California Casualty Insurance Information
California Casualty Insurance Company is among the oldest insurers in the nation. They began operation in 1914, initially offering workers' compensation policies but then adding on auto insurance to their services three years later. Since that time many other types of insurance have been offered by the company as their business model changed and expanded.
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Family Business
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Though the company has changed dramatically since 1914, the top management remains in the same family, with the CEO being the great-grandson of the original founder. The company boasts that it has retained the same set of values over its 96 years of business.
Products Offered
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California Casualty Insurance offers a variety of insurance products to their clients. They include auto, motorcycle, homeowners', renters', mobile home, personal umbrella, earthquake, flood, boat, recreational vehicle and snowmobile policies.
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Affinity Discounts
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Since 1951 California Casualty Insurance has been offering discounts to clients in certain professional groups. This began with the California Teachers Association. The list of eligible professions has expanded over the decades.
Mutual Ownership
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California Casualty Insurance is a mutual insurance company, meaning the business is entirely owned by its policyholders and not shareholders. They claim a conservative investment strategy, no debt on their balance sheet and no liquidity issues. They have an A- rating from the A.M. Best Company.
Custom Benefits
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California Casualty Insurance offers specialized coverage for their target demographics. Law enforcement officers, for example, can receive special coverage for their firearms in their personal vehicles. Teachers can have their deductibles waived if their vehicles are vandalized in proximity to school. CCI even offers health insurance for pets through a partner company. A list of specialized benefits is available on their website.
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References
- Photo Credit office building image by Lucid_Exposure from Fotolia.com
