American bankers insurance company of florida official website

Q: What rating is American Bankers Insurance Company of Florida?

Based on AM Bests analysis, 050573 - Bankers Financial Corporation is the AMB Ultimate Parent and identifies the topmost entity of the corporate structure. ... Bankers Insurance Company..

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Products

Name:

American Bankers Insurance

Parent Company:

Assurant Solutions

Home Office:

North York,ON

General Phone Number:

(877) 651-1032

Claim Information:

Claim Phone Number:

(800) 423-4403

Billing Information:

Website Links:

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Please check the name of the entity you are trying to reach before contacting us.

We are Bankers Insurance LLC, headquartered in Glen Allen, VA.
We are not: Bankers Insurance Company, Bankers Insurance Group, Bankers Standard Life Insurance Company, Bankers Life Insurance Company, Bankers Life, or American Bankers Insurance.

Client Inquiries &
Corporate Office:

If in doubt, call (800) 541-1419.
You will speak to a real human, during normal business hours, that can direct your call appropriately.

Clients, policy service and claims can also be initiated through our mobile app:

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Company Details

AMERICAN BANKERS INSURANCE COMPANY OF FLORIDA License Status :
Active

NAIC Number :

10111

Phone Number:

305-253-2244

Company Address:

PO BOX 202141
FLORENCE, SC 29502

Description:

Property and Casualty

License Number:

B421677

Date Admitted:

