American Family Insurance: Auto and Life Plans

American Family Insurance, American family life insurance, American Family Auto insurance, and American Family Homeowners Insurance are all covered in this article. Go through this article for more details.


American Family Insurance, or AmFam for short, is a private mutual company. The company is based in the United States. It specializes in property, casualty, and auto insurance. Commercial insurance, life, health, and homeowners are the coverages Amfam offers. Also, it offers investment and retirement-planning products. Its revenues in 2017 exceeded $9.5 billion, making it a Fortune 500 firm.

Brief history 

Herman Wittwer, an insurance salesman, inaugurated Farmers Mutual Insurance Company on October 3, 1927. Which marked the beginning of American Family Insurance. However, this farmer’s mutual insurance is different from the one we all know. Farmers were the company’s only target market at the time, and auto insurance was its sole product. Wittwer Did this because he felt that since farmers drove less frequently and not at all during the winter, they posed smaller dangers than city drivers.

As time goes on Farmers Mutual grew its customer base and product offering throughout time to satisfy its evolving needs. To better reflect its larger clientele, Farmers Mutual changed its name to American Family Mutual Insurance Company in 1963. AmFam started a campaign called DreamFearlessly in 2017. “Dreamfearlessly” is a hashtag that AmFam ambassadors use to spread the word about this campaign on social media. Customers are urged by the ad to share how they “dreamfearlessly” for causes including economic empowerment, social justice, and getting more women into the IT industry.

American family Auto insurance 

Knowing the difference between the auto insurance coverage you must get and the coverage Your desire is crucial when searching for auto insurance. Along with the usual range of auto insurance coverage kinds, American Family also provides a few extra choices, such as the following:

Gap insurance 

This coverage works perfectly when your car is totaled, leased, or has a loan balance. It’s important to note that without this coverage, you would only receive the depreciated worth of the vehicle. However, any applicable deductible leaves you responsible for the remaining balance.

Accident coverage

This coverage is available because it helps to pay off if a car accident leads to death or injuries. Also, it pays out regardless of who is at fault.

Ridesharing insurance 

In some states, customers who drive for companies like Uber or Lyft can purchase ridesharing insurance. As a driver, you might want to add it to your personal motor policy. You might not fill in a coverage gap while you’re waiting for clients, ensuring complete insurance coverage for the duration of the app.

Original Equipment Manufacturer (OEM) coverage covers the cost of having your car repaired using OEM components as opposed to aftermarket components.

Accident forgiveness coverage 

If you haven’t committed a violation or had an accident for which you were to blame in the previous year. Or if you haven’t had more than one at-fault accident in the previous three years you are eligible to purchase accident forgiveness.

Discounts Available in American family auto insurance

  • Policy bundles. 
  • Multiple vehicle insurance. 
  • Having the qualities required of a “good driver” by American Families. 
  • Switching from another insurance provider to American Family. 
  • Obtaining a quote from American Family if you’re switching from another insurer at least seven days before the start of your policy. 
  • Possessing a car with safety features like airbags. 
  • Completing driving course for drivers above 55
  • Driving fewer than 7,500 miles per year. 
  • achieving academic success. 
  • Becoming a teen participant in a safe driver program.
  • avoiding paper-based transactions, establishing automatic payments, or paying your premium in full upfront.

American family life insurance 

Term and whole life insurance options provided by American Family include:

Simplified term:

A term life insurance policy can be provided in 10 business days and there is no need for a medical exam to complete the application. In American family life insurance, $50,000 to $150,000 are available for the following terms. Which are 10 years, 15 years, 20 years, and 30 years.

Although you would have to undergo a medical exam, this policy provides additional coverage. These policies can also be purchased for lengths of 10, 15, 20, or 30 years, and in some situations, they can be converted into lifetime insurance after the term.

Also, we have the dream secure 15 pay whole life and a dreamsecure whole life. Although the former provides coverage for the rest of your life, this kind of perpetual life insurance is entirely paid after 15 years. The later premium policy is fixed until you are 100, and it accrues cash worth that you can use as collateral or leave to your heirs.

Furthermore, we also have whole life for adults and the whole life of children. The first policy, which is accessible to those aged 50 to 80, does not call for a medical test and offers two coverage levels, $10,000 and $15,000, depending on your need. If you want to guarantee that your final expenses are covered, it can be a wise choice. Later Your child can purchase permanent life insurance for $25,000, $50,000, or $75,000, depending on their age. Depending on the payments in your plan, you’ll pay off the insurance in 10 or 20 years, but your child will be protected for life.

