Insurance

Of all the things we do for your customers, the most important is to ensure that their claims are paid promptly and reliably. AUL is backed by the power of select Assurant Solutions companies that have been rated “A” or “A-“ by A.M. Best, all of which specialize in extended service programs.

Now is a good time to learn about how these companies can protect your customers’ automotive investment and improve their satisfaction.

The performance of all AUL service contracts are backed by a contractual liability insurance policy issued by one of these Assurant Solutions companies:

  Assurant Solutions companies

        A.M. Best Rating*

  American Bankers Insurance Company of Florida         A (Excellent)
  American Reliable Insurance Company(Minnesota ONLY)        A- (Excellent)


* American Bankers Insurance Company of Florida has a Best Rating of “A” (Excellent) by A.M. Best Company. American Reliable Insurance Company has a Best Rating of “A-” (Excellent) by A.M. Best Company. A.M. Best Company is an organization that rates insurance companies based on financial strength and operating performance. The A.M. Best Company ratings range from A++ to F. An “A” rating is the third highest out of 16 categories. An “A-” is the fourth highest of 16 categories. The A.M. Best Company neither endorses nor is affiliated with American Bankers Insurance Company of Florida or American Reliable Insurance Company.

Company Description

Assurant Solutions is part of Assurant, Inc., a leading provider of specialized insurance products and related services in North America and other international markets. The four key businesses—Assurant Employee Benefits, Assurant Health, Assurant Solutions, and Assurant Specialty Property—have partnered with clients who are leaders in their industries and who have built leadership positions in a number of specialty insurance market segments in North America and other international markets.

What is a horizontal insurance structure?

AUL files federally as an insurance company, meaning the primary reserves are held on AUL’s books. In the unlikely event that AUL would close its doors, the customer would have a direct relationship with ABIC/ARIC. Each AUL policy is printed with a direct 800 number to ABIC/ARIC, eliminating any need for the dealer to be involved in this process. In the event that ABIC/ARIC would close its doors, the primary reserves would be on AUL’s books, allowing the company to operate in a normal fashion.

* American Bankers Insurance Company of Florida has a Best Rating of "A" (Excellent) by A.M. Best Company. American Reliable Insurance Company has a Best Rating of "A-" (Excellent) by A.M. Best Company. A. M. Best Company is an organization that rates insurance companies based on financial strength and operating performance. The A.M. Best Company ratings range from A++ to F. An "A" rating is the third highest out of 16 categories. An "A-" is the fourth highest of 16 categories. The A.M. Best Company neither endorses nor is affiliated with American Bankers Insurance Company of Florida or American Reliable Insurance Company.

Assurant Solutions companies: American Bankers Insurance Company of Florida ("ABIC"). American Reliable Insurance Company ("ARIC").

 

INS - 05 - 2009

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