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ABD Insurance was an insurance agent serving customers in North California. In 2002, Greater Bay Bancorp (GBBK) acquired ABD Insurance & Financial for $200 million.
ABD provided a wide variety of insurance products for its client base. Their most popular products were automobile insurance, homeowners & renters insurance as well as watercraft insurance. They also specialized in providing commercial cover and professional liability. The insurance quotes that ABD offered were reasonably priced that people could afford. The protection their policies provided represented good value when comparing it to other agencies and companies.
ABD offered a range of insurance quotes that suited the budgets and preferences of their customers. As a leading agent in the insurance industry, ABD sometimes ran promotions of various products which benefited existing clients as well as attracting new customers. They advertised insurance products aimed at both the personal and commercial markets.
Greater Bay Bancorp (GBBK) acquired ABD Insurance
by The US Insure TeamPlease note that the information on this page concerning ABD insurance is accurate at the time of publishing. However, details of insurance companies and brokers may change in the future. Although the team at US Insure strive to keep company information up to date there will be occasions when some info may become obsolete or out of date.
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ABD Insurance and Financial was formed in 1990 and grew into a respectful company in the Californian insurance market. By 2005 the company had become the 14th largest insurance brokerage in the USA. The company also ranked 2nd largest in the Bay area of Californian.
In early 2007, Wells Fargo Bank agreed with Greater Bay Bancorp (GBBK) on a $1.5 billion acquisition that would also integrate ABD into its own subsidiary Wells Fargo Insurance Services. The merger became took place on 1st October 2007 rendering the name ABD Insurance & Financial redundant
Here is the latest table of the top performing insurance companies in the US according to the latest expert, retailer and customer survey reviews.
This data was updated and published in
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# | Company | % Market Share |
---|---|---|
1 | State Farm Group | 10.1% |
2 | Berkshire Hathaway | 6.0% |
3 | Liberty Mutual | 5.3% |
4 | All State | 4.9% |
5 | Progressive | 4.3% |
6 | Travelers | 3.9% |
7 | Chubb | 3.3% |
8 | USAA | 3.1% |
9 | Farmers | 3.1% |
10 | Nationwide | 3.0% |
11 | AIG | 2.2% |
12 | Zurich | 2.0% |
13 | Hartford | 1.7% |
14 | CNA | 1.6% |
15 | AM Trust Group | 1.6% |
16 | American Family | 1.3% |
17 | Auto Owners Group | 1.1% |
18 | Eire Insurance | 1.0% |
19 | Tokio Marine | 1.0% |
20 | American Financial | 0.9% |
Although the top companies offer diverse insurance rates and provide varied customer claims services, it is important to check smaller companies that may offer cheaper rates that will suit your needs.
There is a comprehensive list of insurance companies, both large and small on our insurance companies web page.