Founders Auto Insurance Review (2023)

Founders Insurance sells non-standard auto insurance policies in Illinois, Indiana, Ohio, and Wisconsin. Even high-risk drivers, people with international licenses, and customers with poor credit can buy Founders Insurance auto insurance, as this company provides you with flexible underwriting with no credit requirements. Founders Insurance auto insurance rates are currently unavailable.

UPDATED: Jun 28, 2022Fact Checked

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Dan Walker graduated with a BS in Administrative Management in 2005 and has been working in his family’s insurance agency, FCI Agency, for 15 years. He is licensed as an agent to write property and casualty insurance, including home, life, auto, umbrella, and dwelling fire insurance. He’s also been featured on sites like

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Written by Daniel Walker
Licensed Insurance Agent Daniel Walker

Dan Walker graduated with a BS in Administrative Management in 2005 and has been working in his family’s insurance agency, FCI Agency, for 15 years. He is licensed as an agent to write property and casualty insurance, including home, life, auto, umbrella, and dwelling fire insurance. He’s also been featured on sites like

Full Bio →

Reviewed by Daniel Walker
Licensed Insurance Agent Daniel Walker

UPDATED: Jun 28, 2022

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Company Details
President: Timothy Carlson
Address: 1350 E. Touhy Ave, Suite 200W
City: Des Plaines
State: Illinois
ZIP Code: 60018
Phone Number: 8477680040
Toll Free: (847) 6800040
Year Founded: 1901
AM Best Rating: A

Founders Insurance sells non-standard, low-cost auto insurance policies in Illinois, Indiana, Ohio, and Wisconsin.

So high-risk individuals, people with international licenses, and even customers with poor credit can buy Founders Insurance auto insurance policies at a reasonable rate.

In this Founders Insurance auto insurance review, compare customer and financial ratings, learn how to request a quote, and more to determine if this company is a good match for you.

After learning about affordable Founders Insurance auto insurance, don’t forget to enter your ZIP code into our free tool above to compare quotes from the top companies in your region.

What is Founders Insurance auto insurance company?

Founders Insurance auto insurance company is a non-standard insurer selling auto policies in four states.

You can only secure Founders insurance quotes if you live in Illinois, Indiana, Ohio, or Wisconsin.

According to the website, Founders provides drivers with flexible underwriting and personalized coverage with no credit requirements.

So you can get auto insurance with bad credit from Founders.

This company provides services for higher-risk individuals who may struggle to secure coverage from traditional companies.

Those customers include people in need of SR-22 insurance, new drivers or people with no prior insurance history, auto insurance for bad driving records, and people with international licenses.

You can purchase most of the basic auto insurance coverages from Founders Insurance, including liability, collision, and comprehensive insurance.

Plus, Founders also sells medical payments (MedPay) coverage, at least in Wisconsin, where it is legally required.

However, you must contact your independent insurance agent for details about any optional policy add-ons available to you.

Currently, there is no Founders Insurance mobile app for customers to use. However, the company does offer a mobile-friendly website designed specifically for when you’re on the go.

Customers also create Founders Insurance logins on the company website that apply to the mobile web link as well.

Once you’ve created an account, you can access your ID cards, make necessary policy changes, pay your bill, file claims, and more, all within the customer portal.

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How do you request Founders Insurance auto insurance quotes?

To request Founders Insurance auto insurance quotes, you must use an independent agent. In fact, all Founders Insurance policies are sold by independent agents.

So this means there are no convenient online quote tools for you to use on the Founders Insurance website.

But you can find independent agents near you on the company website. Independent agents differ from captive agents in that they remain loyal to the customer, not to one specific company.

Know that once you connect with an agent, they may also provide you with quotes from other companies they’re contracted with besides Founders.

What are the average Founders Insurance auto insurance rates?

Currently, Founders Insurance auto insurance rates are not publicly available. However, the website provides a sample rate of $141.78 per month.

If you request a quote, consider comparing it to the average cost of auto insurance in the state where you live.

The table below compares the average annual auto insurance expenditures in the four states where Founders operates, as recorded by the Insurance Information Institute (III).

Average Annual Auto Insurance Expenditures by State
StateAverage Annual Auto Insurance Expenditures

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Many factors impact your auto insurance rates, including your age, ZIP code, coverage needs, and driving record.

Plus, if you’re a high-risk driver, your rates will likely be substantially higher than average.

So to accurately secure your best possible rates, compare quotes from multiple of the best insurance companies, including standard and non-standard insurers.

How do you file an auto insurance claim with Founders Insurance?

To file a Founders Insurance auto insurance claim, you may use the company website or the mobile web link or call the Founders Insurance phone number for the claims department directly.

If you use the website or mobile link, you can log in to your customer account or report a claim without signing in.

Next, you’re prompted to fill out a small form and provide details about the incident.

If you prefer to talk to someone directly, you can call the company to file claims on weekdays between 8 a.m. and 5 p.m. central time.

