AIG Auto Insurance Review (2024)

Our AIG auto insurance review will tell you if this company can provide the auto insurance you need and if it’s the right auto insurance for you. We’ll outline AIG insurance plans, average rates, and company history. We’ll also walk you through the best way to obtain an AIG auto insurance quote.

Unfortunately, AIG car insurance is only for members of the Private Client branch. AIG is mainly focused on life and travel insurance, as well as financial services. It offers AIG Direct life insurance, AIG travel insurance, AIG health insurance, and AIG annuities but only writes auto insurance for high-value cars.

If you’re looking for highly comprehensive and specialized coverage, AIG does offer affordable auto insurance for luxury cars. However, if you’re not a luxury car owner or high-net-worth individual, you’ll get far more bang for your buck with a different auto insurance company.

What You Should Know About American International Group, Inc. (AIG)

AIG has a comprehensive website showcasing its insurance options for individuals, families, and businesses. You can use AIG’s website to read about AIG products, explore company history, or service your AIG account. You can get auto insurance quotes online, file a claim, and make an AIG insurance payment.

It’s also important to note that AIG’s auto insurance is only available to members of AIG’s Private Client Group. You won’t find much in the way of AIG auto insurance reviews from customers as a result. While AIG did once offer auto insurance to standard policyholders, the company sold the AIG auto insurance company branch in 2009.

The Private Client Group is built for high-net-worth policyholders. Its protections are designed for large assets like high-value vehicles, fine homes, yachts, and private collections. They also include benefits like worldwide liability auto insurance coverage. As a result, group membership will also raise your auto insurance rates. If you’re wondering who has the cheapest auto insurance, it’s not AIG.

Where to Buy AIG Auto Insurance

The Federal Reserve assumed control of AIG during the financial crisis of 2008. The nationalization was later deemed illegal, and AIG regained autonomy in 2012. The only way to get an AIG Private Client Group auto insurance quote is to request a complimentary policy review.

If you want to request a review, the first step is to enter your personal information into AIG’s policy review form. This form is available on AIG’s website. Once you’ve submitted your request, an independent insurance agent representing AIG will contact you about your review.

To fill out AIG’s policy request form, all you’ll need to enter is the following:

• Your full name
• Your address
• Your email address
• Your phone number

Once you are in contact with the insurance agent reviewing your request, they will notify you about any other information you must provide to get a quote.

AIG auto insurance coverage is available abroad, and you can purchase and service an AIG Private Client Group auto insurance policy from anywhere in the United States.

American International Group, Inc. (AIG) Insurance Coverage Options

If you purchase an auto insurance policy through AIG’s Private Event Group, you will receive a wide variety of comprehensive coverages. They include:

• Personal property coverage: Personal property coverage will compensate you if belongings in your car are damaged or stolen.
• Emergency living expenses coverage: This coverage will compensate you for living expenses you’ve accrued while away from home because of an emergency.
• Worldwide liability coverage: AIG’s liability coverage compensates you for an accident that has happened anywhere in the world. AIG also offers high liability limits. Policyholders can purchase liability limits of up to $1 million per occurrence. They can also purchase up to $500 million in umbrella liability coverage.
• Rental car reimbursement: If your car is being repaired, AIG will pay up to $12,500 for a rental car of comparable value.
• Original manufacturers’ parts replacements: If your car is damaged, AIG will do its best to fix the damage using original manufacturers’ parts. This feature is especially useful for vintage and luxury car owners who want to maintain their vehicle’s value.
• One-policy program: One of AIG’s standout coverages is its one-policy program. This coverage is designed for policyholders with multiple cars. Rather than giving each of your cars its own policy, AIG will insure all of them under one.
• AIG Premier Client Solutions: This program, also known as AIG PCS, is an AIG customer service option for policyholders.

As you can see, these coverages are designed with high-net-worth policyholders in mind. Protections like worldwide liability coverage are designed for frequent travelers, while features like the one-policy program benefit policyholders with multiple high-value assets the most. AIG commercial auto insurance is also available.

If you’re an AIG policyholder but not a member of AIG’s Private Client Group, you’ll have to purchase an auto insurance policy through a separate auto insurer.

However, Private Client policyholders gain access to multiple insurance types when they join. In addition to auto insurance, policyholders can purchase luxury AIG homeowners insurance, private collections insurance, yacht insurance, and excess liability coverage. AIG also sells special policies like equine and wildfire protection.

AIG Auto Insurance Coverage Availability

You can purchase and service an AIG Private Client Group auto insurance policy from anywhere in the United States. That means AIG is in Atlanta, Denver, and every other major U.S. city.

AIG’s coverage is also available abroad. While AIG’s headquarters are in New York City, the company has offices across the globe. With locations in cities like Bratislava, Seoul, and Dubai, AIG is the 17th-largest insurance company in the world. AIG’s international presence allows the company to easily provide protections like worldwide liability coverage.

How to File an AIG Auto Insurance Claim

AIG recommends that all Private Client Group members file an auto insurance claim through their independent insurance advisors. However, you can also report AIG claims by calling directly.

If you’re in the U.S., you can report a claim by calling this AIG insurance contact number 1-888-760-9195. You can also fax AIG using this insurance group number: 1-866-858-1472. If you’re a U.S.-based policyholder traveling abroad, the best way to report a claim is to call 1-302-482-6000.

American International Group, Inc. (AIG) Insurance Rates Breakdown

When it comes to policy rates, AIG is not like other major auto insurers. AIG primarily sells car insurance for high-end cars. Few auto insurance companies sell insurance for luxury, exotic, or high-value vehicles. This is because the expensive replacement and repair cost of high-value vehicles makes them difficult to insure.

Most insurance companies focus instead on providing policyholders with the cheapest annual rates possible. But because AIG sells high-value auto insurance, its policy is not geared toward affordability.

Below are the average rates you can expect to pay if you own one of the 20 most expensive vehicles.

Rather than provide standard auto insurance coverage, AIG prioritizes treating high-value vehicles with the right level of care. For example, if you damaged your luxury vehicle in an auto accident, you would want to take it to a specialist. Often, luxury vehicle specialists are two to three times more expensive than standard mechanics.

Though a visit to a luxury vehicle specialist would exceed a standard auto insurance policy’s coverage limit, AIG’s auto insurance policies are built to accommodate these kinds of costs. Of course, enhanced protection comes at a price. AIG’s average auto insurance rates are higher than those of standard insurers.

American International Group, Inc. (AIG) Discounts Available

AIG’s Private Client Group does not provide options for bundling insurance policies.

How American International Group, Inc. (AIG) Ranks Among Providers

To get reliable auto insurance ratings for AIG, you need to go where trustworthy auto insurance company reports are for the best auto insurance companies.

AIG Auto Insurance Ratings

American International Group, Inc. has exceptionally high ratings for financial strength, and its client satisfaction with other policies is also high. J.D.Power ranks AIG above average for life insurance satisfaction, which reflects a strong customer service team that addresses all insurance claims with the same level of integrity.

AIG Auto Insurance Reviews: The Bottom Line

AIG auto insurance is only available to members of its Private Client branch. As a member, you are eligible for customizable car insurance for high-end vehicles not typically available through standard insurance companies.

If you don’t need luxury auto insurance or are looking for more affordable car insurance rates on an exotic vehicle, compare quotes from other insurance companies. AIG auto insurance rates are more expensive than average, so compare auto insurance quotes online to get the best price on your policy.