Standard Insurance Company Facts and Information

Standard Insurance Company has been around since 1906, making it a well-established player in the insurance industry.

The company is headquartered in Portland, Oregon, where it was founded by a group of local businessmen.

Standard Insurance Company offers a wide range of insurance products, including auto, home, and life insurance.

They have a strong presence in the Pacific Northwest region, with a network of agents and offices across Oregon and Washington.

Standard Insurance Company is a subsidiary of StanCorp Financial Group, headquartered in Portland, Oregon. It was founded in 1906 by Leo Samuel, a German immigrant.

Standard Insurance Company has a long history of financial strength and stability, maintaining an "A" rating or higher from A.M. Best Company since 1928. This is a testament to the company's ability to manage risks and provide reliable insurance products.

The company has a significant presence in the US, covering 8.5 million people through over 30,000 employers. This is a remarkable achievement, especially considering the company's relatively small size with 3,400 employees in 2008.

Standard Insurance Company offers a range of insurance products, including group and individual disability insurance, group life, AD&D and dental insurance, retirement plans, and individual annuities. These products are designed to provide peace of mind and financial security to its customers.

Here are some key statistics about Standard Insurance Company:

The company's commitment to its customers and the community is evident in its community outreach programs. Standard Insurance Company donates millions of dollars annually and volunteers thousands of hours each year with schools, food banks, and other organizations.

Standard Insurance Company offers a range of insurance policies to suit different needs. Their auto insurance policy, for instance, provides coverage for damages to vehicles and injuries to drivers and passengers.

The company's auto insurance policy has a minimum coverage limit of $25,000 for bodily injury per person and $50,000 for bodily injury per accident. This ensures that policyholders are adequately protected in case of an accident.

Standard Insurance Company also offers homeowners insurance, which covers damages to a policyholder's home and personal belongings. The company's homeowners insurance policy has a deductible of $1,000, which policyholders must pay before the insurance coverage kicks in.

The company's insurance policies can be customized to fit individual needs, with options to add additional coverage for valuable items such as jewelry, art, or collectibles. This allows policyholders to tailor their insurance coverage to their specific circumstances.

Standard Insurance Company's insurance policies are available in all 50 states, making it a convenient option for those who need insurance coverage in multiple locations.

Standard Insurance Company offers 24/7 phone and online claims reporting for its policyholders. This means you can report a claim at any time of day or night, seven days a week.

You can also manage your account online, pay your bills online, and even contact customer service via email. However, the carrier doesn't specify business hours for their customer service department on their official website.

The most commonly used way to contact Standard Insurance Company is by phone, with 88% of consumers using this method. The best phone number to call is 888-937-4783, which 80% of consumers used to address their issues and concerns.

The average call time to Standard Insurance Company is 7 minutes, so be prepared to wait a bit to speak with a representative.

The Standard has been around for over a century, founded in 1906 in Portland, Oregon.

The company was initially known as the Oregon Life Insurance Company and had a mission to provide local service and contribute to the local economy.

The Standard has a long history of providing expert and empathetic service to employees in need.

Today, the company offers coverage in 49 states across the country.

The Standard has a significant workforce, with between 1,001 and 5,000 employees, according to their LinkedIn profile.

A.M. Best, a leading global credit rating agency, gives The Standard an "A" rating, indicating that the carrier is an excellent choice for insurance customers.

The Standard's financial strength and creditworthiness are assured by A.M. Best's high rating.

A.M. Best's ratings system is based on comprehensive evaluations of an insurance company's operating performance, business profile, and balance sheet.

Established in 1899, A.M. Best is one of the oldest rating companies in the world.

The Standard's reputation as a stable insurance company with a positive outlook for the future is well-deserved, given its financial size and A.M. Best rating.

If you need to contact Standard Insurance Company, you're in luck because they offer 24/7 phone and online claims reporting. Their customer service options are pretty comprehensive.

You can pay your bills online, manage your account online, and even contact them via email. However, it's worth noting that their customer service department doesn't specify business hours on their official website.

If you do need to call them, the best phone number to use is 888-937-4783, which is used by 80% of consumers. The longest wait times are on Tuesdays, while the shortest are on Sundays, with an average call time of 7 minutes.

People call Standard Insurance Company mainly because they need information, help with their account, or have questions about a product or service. If you'd rather email them, the best address to use is [email protected].

Standard Insurance Company offers a range of benefits to its policyholders, including financial protection, peace of mind, and access to expert advice.

One of the key benefits is financial protection, which can help individuals and families cope with unexpected events, such as accidents or illnesses.

This can be especially helpful for those with dependents, who may rely on their income to support their loved ones.

Standard Insurance Company has a long history of providing reliable and trustworthy insurance solutions, with a focus on meeting the unique needs of each policyholder.

The benefit of LTD coverage is a significant aspect to consider. You'll be insured 60 percent of the first $400 of your monthly predisability earnings.

This means that your benefit will be calculated based on your predisability earnings, not your current salary. For example, if your predisability earnings are $500, you'll be insured 60 percent of $400, which is $240.

The maximum benefit you can receive is $240, depending on your predisability earnings and any other deductible income.

The Standard Insurance Company is headquartered in Oregon, a great location with plenty of opportunities to get outdoors and enjoy nature. The company's address is 1100 SW Sixth Avenue Suite 711, Portland, Oregon 97204, United States.

If you need to contact the company via regular mail, you can send documents or correspondence to the address mentioned above.