Where standard insurance products leave off, Foremost Insurance picks up, catering to drivers, vehicles, and properties that might not find coverage elsewhere. Once known as a mobile home insurance company, Foremost today is recognized for covering higher-risk drivers and homes as well as a wide range of off-road and recreational vehicles.
Foremost Insurance Summary
Foremost Insurance opened its doors in 1952 as the first company to provide mobile home insurance to Americans, and it remains their best-known product to this day. As the company grew more products were added, including another first when they introduced travel trailer-specific insurance policies. In 2000 Foremost became a part of Farmers Insurance Group, and the company is now affiliated with Zurich Financial Services Group, Bristol West Insurance, and specialty automotive insurer J.C. Taylor. The AARP endorses Foremost to provide mobile home and motorcycle coverage to its members through an AARP branded program.
Foremost is based out of Grand Rapids, Michigan and employs 2600 people directly. Foremost products are sold through over 38,000 Farmers and independent agents across all 50 states, although not all policy types are available in every state. Because the company accepts a wider range of risks, drivers with more complex needs and non-standard dwellings are often quoted through Foremost. They also specialize in off-road vehicles such as snowmobiles and ATV’s, recreational vehicles, and motorcycles.
Foremost offers insurance products in four main categories: auto, home, business, and “PowerSports”, which include off-road vehicles and watercraft. Some products are sold through affiliated companies, depending on the state.
Foremost offers auto insurance in most states – some through affiliated companies – and is considered a high-risk insurer, which means drivers who do not qualify elsewhere due to driving record, credit history or other issues may find coverage with Foremost. Auto insurance policies provide all of the required coverage and options of a standard policy including liability, comprehensive and collision, rental reimbursement coverage and roadside assistance. Additional benefits to Foremost insurance policies include:
- Foremost Dynamite Deductible Endorsement (Deductible is lowered by $50 semi-annually or $100 annually on policy renewal.)
- Single bill system with one renewal date for all Foremost policies
- Multi-policy discounts across both Farmers and Foremost companies
Collectible car insurance is also available through affiliation with J.C. Taylor. Foremost also offers motorcycle insurance, including coverage for motorcycles that may be difficult to insure elsewhere such as high-powered superbikes.
Foremost provides a variety of home insurance products, mainly focused on non-standard homes. This includes:
- Mobile and manufactured homes
- Vacation and seasonal homes such as cabins
- Vacant properties
- Properties that won’t meet standard insurance policy requirements
Landlord insurance policies are also available to provide coverage for rental properties. Due to the nature of some of these homes, coverage may differ from standard homeowner’s insurance policies.
Foremost covers a variety of different types of RVs, including luxury motor coaches, motor homes, travel trailers, and fifth wheels. The policies are specifically designed for the needs of RVs and provide a higher level of coverage than an add-on policy with your auto insurance, including:
- Personal property, which has limited coverage under auto policies
- Roadside assistance and towing of motorhomes, trailers, and tow vehicles
- Full-timer coverage for people who also reside in their RV
- Emergency expenses coverage in the event of a breakdown
Foremost “PowerSports” Products
Foremost offers policies for most types of off-road vehicles, even harder-to-insure types. Policies include ATVs, dirt bikes, and snowmobiles. Policies include coverage for riding gear such as safety equipment and trailer coverage.
Boats and Personal Watercraft
Foremost insures a wide variety of watercraft include powerboats, sailboats, and personal watercraft, which can be difficult to insure. Personal watercraft coverage is not available in all states.
Scooters and Other Vehicles
Also available under the PowerSports category are products providing coverage for scooters, electric buggies, and golf carts, whose insurance needs are unique due to the type of usage.
Foremost offers a variety of different policy options for small business owners. Property and liability insurance, workers compensation, and commercial auto are all available, although some coverage is limited by state. Coverage is available for a range of businesses including retail, service, contractors, and wholesalers.
Foremost offers a variety of additional products including umbrella insurance and flood insurance through the National Flood Insurance Program.
Foremost does not offer online quoting through their website for price comparisons. Because the company provides coverage for higher risks in their home and auto divisions, their premiums may be on the higher end compared to standard policies. Foremost premiums are best compared to other higher-risk insurers rather that to standard insurers for an accurate comparison.
Foremost has a number of discounts available to help lower premiums, including discounts for EFT payments and for paying in full. Premium payments can be made online through the Foremost website as well as through automated funds transfers.
Foremost has a team of over 14,000 representatives, Mobile Claim Centers that are dispatched in the event of a major disaster, and a fleet of vehicles for claims investigations.
For personal lines claims, Foremost offers online reporting through the company website, and also offers 24/7 toll-free claims by phone. Foremost has a dedicated claims line for auto insurance claims, and a second line for all other personal lines claims. You can also file a claim through your agent.
For business insurance claims there is no online form, but a claim can be submitted via email. They can also be reported through a toll-free number or directly through your agent. Workers Compensation claims are reported through a different phone number than all other business claims.
After a claim is filed, it is assigned to a claims representative or team depending on the nature of the claim. Foremost will investigate the incident carefully, which may include a visit to inspect damages or loss locations. An estimate of damages is created and the claims representative will determine which coverage under your policy applies before resolving the claim and paying in accordance with the policy terms.
Foremost claims contact information including phone numbers and the online claims form for personal lines is readily available on their website.
Foremost is rated A+ by the Better Business Bureau, their highest rating available. According to BBB records, there have been a total of 80 complaints against Foremost over the past three years, with 20 complaints closed in the last 12 months. The BBB considers this to be a low level of complaints for a company the size of Foremost, which contributes to the high customer satisfaction rating the company has received overall. There is no record of any government actions against Foremost.
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Foremost Insurance caters mostly to markets less easily served by larger, standard insurance companies. Drivers in need of high-risk coverage and owners of mobile or manufactured homes and other non-standard dwellings may find Foremost to be an affordable option. Foremost is also a good choice for those seeking coverage for off-road, recreational, and similar vehicles, and for watercraft. For anyone who already carries policies with Farmer’s Insurance, Foremost is a good option thanks to available multi-policy discounts.
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