Frankenmuth Insurance Earns Top Marks for Small Business Coverage
Frankenmuth Insurance Achieves Prominent Recognition
Frankenmuth Insurance is thrilled to share that it has achieved a significant accolade, being recognized among the best for small business insurance by a respected source. This honor not only showcases the company's commitment to excellence but also reflects the trust and satisfaction of its policyholders.
Forbes Advisor Recognition
In a recent evaluation by Forbes Advisor, Frankenmuth Insurance was ranked seventh overall with an impressive 4.2-star rating. This ranking is the result of a meticulous examination of various insurance providers based on criteria that included complaint data from the National Association of Insurance Commissioners regarding commercial liability and property insurance.
Exceptional Customer Service
The accolade is indicative of the high level of claims satisfaction that Frankenmuth Insurance provides. With an average claims satisfaction rating of 95%, policyholders can count on fast and fair claims service, along with timely support during critical moments.
Commitment to Small Businesses
Scott Merrihew, the Chief Commercial Lines Officer at Frankenmuth Insurance, remarked, "This recognition demonstrates the trust that our policyholders place in us every day. We understand that small businesses are the backbone of our communities, and we take pride in providing the protection and support they need to thrive."
A Long History of Support
With a legacy spanning over 155 years, Frankenmuth Insurance stands as a pillar of support for businesses of all sizes. Founded on a philosophy of neighbor helping neighbor, the company has made it its mission to safeguard and empower the small business sector. Their clients benefit from a range of reliable coverages and dedicated customer service.
Financial Stability
Frankenmuth Insurance is recognized as a financially sound and stable entity, holding over $2 billion in assets with an AM Best A (Excellent) financial strength rating. They take pride in being a super-regional carrier, working exclusively with more than 800 independent agencies across 15 states to design customized insurance solutions, including policies for business, home, auto, and life insurance.
The Impact of This Recognition
Being acknowledged by Forbes Advisor is not just an achievement for Frankenmuth Insurance; it is a validation of their ongoing efforts to provide exceptional service and protection to small businesses. This recognition is a catalyst for continuing to innovate and enhance the offerings available to policyholders, ensuring they receive comprehensive support.
Future Aspirations
Frankenmuth Insurance intends to leverage this esteemed recognition to further bolster its initiatives in customer service and product offerings. As the landscape of small business insurance continues to evolve, the company remains adaptable and responsive to the needs of its clients, ensuring they remain at the forefront of the industry.
Frequently Asked Questions
What does the recognition from Forbes Advisor mean for Frankenmuth Insurance?
This recognition highlights Frankenmuth Insurance's commitment to providing excellent service and coverage options tailored for small businesses, reinforcing trust among its policyholders.
How does Frankenmuth Insurance ensure high customer satisfaction?
With a claims satisfaction rating averaging 95%, the company prioritizes fast and fair service, addressing clients' needs promptly and effectively.
What are the key offerings from Frankenmuth Insurance?
Frankenmuth Insurance offers a variety of insurance products, including policies for business, home, auto, and life insurance, ensuring comprehensive coverage for their clients.
How long has Frankenmuth Insurance been in the industry?
With over 155 years of experience, Frankenmuth Insurance has a rich history of supporting individuals and businesses through reliable insurance solutions.
What makes Frankenmuth Insurance a stable choice for policyholders?
The company boasts over $2 billion in assets and has received an AM Best A (Excellent) rating, demonstrating its financial strength and stability in the market.
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