Ameriprise vs. Foremost Insurance

Which insurance company is right for you? Compare coverage, rates, and quotes from Ameriprise and Foremost.

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Ameriprise vs. Foremost: What You Need to Know

Founder John Tappan founded Ameriprise Financial over 125 years ago, with a mission to help Americans achieve their goals. The company was originally called Investors Syndicate. Investing $5 each, he had 1,000 clients. By 1914 his assets reached $1 million. In 2005, Ameriprise Financial became an independent, publicly owned company and Ameriprise Financial renamed American Express Property Casualty Insurance companies as Ameriprise Auto & Home Insurance while announcing the RiverSource brand. The company entered the Fortune 500 at 297. In 2008, Ameriprise Financial acquired J.&W. Seligman and H&R Block Financial Advisors. During the financial crisis, Ameriprise Financial advanced $700 million to help clients with cash needs. In 2010, Ameriprise Financial became the eighth-largest manager of long-term U.S. mutual fund assets, largely due to the acquisition of Columbia Management. In 2014, it launched a Confident Retirement® approach. The new Columbia Threadneedle Investments brand was launched in 2015. In 2017, Columbia Threadneedle Investments acquired Lionstone Investments, a real estate investment firm, and also  Investment Professionals, Inc, a new advisor channel to serve clients of financial institutions. In 2019, the National trust bank converted to Ameriprise Bank, FSB.

In 1952, Edward J Frey and Edward L. Stoddard founded Foremost Insurance Company. Their focus was originally on people who lived in mobile homes by creating the first mobile home insurance policy in history. The company also developed safety standards for mobile homes. Today the company offers a wide range of insurance products, including auto insurance, RV insurance business insurance and home insurance. Foremost Insurance Group is a member of the Farmers Insurance Group of Companies and has more than 38,000 agents across the country, operating in all 50 states. Foremost Insurance rebranded its auto insurance line as Bristol West in 2018 to improve its customer service and claims handling processes. Foremost Insurance has a great reputation as a reliable insurer of nonstandard high-risk auto policies and older homes.

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

Ameriprise Group vs. Foremost: How much are the Average Rates?

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Ameriprise Group vs. Foremost: Rates by Number of Vehicle

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Ameriprise Group vs. Foremost: Rates by Homeownership

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What Are Ameriprise and Foremost Insurance's Ratings?

Differentiate the two insurance companies through facts and ratings. Ameriprise is ranked Better Than Most by J.D. Power a trusted source for auto insurance ratings. Foremost received an "A+" ratings from Better Business Bureau (BBB) for addressing customer concerns in a timely, satisfactory manner. Find out more about the details between Ameriprise and Foremost insurance. Start your insurance comparison shopping today.

ComparisonAmeripriseForemost
Year Founded18941952
BBB RatingA+
Financial StrengthExcellentExcellent
JD Power RankingBetter Than Most
MoodysA3
NAIC Complaint Index0.65
NAIC Complaint Ratio1.23
S&P RatingA

Ameriprise or Foremost: Insurance Products Offered

Ameriprise and Foremost insurance offers a plethora of insurance product choices for consumers. Both have available products in Auto and Home insurance. Ameriprise additional products include Renters, Travel, Umbrella and other coverages that financially could help to protect you. Considering these two top insurance providers? See what they have to offer in line-by-line comparison. 

Insurance Ameriprise Foremost
Auto Insurance
Boat Insurance
Home Insurance
Individual Major Medical Health Insurance
Life Insurance
RV Insurance
Motorcycle Insurance
Renters Insurance
Rideshare Insurance
RV Insurance
Travel Insurance

Ameriprise or Foremost: Ways to Save

Ameriprise offers a wide range of discounts to its policyholders, including Multi-Car, Multi-Policy, Good Driver Discounts and other cost-savings discounts. Foremost has distinct discount offers like One Household, One Policy for All Vehicle. Start to take advantage of discounts offered by insurance providers like Ameriprise Insurance and Foremost.

AmeripriseForemost
Age of Home DiscountMature Driver Discount
Claims Free DiscountMulti-Policy Discount
Defensive Driver DiscountOne Household, One Policy for All Vehicles
Education DiscountPay-in-Full Discount
Garaging Discount
Good Driver Discount
Multi-Car Discount
Multi-Product Discount
Premier Safety Discount
Protective Devices Discount
Renovation Discount
Student Away Discount
Tenure Discount
Vehicle Safety Features Discount

Pros & Cons of Ameriprise & Foremost

Pros

Ameriprise
  • A very financially sound company.
  • One of the largest networks of agents.
  • Offers auto insurance through Costco
Foremost
  • For over 50 years, Foremost has been the top insurance company writing mobile home insurance.
  • Offers superior customer care and claims handling.

Cons

Ameriprise
  • The complaint ratio for Ameriprise is higher than the national average. Since 2015, however, it has steadily decreased
Foremost
  • The mobile app confuses users because it’s really an app for internal employees of Foremost Insurance Group. Policyholders cannot obtain any insurance services through the app.
  • Homeowners insurance is not the best fit for standard homes which require more coverage.

Ameriprise or Foremost Mobile Apps Options

The only app available for Ameriprise is for financial services and financial planning, not for home and auto.

The Foremost Insurance Group mobile app, available for iOS and android, is for Foremost Insurance Group corporate and agent events. It’s only for internal use by the Foremost employees. For account information, you can use the Foremost website.

Ameriprise Mobile App
Ameriprise does not currently have a mobile app.
Foremost Mobile App
iOS     5 user reviews
Android     1.563 user reviews

Ameriprise & Foremost Contact Info

Ameriprise Contact Info
Address70100 Ameriprise Financial Center, Minneapolis, MN 55474
Phone1-800.862.7919
Websitehttps://www.ameriprise.com/
Facebookhttps://www.facebook.com/AmeripriseAutoHome/
Youtubehttps://www.youtube.com/user/Ameriprise
Twitterhttps://twitter.com/AmeripriseAH
LinkedInhttps://www.linkedin.com/company/ameriprise-auto-and-home-insurance/
Foremost Contact Info
Address5600 Beech Tree Lane, Caledonia, MI 49316
Phone1-800-532-4221
Websitehttps://www.foremost.com/about-foremost/
Facebookhttps://www.facebook.com/ForemostInsurance/
Twitterhttps://twitter.com/Foremost
Youtubehttps://www.youtube.com/user/foremostinsurance
Linkedinhttps://www.linkedin.com/company/foremost-insurance/

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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