Ameriprise Car Insurance
Overview
Headquartered in Minneapolis, Minnesota, Ameriprise Financial was founded in 1894. Ameriprise is a multi-billion dollar publically traded company AMP (NYSE) and currently employs over 12,000 people, while generating over $10 billion in revenue in 2012. Along with offering various financial services, Ameriprise specializes in auto, home & condo, renters, umbrella, and even specialty insurance.
Discounts
| Discount Type | Discount % |
|---|---|
| Good Driver Discount | Varies |
| Accident Forgiveness | Varies |
| Accident (Merit) Rating | Varies |
| Accident Free Discount | Varies |
| Defensive Driver Discount | Varies |
| Passive Restraint Discount | Varies |
| Anti-lock Brake Discount | Varies |
| Anti-Theft Device Discount | Varies |
| Garaging Discount | Varies |
| Good Student Discount | Varies |
| Student Away at School Discount | Varies |
| New Graduate Discount | Varies |
| Multiple Vehicle Discount | Varies |
| Loyalty Discount | Varies |
| Multiple Policy Discount | Varies |
| Daytime Running Lights Discount | Varies |
| Provider Switch Discount | Varies |
| Seat Belt Use Discount | Varies |
Features and Services
Online account management
Mobile app
Accident forgiveness
24/7 service
Roadside assistance
Flexible / convenient payments
Optional Coverage
| Coverage Type | Description |
|---|---|
| Road Side Assistance | Typically adds coverage for towing, tire changes, lockout services, and more |
| Rental Reimbursment | Reimburses the per day cost of a rental car (daily and maximum reimbursement may vary) |
| Gap Insurance | If your vehicle is loaned or leased and totaled, Gap insurance may pay for the difference between the cash value of the vehicle and the unpaid balance of the loan or lease. |
| New Car Replacement Coverage | If your brand new vehicle gets totaled, you car will be replaced with a brand new vehicle. |
| Accident Forgiveness | Your rates won't automatically increase after an accident even if you're at fault. |
| Glass Coverage | |
| Electronic Key & Lock Replacement | Covers your electronic keys if they're are lost or stolen, along with any remote control pads and locks. |
| Emergency Assistance Coverage | Adds extended coverage for emergency expenses such as lodging, meals and transportation if you're involved in an accident more than 25 miles from your home. |
| Umbrella Policy | Adds protection against liability claims/judgements when your auto insurnce liability limits have been reached. |
Payment Methods
| Payment Type | Description |
|---|---|
| Prepayment | Don't want to worry about making monthly payments? Why not just pay your premiums in advanced, who knows, you might get a thank you discount from your provider. |
| Credit Card Payment | |
| Debit Card Payments | |
| Mail Payment | The option to mail in a personal check or money order. Don't forget the postage, sometimes the classics never die! |
| Bank Payment/Direct Deposit | |
| Automatic Online Payments | Forgetful? This option automatically charges your credit or debit card that you provided so that you never have to worry. |
| Online Payment | Hate those annoying IVR menus? Pay your bill online. |
| Mobile App Payments | Welcome to the 21st century, some companies allow you to pay your bill through their phone app, just make sure you own a smart phone! |
| Electronic Check | Ran out of checks? Electronic checks work just as well, this usually sometimes includes ther Electronic Funds Transfer options (EFT). |
| Multi-payment Installment Plans | Want to budget your payments over time? This option allows you to pay your premiums in scheduled installments rather than all at once. |
Ameriprise Insurance Products
Home Insurance
Ameriprise offers a variety of homeowners insurance coverages to fit your specific concerns and budget. Their coverage options include:
- Dwelling
- Other structures: Covers damage to structures detached from your home such as a shed.
- Personal property
- Scheduled property: Covers valuable, appraised items like engagement rings, antiques, etc.
- Water backup and sump overflow endorsement: Covers damage caused by backed up drain or broken sump pump.
- Earthquake
- Mine subsidence: Covers damages caused by a mine shifting below your home (mainly Illinois, Ohio, Kentucky and West Virginia).
- Additional living expenses: Covers cost of hotel stays if your home is deemed uninhabitable after a covered loss.
- Liability
- Medical payments
- Personal injury
Ameriprise offers additional benefits to homeowners including:
- Identity theft protection: Covers up to $5,000 in costs related to recovering your identity.
- Stolen credit card use or check fraud protection: Deductible free coverage for unauthorized credit card purchases.
- Food spoilage protection: Covers up to $500 in food spoilage due to a power failure.
