21st Century Car Insurance Comparison
21st Century Insurance was established in 1958 as an inter-insurance exchange, or reciprocal insurance. This type of insurance company is like group insurance where all subscribed members share the risks equally rather than on the insuring company. When 21st Century began, they were known as 20th Century and operated mainly from the State of California.
The company changed it name to 21st Century after it was bought by AIG in 2005. AIG sold the company to the Farmers Insurance Group in 2009. Farmers Insurance Group is one of the top 10 auto insurance companies in the United States and 21st Century as one of its subsidiaries is now available in almost all states with headquarters in Delaware.
Farmers is also credited with more than 50,000 agents, 20 million policies, and over 10 million customers in 50 states. Being a subsidiary of Farmers, 21st Century has a solid financial foundation.