Reliance Car Insurance Review [2020]

Reliance car insurance is no longer available because the company was liquidated in 2001. Use our free tool below to compare car insurance quotes online and save up to 20% on rates.

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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 27, 2021

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Company Details
Address: 2000 West Sam Houston Parkway South,Suite 700
City: Houston
State: TX
ZIP Code: 77042
Phone Number: 713-430-8700
Website: www.ril.com
Year Founded: 1817
Company Rating 0 (0 reviews)

UPDATE: This company entered liquidation in 2001.

Here's what you need to know...

  • Reliance originated in Philadelphia, Pennsylvania in 1817
  • Reliance was first known as Fire Association of Philadelphia
  • Reliance offered property & casualty insurance and car insurance

This Reliance car insurance review recaps Pennsylvania-headquartered Reliance Insurance Company [in Liquidation] since 2001.

The company’s fascinating history includes helping individuals and businesses recover from the Great Fire of Philadelphia in 1850.

After paying 100 percent of all outstanding fire claims, the company lost money but generated respect and goodwill.

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More About Reliance Insurance Company

With the invention of the automobile, Reliance offered a variety of car insurance policies.

The Reliance Insurance Company, a subsidiary of the Fire Association of Philadelphia, was founded in the 1920’s to protect customers’ new horseless carriages and homes.

By 1958, the company changed its name and all operating subsidiaries to the Reliance Insurance Company.

The company acquired other insurance companies through the 1950’s and 1960’s. In 1963, the underwriting arm of the company was renamed the Planet Insurance Company.

Corporate greenmailer Saul Steinberg targeted Reliance Insurance Company and renamed the firm Reliance Holding Company in the early 1970’s.

A failed takeover and eventual collapse of the company occurred in the late 1990’s.

In 2001, the Pennsylvania Insurance Department took control of the company’s assets and proceeded to liquidate the company.

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