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AMA Insurance Review & Complaints: Auto, Home, Life & Medical Supplement Insurance

American Medical Association Insurance caters specifically to physicians and their families, writing auto insurance, life insurance, disability, and medical business insurance policies. Our AMA insurance review covers everything you need to know about AMA insurance rates, coverage, and claims. We'll explain the benefits of AMA, including saving up to $3,500 when you purchase a new Mercedes-Benz among other discounts.

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Eric Stauffer is a former insurance agent and banker turned consumer advocate. His priority is to help educate individuals and families about the different types of insurance they need, and assist them in finding the best...

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UPDATED: Sep 9, 2020

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The Highlights

  • AMA Insurance is a subsidiary of the American Medical Association and provides insurance to physicians and their families.
  • AMA writes auto and home insurance through a partnership with Liberty Mutual Insurance.
  • AMA’s headquarters is located in Chicago, Illinois but the company offers coverage in all states.

AMA (American Medical Association) Insurance is a subsidiary of the American Medical Association, created to cater to the insurance needs of physicians and their families. This AMA Insurance review covers everything you need to know about the company.

Looking for the AMA car insurance company? Through partnerships, AMA offers business coverage for medical practices and hospitals and provides for the personal insurance needs of doctors, offering car insurance, home insurance, and medical supplement.

We understand that insurance is complicated. This is why our AMA car insurance review will go through everything you need to know step by step so you can see if AMA is the insurer for you.

Looking for affordable American Medical Association car insurance quotes? Before we continue, please feel free to type your ZIP code into our helpful free tool above to find affordable car insurance rates from top companies in your area.

AMA Car Insurance Rates

What is AMA insurance and does AMA offer car insurance? AMA writes auto and home insurance through a partnership with Liberty Mutual Insurance. They also offer AMA life insurance, disability, and Medicare supplement plans.

On the business side, AMA offers business insurance for a range of medical practices. AMA Insurance acts as an agency to assist physicians with their insurance needs; the insurance policies offered are actually underwritten by a variety of affiliated companies.

AMA policies are only available to physicians and their families. Membership in the AMA is not required to qualify for coverage, although it can qualify applicants for reduced rates. The company provides insurance to more than a million doctors across the country.

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We were able to use the quick quote calculator to obtain some sample rates for AMA’s Level Term Life insurance.

A 30-year-old male who is a non-smoker can obtain $100,000 in 10-year term coverage for $70 a year. AMA members receive a discounted rate of $64.40 per year. At $1,000,000 in coverage, the base rate is $300 annually with a $24 discount for AMA members. These rates are low compared to other options for coverage.

There are policy fees for non-AMA members that add to the cost of coverage; AMA members are not charged a fee. Rates with AMA are therefore even lower to members, although they’re still very reasonable even with the fee and lack of added discount.

It’s important to note that you won’t be purchasing auto insurance directly from AMA; instead, you’d get discounted rates from Liberty Mutual. With that being said, let’s look at average rates for several coverage types so you can compare them to the AMA quote you receive. Let’s start with collision coverage.

U.S. Average Annual Collision Auto Insurance Rates by State
StatesAverage Annual Collision Coverage Rates
North Dakota$282.55
South Dakota$289.04
Iowa$293.34
Wyoming$323.38
Maine$333.92
Idaho$337.17
Vermont$340.98
Kansas$342.33
Nebraska$349.07
North Carolina$357.59
Wisconsin$359.84
Indiana$372.44
Alabama$372.57
Ohio$376.16
Arkansas$381.14
Montana$387.77
New Hampshire$393.24
Tennessee$397.73
Missouri$399.41
Virginia$413.12
Illinois$430.54
Mississippi$437.38
Minnesota$439.58
Oklahoma$441.57
Hawaii$458.49
New Mexico$462.21
California$462.95
Utah$471.26
Colorado$477.10
Arizona$488.59
Georgia$490.64
Pennsylvania$495.02
South Carolina$497.50
Texas$498.44
West Virginia$501.44
Countrywide$516.39
Kentucky$518.91
Alaska$547.34
Oregon$553.43
Washington$568.92
Massachusetts$587.75
Maryland$599.48
District of Columbia$628.09
Connecticut$633.95
Nevada$647.07
Rhode Island$720.06
Michigan$722.04
Louisiana$727.15
Delaware$776.50
New York$784.98
Florida$845.05
New Jersey$865.55
Get Your Rates Quote Now

Are you paying too much for collision coverage in your state?

