New South Insurance Company

Information of New South Insurance Company 

Type of Entity:  CL
License Number:  93604
License Type:  Fire and Casualty (FC)
NAIC Number:  12130
TDI Company Number:  93604
FEIN:  560576685
Home City/State:  NC
Origin:  Foreign
Date Incorporated/Organized:  12/15/1952
Date Licensed/Eligible/Registered in Texas:  11/26/1980
Company Status:  Normal Operations

Types of Insurance Licensed to Write

  • Allied Coverages
  • Auto Liability
  • Auto Physical Damage
  • Burglary & Theft
  • Fidelity & Surety
  • Fire
  • Glass
  • Inland Marine
  • Liability Other

Overview

New South Insurance Company registered as a foreign for profit corporation in  the State of Florida and is inactive. This Commercial entity was registered eighteen years ago on july 01, 1996 as documented with Florida Department of State. This Company was founded in 1952 as a fire and casualty insurance company. In 2003, the company was sold to GMAC. At Present, the parent company which is American Capital Acquisition Corporation is the financial division of GMAC. GMAC informs that this company is one of the six subsidiaries of GMAC. Currently, this is fourth largest lease company in Alabama. They work with low and middle class borrowers  to offer inexpensive rates. According to a recent survey,  their total assets comprise of $68.29 million, policy surplus is $25.1 billion and working capital is $3 million.

Policies

New South Insurance Company persists to endorse policies, but does not sell policies directly to the public. It sold a series of principally individual, private insurance policies, business liability. Auto Insurance comprise of trucks, ATVs, boats, cars and recreational vehicles. The other policies recorded are motor vehicle, accident and health, marine, aircraft physical damage, theft and burglary, personal injury liability.

Prices

Since 1993, they have offered crores of consumers to discover low insurance rates with their huge association of companies. Any consumer need to fill out a form and their system will match with the agents in their local area that can offer them the best price.

How to Claim

As their office is located in Winston-Salem, We call their corporate office and report our claim. A representative will take the required information and commence the process of the claim. An agent will be assigned to the consumer till the completion of the claim process. At the time customer signs up for a policy, New south assigns a specific account representative till the end. As New South Insurance Company is an independent agency, we may have the choice to start off the claim process with them or directly to our carrier. Some carriers say that we can bypass the filing process, but others wish to contact the agency. Its according to their own choices.

Conclusion

All indications reveal the fact that New South is an independent and a local agency rather than a regional carrier as no source is able to discuss the financial strength.

New South Insurance Company Contact Details

Mailing Address

P O Box 3199
Winston-Salem NC 27102-3199

Physical Address

500 West 5th Street
Winston-Salem NC 27101-2728

New South Insurance Company Rating: N/A

New South Insurance Company Phone Number

Office Number: (336)435-2000

Toll Free Number: (800)526-0332

Fax Number: (336)435-2022