FAQ

American Family Insurance Review 2022 | NextAdvisor with TIME

American Family, or AMFAM, has been turning the insurance industry around in one form or another since 1927. These days, American Family is one of the ten largest insurance companies in the United States. for auto and home policies. offers policies in 19 states.

the provider has mixed opinions on customer satisfaction, but a below average number of complaints. amfam offers many policy variations, as well as many discounts to lower premiums. we’ll go over everything you need to get started with an american family policy.

Reading: What states is american family insurance in

american family auto insurance

american family auto insurance policies provide all the coverage you expect. but they also offer some less common coverages, like gap and roadside emergency, which can save your life if you find yourself in a sticky situation.

american family also offers a wide range of discounts to reduce the cost of insurance. If you’re a young driver, insurance rates are often higher, and amfam offers many discounts geared toward young drivers to help balance the cost.

types of coverage

These are typical auto insurance coverage options offered by American Family. availability of coverage may depend on the state where you purchase the policy.

  • collision
  • wholemeal
  • liability for property damage
  • bodily injury liability
  • medical expenses
  • personal injury protection
  • gap
  • protection for underinsured motorists
  • rent reimbursement
  • protection for uninsured motorists
  • emergency road service
  • accidental death and dismemberment
  • cost of american family car insurance

    Auto insurance rates depend largely on the person and the vehicle. the better your driving record, the better rate you are likely to get. or if your car has enhanced safety features, that could also lower your rate. According to the latest data from Bankrate, the average cost of full coverage auto insurance is $1,674 per year, or $139.50 per month. nextadvisor applied for a driving policy for a 31-year-old with no accidents in the last six months. amfam quoted $859 for a 6-month premium, or $142.65 per month, with $50,000 for bodily injury.

    american family car insurance discounts

    amfam is generous with its discounts. offers discounts for all types of drivers. here is a list of what you can get, divided into a few categories.

    Standard discounts:

    • multiple vehicles: Get a discounted rate when you insure multiple cars with amfam.
    • loyalty: This discount is available to customers who have used american family “for a while”. How long you have been an amfam customer affects the discount rate.
    • Advance Sale: You may qualify for this discount if you already have an active policy with another company, then receive a quote from amfam at least one week before the policy goes into effect.
    • multi-product: This discount reduces coverage for those who use amfam for more than one type of insurance, such as auto and home.
    • discounts for safe driving:

      • auto safety equipment: These discount policies for cars with factory-installed airbags.
      • Defensive Driver: In some states, you may qualify for a discount if you are age 55 or older and complete an approved defensive driving course.
      • good driving: Having a clean driving record over a long period of time could lower the cost of your insurance policy.
      • low mileage: Policyholders who drive 7,500 miles per year or less may qualify for this discount.
      • knowyourdrive: This is a usage-based discount. amfam tracks your driving habits through the smartphone app. the safest drivers can qualify for a discount of up to 20 percent.
      • discounts for young drivers:

        • good student: If you maintain good grades in school, you could lower your rate.
        • teensafedriver: This is a usage-based discount for teen drivers. it is similar to knowyourdrive.
        • off campus: If you are at a school that is 100 miles or more from home and your car is parked at home, then you may be able to get a discount. this is also available for your child if he is under 25 years old.
        • Young Volunteer: If you are under the age of 25 and complete at least 40 hours of volunteer work per year for a non-profit organization, you may qualify for a discounted rate.
        • Generational: If you have a parent with an amfam policy, then you could also save on your policy.
        • billing discounts:

          • Auto Pay – If you sign up for automatic payments, you can lower your rate.
          • customer payment in full: If you can pay for your policy in full when you buy it, you may get a discount.
          • Paperless: This discount is for customers who enroll in online billing.
          • American family home insurance

            Just like american family auto policies, amfam home policies have many discounts available. JD Power rates American Family home insurance average for the industry, and Bankrate estimates the cost of American Family home insurance right in the middle compared to competitors.

            “american family home insurance comes with several discounts, including some for homeowners who have smart devices or security features that will protect the home from damage or theft. You can also get different discounts based on how old the house is or when you bought it,” says Ben Reynolds, CEO of financial advisory firm Sure Dividend.

            types of coverage

            american family home insurance policies are customizable. These are the coverages you can choose when hiring or renewing your home policy.

            See also: Finding The Best Life Insurance For Children: Pros & Cons – Forbes Advisor

            standard covers:

            • housing
            • other structures
            • personal property
            • loss of use
            • personal responsibility
            • optional coverages:

              • equipment breakdown
              • water reservoir and sump pump coverage
              • matching coating protection
              • credit theft protection & tracking
              • cost of american family home insurance

                bankrate estimates the average cost of an american family home insurance policy to be $1,295 per year, which works out to $108 per month.

                This profile is based on a policy with $250,000 in homeowners coverage. Please note that this is a general profile, and the actual rate you receive will depend on your individual profile.

                american family home insurance discounts

                These are the home insurance discounts that American Family offers its customers, divided into a couple of categories.

                Standard discounts:

                • package & save: when you buy two or more types of insurance from american family, you can get a reduced rate on all policies.
                • Home age: If your home is 15 years old or younger, you may be able to get a lower rate.
                • Renovated Home : If you’ve completely replaced your home’s plumbing, electrical, and heating systems in the last 15 years, you may qualify for a discount.
                • Insurance Pay: This discount applies to policyholders who set up auto pay and paperless billing, and who pay their policy in full in advance.
                • loyalty discount: If you have been an amfam customer for more than a year, you may be able to get a reduced premium.
                • generational discount: if you are between 18 and 30 years old and your parents have an active policy with american family, the cost of your home insurance could be reduced.
                • smart home discounts:

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