Let’s move on to liability coverage. This protects you in the event that you cause damage to another person’s health or property in an accident.

U.S. Average Annual Liability Auto Insurance Rates by State
StatesAverage Annual Liability Coverage Rates
North Dakota$282.55
South Dakota$289.04
Iowa$293.34
Wyoming$323.38
Maine$333.92
Idaho$337.17
Vermont$340.98
Kansas$342.33
Nebraska$349.07
North Carolina$357.59
Wisconsin$359.84
Indiana$372.44
Alabama$372.57
Ohio$376.16
Arkansas$381.14
Montana$387.77
New Hampshire$393.24
Tennessee$397.73
Missouri$399.41
Virginia$413.12
Illinois$430.54
Mississippi$437.38
Minnesota$439.58
Oklahoma$441.57
Hawaii$458.49
New Mexico$462.21
California$462.95
Utah$471.26
Colorado$477.10
Arizona$488.59
Georgia$490.64
Pennsylvania$495.02
South Carolina$497.50
Texas$498.44
West Virginia$501.44
Countrywide$516.39
Kentucky$518.91
Alaska$547.34
Oregon$553.43
Washington$568.92
Massachusetts$587.75
Maryland$599.48
District of Columbia$628.09
Connecticut$633.95
Nevada$647.07
Rhode Island$720.06
Michigan$722.04
Louisiana$727.15
Delaware$776.50
New York$784.98
Florida$845.05
New Jersey$865.55
Get Your Rates Quote Now

Are you paying too much for liability coverage in your state?

Finally, let’s look at comprehensive coverage. This is for anything outside of a collision, like severe weather or a tree branch damaging your vehicle.

U.S. Average Annual Comprehensive Auto Insurance Rates by State
StatesAverage Annual Comprehensive Coverage Rates
Oregon$89.66
Maine$96.66
California$99.29
Hawaii$100.09
New Hampshire$103.03
Washington$104.11
Utah$106.57
Florida$110.12
Idaho$110.78
Ohio$112.74
Delaware$113.23
Indiana$115.02
Nevada$116.79
Illinois$117.98
Vermont$118.31
Rhode Island$122.17
North Carolina$123.00
New Jersey$123.18
Connecticut$126.02
Wisconsin$126.34
Massachusetts$128.92
Virginia$129.89
Kentucky$130.15
Pennsylvania$132.01
Tennessee$135.62
Countrywide$138.87
Alaska$141.08
Alabama$146.28
Maryland$146.77
Michigan$147.02
Georgia$153.61
New York$156.66
Colorado$158.34
South Carolina$165.38
Missouri$166.34
New Mexico$166.89
Iowa$171.58
Minnesota$173.04
Arkansas$183.36
Arizona$184.20
Texas$186.70
Mississippi$194.74
West Virginia$195.04
Montana$199.87
Oklahoma$201.56
Nebraska$206.24
Louisiana$208.59
Wyoming$222.86
North Dakota$227.64
South Dakota$228.59
District of Columbia$230.25
Kansas$230.65
Get Your Rates Quote Now

Now that we know the averages for the basic coverages across the country, let’s see where AMA is available.

What is AMA’s availability by state?

While AMA’s headquarters is located in Chicago, Illinois, you can obtain coverage in any and all states.

In short, no matter where you live, you have access to American Medical Association coverage as long as your profession makes you eligible for coverage. Let’s move on to see just what those coverages are.

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AMA Car Insurance Coverages Offered

AMA’s range of products includes auto, life, disability, dental, and various business insurance options. As previously noted, AMA doesn’t actually underwrite these products, but acts as an agent and negotiates rates and plans for physicians with affiliate companies. We’ve reviewed AMA’s Medicare supplement offerings separately, so this review will focus on other products.

Life Insurance

Life insurance products are underwritten by the United States Life Insurance Company, and there are several options to choose from, most of which are term life insurance plans.

Level Term is offered with coverage amounts starting at $100,000 and going up to $2,000,000, with term lengths of 10, 15, or 20 years. Coverage can be purchased in increments of $1,000. An eight percent rate reduction is offered to AMA members. Spouse and child coverage can be added to this plan.

