Frankenmuth Insurance Shines Bright Among Top Small Business Insurance Providers in Forbes Ranking

Frankenmuth Insurance: A Leader in Small Business Coverage



Frankenmuth Insurance, a prominent name in the insurance industry, is celebrating an impressive achievement as it has been recognized among the top small business insurance companies by Forbes Advisor. This esteemed recognition reflects the company's unwavering commitment to providing exceptional support and protection for small businesses.

In December 2024, Forbes Advisor conducted a thorough evaluation of various insurance carriers, analyzing their claims processes and customer satisfaction ratings. Frankenmuth Insurance earned the seventh spot overall, boasting a commendable 4.2-star rating based on data compiled from the National Association of Insurance Commissioners. The rating also highlights the company's stellar claims satisfaction, which averages at an impressive 95%. This level of reliability is crucial for small business owners seeking peace of mind when it comes to protecting their investments.

Scott Merrihew, Chief Commercial Lines Officer at Frankenmuth Insurance, spoke about the significance of this recognition, stating, "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."

Founded more than 155 years ago, Frankenmuth Insurance operates on the principle of community support, fostering a culture of neighbor helping neighbor. The organization is dedicated to empowering small businesses through reliable coverage, reflecting its commitment to being an essential partner for business owners.

One key aspect that sets Frankenmuth Insurance apart is its exclusive partnerships with over 800 independent agencies across 15 states. This broad network enables the company to customize insurance packages that encompass business, home, auto, and life insurance alongside surety bonds. The company's focus on tailored solutions ensures that policyholders receive the most relevant coverage to fit their individual needs.

Financially, Frankenmuth Insurance has proven to be a secure choice for policyholders, holding more than $2 billion in assets. Furthermore, it has achieved an AM Best rating of A (Excellent) for its financial strength, reassuring businesses of its stability and reliability.

As the business landscape becomes increasingly complex, having a trusted insurance provider becomes paramount for small business owners who seek stability and support. Frankenmuth Insurance has positioned itself as not just an insurance carrier, but as a partner invested in the growth and success of its clients.

In conclusion, this recognition from Forbes Advisor is a testament to Frankenmuth Insurance's dedication to servicing small businesses. With its long-standing history of support, customer-focused policies, and commitment to exceptional service, it remains a top choice for business insurance needs. For further information about their offerings, interested parties can visit fmins.com.

Topics Financial Services & Investing)

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