Young America Mutual Insurance company is a local member-owned provider offering coverage in rural Minnesota. If you're looking for a large, nationwide insurance provider, this is not the carrier for you. However, if you live in the area served by this company and you want to do business with a local company with a long history and deep roots in the community, this firm might be exactly what you need.
Young America Mutual Insurance has provided coverage in rural Minnesota since 1869. The company is currently located in Glencoe, Minnesota, a town with a population of just over 5,500 people. The company was originally based in Young America Township in Carver County, Minnesota (an area still in the company's service area). The firm sells farm and homeowners policies in a specific geographic service area through independent insurance agents who are based in the local communities where the company's insurance policies are sold.
The company's service area includes the following counties, including all townships located in each county:
- Blue Earth
The insurance company also has a secondary coverage area that includes the following cities:
- Prior Lake
- Saint Cloud
Doing Business With Young America Mutual
Of course, you can only purchase insurance from this company if your farm or home is located in one of the above areas. When you opt to purchase coverage from this company, you can expect the personal service that comes from having an insurance agent who lives and works in your community. You will have an opportunity to work with an insurance provider and an insurance agent who has a stake in the local community. Further, the insurance premiums you pay will staying in the same region where you live. This is certainly not something you can say when you purchase coverage from a coast-to-coast insurance company.
The organization operates under the direction of its Board of Directors, the members of which are elected by the company's policyholders. Because the firm is located in the community it serves, the organization's leaders have a unique perspective when it comes to having insights into the needs of the policy holders. Not only do the decision makers have special insights into the unique property coverage needs of those who live and work in the area, but they also understand the importance of cost control in the context of the local community. The company emphasizes preventing loss, which is a way of helping to control costs for customers as well as the company.
Modern Technology for Policyholders
Young America Mutual is a small insurance company that has been around for a long time, but the firm provides modern convenience to its policyholders and independent agents alike. The firm has online access, with tabs specific to agents and policy holders. No matter how you engage with this company, you can sign in via the appropriate tab (insured or agent) with your username and password to take care of company business.
Historical Context and Heritage
While not directly related to the coverage provided by this company today, it's interesting to note that according to ClaimsNumbers.com, the firm's "records were recorded in German until... 1919." This speaks to the rich German heritage of this area, which is also evident in today's population.
According to the StarTribune, "German immigrants settled in Minnesota starting in the 1850s" and are responsible for establishing many of the cities and townships in Young America Mutual Insurance's service area. That heritage is still alive and well today, with individuals of German descent still making up over 35 percent of the state's population.