First Acceptance Corporation specializes in automotive insurance. The company offers policies with lower down payments than many of its competitors. First Acceptance Corporation was created in 2003 when Libert Investors and USAuto Holdings, the parent company for USAuto Insurance Company and Village Auto Insurance Company, entered into a merger agreement. The company features non-standard coverage for private passengers. It delivers products through more than 330 retail offices in 10-plus states. First Acceptance Corporation is headquartered in Nashville, Tenn. The company is publicly traded and listed on the New York Stock Exchange under the symbol FAC.