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Germania Mutual Insurance Member Since 14 Aug, 2022 Total Listing (1)
Professional seller Last online on 14 Aug, 2022 ********7715 Click to Visit Website
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About Seller Germania Mutual Insurance was incorporated in February of 1878, with the first policy being written in March of 1878. Back in the 1800's insurance was difficult, if not impossible for farmers to purchase. As a result, local farmers got together to form a company that would meet their insurance needs. In those days, each member would sign a "premium note" which showed how much insurance you had and was also the way the company would collect money for the claims it paid out. If there were a claim, each member would be assessed so much money to pay for that claim. The premiums of the many paid for the losses of the few. Later on, some premium was collected ahead of time. If the amount they collected was too much, at the end of the year it would be returned to you. If it was a bad year for claims, the company might need to come back and collect more funds. All members participated in the results for the year. Contact us for more information about joining. Products and Services Auto, Residential, Farm, Recreational Vehicle RV, Commercial, Classic And Antique Vehicles, Mobile Homeowners, Recreational Trailer Package, Floaters, Watercraft, Builders Risk, Livestock Coverage, Produce Coverage, Machinery & Equipment Coverage, Loss Of Farm Income Coverage, Farmers Accident, Home Business Package, Non Profit Directors & Officers Liability, Retail Store Package, Agri-Business Package, more... less... Languages Spoken English,
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0 Germania Mutual Insurance
Germania Mutual Insurance
P   Aug 14th, 2022 at 10:23   Insurance   Barrie
0 review

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