ACIG Auto Insurance Review

ACIG Auto Insurance is American Contractors Insurance Group, Ltd. Compare ACIG Auto Insurance with other auto insurance companies with our free zip code search. ACIG’s auto insurance is catered to those working in the construction profession.A policy from ACIG can be used on anything from an individual contractor or subcontractor’s pick-up truck to a fleet of construction vehicles owned and maintained by a construction or development corporation. Try our free quote comparison tool now to see what you would pay.

ACIG Auto Insurance Liability

The first thing that consumers should know is that the company is officially registered in Bermuda, not the United States. Although this has yet to raise difficulties for consumers, incorporation in a foreign country does pose potential problems should the company default on its policies.

According to company records, incorporation in Bermuda was done in 1981 to avoid costly United States taxes. However, despite relaxation of corporate tax codes in the United States in the early 2000s, the company has opted not to reincorporate in the United States.

Should the company default, which it shows no signs of doing, it would be very difficult for consumers to receive claims and/or compensation.

ACIG Auto Insurance Consumer Protection

Rates for individuals who use their primary vehicles for work tend to be much less than similar auto insurance costs from traditional car insurance companies.

This remains true for anyone, from a pizza delivery person driving around in a 2002 Honda, to a drywall subcontractor driving around materials in a 2010 Dodge pick-up truck. 

• Individual rates for those using their own vehicles for work-related activities are cheaper than with traditional insurance companies.
• Individual rates meet all state minimum standards.
• Individual rates apply to all work-oriented vehicles, not simply to those working in the construction industry.

ACIG Auto Insurance Company Vehicle Protection

Company vehicles are those automobiles, trucking, and other motor-driven conveyances that are owned by a company as part of that company’s fleet.

This could include a group of company cars owned by a business.

It might include a fleet of trucks, sedans, tractor-trailers, and more, owned by, for example, a shipping business.

Rates for fleets of cars are comparable to such policies from other leading insurance carriers.

• Company vehicles can come in a variety of types.
• Company vehicles can be insured for all employees or for select groups of drivers.
• The more vehicles on a policy, the larger the savings.

ACIG Auto Insurance Benefits

ACIG works best for consumers seeking to insure a single work vehicle or a fleet of company vehicles. The scarcity of local ACIG offices is typically not a drawback for a business wherein the “office” takes care of filing and submitting insurance claims.

For insuring a large fleet of vehicles, the pricing at ACIG is highly competitive.

Additionally, ACIG offers workers liability insurance, which is a draw for many companies. This workers compensation insurance may be bundled with vehicle protection services for better auto insurance discounts.

Downsides of ACIG Auto Insurance

At present, ACIG does not offer the best rates and protection for those seeking a traditional car insurance company. For example, imagine Kesha, a mother with two teenagers living at home.

With a traditional insurance company, Kesha’s teenaged drivers could qualify for cheap auto insurance rates based on academic performance. Kesha might also save money with a traditional insurer by combining her auto, home, and life insurance policies.

With ACIG, Kesha would more than likely pay more to insure herself and her teenaged children.

ACIG is an international, rather than a local company. It is unlikely that a consumer will find a local agent in any given area or region. Individual drivers may feel uncomfortable making all claims and arrangements via the internet or telephone.

Auto Insurance Comparisons

For companies seeking to insure a fleet of vehicles, be they sedans or trucks or some blending of the two, ACIG offers very attractive insurance rates and services.

You can compare free auto insurance quotes today with our comparison tool.

For individual consumers looking to switch from a traditional auto insurance provider, the savings are simply not there.

ACIG is provides types of auto insurance more for businesses, but at present, ACIG is not a prudent choice for individual consumers.

Additionally, companies seeking to insure their fleets with American Contractors Insurance Group must be prepared for ACIG’s assessment process.

This will include a technical plan review, a review of full-scale mock-ups, progress site observations and accompanying documentation, technical training (either at an ACIG center or in the presence of a company representative), diagnostic testing, and more.

In the end, everyone looking for car insurance should check auto insurance reviews to be well-inform before they make any decisions. With a free quote comparison from our zip code search, you can find the coverage that best fits you. Try it today!