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First Acceptance Corporation
First Acceptance Corporation, together with its subsidiaries, operates as a retailer, servicer, and underwriter of non-standard personal automobile insurance and related products in the United States. It issues non-standard automobile insurance policies to individuals based on their inability or unwillingness to obtain insurance coverage from standard carriers due to various factors, including their payment preference, failure to maintain continuous insurance coverage, or driving record. The company also underwrites auto and motorcycle insurance products; and renters, homeowners, commercial, pet, life, travel, outdoor vehicle, and hospital indemnity insurance products. In addition, it provides TeleMed, a subscription service that offers access to doctor for consulting, diagnosing, and prescribing medication for non-emergency illness. The company primarily distributes its products through its retail locations, as well as through call center and internet. As of December 31, 2021, it leased and operated 338 retail locations, and a call center. First Acceptance Corporation was founded in 1969 and is headquartered in Nashville, Tennessee.
Market Cap
$137.2M
Volume
24.2K
Cash and Equivalents
N/A
EBITDA
$27.5M
Tax Rate Collected
N/A
Tax Rate Ratio
N/A
Gross Profit
$25.2M
Profit Margin
8.18%
52 Week High
$4.35
52 Week Low
$2.75
Dividend
N/A
Price / Book Value
1.73
Price / Earnings
7.76
Price / Tangible Book Value
2.88
Enterprise Value
N/A
Enterprise Value / EBITDA
N/A
Operating Income
$25.2M
Return on Equity
N/A
Return on Assets
N/A
Cash and Short Term Investments
$82.4M
Debt
$86.2M
Equity
$89.4M
Revenue
$308.3M
Unlevered FCF
N/A
Sector
Insurance
Category
N/A
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