Massabni Insurance & Financial, Inc.

Massabni Insurance & Financial is a family owned agency proudly serving the DC Metro area. We are committed to providing excellent customer service through an experienced and licensed professional staff. 

We pride ourselves on providing personal service for all of your insurance needs. Licensed associates are here to assist all your insurance needs. We are located right next to the Prince Georges Plaza Mall, in the Prince Georges Professional Plaza Building next to the BB&T Bank.

We welcome the opportunity to offer you a 2nd opinion on your insurance.

We invite you to become a part of our agency family.

Office Hours

Mon - Fri:  08:00 - 04:00

Saturday & Sunday by appointment

Our Office Location
3311 Toledo Terr Ste B 204

Hyattsville, MD  20782

FEW-0634AO (11/2018)

What is a “Mutual” insurance company?

As a client of the Massabni Insurance Agency you more than likely have one or more policies with Nationwide Mutual Insurance Company.  The word “mutual” has significance.  This means that you and the rest of Nationwide’s policyholders have ownership of Nationwide Insurance.  Did you know that?

This differs from insurance companies that are owned by shareholders.  These are “stock” owned insurance companies.

One major difference between a mutual insurance company and a stock insurance company is that you do not have to own an insurance policy to be a partial owner of a stock insurance company. Acquiring ownership of a stock insurance company is as easy as placing a trade for shares of that company’s stock. On the other hand, if you want to own a portion of a mutual insurance company, you must become a policyholder.

Stock companies are obligated to focus on the wishes and desires of the shareholders, which may not always be in line with what is actually best for the consumers and policyholders of the insurance company.

Each type of company has a Board of Directors.  A stock company’s Board of Directors must answer to the shareholders for its actions and decisions. On the contrary, a mutual company’s Board of Directors represents the policyholders.  To see who the Nationwide Board of Directors are Click Here.