Amica Insurance is a well-known insurance company that has been providing insurance services for over a century. Founded in 1907 in Providence, RI, Amica is the oldest mutual insurance company that is known for superior customer service and financial stability. Amica offers a range of insurance products, including auto, home, and life insurance, to its customers.
Amica has consistently been ranked as one of the top insurance companies in the US. In the Forbes survey, Amica placed in the top 20 in four of seven categories, including auto, home, renters, and permanent life insurance. The independent survey received feedback from more than 16,000 customers on insurance company performance across eight metrics, including overall satisfaction and the likelihood of customers to recommend the company to others. Amica's focus on customer satisfaction is evident in its high rankings in the survey.
Overall, Amica Insurance is a reliable and trustworthy insurance company that has a long-standing reputation for excellent customer service and financial stability. Its range of insurance products and consistent high rankings in independent surveys make it a top choice for consumers looking for insurance coverage.
Amica Insurance has received high ratings and positive reviews from various sources. Here is a summary of some of the ratings and reviews:
J.D. Power: In the 2021 U.S. Insurance Shopping Study, Amica Mutual ranked second-highest among auto insurance providers in overall customer satisfaction. Amica also received the highest score in the website/app factor.
NerdWallet: Amica Auto Insurance received a rating of 4.5 out of 5 stars for overall performance in NerdWallet's 2023 review. The review notes that Amica has fewer customer complaints compared to other companies of its size and has high customer satisfaction ratings.
ConsumerAffairs: Amica Insurance has an overall rating of 4.5 out of 5 stars on ConsumerAffairs based on more than 250 reviews. Customers praise Amica's excellent customer service, quick claims handling, and competitive pricing.
U.S. News: Amica Homeowners Insurance is tied for fifth place in U.S. News' Best Homeowners Insurance Companies of 2023 ratings. Amica is also tied for fifth place in the Cheapest Homeowners Insurance Companies of 2023 ratings.
Based on these ratings and reviews, it is clear that Amica Insurance is a top-performing insurance provider that offers excellent customer service, competitive pricing, and quick claims handling.
Amica Insurance, also known as the Automobile Mutual Insurance Company of America, was founded in Providence, Rhode Island, in 1907 by A.T. Vigneron. Amica was established as a mutual insurance company, which meant that the company was owned by policyholders rather than stockholders.
In its early years, Amica provided automobile insurance coverage to policyholders in Rhode Island and Massachusetts. The company's focus on providing exceptional customer service and financial strength helped it grow in popularity among policyholders.
In 1941, Amica opened its first branch office in Boston, Massachusetts, marking the beginning of its expansion outside of Rhode Island. Over the years, the company continued to expand its product offerings beyond automobile insurance, adding homeowners, personal excess liability, marine, and life insurance products.
Amica's commitment to providing excellent customer service has been recognized by various organizations. For example, J.D. Power has consistently ranked Amica as one of the top insurers in the country for customer satisfaction. Additionally, Amica has received an A+ rating from A.M. Best for its financial strength.
Today, Amica Insurance has over 44 locations nationwide and continues to provide policyholders with personalized insurance coverage and exceptional customer service.
Amica Insurance is a well-known insurance company that offers a wide range of insurance products and services. They provide auto, home, life, and retirement planning insurance options.
Amica offers personalized auto coverage to meet the needs of their customers. They provide a variety of coverage options, including liability, collision, and comprehensive coverage. They also offer several discounts, such as good driver discounts, multi-car discounts, and loyalty discounts.
| City | Average Annual AMICA Auto Insurance Rate |
|---|---|
| Corpus Christi | $2986 |
| Richmond | $2750 |
| Dallas | $2644 |
| El Paso | $2565 |
| Brownsville | $2494 |
| Edinburg | $2494 |
| Corpus Christi | $2488 |
| Houston | $2419 |
| Fort Worth | $2405 |
| Beaumont | $2308 |
| Richmond | $2291 |
| Galveston | $2253 |
| McKinney | $2240 |
| Dallas | $2203 |
| Denton | $2190 |
| Angleton | $2165 |
| El Paso | $2138 |
| Brownsville | $2078 |
| Edinburg | $2078 |
| Houston | $2016 |
| Fort Worth | $2005 |
| Beaumont | $1924 |
| San Antonio | $1918 |
| Conroe | $1917 |
| Galveston | $1878 |
| McKinney | $1868 |
| Denton | $1825 |
| Angleton | $1803 |
| Laredo | $1767 |
| Austin | $1739 |
| Lubbock | $1688 |
| Georgetown | $1664 |
| San Antonio | $1600 |
| Conroe | $1597 |
| Waco | $1481 |
| Laredo | $1472 |
| Austin | $1448 |
| Lubbock | $1408 |
| Georgetown | $1389 |
| Belton | $1280 |
| Waco | $1234 |
| Belton | $1066 |
Amica provides comprehensive home insurance coverage to protect their customers' homes and personal property. Their coverage options include dwelling coverage, personal property coverage, liability coverage, and more. They also offer several discounts, including home security discounts, new home discounts, and loyalty discounts.
