Mendakota Car Insurance Review [2023]
This Mendakota Car Insurance Review [2022] review will cover ratings by real users for overall satisfaction and claims, cost, billing, and service satisfaction. To compare insurance rates from the best companies in your locale, enter your ZIP code below.
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Written by
Laura Berry |
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Reviewed by
Joel Ohman
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UPDATED: Jun 22, 2022
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- Mendakota Insurance Company is no longer in business.
Where is Mendakota Insurance Company now?
This Mendakota review is going to take an unusual turn because it appears that the Mendakota Insurance Company is no longer in business. There is no information online about why it is out of business and there are no websites that explain the services offered by Mendakota.
We don’t know if the Mendakota Insurance Company is still in business because of the limited information available. What we do know is that Mendakota was founded in 1985 as a Fire and Casualty insurance company.
Whether or not they expanded their services beyond property and casualty insurance or reduced their services to other areas is unknown.
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It appears that Mendakota went out of business very recently because they don’t have an updated AM Best rating, their rating being from October 22, 2010. However, their account on AM Best is flagged because of many various issues, which means you should generally look at switching companies.
In all likelihood, they were up for review but AM Best found that they didn’t exist.
In October, AM Best rated Mendakota with a B- rating, which is fair. However, their implication for the near future was negative. This means that AM Best believed that Mendakota was destined to go out of business if they did not make some major changes.
Because they are out of business the BBB (Better Business Bureau) doesn’t have a rating for this car insurance company, if it indeed offered auto coverage. In fact, they have flagged this company as being out of business as well.
Even if Mendakota weren’t out of business, based on their negative financial ratings, they probably wouldn’t be one of the best auto insurance companies. Fortunately, there are plenty of excellent car insurance companies to choose from.