AssuranceAmerica has announced that its insurance carrier has been approved by the Tennessee Department of Insurance to write automobile coverages in that state.
AssuranceAmerica focuses on the specialty automobile insurance marketplace, primarily in Alabama, Florida, Georgia, Louisiana, Mississippi, South Carolina, Texas, Arizona and Indiana.
Its principal operating subsidiaries are TrustWay Insurance Agencies, which primarily sells personal automobile insurance policies through its 50 retail agencies, AssuranceAmerica Managing General Agency, which markets the company’s insurance products through over 1,800 participating independent agencies, and AssuranceAmerica Insurance Company.
Lawrence Stumbaugh, president and CEO of AssuranceAmerica, said: Our admission into Tennessee is yet another step forward in our geographic expansion plans. We look forward to beginning to write auto policies on behalf of our neighbors just north of our corporate headquarters.