1949-02-11

Link to Supplemental Data Page

Year	Line	Market Share	Direct Premium Written	Direct Premium Earned	Direct Losses Paid	Direct Losses Incurred	Loss Ratio
2021	Total Accident & Health	0.00%	$978	$978	$0	$0	0.00 %
2021	Total Group Accident & Health	0.00%	$978	$978	$0	$0	0.00 %
2021	Group Long Term Credit Disability	0.84%	$978	$978	$0	$0	0.00 %
2021	Total Property & Casualty	0.10%	$31,904,401	$33,101,907	$13,885,111	$14,774,458	44.63 %
2021	Total Homeowners	0.15%	$9,374,509	$9,127,583	$3,553,010	$4,043,125	44.30 %
2021	Homeowners Multi-Peril	0.16%	$9,374,509	$9,127,583	$3,553,010	$4,043,125	44.30 %
2021	Inland Marine (Incl Auto Cargo)	0.40%	$5,692,490	$5,707,153	$1,957,902	$1,975,762	34.62 %
2021	Other Liability - Bodily Injury & Property Damage	0.57%	$12,474,918	$13,354,377	$7,068,576	$7,124,603	53.35 %
2021	Other Liability - Warranty	0.00%	$-3	$-3	$0	$-354	11,800.00 %
2021	Total Private Passenger Automobile	0.00%	$22,123	$410,960	$139,630	$37,181	9.05 %
2021	Private Passenger Auto Liability Bodily Injury	0.00%	$2,523	$46,949	$21,484	$-158	-0.34 %
2021	Private Passenger Auto Medical Payments	0.00%	$340	$6,406	$0	$0	0.00 %
2021	Private Passenger Uninsured Motorists	0.00%	$1,143	$21,294	$0	$0	0.00 %
2021	Private Passenger Underinsured Motorists	0.00%	$1,066	$19,824	$0	$0	0.00 %
2021	Private Passenger Accidential Death & Disab/Dism	0.00%	$-1	$-12	$0	$0	N/A
2021	Private Passenger Auto Comprehensive	0.00%	$4,945	$88,620	$82,702	$25,764	29.07 %
2021	Private Passenger Auto Collision	0.00%	$12,107	$227,879	$35,444	$11,575	5.08 %
2021	Surety	0.13%	$259,309	$296,480	$59,240	$83,770	28.25 %
2021	Credit Property (Excluding V.S.I.)	0.12%	$84,200	$85,939	$55,137	$43,671	50.82 %
2021	Credit Unemployment	2.96%	$75,145	$32,519	$0	$2,395	7.36 %
2021	Other Specific	0.14%	$16,215	$17,504	$6,957	$5,360	30.62 %
2021	National Flood Insurance Program	11.67%	$3,905,495	$4,069,395	$1,044,659	$1,458,945	35.85 %
2020	Total Group Accident & Health	0.00%	$1,255	$1,255	$0	$0	0.00 %
2020	Group Long Term Credit Disability	1.60%	$1,255	$1,255	$0	$0	0.00 %
2020	Total Property & Casualty	0.11%	$33,164,951	$30,143,130	$14,542,428	$14,196,500	47.10 %
2020	Total Homeowners	0.15%	$8,776,898	$8,360,908	$3,063,199	$3,250,049	38.87 %
2020	Homeowners Multi-Peril	0.16%	$8,776,898	$8,360,908	$3,063,199	$3,250,049	38.87 %
2020	Commercial Multi-Peril	0.00%	$0	$0	$73,611	$32,738	N/A
2020	Inland Marine (Incl Auto Cargo)	0.37%	$4,555,497	$4,555,785	$1,718,249	$1,730,761	37.99 %
2020	Other Liability - Bodily Injury & Property Damage	0.76%	$14,672,120	$12,277,138	$6,049,154	$6,806,303	55.44 %
2020	Other Liability - Warranty	0.00%	$0	$0	$135,516	$135,516	N/A
2020	Total Private Passenger Automobile	0.01%	$796,790	$740,191	$185,193	$222,082	30.00 %
2020	Private Passenger Auto Liability Bodily Injury	0.00%	$91,110	$86,289	$20,000	$23,867	27.66 %
2020	Private Passenger Auto Medical Payments	0.01%	$12,287	$11,773	$0	$0	0.00 %
2020	Private Passenger Uninsured Motorists	0.01%	$41,275	$39,136	$0	$0	0.00 %
2020	Private Passenger Underinsured Motorists	0.03%	$38,490	$36,435	$0	$0	0.00 %
2020	Private Passenger Accidential Death & Disab/Dism	0.00%	$-23	$-22	$0	$0	N/A
2020	Private Passenger Auto Comprehensive	0.01%	$177,959	$158,642	$115,635	$136,768	86.21 %
2020	Private Passenger Auto Collision	0.02%	$435,692	$407,938	$49,558	$61,447	15.06 %
2020	Total Commercial Automobile	0.00%	$0	$35,066	$0	$0	0.00 %
2020	Commercial Auto Comprehensive	0.00%	$0	$35,066	$0	$0	0.00 %
2020	Surety	0.11%	$197,186	$155,715	$73,836	$73,750	47.36 %
2020	Credit Property (Excluding V.S.I.)	0.07%	$43,551	$189,663	$93,983	$48,965	25.82 %
2020	Credit Unemployment	2.01%	$41,543	$-16,624	$0	$509	N/A
2020	Other Specific	0.24%	$21,580	$21,051	$13,597	$15,083	71.65 %
2020	National Flood Insurance Program	12.15%	$4,059,786	$3,824,237	$3,136,090	$1,880,744	49.18 %
2019	Total Accident & Health	0.00%	$1,649	$1,649	$0	$0	0.00 %
2019	Total Group Accident & Health	0.00%	$1,649	$1,649	$0	$0	0.00 %
2019	Group Long Term Credit Disability	1.26%	$1,649	$1,649	$0	$0	0.00 %
2019	Total Property & Casualty	0.12%	$35,911,314	$29,170,838	$22,701,207	$23,827,228	81.68 %
2019	Total Homeowners	0.14%	$7,894,764	$7,789,078	$3,908,510	$3,966,159	50.92 %
2019	Homeowners Multi-Peril	0.15%	$7,894,764	$7,789,078	$3,908,510	$3,966,159	50.92 %
2019	Commercial Multi-Peril	0.00%	$0	$72	$345,108	$-44,888	-62,344.44 %
2019	Inland Marine (Incl Auto Cargo)	0.48%	$6,213,977	$6,213,049	$1,873,378	$1,879,059	30.24 %
2019	Other Liability - Bodily Injury & Property Damage	0.89%	$16,629,619	$9,954,068	$4,497,021	$4,563,890	45.85 %
2019	Other Liability - Warranty	0.00%	$43	$43	$128,043	$128,043	N/A
2019	Total Private Passenger Automobile	0.01%	$696,380	$667,061	$136,472	$168,269	25.23 %
2019	Private Passenger Auto Liability Bodily Injury	0.00%	$83,102	$79,853	$33,862	$39,312	49.23 %
2019	Private Passenger Auto Medical Payments	0.01%	$11,207	$10,895	$0	$0	0.00 %
2019	Private Passenger Uninsured Motorists	0.01%	$37,647	$36,217	$0	$0	0.00 %
2019	Private Passenger Underinsured Motorists	0.03%	$35,107	$33,718	$0	$0	0.00 %
2019	Private Passenger Accidential Death & Disab/Dism	0.00%	$-21	$-21	$0	$0	N/A
2019	Private Passenger Auto Comprehensive	0.01%	$153,508	$141,792	$71,827	$88,980	62.75 %
2019	Private Passenger Auto Collision	0.02%	$375,830	$364,607	$30,783	$39,977	10.96 %
2019	Total Commercial Automobile	0.00%	$39,540	$4,473	$0	$0	0.00 %
2019	Commercial Auto Comprehensive	0.02%	$39,540	$4,473	$0	$0	0.00 %
2019	Surety	0.06%	$124,494	$134,570	$67,170	$67,242	49.97 %
2019	Credit Property (Excluding V.S.I.)	1.93%	$607,915	$791,837	$382,583	$371,328	46.89 %
2019	Credit Unemployment	2.31%	$49,064	$36,955	$4,793	$-6,867	-18.58 %
2019	Other Specific	0.19%	$19,768	$19,666	$10,958	$10,685	54.33 %
2019	National Flood Insurance Program	10.77%	$3,635,750	$3,559,966	$11,347,171	$12,724,308	N/A

