Is American Security Insurance a Good Company

American Security Insurance Company (ASIC) is a subsidiary of the Assurant Inc. group of companies, which is a global provider of specialty insurance products and related services. ASIC is a property and casualty insurance company that offers a range of insurance products for individuals and businesses, including auto, home, renters, and commercial insurance. The company was founded in 1938 and is headquartered in Atlanta, Georgia. In terms of financial stability, ASIC has been given an "A" rating by A.M. Best, indicating the company has a stable outlook and a strong ability to meet its financial obligations. The company has also received an "A+" rating from the Better Business Bureau (BBB), which reflects the BBB's assessment of ASIC's business practices and customer satisfaction. ASIC offers a variety of insurance products, including auto, home, renters, and commercial insurance. They also offer specialty coverages, such as flood insurance and personal umbrella insurance. ASIC's policies are sold through a network of independent agents and brokers. ASIC has received generally positive reviews from customers. Customers have praised the company's responsive customer service and efficient claims handling. Additionally, customers have noted that ASIC's policies are generally affordable and provide comprehensive coverage for their insurance needs. One potential downside to ASIC is that the company's product offerings may not be as extensive as some other larger insurance companies. Also, some customers have noted that they experienced difficulty in resolving issues with the company's claims department. In summary, ASIC is a property and casualty insurance company with a strong financial rating and a range of insurance products for individuals and businesses. The company has generally positive customer reviews, with a focus on responsive customer service and efficient claims handling. However, the company's product offerings may not be as extensive as some other larger insurance companies, and some customers have reported difficulty resolving issues with the claims department.