Acceptance Insurance's Washington agency has been open only one year, but already covers 850 area families.
Marvin McAdams is manager of the local office.
Acceptance Insurance, an affiliate of First Acceptance Corporation, is headquartered in Nashville, Tenn.
The company is an insurance provider of non-standard automobile insurance services specializing in writing policies for individuals who have a difficult time getting insured because they have too many traffic violations, tickets or accidents on their records.
"That is a significant advantage over our competition," McAdams noted.
Policies are provided on a six-month basis, with only one month down payment due before coverage.
The company offers rates competitive with Geico and Progressive, McAdams said.
It also works closely with automobile dealerships. Car buyers have to have proof of insurance before driving off the lot, McAdams explained, and Acceptance Insurance will quote the insurance for an individual and write a policy on the spot.
McAdams noted the company is a large writer of insurance for Mexican immigrants.
Being insured is especially important now that the Department of Revenue has a zero-tolerance policy for driving without insurance, McAdams said.
"Whenever I present a policy, I impress upon (people) that without insurance the Department of Revenue will take their license away and impose a fee," he said.
McAdams' is the only Acceptance Insurance office in Franklin County. The business serves Washington, Union, St. Clair, Marthasville, Villa Ridge, Pacific, Robertsville, Lonedell, Dutzow, Augusta, Labadie, Leslie, Gerald, Owensville, Sullivan, Bourbon, Warrenton, Cuba and Rolla.
There are 14 Acceptance Insurance offices in Missouri, including three in St. Louis County and six in St. Charles County.
The company was started in 1976 as a family owned insurance agency in Tennessee and has grown to a corporation servicing 10 states and operating over 200 offices. In May, the company went public as First Acceptance Corporation and is listed on the New York Stock Exchange.
McAdams has been active in the insurance industry since 1970. He served as senior marketing underwriting field manager for Maryland Casualty Insurance Company, St. Louis; director of risk management, employee benefits and safety for both Hazel, Inc. and Bass Pro Shop; workers' compensation/safety-loss conservation manager for Correctional Medical Systems; and vice president for C&M Bonding Company, Houston.
McAdams and his wife Charlotte have lived in Washington on and off since 1973. He is an active member of the Washington Lions Club and a past chairman of the Washington Town and Country Fair.
His office is located at 1037 Washington Square. For more information, people may call 636-390-9818.
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