Safeco auto insurance was founded in 1923 and is based in Seattle, Wash. Its founding goal was to combine financial stability of an investor-owned stock company with the preferred-risk underwriting and lower prices of a mutual or policy-owned company. It had naming rights to the Seattle Mariners’ baseball stadium, Safeco Field.
In September 2008, Safeco became a part of Liberty Mutual Group. Safeco announced an agreement to be acquired for $68.25 per share, ending the 85-year history of the company. With Liberty Mutual Group and Safeco combined with other properties, Liberty Mutual Group is the fifth largest property and casualty insurer in the United States with at least $32 billion in direct written premium as of 2007.
Consumers looking for auto insurance coverage find that Safeco agents make obtaining the right auto insurance as simple as possible. Safeco knows that the best car insurance premiums are based on several factors:
* The vehicle’s maker
* The vehicular model
* The vehicle’s safety features
Safeco also respects the state minimum requirements to drive a vehicle. With all of this in mind, Safeco offers the following auto insurance coverage to consumers and policyholders:
* Permissive User Coverage
* Comprehensive Coverage
* Uninsured Motorist Protection
* Underinsured Motorist Protection
* Physical Damage Protection
* Personal Injury Protection/Medical Coverage
* Liability Coverage
Special discounts are also available for qualifying automobiles and people if they do the following:
* Take an accident prevention course
* Install burglary devices on their automobiles
* Being a good student
* Paying your insurance premium in full
To file a claim report, policyholders are encouraged to call Safeco’s claims service. Claim service is available 24-hours a day, seven days a week.