No, they distribute the profit to policyholders, who are effectively shareholders of the corporation. I belong to one, for auto and home. I get a dividend each year of 20 - 25% of the yearly premium, which is competitive even without considering the dividend. It's not open to the public.
No, they distribute the profit to policyholders, who are effectively shareholders of the corporation. I belong to one, for auto and home. I get a dividend each year of 20 - 25% of the yearly premium, which is competitive even without considering the dividend. It's not open to the public.