Enforcements

The department has not taken enforcement action against this company in the past three years.

Link to Enforcements Page

Complaint Index

Year	Line	Market Share	Number of Complaints	Complaint Index
2021	Private Passenger Auto	0.01%	1	567
2021	Homeowners	0.32%	14	489
2021	Health	0.00%	0	0
2020	Health	0.00%	0	0
2020	Private Passenger Auto	0.02%	0	0
2020	Homeowners	0.31%	12	485
2019	Health	0.00%	0	0
2019	Private Passenger Auto	0.02%	0	0
2019	Homeowners	0.30%	8	318

Company Changes

Effective Date: 11/01/2008

Comments: Voyager Property and Casualty Insurance Company merged with and into American Bankers Insurance Company of Florida.

Market Conduct

Date: 08/02/2018

ABIC818.pdf

Financial Exams

This company does not have any financial exams.

How do I contact American Bankers insurance in Florida?

To file a claim, call 1-800-358-0600, 24 hours a day, 7 days a week. American Bankers Insurance Company of Florida (ABIC) administers the policies underwritten by Ranchers and Farmers Mutual Insurance Company and American Security Insurance Company. Therefore, you may contact ABIC regarding coverages to your policy.

Is American Bankers insurance the same as Assurant?

American Bankers Insurance Company of Florida, doing business as Assurant, operates as an insurance firm. The Company offers apartment, flood and disaster, vehicle protection, and mortgage insurance products and services. Assurant serves customers in the United States.

What rating is American Bankers Insurance Company of Florida?

Based on AM Best's analysis, 050573 - Bankers Financial Corporation is the AMB Ultimate Parent and identifies the topmost entity of the corporate structure. ... Bankers Insurance Company..

How do I talk to someone at Assurant?

8:00 a.m. - 8:00 p.m. ET. Claims Customer Service: Speak to a live representative to report a new claim 24 hours a day, 7 days a week by calling 1.800. 358.0600.