Pure Term life is a product aimed at physicians under the age of 45 who are still paying off student loans and it’s AMA’s most affordable option. Coverage is available up to $1,000,000, and policies with a face value of $250,000 and under have an expedited underwriting process. Spouse coverage is also available with this plan.

Preferred Term life offers up to $3,000,000 in coverage, with a rate that is adjusted every five years. This policy can be renewed up to age 75, and both spouses and children can be added.

Medical Student Term Life is an affordable plan aimed at students still in medical school. Rates are $10 a year for $25,000 and $20 a year for $50,000 in coverage, with doubled death benefits in case of accidental death. This is a guaranteed acceptance plan for anyone under 40 who is a student at an approved school.

LIFEPace Term offers level rates with an increasing death benefit over time. The plan is available in 10-, 15-, 20-, and 30-year terms, with death benefits up to $2,000,000.

Mature Decisions is a final expense life insurance plan renewable through age 94, with an issue age range of 50-70. This plan offers $25,000 in coverage with no medical exam or questions.

Premier Accident Insurance is a plan specifically for death or dismemberment as the result of an accident. It provides up to $1,500,000 in coverage. There is a five percent rate reduction for physicians and a 20 percent rate reduction for AMA members.

Disability Insurance

Also underwritten by the United States Life Insurance Company, AMA offers disability plans aimed specifically at physicians.

Disability Pro is a plan that covers physicians in their own specialty, providing up to $15,000 a month in benefits. This plan is offered to physicians under the age of 60. A 35 percent discount is offered to AMA members and 15 percent to non-members through AMA.

Medical Student Disability is designed to assist students who are disabled and unable to continue their education for a time. The cost is $41 a year, and it provides $1,000 a month for up to 12 months.

Resident Disability is a similar plan offered to medical residents. It provides up to $5,000 a month to residents under 40, and a $200,000 benefit to pay off student loans in the event of a permanent disability before age 45.

Dental Insurance

Dental coverage is offered through MetLife, with a negotiated group rate for AMA customers. There are a variety of plan choices and rates; these can be viewed on the MetLife website.

Auto and Home Insurance

These products are offered through Liberty Mutual, with rates that have been specially negotiated through AMA. Coverage and options vary, and there are special discounts for AMA members.

Medical Business Insurance

AMA has a variety of insurance products aimed at hospitals and medical practices. These include:

  • Office Overhead Insurance for Medical Practices
  • Hospital Income Insurance
  • Group Insurance for Medical Schools
  • Group Insurance for Residency Programs
  • International Medical Insurance

Partner companies underwrite these, and a variety of AMA discounts are available.

What are AMA’s bundling options?

AMA does not list bundling options. However, considering they offer a variety of coverages, it would be well worth inquiring about this once you’re assigned an agent.

What are discounts offered by AMA?

According to AMA’s benefits webpage, the company offers a revolving door of AMA car discounts to its members. As of now, there is an offer for AMA members to save between $500 and $3,500 when they purchase or lease a new Mercedes-Benz.

AMA also offers an identity theft protection service called Identity Guard. This gives you alerts to high-risk transactions or your information being used on the dark web.

Here’s a video showing what Identity Guard can do for you, and what sets it apart from comparable identity theft protection companies.

AMA also offers a discount on security for your home through SimpliSafe. This is an award-winning security program that covers everything from burglary to an unexpected burst pipe in the basement.

Another discount comes in the form of home meal kits. From Home Chef, these kits are essentially just easy recipes that come in pre-determined portions. An AMA member is entitled to 50 percent off their first order from Home Chef.

Lastly, members are entitled to discounts when shipping packages through UPS. These discounts include 50 percent off domestic next day shipping, 30 percent off the cost of ground commercial shipments, and 50 percent off additional services.

Let’s move on to see if they have as many programs as they do discounts.

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What programs are available from AMA?

AMA offers its members the opportunity to join Headspace. This is an app that focuses on meditation and mindfulness with the central purpose of reducing stress levels in the lives of health care professionals. Members receive a two-year subscription for free.

The most popular program is called the AMA Physician wellness program. The goal of this program is to reduce physician burnout, with the larger goal being improving job satisfaction within the physician’s organization as a whole. The program includes discussions, mentoring sessions, resources for burnout, and recommendations to improve physician health. This service is free, but only to group member organizations.

