American Home Assurance Car Insurance Review [2020]

American Home Assurance car insurance is a subsidiary of AIG. American Home Assurance has an A rating for its financial stability from AM Best.

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A former insurance producer, Laura understands that education is key when it comes to buying insurance. She has happily dedicated many hours to helping her clients understand how the insurance marketplace works so they can find the best car, home, and life insurance products for their needs.

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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: Sep 28, 2020

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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
Year Founded: 1899
AM Best Rating: A (Excellent)
Company Rating 0 (0 reviews)

Here's what you need to know...

  • American Home Assurance Company is a subsidiary of AIG
  • The company offers a variety of car insurance coverage
  • American Home Assurance has not received positive ratings for its future financial situation

American Home Assurance Company, Inc. is a property and casualty insurance company that was founded in 1899.

America Home Assurance is a subsidiary of AIG, but it doesn’t have a website or any other information online except for its Standard and Poor’s rating.

A.M. Best gave the company an A (excellent) rating. However, the future outlook for the company is negative.

This is possibly because AIG in general is having financial difficulties and is restructuring the company.

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American Home Assurance and AIG

Because there are no websites for American Home Assurance, we will be looking at AIG to talk about their services. AIG is an international insurance company that provides a variety of services to their customers.

AIG was hit hard by the economy and had to get a bailout to continue business. AIG is in the process of restructuring their business in order to pay back their debt to the government.

In the meantime, the government has stepped in to aid in the restructuring of the business.

If you are considering buying car insurance from American Home Assurance, you need to consider their future outlook. There is the distinct possibility that this is a car insurance company that won’t be around for much longer.

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