What You Should Know
- Bear River Mutual Insurance only provides coverage to residents of Utah
- Bear River Mutual does not sell car insurance to individuals who drink alcohol or use illegal drunks at any time
- Bear River Mutual has been in business for over 100 years
Shopping locally is a great way to support your community, and if you live in Utah, you can even shop for insurance locally. The Bear River Mutual Insurance Company has provided home and car insurance to Utah residents for over 100 years.
This company has been able to keep car insurance rates low due to its commitment to provide car insurance to low-risk drivers.
Keep reading to learn more about this long-established company, the coverages Bear River Mutual provides, and more.
As you educate yourself on everything Bear River Mutual Insurance has to offer applicants, you can also enter your ZIP code to start comparing free quotes and find the best insurance policy for you.
What is Bear River Mutual Insurance?
Founded in 1909, the Bear River Mutual Insurance Company has been serving the people of Utah for decades. It got its name from the Bear River, which ran near the community of Garland, where the company was founded.
In these modern times, Bear River Mutual has earned an A- rating from A.M. Best and has provided personal insurance products like auto and home insurance for over a century.
How does Bear River Mutual Insurance compare to other insurance companies in the market?
If you want to work with Bear River Mutual, Utah is where you’ll need to be. This insurance company was founded by Utah residents for Utah residents. This means that if you move out of state, you’ll have no choice but to change your insurance company.
That isn’t always the case with larger insurance companies like State Farm or Nationwide. Bear River Mutual also only chooses to work with individuals who don’t drink alcohol or use illegal drugs. While other insurance companies could well cancel your policy if you were to drive while intoxicated, these companies will not hold it against you if you enjoy drinking beer or wine.
If you’re not sure if you would be able to buy a policy through this company, you can always call the Bear River Mutual phone number to speak to a representative directly.
What coverage options does Bear River Mutual Insurance offer for home owners and drivers?
Bear River Mutual provides solid protection for your home and car without any superfluous bells or whistles. If you want to protect your car with this company, you'll find that in addition to the standard coverages that you could purchase through Bear River Mutual like medical payment and un/underinsured motorist coverage, you can also choose to buy:
- GAP insurance
- Roadside assistance
- Rental car reimbursement
- RV/motorhome/trailer insurance
Of course, if you are someone who likes tinkering around with your vehicle and wants to purchase additional coverage to protect any additions you’ve made to your car, like a brand new stereo system, you may not be satisfied with these policies.
Bear River Mutual takes the same no-nonsense approach when it comes to homeowners insurance policies as well. With a homeowners insurance policy from Bear River Mutual, you could access coverages like these:
- Personal property
- Medical payments
- Loss of use
- Secondary residence coverage
- Equipment breakdown and utility/service line coverage
As you can tell, the coverages available through this company are very basic. If you work from home and have expensive electronic equipment that you need in order to perform your job, you may want to consider working with insurance companies like Hippo or USAA that can offer protection for computers and other devices.
##How much does Bear River Mutual Insurance cost? The average annual rate for an auto policy with Bear River Mutual is $607, which is nothing to sneeze at; however, you must remember that this insurance company keeps these rates so low because Bear River Mutual is incredibly selective about which applicants will be given a policy.
If you have a few speeding tickets under your belt or are afraid that your policy could be canceled for being charged with a moving violation, you can always get quotes from other insurance companies and inquire about each one’s cancellation policies.
Now, for home insurance, Bear River Mutual once again has very low rates to offer you. In fact, the annual average for a house worth $200,000 is $577. This is far below the national average for homeowners insurance.
Of course, you must remember that your rates may change based upon the rebuild cost of your home and a variety of other factors insurance companies use to calculate rates like your credit score and claims history.
How do you buy a policy from Bear River Mutual?
If you think that Bear River Mutual is the best company for you, you can get a quote by visiting the company website.
You must bear in mind that Bear River Mutual works with independent agents — not captive agents. This means that your information could be picked up by any agent that works with Bear River, and you can’t control which agent gets your information.
What discounts does Bear River Mutual offer?
Just as was the case with the home and auto insurance policies, Bear River Mutual keeps things simple when it comes to discounts. If you were to purchase a home insurance policy from Bear River, you might be eligible for discounts like the multi-policy discount, the claims-free discount, the home safety equipment discount, or the gated community discount.
Bear River only has two discounts on offer for an auto insurance policy which include the claims-free discount and the multi-policy discount.
How can you file a claim with Bear River Mutual?
Accidents happen all the time, but knowing what to do if you have been in a collision or experienced a covered loss at your home can help you get through the claims process and receive your reimbursement faster than ever.
If you need to file a claim with Bear River Mutual, you can do so online at any time or call the claims department at any point during the day or night.
What You Need to Know About Bear River Mutual Insurance
Bear River Mutual Insurance has been in the insurance industry for over 100 years and keeps rates low by accepting applications from low-risk consumers. The policies offered by this company are very basic and do not offer much in the way of customization.
Bear in mind that if you are a high-risk driver or live outside the state of Utah, you may need to shop online to find an insurance company that is a better fit for your needs.
Now that you’ve read this in-depth Bear River Mutual review, you should feel prepared to set off on your own insurance journey. Enter your ZIP code to start receive free quotes from insurance companies near you.
Bear River Mutual Insurance FAQs
Does Bear River Mutual sell renters or condo insurance policies?
Yes, you can purchase a renters or condo policy through Bear River Mutual.
Does Bear River Mutual sell life insurance?
Bear River Mutual doesn’t sell life insurance products. You will have to reach out to a larger insurance company like State Farm or Allstate if you would like to purchase all your insurance products from one company.
Can I buy earthquake insurance through Bear River Mutual Insurance?
Earthquake coverage can be added to your home insurance policy, and the deductible will be 10% of your dwelling or personal property coverage.