When it comes to insurance most people default to dealing with giant national insurance companies. But did you know your local credit union may offer competitive insurance options as well? Credit unions like Founders Federal Credit Union now provide members with exclusive pricing on the insurance coverage they need.
Founders Federal Credit Union (Founders FCU) is one of the largest credit unions in South Carolina, serving over 160,000 members. Founders FCU launched an insurance agency to give members access to personalized insurance guidance and member-only discounts
In this article we’ll explore Founders FCU’s insurance offerings for auto home, life and more. Discover why credit union insurance through Founders FCU is worth considering for your protection needs.
Overview of Insurance from Founders Federal Credit Union
The Founders FCU Insurance Agency provides a wide range of insurance solutions, including:
- Auto insurance
- Home insurance
- Renters insurance
- Condo insurance
- Valuable items insurance
- Boat insurance
- Motorcycle insurance
- RV insurance
- ATV insurance
- Life insurance
- Health insurance
They partner with national insurance carriers to underwrite the policies. This gives members the power of a big insurance company combined with Founders FCU’s member-centric service.
The agency’s licensed insurance agents shop rates from multiple insurers to find members the best deals. And they offer objective advice to guide you in choosing proper coverages.
Insurance through Founders FCU provides the convenience of managing policies through your credit union account. Bundling multiple policies together also generates savings.
Exclusive Member Benefits from Founders Federal Credit Union Insurance
What sets credit union insurance apart from traditional insurance companies are the valuable member benefits you’ll enjoy, such as:
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Lower rates – Founders FCU leverages group buying power to negotiate discounted member pricing from insurance partners. Rates can be lower than going direct.
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Bundling discounts – Bundle home and auto insurance (or other policies) to unlock big discounts up to 20% off.
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Multi-policy discounts – Existing relationships with Founders FCU for banking, lending, etc. may earn you extra policy discounts.
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Personalized service – Founders FCU agents provide dedicated one-on-one service tailored to your unique situation and needs.
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Policy management – Manage insurance bills directly through Founders FCU accounts for simplified payments.
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Credit union perks – Ability to borrow against paid insurance premiums at low rates through a credit union loan.
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Local expertise – Agents have specialized knowledge of South Carolina insurance regulations, claims practices, and community requirements.
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Non-profit mission – As a non-profit, Founders FCU prioritizes people over profits to benefit members.
Credit union insurance delivers great value thanks to these advantages you won’t find through national insurance companies.
Auto and Home Insurance from Founders Federal Credit Union
Two of the most popular insurance products offered by Founders FCU are auto and home insurance. Here’s an overview of each:
Auto Insurance
- Liability coverage in case you cause an accident
- Collision to cover your vehicle’s repairs
- Comprehensive for damage from theft, weather, fire, etc.
- Uninsured motorist in case a driver without insurance hits you
- Rental reimbursement if your vehicle is in the shop
- Roadside assistance for on-demand help
Home Insurance
- Dwelling coverage for structural repairs
- Detached structures like garages and sheds
- Personal property to replace stolen or damaged items
- Loss of use to pay for hotels and temporary housing
- Personal liability protection if someone is injured on your property
- Flood insurance and earthquake coverage options
Founders FCU auto insurance is provided by well-known national carriers like Progressive, Liberty Mutual, Safeco, and Foremost. Home insurance partners include Safeco, Travelers, Progressive, and several more.
Why Choose Insurance from Founders Federal Credit Union?
Here are the top reasons South Carolina residents choose Founders FCU for their insurance needs:
Discounted Member Rates
Founders FCU’s group buying power secures members-only reduced pricing and savings opportunities from leading insurance companies. Rates are extremely competitive.
Excellent Customer Service
You work directly with a dedicated licensed Founders FCU insurance agent who takes the time to understand your specific situation, insurance history, and exposures. They proactively identify savings and proper coverages.
Credit Union Service Model
As a non-profit cooperative, Founders FCU puts members first. The insurance program allows members to manage policies directly through their credit union accounts for simplicity.
Bundling Discounts
Founders FCU makes bundling insurance and banking easy and financially rewarding. You can earn substantial discounts by combining auto and home insurance or adding other policies.
Strong Insurer Partners
Founders FCU vets and selects high-quality national insurance carriers for underwriting. This gives peace of mind knowing claims will be paid out reliably.
Local Expertise
Founders FCU agents understand South Carolina insurance regulations and nuances. They incorporate local insights into policy recommendations.
Hassle-Free Claims Service
Founders FCU agents assist throughout any claims process. They leverage relationships with underwriting carriers to smooth the experience.
Founders FCU insurance puts members in the driver’s seat with options tailored specifically to protect lifestyles and assets throughout South Carolina.
Is Founders Federal Credit Union Insurance Right for You?
Here are a few quick questions to determine if switching your insurance to Founders Federal Credit Union makes sense:
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Are you currently a Founders FCU member for banking, lending, etc.? Existing relationships may qualify you for the best pricing.
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Do you want to bundle multiple insurance policies together for simplified billing and multi-policy discounts?
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Would you benefit from borrowing against paid insurance premiums at low credit union interest rates?
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Are you looking for quality insurance coverage paired with attentive customer service?
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Do you want the convenience of managing your insurance through your credit union?
If you answered “yes” to any of these questions, Founders FCU Insurance presents an attractive option worth exploring.
How to Get a Quote from Founders Federal Credit Union Insurance
It’s easy to get a no-obligation insurance quote from Founders FCU:
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Visit the Founders FCU Insurance website or call 843-569-5438.
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Provide details about your insurance needs (auto, home, etc.) and current policies.
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An agent will contact you to discuss coverages and provide customized quoting options from Founders FCU’s partner insurers.
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Compare the Founders FCU quotes against your current insurer’s renewal rates.
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Choose the best policy for your situation – no pressure from Founders FCU!
You have nothing to lose by having Founders FCU shop for lower insurance rates on your behalf. There is no cost or commitment to get quotes.
Contact Founders FCU Insurance today to explore exclusive member pricing for your policies.
No PMI…Ever. | Founders Federal Credit Union
FAQ
What is the federal insurance for credit unions?
Is Founders credit union NCUA insured?
What is credit union owned life insurance?
Who is Founders Federal Credit Union merging with?
Does founders offer insurance?
Founders provides coverage at no cost to Founders members! Whether you are looking for new insurance, or want to compare your premiums with other options in the insurance market, speak with a qualified Founders Insurance Services agent today to review your plans and options. 1-855-385-7977. 1-844-879-3274.
How do I contact Founders Insurance?
Fill out our form below or call 1-855-385-7977 and a Founders Insurance Agent will contact you and help you answer any questions you have regarding our insurance products or your coverage possibilities.
Who are Founders Insurance Services agents?
Founders Insurance Services agents can answer all your insurance needs and questions. Call 1-855-385-7977 today to get a free quote and speak with one of our agents. Brian Bass – Agent
Does the FDIC insure credit unions?
The Federal Deposit Insurance Corporation (FDIC) does not insure credit unions, but that doesn’t mean your funds aren’t equally protected at a credit union. Credit unions are insured by an independent government agency called the National Credit Union Administration (NCUA).