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WAMIC
P.O. Box 14106
Madison, Wisconsin
53708
Telephone 608.246.2552
Fax 608.246.2612 |
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There are 69 Town Mutual Insurance Companies operating in
limited areas throughout Wisconsin and 5 statewide domestic
members of WAMIC. They are providing insurance protection to
Wisconsin property owners to protect them from financial ruin in
the event of catastrophe and to do so at a fair cost. These are
community based insurance companies which are owned by their
policyholders. There are no stockholders and any surplus either
remains in the company’s surplus account or may be refunded to
the policyholders - at the discretion of the policyholder
directors.
The purpose of WAMIC is to promote the best interests of the
mutual insurance community and particularly the best interests
of policyholders of mutual insurance companies. To this end,
WAMIC programs and activities are planned and implemented with
the objective that policyholders will benefit from the best
products and services. It is not the intention of WAMIC to
provide a forum for standardizing products or rates, dividing
markets, fixing profit levels, or categorizing customers to whom
insurance products may be sold.
There is a strong possibility that the head office of a mutual
insurance company, or one of its branch offices is located near
you. This proximity puts them in a unique position to develop
service strategies which better meet the needs of your locality
- this is reflected in the products they offer as well as in the
rapidity with which they pay claims.
Most of our member companies have been operating for more than
125 years. They were established to serve a region and to serve
it at reasonable prices. Over time, mutual insurance companies
have built a strong financial base which will allow them to
serve you for the foreseeable future. |
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