Alicot Car Insurance Review [2020]

Alicot car insurance is reinsured by ACE, which has an A+ financial rating from AM Best. ACE offers a special insurance policy that provides substantial comprehensive coverage

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Zaneta Wood, Ed.S. has over 15 years of experience in research and technical writing bringing a keen understanding of data analysis and information synthesis to reach a wide variety of audiences. She studied adult education and instructional technology at Appalachian State University as well as technical and professional communication at East Carolina University. Zaneta has prepared technical p...

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Joel Ohman is the CEO of a private equity backed digital media company. He is a CERTIFIED FINANCIAL PLANNER™, author, angel investor, and serial entrepreneur who loves creating new things, whether books or businesses. He has also previously served as the founder and resident CFP® of a national insurance agency, Real Time Health Quotes. He has an MBA from the University of South Florida. Jo...

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Reviewed by Joel Ohman
Founder & CFP®

UPDATED: Jan 25, 2021

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Company Details
Address: 100 Wall Street 28Th Floor
City: New York City
State: NY
ZIP Code: 10005
Phone Number: (212) 943-1800
Year Founded: 1981
AM Best Rating: A++ (Superior)
Company Rating 0 (0 reviews)

In a nutshell...

  • All of the policies are completely reinsured by ACE, which holds an A+ rating from several rating companies, including A.M. Best and Standard & Poor’s
  • The plan ACE offers is called the “Atlantic Master Plan,” which provides comprehensive coverage for those with substantial assets
  • Make sure to get at least 3 different auto insurance quotes to make sure you get the best rate

Alicot Insurance Company makes up Atlantic Mutual Companies, which sold its personal lines of insurance to ACE, which specializes in insurance and reinsurance.

The plan ACE offers is called the “Atlantic Master Plan,” which provides comprehensive coverage for those with substantial assets. In 2005, Atlantic Lloyds Insurance Company out of Dallas, Texas changed their name to Alicot Insurance Company.

The Alicot Insurance Company received a B+ rating from A.M. Best in 2005.

All of the policies are completely reinsured by ACE, which holds an A+ rating from several rating companies, including A.M. Best and Standard & Poor’s. If you purchase an insurance packet from ACE, automobile insurance is automatically included.

Their car insurance policy offers a very impressive array of options and services.

They allow you to lock-in the worth of your car and do not add in depreciation. The policy also rates each driver on the policy independently, so that one driver with a poor driving history won’t inflate the entire rate.

They also offer a quick turnaround on collision claims, and they can often issue a check in as early as 48 hours.

It is unclear if you can purchase their auto insurance without also purchasing the entire Atlantic Master Plan, but there are many agents who offer this insurance plan in many cities in all 50 states.

Finding Alicot car insurance quotes online is as easy as speaking with a licensed auto insurance agent.

Why not enter your zip into our free tool and get started with a free car insurance comparison?

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