Commerce Insurance Company
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The Commerce Insurance Company, a property and casualty insurance subsidiary of The Commerce Group, Inc., was founded in the town of Webster, Massachusetts in 1972.
From its modest beginnings, The Commerce Insurance Company has grown to become the largest provider of private passenger automobile insurance in Massachusetts, insuring one of every four registered automobiles in the state. Commerce Insurance Company offers Massachusetts drivers a variety of group automobile insurance discounts, including the tremendously popular AAA member discount. In addition, based on the most current available information, the company is the second leading provider of homeowners insurance and third leading writer of commercial automobile insurance in Massachusetts.
Today, The Commerce Insurance Company writes more than $1.4 billion in premium and employs more than 1,750 people at their Webster facilities. The Commerce Insurance Company ranks as one of the top 50 Property and Casualty insurance companies in the U.S. according to A. M. Best.
The Commerce Insurance Company has expanded outside of the state of Massachusetts, through subsidiaries Commerce West Insurance Company as well as through A joint venture with AAA of Southern New England who acquired Automobile Club Insurance Company of Columbus, Ohio. The name of this company was subsequently changed to American Commerce Insurance Company.