of complaints specifically regarding Allmerica Financial out there.
If you are in the market for reliable car insurance, a good choice may be Allmerica Financial Alliance Insurance Company. Before you make a decision about any car insurance policy, it pays to shop around and compare prices.
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