American Safety Insurance Company (Georgia)
American Safety Insurance Company (Georgia) is a commercial auto insurance firm. It covers businesses of all sizes in various industries.
Founded in 1937, it’s part of the Atlantic American Corporation, a publicly traded insurance holding company.
Their headquarters is in Atlanta, Georgia, and they’re licensed to serve all 50 states.
American Safety also provides specific coverage programs, like non-truck liability and surety bonds.
If you want a quote from them, you can reach out to an independent insurance agent or visit their website.
Contacts
| Address | Phone | Website | Claims | Hours of Operation | |
|---|---|---|---|---|---|
| American Safety Insurance Company | (404) 266-9599 | http://www.americansafetyinsurance.com/ | [Email American Safety Insurance Company] | (800) 241-1172 | Monday – Friday: 8:00 AM – 5:00 PM EST |
Who Owns American Safety Insurance Company (Georgia)?
American Safety Insurance Company is part of Atlantic American Corporation, a publicly traded insurance holding company.
Atlantic American Corporation’s stock trades on the New York Stock Exchange under the ticker symbol AACI.
Services and Products
American Safety is a commercial auto insurance company that covers businesses of all sizes in various industries.
They offer several commercial auto insurance products, such as:
- Liability insurance: Protects your business from financial losses in case you are sued for injury or property damage caused by your business or employees.
- Physical damage insurance: Covers damage to your business vehicles caused by accidents, theft, or vandalism.
- Motor truck cargo insurance: Covers loss or damage to cargo being transported on your business vehicles.
- Government entity auto liability insurance: Shields government entities from financial losses if they are sued for injury or property damage caused by their vehicles or employees.
- General liability insurance: Protects your business from financial losses if you are sued for injury or property damage caused by your business, products, or services.
- Business personal property insurance: Covers your business’s equipment, inventory, and belongings from damage or loss due to theft, fire, vandalism, or other covered events.
American Safety also provides various risk management services to help businesses reduce accidents and losses, including:
- Safety training programs
- Risk assessments
- Claims management assistance
Financial Details
American Safety Insurance Company is financially strong and consistently profitable. It holds an A- (Excellent) financial strength rating from AM Best, a top credit rating agency for insurance.
As of December 31, 2022, here are the financial specifics of American Safety Insurance Company (Georgia):
- Total assets: $1.5 billion
- Total liabilities: $1.2 billion
- Policyholders’ surplus: $300 million
- Net income: $50 million
American Safety Insurance Company (Georgia): Claims, Cancellations and Renewals
Claims
To file a claim, call the claims hotline at (800) 241-1172 or visit the company’s website to file online.
When filing a claim, provide your name, contact details, policy number, incident date, time, location, incident description, witness information, and a police report if available.
American Safety Insurance Company will assign a claims adjuster to investigate and determine coverage.
If covered, the adjuster will work with you to settle the claim.
Tips for Filing a Claim
- Share detailed incident information.
- Cooperate with the claims adjuster and provide requested documents.
- Be honest and open with the claims adjuster.
- Keep copies of all claim-related correspondence and documents.
Cancellations at American Safety Insurance Company
You can cancel your policy for reasons like non-payment, fraud, false information, or policy terms violation.
You’ll receive a written notice explaining the reason and cancellation date.
Tips for Avoiding Cancellations
- Pay premiums on time and in full.
- Provide accurate information on your application.
- Follow your policy terms.
Renewals
Your policy will renew automatically unless you notify otherwise. Contact your agent or customer service to cancel.
Without renewal, your coverage expires on the policy date, possibly incurring a lapse penalty.
Tips for Renewals
- Review your policy before the renewal date.
- Contact your agent for questions or changes.
- Compare quotes from multiple insurers before renewing.
Customer Reviews
Customers have varying opinions about American Safety Insurance Company. Some report positive experiences, while others report negative ones.
To make an informed choice, carefully read customer reviews and obtain quotes from multiple insurance companies.
- “American Safety Insurance has been great to work with. They have always been responsive to my questions and have helped me to get the best coverage for my business.”
- I am very happy with the customer service I have received from American Safety Insurance. My agent is always available to answer my questions and help me with my needs.”
- I had a bad experience with American Safety Insurance. My claim was denied even though I had the coverage I needed. I would not recommend this company to anyone.”
Benefits of having commercial auto insurance with American Safety Insurance Company (Georgia)
- Financial Protection: It shields your business from financial losses if you’re sued for injury or property damage caused by your business or employees.
- Peace of Mind: It gives you peace of mind, knowing your business is protected while on the road.
- Wide Coverage Options: American Safety Insurance Company provides a variety of commercial auto insurance coverage options suitable for businesses of all sizes.
- Competitive Rates: They offer competitive rates on commercial auto insurance.
- Strong Financial Reputation: American Safety Insurance Company has a solid financial reputation, rated A- (Excellent) by AM Best.
Quick Facts
- Founded in 1937
- Headquartered in Atlanta, Georgia
- Licensed to write business in all 50 states
- A subsidiary of Atlantic American Corporation
- A leading provider of commercial auto insurance and risk management services
- Rated A- (Excellent) by AM Best, a leading credit rating agency for the insurance industry.
Nick Greenlight is an experienced individual in the financial sector, with knowledge spanning from investment management to income tax preparation.
He has been writing informative essays on personal finance for over a decade and holds several credentials.