Amica Mutual to Offer Discounted Rates

February 13, 2008

Amica Mutual to Offer Discounted Rates
and More Coverage Options in Massachusetts
LINCOLN, RHODE ISLAND – Amica Mutual Insurance Company announced today that it has filed new, discounted rates with the Massachusetts Division of Insurance. The company also announced that it will offer more coverage options for insurance consumers.

Some of the provisions of Amica’s filing that benefit consumers include:

Excellent rates for safe drivers;
A 10% multi-car discount;
A multi-line discount of 2-10% (varies by number of lines);
A 10% good student discount; and
A loyalty discount for current insureds of 3-7% (varies by years insured)
Amica will also introduce new coverages, such as Roadside Assistance, New Car Replacement coverage, and Auto Loan/Lease coverage. Amica will also offer additional deductible options for Comprehensive, Collision and Limited Collision.

The company plans to begin offering these discounts and coverages on new and renewal business beginning April 1, 2008.

“Amica is committed to rewarding good drivers with lower rates and has offered discounted rates to Massachusetts drivers since 1999,” said Robert A. DiMuccio, Amica’s President and Chief Executive Officer. “With the advent of managed competition, Amica will continue to create opportunities and flexibility for Massachusetts consumers seeking to meet their individual insurance needs at the best possible value.”

J.D. Power and Associates has ranked Amica Mutual “Highest in Customer Satisfaction Among National Auto Insurers” for eight consecutive years, and “Highest in Customer Satisfaction Among National Homeowner Insurers” for six years in a row.*

Amica Mutual Insurance Company, a direct writer and the nation’s oldest mutual insurer of automobiles, was founded in 1907. The company has insured Massachusetts drivers since 1922, and currently insures over 81,000 households in the state. The company, with corporate headquarters in Lincoln, Rhode Island, is a national writer of automobile, homeowner, boat, yacht and personal umbrella liability insurance. Life coverage is available through Amica Life Insurance Company, a wholly owned subsidiary. For more information, call us at 1-800-242-6422 or visit http://www.amica.com.
* Amica received the highest numerical scores in the proprietary J.D. Power and Associates 2000-2007 National Auto Insurance Satisfaction StudiesSM. 2007 Study based on 16,012 responses from policyholders of 26 insurance carriers, who were surveyed from March-April 2007 about their experiences and perceptions. Amica received the highest numerical score in the proprietary J.D. Power and Associates 2002-2007 Homeowners Insurance StudiesSM. 2007 Study based on 10,903 responses from policyholders of 23 insurance carriers, who were surveyed from April-June 2007 about their experiences and perceptions. jdpower.com


Amica Mutual Applauds Move to Managed Auto Competition in Massachusetts

February 13, 2008

Amica Mutual Applauds Move to Managed Auto Competition in Massachusetts
Amica Mutual Insurance Company, a prominent insurer in the Massachusetts automobile market since 1922, fully supports Commissioner Burnes’ decision calling for managed competition in the Massachusetts market. In a competitive environment, Amica will create opportunities and flexibility for Massachusetts consumers seeking to meet their individual insurance needs at the best possible value.

“Amica has been diligently working for reform in the Massachusetts automobile market for many years, and is excited about the move to managed competition,” said Robert A. DiMuccio, President and CEO of Amica Mutual Insurance Company. “Amica will continue to work hard for consumers in the new environment to provide Massachusetts drivers with the best product and coverage options possible to meet their personal insurance needs.”

Amica is committed to rewarding good drivers and has offered discounted rates to Massachusetts drivers since 1999. Currently Amica offers a 15% multi-car credit for vehicles assigned a driver qualifying for the Excellent Driver Discount Plus classification of the Safe Driver Plan. This discount means eligible drivers realize a substantial savings off of the current state-set rates.

