• 3.13 / 5 based on 3 Reviews | Submit Your Review
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  • Safeco was founded in 1923 and is the 13th largest supplier of private auto insurance in the United States. The company relies primarily on independent agents for distribution of their policies, and is featured by more than 9000 independent agents and brokers. The company claims more than 6.2 billion in revenues and over 4.5 million insurance customers nationwide.

    Financial Rating

    Safeco is rated A by A.M. Best, which indicates the company is financially stable but may have suffered some losses relating to the economic changes of the past few years. Those losses are further indicated by the company's senior debt rating of BBB, which tells investors that the company has suffered losses of either assets or equity recently.

    Company Reviews (3)

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    • 0 of 0 people found the following review helpful.

      Safeco Satisfaction, January, 2012

      Switched to Safeco from American Commerce because American Commerce jacked my rates over 30% from the previous year for no apparent reason.

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    • 0 of 0 people found the following review helpful.

      cost too high, January, 2012

      Cost is becoming too high for me now due to changes in my life and being with them for a long time I am supposed to get some credit even though I ws involved in two accidents that were not my fault and was not given ticket by the cops.

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    • 0 of 0 people found the following review helpful.

      need to shop again, January, 2012

      seems every few years a different company has better rates - wish it wasn't that way so a person could keep the same company

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