The bottom line is that AMA has avenues to create a healthier work environment. Let’s move on to how a policyholder cancels their policy with AMA.

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Canceling Your AMA Car Insurance Policy

The good news is that the American Medical Association offers several ways for policyholders to cancel. Let’s go over the details.

Is there a cancellation fee?

AMA does not list a fee for policy cancellation.

Is there a refund?

A cancellation received within 35 days of membership activation is entitled to a full refund. After 35 days, a refund will be a prorated amount for the remaining months in the calendar year.

How do you cancel?

A policyholder can email msc@ama-assn.org, fax 1-800-262-3221, or mail in their cancellation request to the following address: AMA Member Services / American Medical Association / AMA Plaza 330 N. Wabash Ave., Suite 39300 / Chicago, Illinois 60611-5885.

AMA car insurance’s phone number is 1-888-627-5883.

When can I cancel?

In short, you can cancel your policy at any time. Just keep in mind that AMA will need to speak not just to you but to everyone who is listed on the policy.

The bottom line is that AMA provides options for policyholders to cancel. Before we move on to how to file a claim, please feel free to type your ZIP code into our tool just below to find AMA insurance quotes, should they be available in your particular area.

How to Make an AMA Car Insurance Claim

AMA auto insurance claims contact forms can be located online for most of the insurance plans offered by AMA, but the claim must be started by calling the Customer Care phone line. This toll-free line is available during the business hours of 8 a.m. to 5 p.m. Central Time, Monday through Friday.

Although it doesn’t specify, it’s likely that claims underwritten by companies such as MetLife and Liberty Mutual are handled directly through that company’s claims department. Customer Care is still the go-to line to get further information as to how to get those claims started.

In short, AMA’s customer service line is a direct route to have your questions answered. Let’s see how AMA is reviewed by business rating companies.

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AMA: Car Insurance Ratings

AMA Insurance Agency, Inc. has an A+ rating with the Better Business Bureau (BBB). There are three complaints on file in the past three years, and all three of those were closed in the past twelve months.

There are very few AMA auto insurance reviews outside of the BBB, and it’s important to remember that AMA Insurance sponsors auto insurance products but doesn’t actually underwrite them. It’s a good idea to look into the reputation of the underwriting insurance company in order to get a better idea of its customer satisfaction ratings.

Here’s the deal: AMA has a sterling review from the Better Business Bureau. Let’s move on to the bottom line.

AMA (American Medical Association) Insurance Review: The Bottom Line

AMA Insurance offers some products that physicians might not find elsewhere, and can also provide discounted rates at times on personal and business products. For AMA members in particular this is something worth considering when comparison shopping for rates.

Did you come to this article looking to buy American Medical Association car insurance? Now that you’ve finished this AMA Insurance review, type your ZIP code into our free and easy-to-use tool below to find car insurance in your area.

Frequently Asked Questions: AMA (American Medical Association) Insurance Review

We hope we’ve covered everything, but just in case, feel free to take a look at some common questions below.

#1 – What is the highest rated auto insurance company?

State Farm tends to be the highest rated auto insurance company.

#2 – Is Intact a good insurance company?

Intact has fairly negative reviews from consumers and is not BBB accredited.

#3 – Is AARP car insurance a good deal?

Yes, because AARP members can qualify for a plethora of benefits.

#4 – Who are the top five auto insurance companies?

The five largest are State Farm, Geico, Progressive, Allstate, and USAA.

#5 – Does Liberty Mutual have renters insurance or accident forgiveness?

Liberty Mutual offers flexible options for renters insurance and a straightforward accident forgiveness policy.

#6 – What does the American Medical Association do?

They promote science and the art of medicine for the betterment of public health.

#7 – Is there a member of AMA car insurance discount or benefits?

It is quite possible you would get a discount from Liberty Mutual for being an AMA member.

References:

  1. https://www.ama-assn.org/member-benefits/personal-member-benefits-discounts/auto-transportation-discounts
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About Eric Stauffer

Author: Eric StaufferI am a former insurance agent and banker turned consumer advocate. My priority is to help educate individuals and families about the different types of insurance they need, and assist them in finding the best place to get it.

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