Is Old American Indemnity Company Good?

Last Updated on January 13, 2026

Old American Indemnity Company (often shortened to OAIC) focuses on nonstandard private passenger auto insurance—coverage designed for drivers who may have trouble qualifying for standard insurers because of tickets, accidents, lapses, or other underwriting factors.

Because nonstandard carriers often work through agents and third-party administrators, what you can buy (and how you’re serviced) can look different from a “big-name” insurer. Availability, coverages, and discounts can also vary by state.

Our Rating of Old American Indemnity Company

Old American Indemnity Company is a Kentucky-based nonstandard auto insurer for higher-risk drivers in select states, typically sold and serviced through agents and MGAs.

3.6

out of 5

★★★★☆

Based on pricing, coverage options, claims experience, and ease of service.

Nonstandard (high-risk) focus Select-state availability Agent/MGA serviced

Summary

Bottom line: Old American Indemnity Company can be a practical option for drivers who need nonstandard auto insurance and are comfortable working through an agent or servicing partner.

OAIC focuses on nonstandard private passenger auto coverage, offering common options like liability, comprehensive, collision, and uninsured/underinsured motorist coverage, with add-ons such as roadside assistance and rental reimbursement varying by state and program; because policies may be handled through managing general agents or third-party administrators, confirm who services your account and how claims, billing, and policy changes are managed for your specific policy.

Best for

  • Drivers who’ve had trouble qualifying with standard insurers due to tickets, accidents, or lapses
  • Shoppers who need straightforward compliance coverage in a participating state
  • People who prefer handling quotes and service through an agent or MGA

Not ideal for

  • Drivers who want robust online self-service and a single national service experience
  • Shoppers looking for broad discount programs or multi-product bundling with one carrier
  • Anyone outside OAIC’s current operating states or programs

Old American Indemnity Company at a Glance

MarketNonstandard auto insurance (often used by higher-risk drivers)
How You BuyTypically through independent agents or partner organizations
Where It’s AvailableSelect states (availability can change—confirm before applying)
Best ForDrivers needing basic compliance coverage, SR-22 filings (where offered), or a path back to standard markets
Not Ideal ForShoppers who want broad online self-service, lots of discounts, or bundling multiple products with one carrier

Who This Insurer May Be a Good Fit For

Nonstandard insurance isn’t “bad insurance”—it’s a different underwriting category. OAIC may be worth a look if:

  • You’ve been declined by standard insurers or quoted very high rates
  • You need coverage to stay legal and avoid a lapse
  • You’re rebuilding your driving record and want a plan to shop again after 6–12 months
  • You primarily need a straightforward policy (liability or basic full coverage)

Quick tip: If your last policy lapsed, prioritize getting continuous coverage first. Even a short lapse can make quotes more expensive until you’ve rebuilt an uninterrupted insurance history.

How OAIC Policies Are Often Sold and Serviced

Many nonstandard insurers operate through a network of independent agents and partner service organizations. That can affect:

  • Quotes: You may need to work with an agent to compare options and finalize coverage.
  • Billing and policy changes: A servicing organization may handle payments, ID cards, endorsements, and reinstatements.
  • Claims: Claims may be reported through a dedicated claims administrator rather than a single national claims phone number.

If you’re shopping multiple high-risk options, compare OAIC against other nonstandard car insurance companies so you can see which one best matches your state and driving profile.

Old American Indemnity Auto Insurance Coverage Options

Exact offerings vary by state and underwriting program, but nonstandard auto policies commonly include the coverages below. (If you’re unsure what you need, start with your state’s minimum requirements and then consider protection for your car and your passengers.)

CoverageWhat It Typically Helps Pay ForWhen It Matters Most
Liability (Required in Most States)
Property Damage + Bodily Injury
Damage or injuries you cause to othersAny at-fault accident—especially where injuries are involved
ComprehensiveTheft, vandalism, hail, animal hits, and other non-collision lossesIf your car has value you can’t easily replace out-of-pocket
CollisionDamage to your car from a crash (regardless of fault, subject to deductible)If your vehicle would be expensive to repair or total
Personal Injury Protection (PIP) / Medical Payments (MedPay)Medical bills for you and passengers (rules vary by state)When health insurance deductibles are high or you want extra protection
Uninsured/Underinsured MotoristInjuries (and sometimes property damage) when the other driver has little/no coverageIn hit-and-runs or crashes with underinsured drivers
Roadside AssistanceTowing, jump-starts, lockouts, and basic roadside servicesIf you drive older vehicles or commute long distances
Rental ReimbursementRental car costs while your vehicle is being repaired after a covered claimIf you rely on your car daily and don’t have backup transportation
Gap InsuranceThe difference between your loan balance and car value after a total loss (if eligible)If you’re upside-down on a loan/lease