What customers had to say about American family life Insurance

According to statistics collected over three years by the National Association of Insurance Commissioners. American Family received significantly fewer auto insurance-related complaints from state regulators than one would expect given a firm of its size.

In April 2022, an online poll by soccer pen a sample of American Family’s customers gave the company an overall satisfaction rating of 80 out of 100. For comparison, the highest score was 86, and the highest score among the seven insurers was 77.

American Family homeowners Insurance 

Dwelling coverage

Damage to the home and everything permanently affixed to it is covered by dwelling coverage. The garage, roof, chimneys, deck, countertops, cabinets, flooring, and vanities are all included in this.

Other structures

This covers damages to structures not permanently attached to the house

Personal possessions

Here the company covers any damaged or stolen personal property. Such as electronics, furniture, clothing, tools, and power equipment.

Loss of use

If the home is destroyed as a result of an insured loss and the policyholder is unable to stay there. the firm will pay for interim living expenses such as food, shelter, and rent.

Personal liability

These are the legal costs associated with lawsuits brought against the policyholder or a member of their family as a result of injury or property damage. Here, the insurance company will cover the legal cost.

Medical payments

The treatment bills of anyone hurt by the policyholder will be taken care of by the company. Together with the previously mentioned basic homes insurance options, American Family Insurance also provides the following additional optional coverages:

Water back-up

sewage backups and clogged sump pumps can cause water damage and the insurance company will cover all expenses. However, this particular coverage is optional.

Identity theft

It provides financial restoration fees if your identity is stolen.

Home Business

This insurance company gives you more liability and personal property protection if you operate a home-based business.

Equipment repair or replacement 

American family insurance covers the cost of repairing or replacing malfunctioning appliances, home systems, or smart home gadgets that occur suddenly.

Matching siding

Your homeowners’ insurance will pay for siding damage caused by a storm or fire. For up to $20,000, matching siding protection will pay for you to replace any siding that is undamaged so that everything matches.

Senior living

for senior citizens residing in nursing homes or assisted living centers covers liabilities and personal property.

Vacant home

This policy, which is offered for terms of three, six, or twelve months, covers damage if your home is vacant while undergoing repairs or while it is on the market.


It provides up to $25,000 in coverage for hidden water leak-related damage, including mold.

Temporary rental 

This coverage covers damage that takes place while you temporarily rent out your home to others (no more than 62 days annually total).

Is there a cancellation cost for American Family Insurance?

It’s simple to cancel an American Family auto insurance policy. The American Family does not charge cancellation fees. You can cancel your coverage by calling the customer service number at (800) 692-6326 or your American Family representative.

American family insurance phone number 

At any time, you can call 1-800-MYAMFAM (1-800-692-6326).  They are available 24/7

What is American Family Insurance’s AM Best rating?

The Long-Term Issuer Credit Ratings’ outlooks have changed from stable to negative at AM Best, while the company has maintained its A financial strength rating.

Who is the owner of American Family Insurance?

The Corporation was established in 1957 as a stock life insurance business in accordance with Wisconsin law. AmFam, Inc.’s wholly-owned subsidiary is the Company.

Do you receive a refund after canceling your insurance?

Any premiums you have already paid should be refunded. To account for the days the policy was in effect, your insurer can deduct a small sum. You can also be assessed a modest administrative cost. You might receive a longer cooling-off period from some insurers.

How much charity does American Family provide?

In 2021, American Family Insurance and the American Family Insurance Dreams Foundation will contribute approximately $1.9 million in awards to more than 200 charity organizations.

How can I find out where my American Family Insurance claim stands?

The MyAmFam app or My Account both allow you to monitor the progress of your claim at any time. If you have any questions or concerns, you can also phone us at 1-800-MYAMFAM (1-800-692-6326).

How long do you have until you may submit a claim to American Family?

American Family has no specific deadline for filing claims, thus it will take a claim into account even if it is submitted months or years after the incident. American Family is more likely to reject a claim, nevertheless, if the delay was excessive or interfered with their capacity to conduct an investigation.

Key phrases

1 American family insurance 

2 American family life insurance 

3 American Family Auto insurance 

4 American family Homeowners Insurance 

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