Workmans Auto Insurance Company
Workmans Auto Insurance Company
714 W. Olympic Boulevard Suite 800
Los Angeles, California 90015
Workmans Auto is a property and casualty insurance company intended for providing policies for automobiles, as well as for homeowners, condominium owners, and renters. It offers non-standard insurance, which means that it is given for automobile and for drivers who are at a higher risk. Aside from that, its policies are mostly issued at minimum coverage amounts as allowed by the state.
Presently, it is authorized to write policies in twenty-three states, and is very much active in eleven states. In California, a small amount of homeowner’s, condominium, and renter’s insurance is written. In 2005, it was reported that about 38% of Workmans business can be found in California, 24% from Florida, and most of its remaining premiums came from the states of Nebraska, Arkansas, Oregon, and Washington. Predominantly, Workmans Auto Insurance is able to market its products and services through a network of 1,900 agents who work independently, and in the state of California, through its brokers who are contracted.
Workmans Auto Insurance makes sure that its employees who serve the policy holders carries out the values of loyalty. This is where its people are dedicated to the causes of the Company to establish trust between its clients and business partners; integrity, where its representatives are able to work honestly and ethically with its clients; fairness in action, by treating each other—its customer and business partners fairly and equally without any discrimination or biases; people-centricity, where attending to the needs of its customers come is its first and foremost priority; and delivering excellence, through function and delivering work more than what is expected or needed, and perform the highest standards without a compromise for quality.
A.M Best has given it a rating of B, which means that it has a good ability to meet its obligations with its clients. In 2010, it was reported that Workmans Auto Insurance does not credit score. This insurance company supported H.B 2513 which opposes the usage of credit scoring in the processing of application for automobile insurance. This bill was proposed by the commissioner of Washington Insurance, Mike Kreidler.
According to the President and Chief Executive Officer of Workmans, one’s credit is not the business of the insurance company, but of the individual himself. He reassures the company’s clients that the price they pay for their insurance will always be based on their record for driving, the kind of coverage they want, and where they live, and never on their credit score.
Workmans Auto Insurance has been established in 1949, and is owned by the Shammas family, one of the founding families of Los Angeles. It focuses on dealing automobiles, and holding real estates. In particular, their company includes seven dealerships for automobiles, an insurance company for automobiles, and various residential and commercial properties that can be found in the Figueroa Corridor at the south of downtown L.A. Moreover, the Shammas Group actively supports for-a-cause activities, such as the restoration of the district of the south downtown L.A. Aside from that it is part of the Business Improvement District, the Community Redevelopment Agency’s Strategic Plan for the Figueroa Corridor, and the Central City Association. The group also believes that a better understanding and relation between the city where the company can be found, as well as the business itself is the key to further success.