Frederick Mutual, a mutual insurance company, empowers its policyholders through shared ownership.

Celebrating 175 years in 2018!

Last year, our 174 year-old start-up campaign represented an innovative culture and sense of urgency to achieve success following an analysis into who we are and what we do as a company. We recognized the tremendous opportunity for profitable growth in the states where we are licensed and the agencies with which we are partnered. This changed the direction of our company!

This year, we delivered an enhanced technology platform and improved business processes. Our proactive approaches have made way for new products, coverage enhancements, and expansion into Virginia, Delaware, and the District of Columbia. Our goal is to continue providing our policyholders the Peace of Mind they deserve.

What we do

We provide Peace of Mind to our policyholders through Independent Agents. We offer comprehensive coverage for small businesses and homeowners in Maryland, Virginia, Delaware, Washington, D.C. and Pennsylvania. 

How We Deliver

We have a responsive, knowledgeable team of Underwriters, including Executive Underwriters that work directly with our Agents at their offices to bind business faster. We have a dedicated, onsite Claims Department. We are an Equal Opportunity Employer. 

Our History

We are the 3rd oldest insurance company in Maryland and the 9th oldest in the United States. Our longevity is attributed to strong financials, derived from safeguarding the interests of our policyholders, and keeping pace with an ever-changing industry.

Early company ledgers recorded increasing values for farmlands and farm equipment as applications for insurance poured in from across Frederick County.  Citizens of Frederick indicated investments in education, agriculture, music, and entrepreneurship by requesting insurance coverage for their libraries, stables, pianos, and one-story office buildings.

The first claim payout was $5.83 for damage to the home of Peter Storm on South Market Street in August 1845. Today, this claim would cost approximately $183.

The largest claim payout in the early years of FMIC  was for the burning of the mill of Theodore Delaplaine on the Monocacy River. The loss was $7000, which equates to over $188,000 in today's dollars.

Frederick Mutual Insurance Fire Mark