Alabamians who have policies with Access Insurance Company will need to find a new insurance provider.
Access Insurance has been placed into liquidation. The company was ruled insolvent on March 13. All Access Insurance policies will be terminated by April 12, 2018 unless they expire beforehand.
Founded in 1994, Access Insurance was licensed in 22 states, including Alabama. The company sold “specialty” property and casualty automobile insurance through independent agents.
Access Insurance customers will need to find replacement coverage with a new insurance company.
Claims on Alabama policies will be paid by the Alabama Insurance Guaranty Association. Customers can reach them at 205-823-4042. Guaranty funds are active in every state and pay claims when insurance companies become insolvent.