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mutual insurance company

Cultural  
  1. A type of insurance company in which policyholders share in the profits.


Example Sentences

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See Examples For:

Jumping ship to a mutual insurance company doesn’t necessarily guarantee a better deal, but it’s a calculation many are weighing as high insurance costs strain budgets that are already feeling the inflation squeeze.

From MarketWatch Apr. 16, 2026

“The mutual insurance company structure, with the issuers as members, offers assurance to bondholders that the company will not deviate from its public finance mission.”

From BusinessWeek Sep. 26, 2011

A few years ago, I had car insurance with what was called a mutual insurance company.

From Time Magazine Archive

Although New England was the first mutual insurance company chartered in the U.S., the Mutual Life Insurance Co. of New York, chartered later, opened for business first.

From Time Magazine Archive

A mutual insurance company of this nature is probably entered into on account of the serious difficulty which most Chinese families experience in getting together ready money.

From Village Life in China A Study in Sociology by Smith, Arthur H.

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