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The American Automobile Association (AAA) was founded on March 4, 1902, in Chicago, Illinois, in response to a lack of roads and highways suitable for automobiles. [4] [5] At that time, nine motor clubs with a total of 1,500 members banded together to form the AAA.
In 2013, the insurance company changed its name to CSAA Insurance Group, a AAA Insurer. [13] In April 2017, the auto-club company moved its headquarters from Emeryville to the Treat Towers in Walnut Creek, just a block away from the insurance group.
Car insurance policies are only available to AAA members, and policies are underwritten by various AAA auto clubs. A fellow insurance company with Midwest origins, Allstate was founded in 1931 in ...
Between 1870 and 1872, 33 US life insurance companies failed, in part fueled by bad practices and incidents such as the Great Chicago Fire of 1871. 3,800 property-liability and 2,270 life insurance companies were operating in the United States by 1989.
Several insurers have partnered with AAA clubs to offer member discounts, including Auto Club Family Insurance Company, AAA Life Insurance Company, and Automobile Club Inter-Insurance Exchange ...
Cost of insurance over 3 years ๐ฐ[annual premium cost] ๏ธ[number of years] $2,400 ๐ฐ $800 ๏ธ 3 After three years, you'd have paid almost as much in premiums ($2,400) as you could ever ...
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