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Is American Summit Insurance A Good Company?

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American Summit Insurance Company is a stock-based insurance company. The company was founded in Minnesota in 1955, under the name, Arrow Insurance Company. The name was changed to Summit Home Insurance Company in 1970, and changed again to its present form in January of 1990.

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Financial Rating
American Summit Insurance Company, as Hilltop Holdings, Inc., was last rated by the A.M. Best financial ratings company in March of 2012. At that time, the company was rated "A" (Excellent), with a favorable long term outlook of "a." American Summit Insurance Company has more than 37 million dollars in assets and working capital of more than 2.5 million dollars.

Customer Satisfaction
American Summit Insurance Company sells insurance primarily to private individuals and business owners. The company's steady growth over the years stands as a testament to their ability to adapt to economic changes and the needs of their customers.

Company Availability
American Summit Insurance Company sells insurance in 19 states. Because American Summit Insurance Company is a viable and growing company, the list of states where it is licensed to operate may be updated regularly. If you are considering a policy from American Summit Insurance Company, start with your state's Department of Insurance to find out whether the company is currently licensed in your state of residence.

Insurance Products Offered
American Summit Insurance Company sells several lines of insurance. Their auto policies include cars, trucks, motorcycles, boats, recreational vehicles and ATVs. Additionally, the company also sells homeowners insurance, airplane coverage, and insurance products designed for business. American Summit Insurance Company also provides access to health insurance, rounding out their portfolio.

answered Apr 15, 2013 by anonymous
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