AmFed Casualty Insurance Company (Mississippi): Overview, Contacts, Services, Financials, Claims, Reviews and Benefits

AmFed Casualty Insurance Company is famous for its dedication to helping customers and offering creative insurance solutions.

They provide different workers’ compensation and employers’ liability insurance options, risk management, and safety services.

The Mississippi business community greatly values AmFed Casualty Insurance Company. 

An image of AmFed Casualty Insurance Company (Mississippi)
AmFed is devoted to safeguarding employees and businesses for their clients. [Photo: The Farber Law Firm]

About AmFed Casualty Insurance Company (Mississippi)

AmFed Casualty Insurance Company, based in Ridgeland, Mississippi, is a wholly-owned subsidiary of AmFed National Insurance Company, which, in turn, is wholly-owned by Ascot Insurance Company.

They have licenses to provide workers’ compensation and employers’ liability insurance in several states, including Mississippi.

AmFed Casualty Insurance Company was established on March 16, 2004, and it started its operations on December 18, 2018.

Who owns AmFed Casualty Insurance?

Contact Details

Information Details
Address 1100 Briarwood Drive, Suite 100, Ridgeland, MS 39157
Phone 800-264-8085
Fax 601-956-4143

Service and Products offered by AmFed Casualty Insurance Company (Mississipi)

Services Description
Risk management services AmFed Casualty Insurance Company offers risk management services to help businesses identify and mitigate risks. These services can include risk assessments, safety training, and disaster preparedness planning.
Safety services AmFed Casualty Insurance Company offers safety services to help businesses create and maintain a safe work environment. These services can include safety inspections, hazard identification, and safety training.
Claims management services AmFed Casualty Insurance Company offers claims management services to help businesses manage claims efficiently and effectively. These services can include claims investigation, claims adjustment, and mediation.
Loss control services AmFed Casualty Insurance Company offers loss control services to help businesses prevent accidents and injuries. These services can include workplace safety audits, safety training, and engineering solutions.
Premium financing services AmFed Casualty Insurance Company offers premium financing services to help businesses pay their insurance premiums over time. These services can help businesses avoid upfront payments and improve their cash flow.
Products Description
Workers’ compensation insurance Workers’ compensation insurance provides benefits to employees who are injured or become ill on the job.
Employers’ liability insurance Employers’ liability insurance protects businesses from lawsuits filed by employees who claim they were injured or became ill as a result of their employer’s negligence.
Umbrella insurance Umbrella insurance provides additional liability coverage beyond the limits of a business’s primary liability policies.
Excess workers’ compensation insurance Excess workers’ compensation insurance provides additional workers’ compensation coverage beyond the limits of a business’s primary workers’ compensation policy.

Financial Ratings

AmFed Casualty Insurance Company, though relatively small, wrote premiums worth about $10 million in 2021.

Despite its size, the company boasts a robust financial position, holding a surplus of over $200 million at the close of 2021.

A.M. Best, a respected insurance rating agency, has assigned an “A-” (Excellent) rating to AmFed Casualty Insurance Company.

This rating confirms the company’s strong financial health and its capability to fulfill policyholder obligations.

How does AmFed handle claims?

AmFed Casualty Insurance Company (Mississippi) has crafted an efficient and user-friendly claims process.

Policyholders have the option to file claims online, through phone calls, or by sending them through the mail.

AmFed Casualty’s claims adjusters actively collaborate with policyholders to promptly and equitably investigate and settle claims.

Cancellations and Renewals at AmFed Casualty Insurance Company (Mississipi)

AmFed Casualty Insurance Company usually cancels a policy when a policyholder doesn’t pay premiums on time or breaks policy terms.

They may also cancel a policy if they stop offering insurance in a state.

Normally, AmFed Casualty Insurance Company renews policies, except when a policyholder frequently files claims or poses a high-risk situation.

Reviews and feedback

Policyholders hold varying opinions about AmFed Casualty Insurance Company. Some have praised the company for its customer service and efficient claims handling.

However, others have expressed dissatisfaction with the company’s rates and the way it handles claims.

Benefits of choosing AmFed Casualty Insurance Company (Mississippi)

  1. Strong Financial Position: AmFed Casualty Insurance Company boasts a robust financial standing, holding a statutory surplus exceeding $200 million as of the end of 2021. This financial strength ensures the company’s ability to meet policyholder obligations, even in the face of significant disasters.
  2. Excellent Financial Rating: A.M. Best, a leading insurance rating agency, has awarded AmFed Casualty Insurance Company an “A-” (excellent) rating. This rating underscores the company’s financial stability and a commendable track record of honoring claims.
  3. Commitment to Customer Service: Known for its dedication to customer service, AmFed Casualty Insurance Company provides access to experienced agents who are ready to answer questions and assist businesses in selecting the most suitable products and services to meet their specific requirements.
  4. Focus on Innovation: AmFed Casualty Insurance Company concentrates on delivering innovative insurance solutions to its clients. It offers a range of distinctive products and services, including risk management services, safety services, and claims management services, to meet evolving business needs.
  5. Commitment to the Mississippi Business Community: AmFed Casualty Insurance Company is committed to safeguarding the interests of its clients and their businesses. It serves as a valuable asset to the Mississippi business community and actively participates in supporting local businesses and organizations, fostering a stronger local economy.

Frequently Asked Questions (FAQs)

What types of insurance does AmFed Casualty Insurance Company offer?

AmFed Casualty provides a range of insurance products, including workers’ compensation insurance, employers’ liability insurance, umbrella insurance, and excess workers’ compensation insurance.

What is AmFed Casualty Insurance Company’s claims process like?

AmFed Casualty Insurance Company (Mississipi) maintains a streamlined claims process aimed at promptly and efficiently handling customer claims.

Their experienced claims adjusters are readily available to assist customers and address inquiries throughout the claims process.

How can I obtain a quote from AmFed Casualty Insurance Company?

To receive a quote from AmFed, you can reach out to one of the company’s independent agents. Additionally, you have the option to visit the company’s website and request a quote online.

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