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A.M. Best Rates AAA Northern California, Nevada and Utah Insurance Exchange A+

By Jennifer Mack

Company Provides AAA-branded Insurance in 23 States and Washington D.C.

WALNUT CREEK, Calif., May 30th, 2012* - AAA Northern California, Nevada & Utah Insurance Exchange, a major provider of AAA-branded insurance, is proud to announce that worldwide-insurance ratings agency A.M. Best has renewed its A+ rating. The company has maintained a rating of A or higher for 83 years.

"Our rating validates that we are well-positioned for growth," said CEO Paula Downey. "We have the capital strength to invest in the products, services and technology we need to compete in a national market. We're so pleased that A.M. Best recognizes the steps we've taken to expand into new geographies and to improve our overall profitability."

AAA Northern California, Nevada & Utah Insurance Exchange is also known by its group name, the California State Auto Group. The company offers a full line of insurance products including homeowners, auto, renters, and personal umbrella policies. It is one of the top 20 property and casualty insurers in the United States. Through partnerships with AAA clubs, the company offers AAA-branded insurance in 23 states and the District of Columbia.

AAA insurance customers are eligible for all the benefits of AAA membership including emergency roadside assistance, maps, travel, and a wide array of discounts at hotels, car rental chains, restaurants, and traditional and online retail stores. Visit www.aaa.com for more information.

A.M. Best Company provides credit ratings for the insurance industry. Consumers shopping for insurance use Best's ratings and analysis to assess an insurer's financial strength and creditworthiness. The A.M. Best rating scale ranges from "Secure" (ratings B+ through A++) to "Vulnerable" (ratings B through F; and S).

The AAA Northern California, Nevada & Utah Insurance Exchange offers automobile, homeowners and other personal lines of insurance to AAA members through partnerships with AAA clubs. It is one of the largest personal lines insurance companies in the United States and is rated A+ by A.M. Best.

 

*Revised July, 2012

About CSAA Insurance Group

CSAA Insurance Group offers automobile, home and other personal lines of insurance to AAA Members in 23 states and the  District of Columbia. Founded in 1914, the company has been rated "A" or better by AM Best for more than 90 years and, with over $7 billion in revenue, is one of the top personal lines property casualty insurance groups in the United States. The company has been repeatedly named one of the 50 most community-minded companies in America by Points of Light. More information is available at  http://csaa-insurance.aaa.com and on social media (Facebook,  LinkedIn,  Instagram,  Tik Tok,  Threads and  YouTube).

 

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