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Electric Insurance Review

Electric Insurance Ratings and Company Information

Company Rating:
Best Insurance Reports: A-
Url of page where rating was collected: Click Here to Visit
Best Rating: A.M. Best rating: A- (excellent)

Type of Insurance Company: Mutual; parent is stock

Name of Parent Company:
General Electric

Company Overview:
Company History: Founded in 1927, the company was formed to provide GE with Workers’ Compensation insurance in Massachusetts. By the 1950’s, it began providing coverage nationally for GE, and expanded its product offering to include general liability and commercial auto.

Principle Sales Methods: Career agents.

Auto Business: Electric Insurance sells Auto Insurnace only to GE employees, retirees and current customers.

Homeowners Business: Electric Insurance sells Homeowners Insurance only to GE employees, retirees and current customers.

Special Business: Electric Insurance sells only to GE employees, retirees and current customers.

Company Financial Status:
Ticker Symbol: GE
Assets & Premiums: Standard & Poor's rating: A (strong)

Lines of Insurance:
Auto, Homeowners

States licensed to sell insurance in:
AL, AK, AZ, AR, CA, CO, CT, DE, DC, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, WY

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