Best by Company.

GMAC Auto Insurance Company Profile
Read ratings and reviews. Get free quotes.

General Motors Acceptance Corporation insurance is unique in that its humble origins were the result of the auto industry itself. In 1939 American motor company, General Motors decided that it would be an easy expansion for them to offer car insurance for the vehicles they already produced. In addition, they could undercut the competition by providing packaged insurance deals with their cars. Providing both services to the consumer allowed them to be competitive in both the manufacturing and insurance market as they could adjust prices to their vehicles or policies and easily attract new customers. GMAC insurance enjoyed much success because of the popularity of GM cars in the United States. It was a fully owned subsidiary of General Motors until 2005 when it was purchased outright and became a subsidiary to the much larger Ally Financial Group. GMAC processes over 2 billion dollars in gross premiums per year and is one of the largest insurance agencies in the US.

Quick Facts for GMAC Car Insurance

  • Founded : 1939
  • HQ : Winston Salem, North Carolina, USA
  • Auto Insurance : YES
  • Health Insurance : NO
  • Life Insurance : NO
  • Fortune 500 : NO
  • **S&P Best Financial Strength : B++
  • **S&P Best Credit Strength : B++
  • *A&M Best Rating : BBB
  • ***J.D. Power Pricing Rating :
  • J.D. Power Billing and Payment Rating :
  • J.D. Power Policy Offerings Rating :
  • J.D. Power Contacting Insurer Rating :
  • J.D. Power Overall Satisfaction Rating :
  • Customers Completely Satisfied % : 63%