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New England Financial Ratings and Company Information
Best Insurance Reports: A-
Url of page where rating was collected:
Best Rating: A.M. Best rating: A- (excellent)
Type of Insurance Company: Mutual
Name of Parent Company:
Union Mutual of Vermont Companies
Company History: Founded 1855 in Norton Hill, NY as a fire insurance carrier. Eastern Mutual is an assessment cooperative corporation, selling insurance in upstate New York only.
Principle Sales Methods: Independent agents and brokers.
Auto Business: Eastern Mutual sells Auto and Mobile Home insurance to upstate New York drivers.
Homeowners Business: Eastern Mutual sells Homeowner, Farm, Dwelling Fire and Landlord policies to residents of upstate New York.
Special Business: Eastern Mutual sells commercial lines, including Business Owner, Commercial Fire and Multi-peril coverages for upstate New York businesses.
Company Financial Status:
Assets & Premiums: 2006 Assets: $13.8 million
Lines of Insurance:
States licensed to sell insurance in: