According to AM best, which is the authority figure on insurance company ratings, Enumclaw insurance has an A- rating. An A- is an excellent rating. A group of Washington residents, who created the Farmers Mutual Insurance Company, founded Enumclaw Insurance (then known as Farmers Mutual Insurance Company) in 1898. The residents’ main purpose for forming the company was to secure local farm and other country buildings, as well as personal property, from being lost to fires or lightning. In 1966, the company officially changed its name to Mutual of Enumclaw Insurance Company (Enumclaw Insurance).
Ever since its formation, Enumclaw Insurance has continued to grow. Presently, Enumclaw Insurance provides its clients with more than just fire and lightning coverage. They have added many new coverage areas in order to meet clients’ needs and keep up with its competitors. Coverage areas now include an array of family products, business products, farm products and even a coverage area to protect a person’s most valued asset, your identity. They remain true to their goal of providing finical security by remaining true to their words.
Enumclaw Insurance has a stable financial backing. As of December of 2009, the company had over $335 million in written premiums, $20 million by Enumclaw Property and casualty and $315 million by Mutual of Enumclaw Insurance Company. Also in January of 2010, Eric Nelson the former Senior VP became president and CEO of Mutual Enumclaw Insurance. The company itself has remained privately held and has approximately 516 employees in the four states that it has a license to do business.
In order to keep premium costs low by not only using underwriting but also they have several payment options. These payment options include check-less, online, by phone and of course regular post. When clients’ use the check-less option, insurance payments are automatically deducted from your bank account, which gives many clients piece of mind. This option is very popular as it is one less thing for you to remember. According to an online customer survey done by insurance.freeadvice.com, 60% of Enumclaw Insurance customer’s were satisfied to some degree with the service they had received while only 40% were unsatisfied.