Lines of Insurance:
Auto, Homeowners

States licensed to sell insurance in:
AZ, AR, CA, CO, FL, GA, ID, IL, IN, IA, KS, MN, MO, NE, NV, NM, NC, OK, OR, SC, UT, WA, WI

Type of Insurance Company: Property and Casualty

Name of Parent Company:
Workmen's Auto Insurance Company

Company Overview:

Company History: Workmen's Auto Insurance Company was founded in 1949 and is owned by the Shammas family, which also has auto dealerships and real estate holdings in the Los Angeles area. The company specializes in private passenger automobile coverage for higher risk drivers. Both auto liability and physical damage coverages are offered. The majority of policies are issued at the state minimum coverage amounts. A small amount of homeowner's insurance, condo owner's and renter's insurance is also written in California. The company is licensed in 23 states, but is active in 11. About 38% of Workmen's business in 2005 came from California, 24% from Florida and most of the remaining premiums are from Arkansas, Nebraska, Washington and Oregon.

Principal Methods: Workmen's Auto Insurance Company sells its products through a network of 1,900 independent agents, and in California, through contracted brokers.

Auto Business: The auto insurance business is primarily non-standard (higher than normal risk) and mostly for the minimum amounts required by law. Over 60% of Workmen's automobile insurance business is in California and Florida.

Homeowners Business: Workmen's Auto offers insurance for homeowners, condominium owners and renters in california. Some optional coverages for dwelling contents are also offered.

Company Rating:
Best Insurance Reports: 00980
Best Rating: B

Company Financial Status:
Assets & Premiums: At the end of 2006, Workmen's Auto had $61 million in assets and the earned premium for 2006 was $53.5 million.