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Federated Insurance

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Federated Insurance is a mutual insurance company headquartered in Owatonna, Minnesota, providing business insurance and risk management services.

Last updated September 11, 2026

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Overview

Federated Insurance traces its origins to 1904, when a group of farmers and business owners in and around Owatonna, Minnesota, pooled their resources. It expanded over the following decades to provide property coverage for equipment dealers, auto dealers, petroleum marketers, and contractors throughout the Midwest, and by mid-century became among the nation's first multiline insurance companies with its expansion into liability coverage. It later added life insurance, workers compensation coverage, group health insurance (which it no longer offers), and estate planning services through an independent network of attorneys. By the end of the 20th century, it was among the largest mutual insurance companies in the nation. Its home office remains in Owatonna, and it serves customers in 49 states and the District of Columbia, with a regional office in Phoenix, Arizona, and service centers throughout the country.

History

In 1904, a group of farmers and business owners in and around Owatonna, Minnesota, pooled their resources, seeking better value for their premium dollar. In the following decades of consistent growth, Federated expanded to provide property coverage for equipment dealers, auto dealers, petroleum marketers, and contractors throughout the Midwest. By mid-century, it became among the nation's first multiline insurance companies with its expansion into liability coverage. It continued growing, stepping into life insurance; workers compensation coverage; group health insurance (which it no longer offers); and estate planning services (through an independent network of attorneys). By the end of the 20th century, it was among the largest mutual insurance companies in the nation. Its home office remains in Owatonna, a small city nestled in the prairie of southern Minnesota, but it serves customers in 49 states and the District of Columbia, with a regional office in Phoenix, Arizona, and service centers throughout the country.

Products and positioning

Federated Insurance positions itself as a partner providing industry-specific insurance products combined with extensive risk management resources, with the tagline "It's Our Business to Protect Yours."

  • Commercial Property Insurance

    Tailored commercial property insurance policy helps ensure you have the right coverage for your buildings and everything in them, including tools, furniture, inventory, and more.

  • General Liability Insurance

    Take the worry out of running your business with our general liability insurance. Peace of mind comes with properly managing your risks to help avoid causing bodily and property damage to others.

  • Workers’ Compensation Insurance

    A safe work environment is a top priority. But should the unexpected happen, having the right team on your side can help an injured employee get the care they need while helping your business control the cost of claims.

  • Commercial Auto Insurance

    The roads are complex and unpredictable, but your commercial auto insurance doesn’t have to be. You deserve an auto insurance provider that helps you and your employees make it home safely.

  • Commercial Umbrella Insurance

    An unexpected catastrophe could result in large, unforeseen liability expenses for your company. Without commercial umbrella insurance, you would have to pay out-of-pocket costs above your basic policy limits.

  • Errors and Omissions Insurance

    Errors and Omissions (E&O) insurance…

  • Life Insurance

    Help protect your estate with last survivor insurance, and learn how to cover taxes, safeguard assets, and support heirs.

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