American Mutual Insurance is owned by its policy holders under the company name American Mutual Insurance Association, according to the company's website. It offers farm, home and renter's insurance to residents of Eastern and Central Iowa.
As a mutual-insurance company, American Mutual uses any surplus to reduce policy costs and provide additional funds for future losses incurred by policy holders, the company states. American Mutual is also backed by the Grinnell Mutual Reinsurance Company. Grinnell offers mutual reinsurance for farmers. As of October 2015, American Mutual's headquarters is located at 516 Smith Street, Grand Mound, Iowa. The telephone number is 563-847-2000 or toll-free at 800-213-1331.