Amica Mutual Insurance Company, a direct writer and the nation’s oldest mutual insurer of automobiles, was founded in 1907. The company has insured Massachusetts drivers since 1922, and currently insures over 81,000 households in the Commonwealth. The company, with corporate headquarters in Lincoln, Rhode Island is a national writer of automobile, homeowner, boat, yacht, and personal umbrella liability insurance. Life coverage is available through Amica Life Insurance Company, a wholly owned subsidiary. For more information, please call us at 1 800-242-6422


Amica Mutual Achieves I-CAR Gold Class Professionals Business Designation

February 13, 2008

Amica Mutual Achieves I-CAR Gold Class Professionals Business Designation
I-CAR announced that Amica Mutual Insurance Company has earned the I-CAR Gold Class Professionals designation in locations throughout the United States. All Amica Mutual Insurance Staff Appraisers and APD Supervisors have completed the required I-CAR training to achieve the Gold Class Professionals business designation for Amica Mutual Insurance. A majority of Amica employees have also achieved their Platinum Individual designation.

“It was essential for Amica to fulfill its mission to complete I-CAR training and reach Gold Class status,” states Scott M. Wendel, Amica Mutual Insurance Company APD Manager. “I-CAR training is highly regarded in the industry; the training achieved will not only enhance employee job performance while positioning Amica as an insurance company that values inter-industry training, but also benefit our customers by dealing with highly trained professionals. It’s also an added benefit for our employees to have completed 10 tested points of training each to complete their I-CAR Platinum Individual status.”

“I-CAR and Amica Mutual Insurance worked together to reach this goal,” states Jeff Peevy I-CAR Field Operations Manager. “I-CAR is proud of their achievement and would like to congratulate them at this time for achieving the highest standard of collision repair training recognized by the industry.”

The Gold Class Professionals program requires 5 points of tested training per employee to initially qualify, which equates to 20 hours of training per employee.


Amica Celebrates 100 Years on March 1

February 13, 2008

Amica Celebrates 100 Years on March 1
Amica Mutual Insurance Company celebrates 100 years of business on March 1, 2007. Founded a century ago in Providence, Rhode Island, Amica is the oldest mutual insurer of automobiles in the nation.

With 3,000 employees in 40 offices across the country, including 1,300 employees in Rhode Island, Amica provides insurance to more than 700,000 households. In addition to automobile insurance, Amica also writes homeowners coverage, personal umbrella liability, and marine insurance. Life coverage is available through Amica Life Insurance Company, a wholly owned subsidiary.

Throughout the years, Amica has always been known for providing exceptional service to policyholders. In 2006, J.D. Power and Associates ranked Amica “Highest in Customer Satisfaction Among National Auto Insurers, Seven Years in a Row” and “Highest in Customer Satisfaction Among National Homeowner Insurers, Five Years in a Row.”*

For many years, Amica was also known as a company where new insureds needed to be referred to the company. While this is no longer the case, the practice reinforced the company’s reputation for quality.

“Amica is a special place, and we want to move the company forward and prepare for the next 100 years,” said Robert A. DiMuccio, President and Chief Executive Officer, reflecting on Amica’s 100 years of history. “What very much sets Amica apart is our level of service, which comes from deep within our culture. This conveys a strong sense of loyalty to our policyholders.”

Amica has always maintained its Home Office in Rhode Island. In the 1990s Amica moved from Providence to an 87-acre office park in Lincoln, RI.
*Amica received the highest numerical scores in the proprietary J.D. Power and Associates 2000-2006 National Auto Insurance Satisfaction StudiesSM,. 2006 Study based on 14,066 responses from policyholders of 24 insurance carriers, who were surveyed from April-May 2006 about their experiences and perceptions. Amica received the highest numerical score in the proprietary J.D. Power and Associates 2002-2006 Homeowners Insurance StudiesSM,. 2006 Study based on 9,045 responses from policyholders of more than 18 insurance carriers, who were surveyed from May-June 2006 about their experiences and perceptions. Visit jdpower.com