Oxford Life Insurance Company Upgraded by A.M. Best

RENO, Nev. (April 30, 2012)--AMERCO (Nasdaq: UHAL) announced today A. M. Best, the world's oldest and most authoritative insurance rating and information source, has revised its outlook to positive from stable and affirmed the financial strength rating of B++ (Very Good) of its subsidiary Oxford Life Insurance Company (Oxford Life). This rating also applies to Oxford Life’s three life insurance subsidiaries; Christian Fidelity Life Insurance Company, North American Insurance Company and Dallas General Life Insurance Company.

Address

1325 Airmotive Way
Suite 100
Reno, Nevada 89502

Phone

Director of I.R.
Jennifer Flachman
(602) 263-6601

Email

investor_relations@amerco.com

Certain of the statements made on this Web site regarding our business constitute forward-looking statements contemplated under the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those anticipated as a result of various risks and uncertainties. Readers are cautioned not to place undue reliance on these forward-looking statements that speak only as of the date hereof. The Company undertakes no obligation to publish revised forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events, except as required by law.