GAINSCO Auto Insurance
GAINSCO Auto Insurance, with 43 years of experience, operates in 20 states and specializes in non-standard personal auto insurance. The company offers bilingual customer service, a mobile app, and various discounts, and is headquartered in Dallas, Texas.
Company Overview
GAINSCO Auto Insurance is a property and casualty insurance company based in Dallas, Texas, with 43 years of business experience. The company focuses mainly on the non-standard personal auto insurance market, specializing in minimum-limits personal auto insurance policies. GAINSCO's insurance products are underwritten by MGA Insurance Company, Inc. and are available in 20 states across the United States. GAINSCO was acquired by State Farm Mutual Automobile Insurance Company on December 31, 2020.
Insurance Services
GAINSCO Auto Insurance offers a variety of insurance services tailored to the non-standard personal auto insurance market. The company specializes in minimum-limits personal auto insurance and provides a monthly Auto-Pay option for convenient payment of premiums. In addition to this, GAINSCO offers a range of discounts and benefits aimed at lowering monthly premiums for their customers. Policies can be purchased through a network of over 7,000 independent agents or directly via digital channels, including a mobile app that allows for quotes and bill payments.
Customer Support and Accessibility
GAINSCO Auto Insurance provides multiple avenues of customer support to enhance accessibility and service. The company offers bilingual customer service representatives to assist a diverse range of clients. Additionally, its mobile app facilitates real-time access to policy information, quotes, and bill payments. GAINSCO employs over 20,000 agents, continuously expanding its reach and ensuring adequate customer support across its operating states.
Geographical Reach and Expansion
GAINSCO Auto Insurance serves customers in 20 states across the U.S., with recent expansions into Maryland, Pennsylvania, and Oregon. This growth strategy aims to widen the company's market presence and accommodate a broader customer base. The company has a significant network of over 7,000 independent agents aiding in this geographical reach while maintaining a strong operational base from its headquarters in Dallas, Texas.
Company Ratings and Affiliations
GAINSCO Auto Insurance holds an A- (Excellent) rating from A.M. Best, reflecting its strong financial stability and reliable service standards. The company's policies are underwritten by MGA Insurance Company, Inc., adding an extra layer of credibility. The acquisition by State Farm Mutual Automobile Insurance Company further solidifies GAINSCO's standing in the insurance industry, enabling it to leverage State Farm's extensive resources and established market presence.