About company
GAINSCO Auto Insurance® focuses on providing non-standard personal auto insurance, particularly specializing in minimum-limits coverage. With a concentration on the personal auto insurance market, GAINSCO offers policies tailored to individuals with unique insurance needs. In December 2020, State Farm Mutual Automobile Insurance Company acquired GAINSCO, Inc. and its subsidiaries, signaling a strategic move within the insurance industry. This acquisition reinforces GAINSCO's commitment to serving its policyholders while benefiting from the resources and stability of a larger parent company. Despite the change in ownership, GAINSCO continues to provide personalized insurance solutions to its customers.
Key Details:
- Location: The company is headquartered in Dallas, Texas, United States.
- Founders: Gainsco.com was founded by Michael S. Johnston.
- Foundation Date: The company was established in the year 1978.