- Lock replacement expense protection: Covers up to $100 for lock replacement if your home is broken into.
Automobile Insurance
Ameriprise offers a variety of car insurance coverages and benefits so you can get coverage at an affordable price.
Ameriprise auto insurance coverage options include:
- Collision
- Comprehensive
- Roadside assistance and towing
- Rental car insurance
- Bodily injury
- Property damage
- Uninsured motorist
- Medical expense
- Personal injury protection (PIP)
- GAP insurance: Covers the full cost of replacing your new car or the remaining loan amount you have on the car.
Ameriprise auto insurance policyholders have access to multiple benefits including:
- Accident forgiveness
- Windshield repair: Deductible-free windshield repair.
- Stolen key coverage: Covers the cost to replace car locks when your car keys are stolen. No deductible if the cost is under $250.
- Accident travel expense: Covers out of pocket travel expenses if your car breaks down 100 miles from home.
Condo Insurance
Ameriprise offers a variety of condo insurance coverages to fit your specific concerns and budget. Their coverage options include:
- Dwelling
- Other structures: Covers damage to structures detached from your home such as a shed.
- Personal property
- Scheduled property: Covers valuable, appraised items like engagement rings, antiques, etc.
- Water backup and sump overflow endorsement: Covers damage caused by backed up drain or broken sump pump.
- Earthquake
- Mine subsidence: Covers damages caused by a mine shifting below your home (mainly Illinois, Ohio, Kentucky and West Virginia).
- Additional living expenses: Covers cost of hotel stays if your home is deemed uninhabitable after a covered loss.
- Liability
- Medical payments
- Personal injury
Ameriprise offers additional benefits to homeowners including:
- Identity theft protection: Covers up to $5,000 in costs related to recovering your identity.
- Stolen credit card use or check fraud protection: Deductible free coverage for unauthorized credit card purchases.
- Food spoilage protection: Covers up to $500 in food spoilage due to a power failure.
- Lock replacement expense protection: Covers up to $100 for lock replacement if your home is broken into.
Renters Insurance
Your landlords insurance may only cover the physical structure of your building so you’ll need your own insurance to protect what’s inside your apartment. Ameriprise offers a variety of renters coverage and benefits to protect your personal belongings.
An Ameriprise renters insurance policy typically includes the following coverages:
- Personal property
- Liability
- Medical payments
- Personal injury: An optional coverage that protects against false arrest, detention, or imprisonment, wrongful entry, malicious prosecution, wrongful eviction, slander, defamation of character, libel and invasion of privacy.
- Additional living expenses: Covers the cost of hotel stays if your apartment is deemed uninhabitable after a covered loss.
- Scheduled personal property: Covers valuable, appraised items like engagement rings, antiques, etc.
- Earthquake
- Water backup and sump overflow: Covers damage caused by backed up drain or broken sump pump.
A renters policy with Ameriprise comes with a handful of additional benefits including:
- Credit card and checking account fraud protection: Deductible free coverage for unauthorized credit card purchases.
- Identity theft protection: Covers up to $5,000 in costs related to recovering your identity.
Umbrella Insurance
Ameriprise offers personal umbrella insurance coverage for when the cost of an accident exceeds your auto or home insurance policy limits; it’ll pay the difference between how much your claim actually costs and how much your auto/home insurance can cover. Ameriprise requires you to own an auto insurance policy with them in order to purchase an umbrella policy.
With an Ameriprise umbrella policy, you can choose coverage limits from $1 million to $5 million that will provide extra coverage in the event of a:
- Car accident
- Guest injury
- Personal lawsuit
- Libel, slander, or defamation of character
ATV Insurance
Ameriprise offers a variety of specialty insurance policies, including all-terrain vehicles (ATV) coverage, through industry-leading insurance partners.
RV Insurance
Ameriprise offers a variety of specialty insurance policies, including motorhome (RV) coverage, through industry-leading insurance partners.
Boat Insurance
Ameriprise offers a variety of specialty insurance policies, including watercraft coverage, through industry-leading insurance partners.
Flood Insurance
Ameriprise offers a variety of specialty insurance policies, including flood coverage, through industry-leading insurance partners.
Motorcycle Insurance
Ameriprise offers a variety of specialty insurance policies, including motorcycle coverage, through industry-leading insurance partners.
Classic Car Insurance
Ameriprise offers a variety of specialty insurance policies, including classic and collector car coverage, through industry-leading insurance partners.
