Which insurance company is right for you? Compare cost, coverage, and quotes from Alfa and American National.
In 1946 John Tucker Harris, President of the Lee County Farm Association and respected farmer in Alabama, founded Alfa as the product of the Alabama Farmers Federation. He wanted to offer superior fire insurance to federation members, who were mainly farmers. Today, Alfa is a much larger enterprise and offers more than just fire insurance. They offer coverages to over 1 million customers in 11 states: Alabama, Mississippi, Georgia, Texas, Missouri, Indiana, Ohio, Virginia, Tennessee, Arkansas, Kentucky, Florida and North Carolina. It is still affiliated with Alabama Farmers. Alfa’s vision for the future is to focus on technology to enhance productivity and better serve customers. The company also plans to invest heavily in product and geographic expansion.
American National Insurance Company (ANICO) was founded in 1905 by William Lewis Moody Jr. and headquartered in Gavelston, Texas. During the decades of the 1920s, the company’s assets increased more than 400 percent, compared with the national average for insurance companies at that time. The company continued to grow rapidly, even during the Depression and avoided laying off employees or suffering annual losses.
Although the majority of the stock continues to be controlled by the Moody family through the Moody Foundation and Libby Shearn Moody Trust, the American National Family of Companies is a publicly-traded company under the NASDAQ symbol ANAT. Today, the company provides service for more than 5 million policyholders and it’s an S&P 500 company ranking the top 5% nationwide.
Below is a list of the average rates that drivers typically pay with ALFA and American National P&C. On average, ALFA charges approximately $174.84 per month while American National P&C comes in at around $54.48 per month. For ALFA, the cheapest state average is Virginia at $119.08 per month and the most expensive is Alabama at $293.85 per month. For American National P&C, the cheapest state average is South Carolina at $54.67 per month and the most expensive is Nebraska at $58.13 per month.
|State||ALFA||American National P&C|
Drivers will typically get a discount if they insure multiple vehicles. Here is a list of average rates that ALFA and American National P&C typically charge for drivers who have more than 1 vehicle.
|Number of Vehicles||ALFA||American National P&C|
Drivers who own their home rather than rent can sometimes get a small discount. We found that on average ALFA charges $186.44 per month and American National P&C charges $51.69 per month for customers who own their home.
|Own/Rent||ALFA||American National P&C|
American National was founded in 1905 followed by Alfa insurance 41 years later. Alfa Insurance makes a great effort to satisfy consumers with ease in filing claims and getting claims paid. American National received an "A" rating from Standard & Poor's (S&P). Both of their financial strength scores the same Excellent rating. Let SmartFinancial help you find the right auto insurance. Compare car insurance quotes today!
|NAIC Complaint Ratio||0.82%||0.23%|
Alfa and American National Insurance have a variety of insurance coverage. They have similar discounts on Multi-Policy for the policyholder who insure more than one product. American National and Alfa Insurance have discounts that could save you hundreds of dollars in monthly insurance costs. Learn more about the savings they offer and see the difference. Lower your insurance premiums today!
|Airbags Discount||Collision Waiver Discount|
|Burglar Alarm Discount||Common Cause of Loss Discount|
|Claims-free Discount||Fresh Start Discount|
|Defensive Driver Discount||Multi-policy Discount|
|Driver Education||No Claims Cashback Bonus|
|Driver Training Discounts||Three Lines Discount|
|Good Student Discount|
|Home and Auto Bundle Discount|
|Smoke Alarm Discount|
|Youth Defensive Driver Test|
|Youth Safety Test|
Alfa2Go® Mobile App is available for iOS and Android. This mobile app provides you access to manage your policies, pay your bill, report a claim, view your ID card and take advantage of exclusive member benefits (Alabama only).
AN Mobile App is available for iOS and Android. This mobile app provides you access to view personal lines insurance policy info (Auto, Home, Specialty Lines, Umbrella Insurance), view your Auto ID cards, submit an Auto and/or Home insurance claim, pay your personal line insurance policy with your bank account or credit/debit card, report an issue or send feedback directly to our development team, request 24-hour roadside assistance and check your Cashback℠ balances (where available).
|Alfa Mobile App|
|iOS||4.7||1.9 user reviews|
|Android||3.7||251 user reviews|
|American National Mobile App|
|iOS||2.7||34 user reviews|
|Android||3||50 user reviews|
|Alfa Contact Info|
|Address||P.O. Box 11000, Montgomery, AL 36191-0001|
|American National Contact Info|
|Address||One Moody Plaza - Galveston, Texas - 77550|
The statistics listed on this page are from our own in house reporting. We track and record quotes that carriers have provided based on various criteria. The rates and averages shown on this page should only be used as an estimate.
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