ICM Insurance Company Auto Insurance Review

ICM Insurance Company is one of the auto insurance companies that specializes solely in auto insurance products, and it has been doing so since 2005. The fact that it has only concentrated on affordable auto insurance for the past seven years may make it an expert in the field, but this company has been in business for less than a decade.

It’s more difficult to determine that a company that hasn’t been in business for very long will be in business for many years to come. Try our FREE quote generator on website today!

No A.M. Best Rating

What would help people feel confident that this company is not likely to go out of business is if they could look up ICM Insurance Company’s A.M. Best rating. A.M. Best examines insurance companies’ finances to determine if it has the financial strength to pay all of their bills in the short term and any obligations that will present themselves in the future.

A company that receives ratings in the A and B range are considered to be financially solvent enough for new customers to purchase their cheap auto insurance. The time when this is the most important for an auto insurance companies’ clients is when they need to file a claim.

ICM Insurance Company’s age is a hindrance to A.M. Best because it does not have enough information to give it a formal rating. Not having an A.M. Best rating does not necessarily mean that the company will not be able to pay its bills, but some people like to have it before they consider purchasing their auto insurance from an insurance company.

ICM Insurance Company’s Website

ICM Insurance Company has a website, and the technically savvy are always very appreciative of this. As this is the fastest way that people can find out the information they need, a website is highly convenient for ICM Insurance Company clients.

The Financial Page on ICM Insurance Company’s Website

Those who are concerned about the financial side of ICM Insurance Company may visit the website to learn something about this area.

On the financial page, the company has listed its assets, its liabilities and its surplus.

According to this page, these numbers are from 2004 and 2005. It does not appear that there is any more recent information than that.

How Clients Contact ICM Insurance Company

The website gives its customers several ways in which to contact someone at ICM Insurance Company. The customer service, claims and agency listing departments all have toll-free telephone numbers and fax numbers for those who wish to contact them for any reason. If clients have the correct email server, they can contact the customer service department by sending an email.

Limited Call Times

The one drawback may be that the times in which people can call these numbers is limited. These offices are not available to their clients the entire weekend, and they are not able to call on the weekdays past 8 o’clock.

24-Hour Claims Reporting

Some auto insurance companies are open 24 hours a day all year long, and they give their clients a telephone number they can call at any time of the day or night. If clients of ICM Insurance Company are involved in a car collision on Saturday night, they will be able to call a separate number to report their accidents. If they have less pressing matters, they will have to wait until Monday.

The Overnight Mailing Option

They also have the option of mailing their claims. They can even mail any correspondence they want to arrive in a hurry to the Overnight mailing address. If they like, they can use the mailing option to mail their premiums.

No Online Payment Option

ICM Insurance Company has another option its clients can use to make their payments if they are interested in more modern methods than the U.S. Postal Service. The only option appears to be to call a customer representative, so the most modern methods of making a payment online are left out.

When people call a customer service representative, they will be able to pay by:

• E-Check
• Credit Card
• Debit Card

Limited Times for Making Payments by Phone

Although people have three ways of making a payment, there are still limitations. Those who call the customer representatives will not be able to do it on the most convenient days, Saturday and Sunday or holidays. They will only be able to make this call Monday through Friday from 8 o’clock in the morning until 6 o’clock at night EST.

Furthermore, making a payment by telephone will cost ICM Insurance Company clients $5.00 for the transaction.

Find an Agent

ICM Insurance Company sells its auto insurance products through independent agents located around the country. In order to find one near them, interested auto insurance customers may use the website’s “Find an Agent” tool by entering their zip codes.

Receive Various Auto Insurance Quotes

Before people limit themselves to this one auto insurance company, they may want to visit our comparison feature so that they can receive auto insurance quotes from a variety of companies. With more than one auto insurance quote, they will be able to see if there is a large difference between the quotes they receive. To see which companies will give them the lowest quotes, they can enter their ZIP code now.