Affinity groups are groups of people who share a common interest, profession, or affiliation. They can be based on anything from hobbies, like photography or birdwatching, to professional associations, like the American Medical Association or the National Education Association. These groups often have partnerships with insurance companies that offer discounted rates and specialized insurance policies to members.
The discounts and policies available to affinity group members vary widely depending on the group and the insurance company. For example, members of the American Bar Association may be eligible for discounted rates on professional liability insurance, while members of the International Association of Fire Fighters may be eligible for discounted rates on auto and home insurance.
Affinity groups can also be a valuable resource for insurance information and advice. Many groups have forums or discussion boards where members can ask questions or share their experiences with insurance providers. Members of these groups may also have access to insurance experts who can help them find the right coverage at the right price.
At Best Formula Insurance, we work with a variety of affinity groups to provide our clients with the best rates possible. If you’re interested in learning more about how affinity groups can help you save on your insurance premiums, give us a call or visit our website.