Acceptance Insurance
Script error: No such module "Draft topics".
Script error: No such module "AfC topic".
Acceptance Insurance Agency of Tennessee, Inc. (commonly referred to as Acceptance Insurance, Acceptance, or First Acceptance Insurance Corp.) is a licensed insurance agency and a subsidiary of First Acceptance Corporation.[1] The company specializes in providing standard auto insurance to individuals who may have faced challenges in their driving or credit history, making it more difficult for them to obtain insurance coverage.[2] In addition to auto insurance, Acceptance also offers a range of insurance and ancillary products, including homeowners, rental, and commercial insurance.
History[edit]
Acceptance Insurance was established in 1969 in Nashville, Tennessee.[3] Over the years, the company has grown into an omnichannel business with a presence in various forms, including brick-and-mortar stores in 13 states, a Customer Service and Sales Call Center, and online sales and customer service platforms. Presently, Acceptance employs over 1,300 team members[4] and generated a revenue of $285.25 million in 2021.[5]
Operations[edit]
Headquartered in Nashville, Tennessee, Acceptance operates its insurance business in 13 states,[6] including Alabama, Arizona, California, Florida, Georgia, Illinois, Indiana, Mississippi, Ohio, Pennsylvania, South Carolina, Tennessee, and Texas. Additionally, Acceptance exclusively sells its products online in Missouri[7] and Virginia.[8]
Products[edit]
Acceptance Insurance offers a wide range of insurance coverages and additional products to meet the diverse needs of its customers. Their insurance products encompass personal insurance such as auto, renters, home, flood, motorcycle, recreational vehicles, boat, trailer, Mexico travel insurance, bond, and pet insurance.[9] Moreover, Acceptance provides commercial insurance options, including commercial auto, commercial general liability, worker's compensation, professional liability/errors and omissions, umbrella, garage liability, and liquor liability. The company also offers ancillary membership plans like roadside assistance, telemedicine services, travel club (hospital indemnification protection plan), ID theft protection plan, and RX discount plan.[citation needed]
Community outreach[edit]
Acceptance Insurance demonstrates a strong commitment to community involvement, with over 700 insurance agents residing and working in the communities they serve. The company actively engages in local events at the store level and participates in national promotions such as the "Get a Smile, Give a Smile" sweepstakes in 2021,[10] which awarded cash prizes totaling $100,000 to individual winners. The winners were also given a cash prize to donate to the charity of their choice. In 2022, Acceptance's Back to School promotion involved distributing nearly 40,000 backpacks to children in need in local communities.[11] The company also maintains partnerships with organizations like Habitat for Humanity[12] and Big Brothers Big Sisters. Acceptance values community involvement so highly that it provides Volunteer Time Off to its team members, allowing them to dedicate their time to volunteering for community causes.[citation needed]
Recognition[edit]
Acceptance Insurance has received several notable recognitions and awards. In 2022, the company was named to Forbes' list of America's Best Midsize Employers,[13] Best Employers for Diversity, and Best Employers for New Grads.[13] Additionally, Acceptance received the prestigious Reputation 800 Award in both 2021 and 2022 for its exceptional digital presence, recognizing it as one of the most consistently helpful, engaging, and responsive companies in the industry. The company maintains an A+ rating with the Better Business Bureau of Middle Tennessee[14] and has been acknowledged by DSMN8 for being "some of the world's most active insurance professionals on social media."[15]
References[edit]
- ↑ "FACO -". OTC Markets Group. Retrieved September 28, 2023.
- ↑ "Yahoo! Finance - First Acceptance Corporation (FACO)". Yahoo! Finance. Retrieved September 28, 2023.
- ↑ "First Acceptance Corporation (FACO) Stock Price, News, Quote & History - Yahoo Finance". finance.yahoo.com. Retrieved 2023-09-27.
- ↑ "Working At Acceptance Insurance: Employee Reviews and Culture". www.zippia.com. 2020-05-18. Retrieved 2023-09-27.
- ↑ "OTC Markets | Official site of OTCQX, OTCQB and Pink Markets". www.otcmarkets.com. Retrieved 2023-09-27.
- ↑ "FACO Stock Price | First Acceptance Corp. Stock Quote (U.S.: OTC)". MarketWatch. 2023-09-27. Retrieved 2023-09-27.
- ↑ "Company/Agent Search | Missouri Department of Insurance, Financial Institutions & Professional Registration". insurance.mo.gov. Retrieved 2023-09-27.
- ↑ "Acceptance Insurance Policies: Everything You Need to Know". Car and Driver. 2021-04-20. Retrieved 2023-09-27.
- ↑ "Free Insurance Quotes Online - Car, Motorcycle, Home, Life Insurance". Acceptance Insurance. 2023-09-27. Retrieved 2023-09-27.
- ↑ Insurance, Acceptance. "Acceptance Insurance Launches $100K "Get A Smile, Give A Smile" Sweepstakes". www.prnewswire.com (Press release). Retrieved 2023-09-27.
- ↑ Insurance, Acceptance. "Acceptance Insurance donates 40,000 backpacks filled with school supplies to students nationwide". www.prnewswire.com (Press release). Retrieved 2023-09-27.
- ↑ Insurance, Acceptance. "Acceptance Insurance partners with Habitat for Humanity of Greater Nashville to help team member build new home". www.prnewswire.com (Press release). Retrieved 2023-09-27.
- ↑ 13.0 13.1 "Acceptance Insurance | Company Overview & News". Forbes. Retrieved 2023-09-27.
- ↑ "Acceptance Insurance | Better Business Bureau® Profile". www.bbb.org. Retrieved 2023-09-27.
- ↑ "DSM8 | The USA's Most Active Insurance Professionals on Social" (PDF). DSM8. 2023-09-27. Retrieved 2023-09-27.
External links[edit]
This article "Acceptance Insurance" is from Wikipedia. The list of its authors can be seen in its historical and/or the page Edithistory:Acceptance Insurance. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one.
