Odyssey America Reinsurance Corporation Auto Insurance Review

Odyssey America Reinsurance Corporation is a company that specializes in the process of underwriting. The company operates all over the world, so it employs people who know how to underwrite for every type of area that can possibly be imagined anywhere on the planet.

What is even more impressive about this company is that it has been doing this job since 1900. Try our FREE quote generator on our homepage by entering your ZIP!

The Process of Underwriting

The process of underwriting involves calculating how much of a risk each particular auto insurance applicant represents for the company. The underwriter will need to set the premiums at a high enough rate to adequately cover the risk. If the underwriter fails, Odyssey America Reinsurance Corporation could seriously sabotage its business.

For example, if the underwriter fails to recognize that several clients are high risks, they would not charge these clients as much in premiums as was warranted. It’s possible that these clients would be able to purchase cheap auto insurance that they ordinarily would not be able to purchase if their level of risk was accurately assessed.

The Reason for Odyssey America’s Underwriting Success

In the case described above, the insurance company would be required to pay for claims that they would not ordinarily be paying for if they had performed their underwriting processes correctly. In the case of Odyssey America Reinsurance Corporation, instances such as these are at a minimum because its underwriters are highly experienced and very good at what they do.

The High Credit Rating of Odyssey America Reinsurance Corporation

Odyssey America Reinsurance Corporation has received an A from A.M. Best as its credit rating, and this means that it is highly likely to be able to meet every financial obligation that is put before them.

Odyssey America Reinsurance Corporation has a reputation of paying its claims when they are due, and it has been doing so for over 100 years.

Odyssey America Reinsurance Corporation’s Auto Insurance Products

Odyssey America Reinsurance Corporation is a company that sells its auto insurance products in the United States through a company called Hudson Insurance. Hudson Insurance sells specialty products for people who are seeking:

• Personal Auto Insurance
• Commercial Auto Insurance
• Personal Liability Insurance

The Non-Standard Auto Insurance Policy

Odyssey America Reinsurance Corporation offers non-standard policies to those who have difficulties finding someone who will insure their personal automobiles for an affordable price.

Included in the non-standard category are those in the highest risk age groups, drivers with several points on their driving records and those who are driving a vehicle that is expensive to insure.

Specialty Personal Auto Insurance

Because Odyssey America Reinsurance Corporation has specialized in insurance products as much as it has, it can offer various different types of auto insurance for specific regions in the country. For example, in one area of California, Hudson Insurance has a policy that offers liability limits as high as $500,000 for bodily injury liability coverage.

Commercial Auto Insurance

The commercial auto insurance from Odyssey America Reinsurance Corporation is treated to the same care and specialization as the personal products are.

The products are priced to be affordable, and they can cover several types of commercial automobiles.

Personal Umbrella Auto Insurance

Personal auto insurance customers may purchase an umbrella policy from Odyssey America Reinsurance Corporation, and even their non-standard customers may take part. These clients are welcome to purchase extra liability coverage up to as much as $5 million.

Who May Purchase Umbrella Coverage from Odyssey America

Odyssey America Reinsurance Corporation is different for offering umbrella policies to:

• Younger drivers
• Those with more than one accident
• People with DUI or DWI arrests
• Personal and commercial auto insurance customers

Excess Umbrella Coverage

Odyssey America Reinsurance Corporation has even more umbrella coverage for people. Some auto insurance companies do not offer increased limits as this company does, and they also do not have an umbrella policy. Those who have their auto insurance from another company may purchase Excess Umbrella, umbrella coverage that increases their liability limits to as much as $5 million.

Contacting a Representative at Odyssey America Reinsurance Corporation

Locating someone at Odyssey America Reinsurance Corporation requires that people go to the website and fill in the form giving their names and email addresses. A representative will contact those who solicit information in this manner.

Odyssey America Reinsurance Corporation has a New York address, telephone number and fax number, but these appear to be contact information for the executive and underwriting departments. The website does not have a tool for receiving a quick online quote from the company.

Contacting Hudson Insurance Group

The Hudson Insurance Group has a similar website, but it does have an added toll-free telephone number and an email address for inquiring about claims. The address for Hudson and Odyssey America Reinsurance Corporation are the same, and people can find several telephone numbers for underwriters on the Hudson Insurance website.

Using a Comparison Tool for Quick Auto Insurance Quotes

Because it’s not possible to receive a quick quote from Odyssey America Reinsurance Corporation or Hudson Insurance, people seeking personal and commercial auto insurance quotes will need to take advantage of a comparison tool. The one on this website is prepared to offer them several quotes for FREE, and all they would need to do to obtain them is enter their ZIP codes now. In a couple of minutes, several quotes will appear!