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Home > Property Insurance Coverage > Home Owners Insurance > Madison Mutual Insurance Company IL
Madison Mutual Insurance Company IL
Founded in 1920, Madison Mutual's fine service, competitively low premiums and excellent financial stability have established the Company as a leading provider of personal lines property and casualty insurance in the State of Illinois. The primary objective of Madison Mutual is to provide low cost premiums and financial stability through efficient and effective underwriting and claims practices. This philosophy provides a continuity of operations and simultaneously lessens the need for significant price fluctuations caused by inflation and the traditional market cycle.
Madison Mutual's financial stability and strength, compared to the Property and Casualty Insurance Industry in general, is demonstrated in the following Premiums written in 2005 were 33.7 million dollars. With total assets of 71.1 million dollars and policyholder surplus of 47.1 million dollars, they are well positioned for 2006 and the future. The Company's products and services are available in most of Illinois through 119 independent agencies.
Affiliated with these agencies are 361 qualified licensed producers. Through these representatives, they provide insurance for automobiles, homes and farms and the related personal effects. They report their success with pride of accomplishment while being mindful that these opportunities are available through the faithfulness and support of their policyholders, representatives and employees.
As they look forward, their objective is to continue to provide quality low cost personal lines insurance. To succeed, they must provide superior claims services, maintain their low operating costs and carefully screen potential policyholders. They thank their policyholders, agents and employees for their continuing support and contributions to the success of Madison Mutual.
The Company's products and services are available in most of Illinois through 119 independent agencies. Affiliated with these agencies are 361 qualified licensed agents. Through these representatives, they provide insurance for the preferred automobile, homeowner and farm owner markets.
The Company has historically enjoyed a Best's Rating of A Excellent as assigned by A.M. Best Company. They report their success with pride of accomplishment while being mindful that these opportunities are available through the loyalty and support of their policyholders, representatives and employees.
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