About Bear River Mutual
Utah’s Oldest Mutual Insurance Company for Personal Lines
Established on July 1, 1909, along the picturesque Bear River in the Northern Utah farming community of Garland, Bear River Mutual Insurance Company proudly holds the title of Utah’s oldest mutual property and casualty insurance company. Our founding coincided with the establishment of Garland, UT, as a means to offer local farmers access to insurance at more affordable rates.
The Power of Mutual Insurance
At Bear River Mutual, we prioritize our policyholders and operate with their best interests at heart. Here are some key benefits and distinctive features that set us apart:
- Policyholder Ownership: As a policyholder, you become an owner of our company. Unlike traditional companies with stocks to buy and external stockholders influencing decisions, our structure ensures that your needs and priorities always take precedence. You have a voice in shaping our operations.
- Customer Focus: Our unwavering commitment to serving our policyholders drives everything we do. With a customer-centric approach, we strive to exceed your expectations and deliver exceptional service. Your satisfaction is our primary goal, and we continuously work to enhance your experience with us.
- Policyholder Benefits: Unlike profit-driven companies, our dedicated focus is on your well-being. Positive financial performance is utilized to keep rates as low as possible and build a policyholder surplus. This surplus provides the necessary funds to fulfill our obligations to policyholders, even in the face of unexpected or catastrophic losses.
- Long-Term Stability: We adopt a prudent and long-term perspective when managing our business. Our priority is to ensure the stability and financial strength of our company, enabling us to fulfill our commitments to you over the long run. Through conservative risk management practices, we foster sustainable growth and maintain ample reserves to protect your interests.
- Alignment of Interests: Our structure aligns the interests of our company and our policyholders. We recognize that our success is intricately tied to your satisfaction and trust. This alignment cultivates a strong relationship based on mutual benefit, as we work together to mitigate risks and safeguard your financial security.
- Community Involvement: We are deeply rooted in our local communities. By investing in our communities, we strengthen our bonds with you and demonstrate our commitment to making a positive impact where we live and work. We believe in giving back and being an active participant in the betterment of our community.
At Bear River Mutual, we are proud of our rich history and the values that have guided us for over a century. We are committed to serving you, our valued policyholders, and providing you with the utmost care, reliability, and peace of mind.
Where Values Count
At Bear River Mutual, our actions and business practices are guided by a set of enduring values. These values, including integrity, honesty, hard work, and community service, are deeply rooted in the spirit of the American West that helped shape our company.
Throughout our century-long history, our commitment to these values has remained steadfast, serving as the foundation of our organization. Our motto, “Where Values Count,” embodies our past, present, and future. It sets Bear River Mutual apart from other insurance companies.
As a provider of insurance exclusively in Utah, we prioritize a personalized approach. Our policyholders have the opportunity to work directly with local professionals, ensuring the highest level of tailored service available. This commitment enables us to handle personal auto, homeowners, fire, and umbrella insurance claims with fairness and responsiveness, always striving to exceed expectations.
How Are Mutual Companies Unique?
Bear River Mutual is part of a tradition that began in 1752 when Benjamin Franklin founded the first mutual insurance company. Franklin’s Fire Insurance Company of North America pooled the funds of Philadelphia property owners who paid premiums to protect their mutual interests in the event of a fire.
- Our policyholders are the owners of the company
- We keep our operating costs low
- We make insurance affordable and accessible
Protecting what is important to you
You worked hard for what you have. Bear River Mutual knows how to protect it. All of our policies come with the financial backing and service of company that understands why insurance matters.
Auto Insurance
Our Auto Policy rewards your impeccable driving habits with premium protection, embodying our vision to insure the best drivers.
Home Insurance
In line with our mission of ‘Mutually insuring each other for less’, our Home Policy offers comprehensive coverage for the most responsible homeowners. Secure your sanctuary with us, and become a part of our vision to protect the safest homes.
Condo Insurance
Navigating through condominium insurance can be tricky. That’s why our Condominium Policy offers comprehensive coverage that aligns perfectly with condo living, providing protection for your unit and personal possessions.
Renters Insurance
Just because you don’t own it, doesn’t mean you don’t protect it. Our Renters Policy is designed to shield your personal belongings and provide liability coverage in a rental property, ensuring you feel right at home.
Dwelling Insurance
Our Dwelling Policy provides specialized coverage that protects the structure of your rental property, securing your investment from unforeseen incidents.
Umbrella Insurance
In a world filled with uncertainties, our Umbrella Policy provides that extra layer of liability protection beyond your other policies, keeping you and your assets well-covered in all circumstances.
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