First Acceptance Corp (FACO) Financial

First Acceptance Corp. is a holding company, which engages in the selling, servicing, and underwriting of non-standard personal automobile insurance and related products. The company is headquartered in Nashville, Tennessee. The firm underwrites non-standard personal automobile insurance through insurance companies known as the First Acceptance Insurance Group. The company offers non-standard personal automobile insurance through its own underwritten insurance policies primarily through independent agents in 15 states. The company also offers a variety of other commissionable third-party products, such as roadside assistance, and in most states, it also sells (and continues to sell) an insurance product for renters that it underwrite. Its products include auto insurance, renters insurance, and life insurance. Its roadside assistance services include mechanical first aid, emergency towing, emergency fluid delivery, emergency tire service, emergency battery service, and lost key or lockout service. Its subsidiaries include First Acceptance Insurance Company of Georgia, Inc. and First Acceptance Insurance Company of Tennessee, Inc.