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Ameriprise Auto Insurance Company Profile
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Ameriprise began as an investment company in the late 19th century. By focusing on long term high yield investments, Ameriprise was able to develop dependable returns and a large client base. Eventually its investment profits increased to such a high level that Ameriprise was able to enter the auto insurance business. Basing its philosophy on the more prominent auto insurance companies at the time, the focus of the business was strict underwriting and fast claims payment. This formula worked for Ameriprise, and was sold to the American Express Corporation where it celebrated years of growth and prosperity. In 1995 the company gained independence and is now one of the largest insurance firms in the United States. Remembering its roots as a long term investor, Ameriprise rewards customers who have spent multiple years with the company by lowering their premiums and providing discounts on other forms of insurance. Ameriprise now has over 2 million clients. In addition Ameriprise processes over 500 million dollars in gross premiums per year.

Quick Facts for Ameriprise Car Insurance

  • Founded : 1894
  • HQ : Minneapolis, Minnesota, USA
  • Auto Insurance : YES
  • Health Insurance : YES
  • Life Insurance : YES
  • Fortune 500 : #348
  • **S&P Best Financial Strength : A
  • **S&P Best Credit Strength : A
  • *A&M Best Rating : A
  • ***J.D. Power Pricing Rating :
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  • J.D. Power Overall Satisfaction Rating :
  • Customers Completely Satisfied % : 55%