American Family vs. Hanover Insurance

Which insurance company is right for you? Compare products, insights, and quotes from American Family and Hanover.

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American Family vs. Hanover: What You Need to Know

Allied Mutual Automobile Association was formed by Harold Evans in 1929. After years of operating as a standalone brand, Allied Insurance became Nationwide in 1998. Policies, documents, bills and account statements for Allied customers are now featuring the Nationwide name and logo.

From 2003-2007, the Wall Street Journal ranked The Hanover Insurance Companies #1 in the property and casualty industry for increasing shareholder value over a 5-year-period. In 2009, The Hanover acquired the commercial business from OneBeacon Insurance Group, which enabled rapid Western U.S. expansion. From 2010 to 2011, it continued to acquire more businesses both in the U.S. and abroad, which included Lloyd’s of London Chaucer Holdings. In 2013, The Hanover exceeded $5 billion worth of written premiums and wrote business in 179 countries. In 2015, Standard & Poor’s upgraded the company’s financial rating to “A” and The Hanover was recognized by Forbes as one of America’s best employers and one of America’s most trustworthy financial companies.

Below is a list of average rates, rankings, products, and discounts for the two companies. For full company overviews, you can visit American Family Overview and Hanover Overview.

American Family vs. Hanover: How much are the Average Rates?

Below is a list of the average rates that drivers typically pay with American Family and Hanover. On average, American Family charges approximately $217.46 per month while Hanover comes in at around $452.07 per month. For American Family, the cheapest state average is Oregon at $207.45 per month and the most expensive is Nevada at $306.36 per month. For Hanover, the cheapest state average is Illinois at $325.72 per month and the most expensive is Connecticut at $686.02 per month.

American Family

Average Rate

$217.46
Hanover

Average Rate

$452.07
National

Average Rate

$133.56
State American Family Hanover
Connecticut- $686.02
Illinois- $325.72
Michigan- $440.98
Nevada $306.36 -
New Jersey- $604.42
New York- $442.95
Oregon $207.45 -
Washington $231.59 -

American Family vs. Hanover: 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 American Family and Hanover typically charge for drivers who have more than 1 vehicle.

Number of Vehicles American Family Hanover
1 Vehicle $211.39 $441.48
2 Vehicles $254.69 $633.78

American Family vs. Hanover: Rates by Homeownership

Home

Drivers who own their home rather than rent can sometimes get a small discount. We found that on average American Family charges $219.73 per month and Hanover charges $601.86 per month for customers who own their home.

Own/Rent American Family Hanover
Own $219.73 $601.86
Rent $216.92 $419.34

What is American Family and Hanover Insurance Rating?

Which car insurance company is better? We've made it easy to compare companies side by side. See how American Family and Hanover ranked among the industry ratings.

ComparisonAmerican FamilyHanover
Year Founded19271852
Market Share1.91%
BBB RatingA+A+
Financial StrengthExcellentExcellent
JD Power RankingAbout AverageAbove Average
NAIC Complaint Index0.641.28
S&P RatingAA

American Family or Hanover: Insurance Products Offered

What coverage is available through American Family and Hanover? Both insurance companies offer Auto, Commercial, Home, RV, and Umbrella insurance. Additional products from American Family insurance also includes Condo, Farm, Health, Life, Motorcycle, and Renters insurance. Considering these two top insurance providers? Check out the list below. To view a full list of products that are available, visit American Family and Hanover Insurance page.

InsuranceAmerican FamilyHanover
Auto Insurance
Commercial Insurance
Condo Insurance
Farm Insurance
Health Insurance
Home Insurance
Life Insurance
Motorcycle Insurance
Renters Insurance
RV Insurance
Umbrella Insurance

American Family or Hanover: Ways To Save

Hanover offers a wide range of discounts to its policyholders, including Affinity Groups, Anti-theft Device, and Good Student discounts. American Family also offers a few discounts that Hanover doesn’t include Young Volunteer, Teen Safe Driver, and Smart Home discounts. Start taking advantage of discounts offered by insurance providers like Hanover and American Family insurance and save yourself some money. You can review the full list of discounts that these two companies offer below.

American FamilyHanover
Away at School DiscountAccident Prevention Course Discount
Claims-free PricingAffinity Groups
Generational DiscountAnti-theft Device Discount
Good Student DiscountGood Student Discount
KnowYourDriveHanover Platinum Experience
Loyalty DiscountMulti-Car Discount
Multi-product DiscountNo-Fee Electric Funds Transfers
Smart Home DiscountOne Bill
Teen Safe Driver DiscountPay-in-Full Discount
Young Volunteer DiscountStudent Away at School Discount

Pros & Cons of American Family & Hanover

Pros

American Family
  • American Family Insurance has 24/7 claim support.
  • With KnowYourDrive technology that analyzes your driving habits, you may be able to earn a discount of up to 20%.
  • Teen Safe Driver also uses technology to monitor distracted driving and may earn a teen up to 10% in car insurance discounts.
  • The American Family MyAmFam app is very helpful for managing your account.
  • American Family Insurance offers rideshare insurance for Uber and Lyft drivers.
Hanover
  • The Hanover Insurance Group platinum coverages come in a great bundle.
  • Useful mobile app

Cons

American Family
  • American Family Insurance only serves 19 states.
Hanover
  • The Hanover Insurance Group does not offer rideshare insurance or accident forgiveness options.
  • Very few discounts
  • Hanover Insurance is more expensive than most options and a lower customer service rating.
  • Hanover only writes auto insurance in 18 states.

American Family or Hanover Mobile Apps Options

The American Family mobile app is available for iOS and Android. Called MyAmFam, the app allows users to manage their insurance policy: Make payments, view coverage and policy details, access digital ID cards, in-app payment reminders, find a repair shop, submit a claim, get roadside assistance and more.

The Hanover Mobile app is available for iOS and Android. With this app, you’ll be able to see vital policy information and billing information. You can also file a home or auto claim without making a phone call.

American Family Mobile App
iOS     4.830K user reviews
Android     4.43.5K user reviews
Hanover Mobile App
iOS     3.517 user reviews
Android     2.621 user reviews

American Family & Hanover Contact Info

American Family Contact Info
Address6000 American Parkway, Madison, WI 53783
Phone1-800-692-6326
Websitehttps://www.amfam.com/insurance
Facebookhttps://www.facebook.com/amfam/
Twitterhttps://twitter.com/amfam
Youtubehttps://www.youtube.com/user/amfam
Linkedinhttps://www.linkedin.com/company/american-family-insurance/
Hanover Contact Info
Address440 Lincoln Street, Worcester, MA 01653
Phone1-508-855-1000
Websitehttps://www.hanover.com/
Facebookhttps://www.facebook.com/hanoverinsurance/
Twitterhttps://twitter.com/The_Hanover
Youtubehttps://www.youtube.com/channel/UCe9zQijKTBxGff55FKAvytg
Linkedinhttps://www.linkedin.com/company/the-hanover-insurance-group/

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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