American Modern Insurance

 American Modern Insurance is a specialty insurance provider that offers coverage for unique property types and specialty risks, often not covered by standard insurance companies. Here’s a brief overview:

1. Company Overview:

• Founded in 1965, headquartered in Cincinnati, Ohio.
• A subsidiary of Munich Re, one of the world’s largest reinsurance companies.
• Specializes in niche insurance markets, particularly for properties and assets that may not qualify for traditional insurance policies.

2. Key Coverage Areas:

• Mobile and Manufactured Homes: One of the company’s primary markets, offering coverage for both older and newer homes.
• Vacant Homes: Provides insurance for homes that are temporarily unoccupied, which is often excluded from standard policies.
• Seasonal and Vacation Homes: Covers homes that are used part-time or only for vacation purposes.
• Collector Vehicles: Insurance for classic cars, antique vehicles, and collector cars.
• Boats and Yachts: Special insurance for various types of watercraft, including small boats and luxury yachts.
• ATVs, Motorcycles, and RVs: Policies for recreational vehicles and motorcycles.

3. Other Special Products:

• Dwelling Coverage: For landlords who rent out residential properties.
• Flood Insurance: In partnership with the National Flood Insurance Program (NFIP), American Modern offers flood coverage in flood-prone areas.
• Pet Insurance: Covers vet bills and other pet-related expenses.

4. Policy Flexibility:

• Known for offering flexible, customizable insurance policies tailored to non-traditional risks.
• Competitive rates compared to larger insurance companies in the specialized insurance market.

5. Claims and Customer Service:

• Provides online claim filing and 24/7 customer support.
• Focus on fast and efficient claims processing.

American Modern Insurance serves customers with unique insurance needs, providing coverage options often overlooked by standard insurers.