GMAC Insurance

    GMAC Insurance

    Headquarters: 500 W. 5th St., Winston-Salem, NC 27152

    http://www.gmacinsurance.com/

    Total Assets: Over $300 billion

    Key officers: Lawrence Pentis, Chief Executive Officer

    Besides offering homeowner insurance, GMAC is one of the biggest providers of auto insurance in the United States. The company has over $1.4 billion in annual written premiums and is distinguished as the leading specialty insurer of RV’s in the country. It also offers coverage for home, motorcycles commercial vehicles.

    Some quick facts about GMAC Insurance

    The company has several endorsements it can be proud of. It’s the only auto insurance company to have the OnStar Seal of Approval and enjoys more endorsements from auto brands than any auto insurer. GMAC offers discounts tailored to one of these brands, GM, which are given to customers who have policies that have all GM-made vehicles as well as to active and retired employees of GM and their families.

    A unique line of coverage is “Mexico” insurance, which ensures a traveler’s auto insurance is recognized by Mexico when traveling there.

    On its website, the company offers the GMAC Insurance National Drivers Test for visitors to try their hand at. The test consists of questions taken from actual DMV tests given to new drivers and allows test-takers to see how knowledgeable they are about the rules of the road while comparing their score to a national average. As of May 2010, the state with the highest average score was Kansas.

    Source: Gmacinsurance.com, Hoovers.com

    Compiled by Life Quotes, Inc. Staff.

About

Consumer Insurance Guide SM provides a wide selection of originally-authored articles and expert advice targeted to the self-directed insurance shopper. Our mission is to provide consumers with useful, money-saving information on all things having to do with making sound insurance purchase decisions.

Consumer Insurance Guide SM is owned by Life Quotes, Inc. 8205 South Cass Avenue, Darien, IL. For editorial and content feeds, contact Michelle Matlock, Editor at mmatlock@lifequotes.com For advertising and lead purchase opportunities, contact Robert Bland at bob@lifequotes.com.

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