Hanover vs. Gainsco Insurance

Hanover vs. Gainsco: What You Need to Know

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 commercial business from OneBeacon Insurance Group, which enabled rapid Western U.S. expansion. In the same year, A.M. Best upgraded its company rating to “A” (excellent). 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.

Established in 1978 as a Texas corporation, Gainsco is a property and casualty insurance holding company, concentrating their efforts on the non-standard personal automobile market, specializing in minimum-limits personal auto insurance. They do offer full and standard coverage as well but specialize in minimum liability coverage. The company is based in Dallas, with a regional office in Miami and its operations are conducted through MGA Insurance Company Inc., a Texas corporation. Gainsco sponsors a racing team, the GAINSCO/Bob Stallings Racing team, which won the Grand-AM Rolex Sports Car Series twice with the No. 99 GAINSCO “Red Dragon” Daytona Prototype. Gainsco sells insurance through independent partner agents in the District of Columbia and 44 states that include Arizona, Florida, Georgia, New Mexico, Oklahoma, South Carolina, Texas, and Virginia. All customer service needs can be met in English or Spanish.

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

Hanover vs. GAINSCO Auto Insurance: How much are the Average Rates?

Hanover vs. GAINSCO Auto Insurance: Rates by Number of Vehicle

Hanover vs. GAINSCO Auto Insurance: Rates by Homeownership

What is Hanover and Gainsco Insurance Rating?

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

Hanover or Gainsco: Insurance Products Offered

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

Hanover or Gainsco: Ways To Save

Gainsco offers a wide range of discounts to its policyholders, including Agency Internal Transfer, Auto-Pay, and Homeowner discounts. Whereas, Hanover also offers a few discounts that Gainsco doesn’t, including Student Away at School, One Bill, and No-Fee Electric Funds Transfers discounts. Start taking advantage of discounts offered by insurance providers like Gainsco and Hanover insurance and save yourself some money. You can review the full list of discounts that these two companies offer below.

Hanover or Gainsco Mobile Apps Options

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.

The Gainsco mobile app is available for iOS and Android. This mobile app offers some benefits and services including requesting a quote, making a payment, reporting a claim, requesting an agent, contacting the insurer, and getting the latest Gainsco news.

Hanover & Gainsco Contact Info

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.