American Family Insurance
American Family Insurance is a leading mutual insurance company in the United States that provides a diverse range of insurance products and services to customers. The company was established in 1927 by Herman Wittwer, a Wisconsin insurance salesman, under the name Farmers Mutual Insurance Company. Initially, the company's focus was on providing insurance coverage to farmers in Wisconsin. However, over the years, it expanded its offerings and rebranded itself as American Family Insurance in 1963.
One of the key features of American Family Insurance is its extensive range of products. The company offers auto, home, renters, life, health, and business insurance, as well as retirement planning services. This ensures that customers can access all their insurance needs under one roof.
American Family Insurance operates in 19 states across the country, with over 11,000 employees and more than 3,500 independent contractor agents who sell and service their insurance products. This means that customers can enjoy personalized attention and expert advice from professionals who understand their needs.
As a mutual insurance company, American Family Insurance is owned by its policyholders, and not shareholders. In 2020, the company reported $12.9 billion in policyholder equity and $11.8 billion in assets. The company also had a net income of $1.1 billion.
Apart from providing excellent insurance products and services, American Family Insurance is committed to giving back to the communities it serves. The company runs a variety of community outreach programs, such as the Dreams Foundation, which supports nonprofit organizations that focus on education, disaster relief, and community development.
In summary, American Family Insurance is a reputable insurance company that offers a wide range of products and services to its customers. The company's commitment to excellent customer service, community involvement, and financial strength has made it a trusted brand in the insurance industry.
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