Sunday, 3 April 2011

Foremost Insurance, Homeowner Insurance

Yes, Farmers has partnered with Foremost Insurance to offer collectible auto insurance in the continental United States. Foremost is part of Farmers.Are there discounts available for collectible auto insurance coverage?
Yes, Foremost Insurance offers a multi-vehicle discount when you insure more than one collectible auto. Policy discounts vary by state.


When it comes to insurance, we know you want quality coverage from a solid, dependable company. You want the peace of mind that comes with knowing, in the event you need us, we'll be there to help you get your life back to where it belongs quickly, compassionately and with as little hassle as possible. And you feel, rightfully so, that if you are a good risk, you should be rewarded with lower  insurance costs. We understand that you want all of the above at the best price possible. At Farmers, we are always looking for new ways to keep the cost of insurance affordable. To do this, we use a tool called the Risk Assessment Indicator.

What is a Farmers Risk Assessment Indicator?

A Farmers Risk Assessment Indicator is a code developed from and based upon credit report information. Depending on the kind of policy, Farmers' underwriters may use this indicator along with motor vehicle records, loss reports and/or other information to rate auto and/or homeowner insurance policies. Risk Assessment Indicators are highly predictive of future claims activities, and the use of indicators allows Farmers to charge customers a rate that is appropriate to the risk insured.

Where do Risk Assessment Indicators come from?

Risk Assessment Indicators are based on information from consumer credit reports from one of three institutions: LexisNexis Consumer Services, Equifax or CSC Credit Services.

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