About Magnum



About Magnum

Chicago Car Insurance Company

In June 1981, the President founded the Magnum. He selected the name Magnum to convey his vision of it becoming the most powerful insurance agency in Chicago.

The Company started with only two people working in a very small rented store on Western Avenue. Almost immediately, Magnum began identifying with the community. By 1986, Magnum concentrated all of it’s efforts to the Hispanic market by offering low cost, full service, auto, life and property insurance with a Spanish-speaking staff.

Magnum is the largest Hispanic insurance agency in the Chicagoland area. From the original two employees on Western Avenue, we now have a staff of over 175 and growing supported by locations in the Chicagoland area, Indiana, and now Michigan!


 


At Magnum Insurance majority of all our business is right here online.
We make policy documents available to our customers online, store documents electronically, and communicate with our policyholders via e-mail.
We estimate that our paperless policyholders experience and electronic document storage saved approximately 1,521 trees since 2001.