Our Mission
Unlike large stock insurance companies owned by shareholders, American Mutual is completely owned by its policy holders. We don’t distribute profits to corporate shareholders and our Board of Directors are policy holders just like you, so you can be assured that every decision made has your best interest in mind. At American Mutual our surplus is carefully reinvested to help cover losses for our policy holders in the future. Also by keeping our overhead costs low, we are able to pass those savings on to you.
In addition to our own longevity and financial strength, we are backed by Grinnell Mutual Reinsurance Company. Grinnell Mutual has held the financial strength 'A' rating from A.M. Best since 1991. Grinnell has provided over a century of service to Iowa and surrounding states and is the largest farm mutual reinsurer in North America. At American Mutual Insurance we are proud of our history of helping our neighbors and we look forward to serving you and your family, just as we have for generations.
