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The American Automobile Association (AAA) was founded on March 4, 1902, in Chicago, Illinois, in response to a lack of roads and highways suitable for automobiles. [4] [5] At that time, nine motor clubs with a total of 1,500 members banded together to form the AAA.
In April 2015, Kemper acquired Alliance United Insurance Company, one of the fastest growing auto insurance providers in the State of California.Source: [14] In July 2018, Kemper acquired Infinity Property and Casualty Corporation (NASDAQ: IPCC), an auto insurance provider focused on serving the specialty, nonstandard segment, in a cash and stock transaction valued at approximately $1.4 billion.
Allstate Insurance Company, named after Sears' tire line, went into business on April 17, 1931, offering auto insurance by direct mail and through the Sears catalog. [ 10 ] [ 11 ] This was in line with one of the objectives of a company to sell automobile insurance in the same manner as Sears sold its merchandise.
Today, the Automobile Club of Southern California's affiliated insurance company, the Interinsurance Exchange of the Auto Club, is one of California's largest insurers. [citation needed] It provides coverage for automobiles, homes, recreational vehicles, motorcycles and watercraft. It also provides umbrella (liability) insurance.
Encompass Insurance Company is a subsidiary of Allstate Corporation and is one of the largest personal property and casualty insurance brands sold through a network of more than 6,500 independent agent locations across the United States.
Geico. Geico is a company that offers quick and easy quotes and generally cheap rates. In fact, Geico tied for the Bankrate Awards’ Best Auto Insurance Company Overall award, tied for the Best ...
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