Business Profile: Menath Insurance Family Owned for 40+ Years
January 4, 2022 | Kayla Anderson
Founded in 1981 by Mike Menath, Menath Insurance has grown to be one of the most trusted and respectable insurance companies in the Lake Tahoe area.
Having a “passion for protection,” Menath provides its clients with all kinds of insurance and are happy to be able to help their clients in times when they need it the most. And being 40 years in business with offices in Incline Village, Reno, South Lake Tahoe, and Susanville, the Menath family shows no signs of slowing down.
Scott got hooked on the insurance business after moving to San Diego and getting a job with an insurance company after college to “dip his toe in the water” as he says. He found that he loved it and moved back to Incline Village to collaborate with his dad.
While running an insurance company in Lake Tahoe can be challenging (mainly insuring those in wildfire risk areas), Scott is determined to give insurance companies a better name; his favorite part is helping people get back on their feet. And after seeing the response to the recent Caldor Fire, Scott has full faith that Lake Tahoe is one of the best places to be in times when disaster strikes.
“There’s an intrinsic value for Tahoe that can be underwritten for. In this last fire, departments from all over the country came to save this place, it’s the jewel of the West. Tahoe is so responsive…if you look at the numbers, there’s zero change in risk in the last 30-40 years. I’m incredibly grateful for everything the fire departments have done for our communities,” Scott says.
Although his dad Mike stepped back from the day-to-day operations in June 2021, he is still active with local fire boards to help keep people insured in this area.
“I’m in a business when I see people at their worst and nothing makes me more pleased than to give them a check and help them rebuild. It’s part of an effort to give insurance a better name in the industry,” he says.