Old American Indemnity Discounts and Ways to Save

Nonstandard programs often have fewer discounts than standard insurers, but you may still be able to lower your premium depending on your state and program. Here are savings opportunities to ask about:

Discount or StrategyWhat to Ask Your AgentLearn More
Multi-VehicleWhether adding another car lowers the per-vehicle rateMulti-car discounts
Multi-Policy (Where Available)Whether any partner program supports bundlingHow bundling works
Safe DriverWhether a clean period earns a discount or lower tier at renewalGood driver discounts
Vehicle Safety FeaturesWhether airbags, anti-theft, or ADAS qualifySafety feature discounts
Low MileageWhether reduced annual mileage lowers the rateLow-mileage discounts
Defensive DrivingWhether completion earns a discount in your stateDefensive driving course discounts
Student Away From HomeWhether a student living elsewhere qualifies (if applicable)Distant student discounts
Loyalty / Renewal TieringHow pricing changes at renewal with continuous coverageCustomer loyalty discounts

How to Get a Quote

Because nonstandard pricing is highly individualized, the best approach is to gather details and let an agent compare programs available in your state.

  1. Collect basics: driver’s license info, VINs, garaging address, and your driving/insurance history.
  2. Choose coverage goals: minimum limits vs. stronger protection (and your deductible comfort level).
  3. Ask about required filings: if you need an SR-22 or similar form, confirm availability and fees upfront.
  4. Compare at least 2–3 options: nonstandard rates can swing widely by company and state.

If affordability is your main concern, review these practical steps before you reduce coverage too far: I can’t afford car insurance—what should I do?

If You Can’t Get Covered Elsewhere

If you’ve been declined by multiple carriers, you may still have options—like state programs or assigned-risk plans (availability and rules vary by state). Start here: how assigned risk auto insurance works.

For a broader overview of how nonstandard auto insurance differs from standard policies, see: non-standard auto insurance explained.

How to File a Claim or Get Policy Help

Start with the contact information on your declarations page, ID card, or billing statements. If your policy is serviced by a partner administrator, that organization may handle claims intake and policy changes.

You can also use OAIC’s online directory to find the correct service contact for your policy number: Claims & Policy Directory.

How to Cancel Your Policy

Cancellation rules vary by state and policy terms, but the basics are consistent: request an effective cancellation date, confirm any documentation requirements, and avoid a coverage gap if you’re switching carriers.

  1. Line up replacement coverage first (if you’re still driving).
  2. Contact your servicing agent/administrator and request the cancellation date.
  3. Ask how refunds work if you paid ahead (and whether any fees apply in your state).

If you’re owed money back after canceling, this guide explains how unused premium refunds typically work: refund of unused premiums.

Quick tip: If you’re canceling because you sold the car, ask what proof they need (bill of sale, plates returned, or new policy declarations). Documentation can prevent delays and billing disputes.

How to Research Complaints, Licensing, and Financial Information

For any insurer—especially a smaller or regional/nonstandard carrier—use regulator tools to verify basic details:

  • Check licensing and company info: Use the NAIC’s Consumer Insurance Search tool and confirm the exact company name on your policy.
  • Review complaints carefully: Look at complaint patterns (billing vs. claims vs. underwriting), not just star ratings.
  • Confirm the servicing entity: If your policy is administered by a third party, review that organization’s contact process and timelines.

Start here: NAIC Consumer Insurance Search.

Bottom Line on Old American Indemnity Company

Old American Indemnity Company may be a practical option if you need nonstandard auto insurance and want a policy designed for higher-risk drivers. Just be sure you understand who services your policy, how claims are reported, and what options you’ll have at renewal as your driving record improves.

Contact Information

Mailing Address:
P.O. Box 793747
Dallas, Texas 75379-3747

Phone: 214-561-1991
Toll-Free: 866-233-7091

Fax: 214-561-1990
Compliance Fax: 214-561-1988

Email: info@oldam.com

Website: https://www.oldamericanindemnity.com/

Note: Contact details and servicing partners can change. For the fastest help with claims or policy changes, use the phone number listed on your declarations page/ID card or the company’s claims and policy directory.

FAQs on Old American Indemnity Company Car Insurance

James Shaffer
James Shaffer James Shaffer is a writer for InsurancePanda.com and a well-seasoned auto insurance industry veteran. He has a deep knowledge of insurance rules and regulations and is passionate about helping drivers save money on auto insurance. He is responsible for researching and writing about anything auto insurance-related. He holds a bachelor's degree from Bentley University and his work has been quoted by NBC News, CNN, and The Washington Post.
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