Federated Insurance is guided by our Mission Statement: As a Mutual Insurance Company, we believe our value is measured by th ... e success of our clients. It’s Our Business to Protect Yours® Federated specializes in business insurance and risk management services for select industries including: – Auto, motorcycle dealers, and powersports dealers – Auto parts stores – Auto service and repair – Building material dealers – Cabinet and custom woodworking shops – Contractors – Convenience store operators – Farm, dairy, and industrial equipment dealers – Funeral services – Grocery stores – Jewelry retailers – Machining, plastics, and tooling – Petroleum marketers and transport – Wholesale operations – Printers – Tire dealers History: In 1904, Federated Insurance Company was founded in Minnesota by an association of business owners seeking more affordable property insurance tailored to meet the needs of their industry. Profile: • More than 500 state, regional, and national industry association and affinity groups recommend Federated to their members. • Multi-line company that offers property, liability, surety, auto, workers compensation, umbrella, and life and disability income insurance • Mutual company structure, meaning Federated’s key stakeholders are its policyholders, not shareholders as in stock insurance companies • 61st largest property and casualty insurance company in America based on premiums • 13th largest property and casualty mutual insurer in America based on premiums Benchmark Ratings: • A.M. Best® — A+ (Superior) • Ward's Top 50 - Of the 3,800 insurance companies rated by Ward's, Federated is only one of five companies who are on Ward's Top 50 for both P&C and Life Insurance. read more