Alfa vs. Meemic Insurance

Which insurance company is right for you? Compare discounts, coverage and quotes from Alfa and Meemic.

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Alfa vs. Meemic: What You Need to Know

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.

A small group of teachers formed Meemic in 1950. They aimed to provide other teachers and educators with quality protection at affordable rates. For almost 70 years, they’ve been providing auto, home, boat and personal umbrella insurance tailored to the needs of the educational community. A.M. Best has rated Meemic as financially strong, based on the financial strength and claims-paying ability. The Meemic Foundation for the Future of Education was established in 1992 to provide financial assistance to schools, teachers, and educators, in the form of grants. Meemic partners with AAA to offer insurance products to teachers and educators in Illinois, Michigan, Wisconsin, and Georgia.

Below is a list of average rates, rankings, products, and discounts for the two companies. For full company overviews, you can visit ALFA Overview and MEEMIC Insurance Company Overview.

ALFA vs. MEEMIC Insurance Company: How much are the Average Rates?

Below is a list of the average rates that drivers typically pay with ALFA and MEEMIC Insurance Company. On average, ALFA charges approximately $197.13 per month while MEEMIC Insurance Company comes in at around $234.29 per month. For ALFA, the cheapest state average is Virginia at $123.90 per month and the most expensive is Georgia at $225.56 per month. For MEEMIC Insurance Company, the cheapest state average is Michigan at $234.25 per month and the most expensive is Michigan at $234.25 per month.

ALFA

Average Rate

$197.13
MEEMIC Insurance Company

Average Rate

$234.29
National

Average Rate

$119.96
State ALFA MEEMIC Insurance Company
Alabama $186.37 -
Arkansas $197.30 -
Georgia $225.56 -
Michigan- $234.25
Mississippi $186.90 -
Virginia $123.90 -

ALFA vs. MEEMIC Insurance Company: Rates by Number of Vehicle

Home

Drivers will typically get a discount if they insure multiple vehicles. Here is a list of average rates that ALFA and MEEMIC Insurance Company typically charge for drivers who have more than 1 vehicle.

Number of Vehicles ALFA MEEMIC Insurance Company
1 Vehicle $181.81 $220.84
2 Vehicles $251.61 $286.02
3 Vehicles $372.73 $402.92

ALFA vs. MEEMIC Insurance Company: Rates by Homeownership

Home

Drivers who own their home rather than rent can sometimes get a small discount. We found that on average ALFA charges $183.92 per month and MEEMIC Insurance Company charges $233.28 per month for customers who own their home.

Own/Rent ALFA MEEMIC Insurance Company
Own $183.92 $233.28
Rent $203.48 $234.96

What Are Alfa and Meemic Insurance's Ratings?

Alfa and Meemic Insurance were founded in the mid-1900s. Alfa Insurance makes a great effort to satisfy consumers with ease in filing claims and getting claims paid. Meemic received an "A-" rating from A.M. Best. Both companies have financial strength scores with the same Excellent rating. Let SmartFinancial help you find the right auto insurance. Compare car insurance quotes today!

ComparisonAlfaMeemic
Year Founded19461950
Market Share0.12%
A.M. Best RatingAA-
BBB RatingB-
Financial StrengthExcellentExcellent
NAIC Complaint Ratio0.82

Alfa or Meemic: Insurance Products Offered

Alfa and Meemic offer similar insurance products to consumers including Auto, Home, Life, Renters, Umbrella and Flood insurance. Alfa Insurance offers extra coverage in Life insurance including Term, Permanent, and Flexible Universal. Get to know more about Alfa or Meemic insurance options and save on insurance premiums.

Insurance Alfa Meemic
Auto Insurance
Boat Insurance
Business Coverage
Business Insurance
Church Insurance
Condo Insurance
Dental Insurance
Farm Coverage
Farm Insurance
Flexible Universal Life
Flood Insurance
Health Insurance
Home Insurance
Life Insurance
Manufactured Home Insurance
Motorcycle Insurance
Permanent Life Insurance
Recreational Vehicle Insurance
Renters Insurance
Term Life Insurance
Umbrella Insurance
Watercraft Insurance

Alfa or Meemic: Ways to Save

Alfa and Meemic insurance have a variety of insurance coverage. They have similar discounts on Multi-Policy for the policyholder who buys more than one insurance product. Meemic and Alfa Insurance have discounts that could save you hundreds in monthly insurance costs. Learn more about the savings they offer and see the difference. Lower your insurance premiums today!

AlfaMeemic
Airbags DiscountMulti-Policy Discount
Burglar Alarm DiscountNewly Certified Teacher Discount
Claims-Free DiscountPaid-in-Full Discount
Defensive Driver DiscountThe Educated Choice Repair Program
Driver EducationVehicle Anti-Theft Discount
Driver Training Discounts
Good Student Discount
Home and Auto Bundle Discount
Homeowner Discount
Multi-Car Discount
Multi-Policy Discount
Smoke Alarm Discount
Teacher Discount
Youth Defensive Driver Test
Youth Safety Test

Pros & Cons of Alfa & Meemic

Pros

Alfa
  • Very low customer complaints.
  • Excellent financial strength means reliability in getting claims paid.
  • It’s easy to report a claim - the company has a 24/7/365 service available and you can start the claim process through phone, online, fax or mail.
Meemic
  • Offers discounted rates for teachers.
  • Offers industry-specific coverage.
  • Quality repairs using original manufacturer parts.

Cons

Alfa
  • Alfa Insurance is only available in Alabama, Mississippi, Georgia, Texas, Missouri, Indiana, Ohio, Virginia, Tennessee, Arkansas, Kentucky, Florida, and North Carolina. It is still affiliated with Alabama Farmers.
Meemic
  • Insurance through Meemic is only offered in four states: Michigan, Illinois, Wisconsin, and Georgia.

Alfa or Meemic Mobile Apps Options

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).

Alfa Mobile App
iOS     4.71.9 user reviews
Android     3.7251 user reviews
Meemic Mobile App
Meemic does not currently have a mobile app.

Alfa & Meemic Contact Info

Alfa Contact Info
AddressP.O. Box 11000, Montgomery, AL 36191-0001
Phone1-800-964-2532
Websitehttps://www.alfainsurance.com/
Facebookhttps://www.facebook.com/AlfaInsurance
Youtubehttps://www.youtube.com/user/AlfaInsurance
Twitterhttps://twitter.com/Alfa_Insurance
Meemic Contact Info
Address1685 N. Opdyke Rd. Auburn Hills, MI 48326
Phone1-888-463-3642
Websitehttps://www.meemic.com/
Facebookhttps://www.facebook.com/Meemic/
Youtubehttps://www.youtube.com/channel/UCQnTMFg_hBizrzlZc0aQKMw
Twitterhttps://twitter.com/Meemic
Linkedinhttps://www.linkedin.com/company/meemic-insurance-company/

Methodology
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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