Plus, the office accepts calls for new losses only on Saturdays until 1 p.m. central time.

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Does Founders Insurance offer any auto insurance discounts?

Founders Insurance does offer some stackable discounts to customers, but availability is limited by state.

According to the website, you may earn multi-car, transfer, homeowners, and renewal discounts as a Founders Insurance customer.

However, there are no available details about exactly how much you may save by earning the discounts.

Additional rate reductions may also be available to you. Contact your independent insurance agent or call the company directly to know what discounts you can earn from Founders.

How are the Founders Insurance ratings and reviews?

It’s a good idea to look into an insurance company’s customer ratings and financial reviews. This way, you can determine if a company is reliable and efficient before committing to a full policy.

The good news is that Founders earned an A (Excellent) score from one of the leading credit rating agencies, A.M. Best.

This implies that Founders is financially robust and can follow through on any promises it makes to policyholders.

Plus, despite not being Better Business Bureau (BBB) accredited, this company earned an A- score, suggesting it interacts positively with customers.

However, according to the National Association of Insurance Commissioners (NAIC), Founders earned a complaint index score of 7.19.

The median is always set to 1.00, and lower scores are ideal. So, unfortunately, a 7.19 means Founders received seven times as many customer complaints as the median.

Founders’ customers primarily complain about a slow-moving claims process and fluctuating auto insurance prices.

While it’s typical for insurance companies to receive negative reviews online, it’s important to keep these customer experiences in mind while you shop around for your best coverage.

Does Founders Insurance sell other insurance products?

Founders Insurance does sell several other insurance products besides personal auto insurance policies.

For example, if you live in Illinois, Founders provides renters coverage for houses, condos, townhomes, and apartments with rates starting at just $1 per day.

Founders Insurance also sells homeowner policies in Illinois and offers a home and auto bundle deal to customers living in that state.

Plus, you can purchase commercial auto insurance coverage as long as the vehicle weighs less than 16,000 pounds and travels under a 200-mile radius.

You can purchase snowplow and landscaping insurance policies in both Illinois and Indiana.

Finally, Founders Insurance specializes in hospitality industry insurance policies, including special events coverage and liquor liability policies.

According to the website, Founders provides coverage for events ranging from weddings to farmers’ markets and more.

It’s been in the hospitality insurance industry for over 50 years and currently supplies coverage in 18 different states across the country.

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What is the history of Founders Insurance?

Founders Insurance started by selling fire insurance policies in 1901 in Des Plaines, Illinois.

With just $100,000 of capital, a small group of farmers, merchants, and homeowners came together to form the Mutual Fire Insurance Company.

In 1960, it merged with Founders Mutual Insurance Company but mainly focused on fire insurance and liquor liability coverage throughout most of the 1950s.

Finally, in the 1990s, after the company exchanged leadership a few times, Founders Insurance started selling personal auto insurance policies.

Today, Founders sells both traditional and non-standard auto insurance policies in four states. Plus, it offers homeowner and business insurance policies in 22 states.

Founders Insurance: The Bottom Line

Overall, Founders Insurance sells lower-cost non-standard auto insurance policies primarily for drivers who struggle to secure coverage elsewhere.

So if you’re a higher-risk customer and live in one of the four states where this company operates, consider adding Founders Insurance to your comparison shopping list.

However, safer drivers may have better luck securing cheaper policies with more coverage options from other top auto insurance companies.

You’ve discovered how to buy Founders Insurance auto insurance, now secure your best coverage by entering your ZIP code into our free rate tool below and compare quotes from reputable companies near you.

for Founders Insurance Company

3.79 (25 reviews)
December 12, 2020


Good prices

Been okay so far price is decent too I think they need to be available in the office more but mostly decent company
June 21, 2020


Founders is awesome

Great service great they really do the most to ensure customer satisfaction I really wish that they would have a grace period
May 3, 2020


I appreciate the service and enjoy the business

Great everyone was respectful and they were very patient with me I was able to get through everything with no rushed decisions.
May 2, 2020



Founders is a great company. My grandparents and my dad have had a such great experience. The insurance plans are affordable and great!
May 1, 2020


My thoughts on founders

They were a wonderful company very fair rates but I found a better insurance policy.they were very helpful when I filed my first auto accident claim
October 12, 2019


good company and goodprice

never had any problems although never had a claim . seems to be a repatible company. i will continue to use them
July 30, 2019


i am happy

so far no problems-good rates-service-next to other companies, I think they are affordable-you might shop around better rates,but this may be the line.
August 23, 2018


Founders Insurance

The agent is really nice and helpful. The internet site is easy to use, I pay there using my account and it is fast. Very practical. Good price.
April 29, 2018


Could be better.

It was ok at first then the prices fluctuated too much after my policy would end. it was still an all around good insurance company.
April 18, 2018


i really like this company

i really like it.i have no complain for this company.its very nice customer service.its offers low prices
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