Everything You Need to Know About MMG Insurance in 2023

For those seeking a car or home insurance provider, it may help to check out our MMG insurance review and other data about the organization to determine if it offers the coverage you desire at the right price. MMG has a long history of providing personal and commercial insurance, but that does not automatically mean it’s your best option. 

MMG Insurance Company offers many benefits, including positive reviews and awards, is well-recognized within the industry, and offers competitive discounts. Here, we’ll discuss what MMG Insurance Company has to offer. 

If you’re looking for affordable auto insurance or any other type of insurance coverage, just enter your ZIP code into our free online quote tool above to compare multiple rates today.

What is MMG Insurance Company’s rating?

The company generally rates well with certifying organizations. According to A.M. Best, MMG scores an A, which ranks the company as a stable and financially strong organization. The company also has an A+ rating with the Better Business Bureau and has been a member since 2017.

MMG Insurance Company History

Maine Mutual Group (MMG) Insurance Company began in Northern Maine in 1897. It was founded as the Aroostook County Patrons Mutual Fire Insurance Company by a group of residents in a small farming and logging community who wanted more affordable coverage. The company solely focused on providing fire and lightning strike coverage, which was the most significant risk to businesses and homes in the area. In 1906, it became Maine Mutual Group and would eventually grow into the company it is today.

Throughout its history, MMG received numerous awards and recognition for the work it provides. According to WMTW News 8, MMG Insurance has made the list of top places to work, and the company has received the 2020 Company of the Year award from the Maine Insurance Agents Association, MMG also received the Silver Level Digital Insurer Award from IVANS in 2020. 

What does MMG Insurance Company offer?

MMG provides insurance in Maine, New Hampshire, Pennsylvania, Vermont, and Virginia. 

Its personal insurance products include:

• Auto insurance
• Dwelling fire insurance
• Homeowners insurance
• Watercraft insurance
• Personal umbrella insurance
• Snowmobile insurance

It also provides commercial insurance, including:

• Business auto insurance
• Business owner insurance
• Commercial package policies
• Commercial umbrella insurance
• Farm owner insurance
• Special trade contractor coverage

MMG offers a fairly comprehensive array of insurance coverage options for any individual or business. The most notable missing piece, though, is life insurance.

What types of insurance discounts does MMG Insurance Company offer?

For many people, car insurance discounts are an essential consideration when choosing a provider. MMG Insurance Company offers several potential discounts to those who qualify. 

These include:

• Anti-theft device discounts
• Multi-policy discounts
• Military family discounts
• Good student discounts

The company does not advertise its discounts or package pricing. However, it is possible to get a free, no-obligation quote for coverage that may answer some questions about what to expect. 

What is Driver Advantage from MMG?

MMG Insurance Company offers Driver Advantage, a type of coverage enhancement that may help improve current coverage. This add-on helps to provide additional protection but also includes a safe driving incentive. 

It may reward a driver with significant savings if they remain accident- or claim-free. Driver Advantage includes:

• Disappearing collision deductible for staying claim-free
• Original equipment manufacturer (OEM) parts guarantee, which means the same manufacturer components will be used to make repairs for a qualified claim
• Increased medical payments for added financial protection
• Full glass deductible waiver 
• Increased transportation expense limits
• Increased towing and labor limits
• Lockout and key replacement services
• Airbag deployment coverage
• Trip interruption coverage

The company also offers Enhanced Auto Replacement, a type of endorsement for new model year vehicles to help reduce the risk of costly first-year losses. In this case, the replacement cost is based on the latest current model year for that vehicle and MSRP for a current-year model. 

Auto loan and lease coverage are also included if you have collision and comprehensive coverage with MMG. This endorsement would cover any difference you owe on a lease or a loan if the car is totaled in a covered incident and you owe more than it’s worth.

What To Consider About MMG Insurance Company

Given its positive reviews and long history, MMG Insurance Company is a good option for many. However, it’s only available in a few states and may not have coverage that suits everyone. To find out, request a few quotes and compare policies carefully to ensure this company works well for your needs. Check out MMG Insurance reviews as well, to see if other customers have questions that match your own.