Allmerica Financial Alliance Car Insurance Review [2020]

Allmerica Financial Alliance car insurance specializes in property and casualty insurance coverage. Allmerica Insurance has an "A" financial strength rating from A.M. Best.

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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: 440 Lincoln St
City: Worcester
State: MA
ZIP Code: 01653-0002
Phone Number: (508) 853-7200
Year Founded: 1995
AM Best Rating: A (Excellent)
Company Rating 0 (0 reviews)

Here's what you need to know...

  • In 2010, Allmerica Financial Alliance had an A rating from A.M. Best
  • Allmerica Financial Alliance is usually ranked in the middle of insurance companies
  • Allmerica Financial Alliance does not have many consumer complaints lodged

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 rating 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.

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This is a financially stable company that 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 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 regarding Allmerica Financial specifically.

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.

Use our free online quote tool now to get started quickly and easily comparing a variety of insurers serving your area. Enter your zip to start now!

References:

  1. https://www.hanover.com/about/
    -our-companies.html
  2. https://www.ambest.com/home/default.aspx

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