| City | Average Annual AMICA Homeowner Insurance Rate |
|---|---|
| Houston | $2272 |
| Dallas | $2496 |
| Fort Worth | $1720 |
| San Antonio | $1815 |
| Austin | $1337 |
| Mckinney | $1650 |
| Edinburg | $2247 |
| El Paso | $1134 |
| Denton | $1601 |
| Richmond | $2245 |
| Conroe | $1494 |
| Georgetown | $1048 |
| Brownsville | $3285 |
| Angleton | $3546 |
| Corpus Christi | $4669 |
| Belton | $995 |
| Galveston | $3660 |
| Lubbock | $1672 |
| Laredo | $1317 |
| Beaumont | $3285 |
| Waco | $1788 |
| City | Average Annual AMICA Condominium Insurance Rate |
|---|---|
| Houston | $1356 |
| Dallas | $1149 |
| Fort Worth | $1198 |
| San Antonio | $1211 |
| Austin | $1011 |
| McKinney | $927 |
| Edinburg | $1553 |
| El Paso | $1360 |
| Denton | $976 |
| Richmond | $1222 |
| Conroe | $1099 |
| Georgetown | $886 |
| Brownsville | $1596 |
| Angleton | $1350 |
| Corpus Christi | $1912 |
| Belton | $980 |
| Galveston | $1639 |
| Lubbock | $1287 |
| Laredo | $924 |
| Beaumont | $1596 |
| Waco | $997 |
| Named Peril | AMICA Basic Form Coverage HO-A (H0-1) | AMICA Broad Form Coverage HO-A+ (HO-2) | AMICA Special Form Coverage HO-B (HO-3) |
| Fire | Yes | Yes | Yes |
| Lightning | Yes | Yes | Yes |
| Riot and Civil Commotion | Yes | Yes | Yes |
| Explosions | Yes | Yes | Yes |
| Wind and Hail | Yes | Yes | Yes |
| Smoke | Yes | Yes | Yes |
| Sprinkler Leak | Yes | Yes | Yes |
| Sinkhole Collapse | Yes | Yes | Yes |
| Volcano | Yes | Yes | Yes |
| Vehicles and Aircraft | Yes | Yes | Yes |
| Vandalism | Yes | Yes | Yes |
| Water Damage | No | Yes | Yes |
| Weight of Snow or Ice/Sleet | No | Yes | Yes |
| Falling Objects | No | Yes | Yes |
| Glass | No | Yes | Yes |
| Collapse | No | Yes | Yes |
| Theft and Burglary | No | No | Yes |
| Full Glass Coverage | No | No | Yes |
| Leaky Roof | No | No | Yes |
| Pretty Much Everything Else* | No | No | Yes |
AMICA may exclude coverage for specific losses. Even the most comprehensive all-risk policy will exclude certain types of loss or damage.
Common exclusions include:HO-C Policies in Texas
While most people find HO-B policies to be sufficient, there is one policy that covers more, the HO-C covers all perils and contents. There are the usual exclusions, but if you have great credit and need additional no-fuss coverage for personal property damages, it may be the way to go.
Amica offers both term and whole life insurance policies to help their customers protect their loved ones. Their term life insurance policies provide coverage for a specific period of time, while their whole life insurance policies provide coverage for the lifetime of the policyholder. They also offer several riders, such as accidental death and dismemberment riders and long-term care riders.
Amica also provides retirement planning services to help their customers plan for their future. They offer several retirement planning options, including annuities, IRAs, and 401(k) plans. They also offer several investment options, such as mutual funds and stocks.
Overall, Amica Insurance provides a wide range of insurance products and services to meet the needs of their customers. They offer personalized coverage options, several discounts, and retirement planning services to help their customers protect their assets and plan for their future.
| City | Average Annual AMICA Renters Insurance Rate |
|---|---|
| Houston | $273 |
| Dallas | $220 |
| Fort Worth | $220 |
| San Antonio | $337 |
| Austin | $207 |
| McKinney | $186 |
| Edinburg | $287 |
| El Paso | $301 |
| Denton | $186 |
| Richmond | $207 |
| Conroe | $220 |
| Georgetown | $186 |
| Brownsville | $186 |
| Angleton | $220 |
| Corpus Christi | $220 |
| Belton | $186 |
| Galveston | $220 |
| Lubbock | $282 |
| Laredo | $186 |
| Beaumont | $186 |
| Waco | $207 |
Amica Insurance is known for its excellent customer service. The company offers a variety of options for customers to get in touch with them, including phone, email, and live chat. They also have local offices that customers can visit in person.
Amica Insurance has a straightforward claims process. Customers can file a claim online, over the phone, or through the Amica app. Once the claim is filed, a claims adjuster will be assigned to the case. The adjuster will then work with the customer to assess the damage and determine the appropriate course of action.
Amica Insurance also offers a direct repair program, which allows customers to have their vehicles repaired at a network of pre-approved shops. This can help streamline the claims process and get customers back on the road faster.
Customers have consistently praised Amica Insurance for their excellent customer service. Many customers have noted that the company's representatives are knowledgeable, friendly, and responsive. Additionally, Amica Insurance has received high marks for their claims handling process.
However, some customers have noted that Amica Insurance's premiums can be higher than those of other insurance companies. It's important for customers to compare rates and coverage options before making a decision.
Overall, Amica Insurance's customer service is one of the company's strongest attributes. Their claims process is straightforward, and customers have consistently praised the company's representatives for their knowledge and responsiveness.
Amica Insurance has a strong financial position, which is an important factor to consider when choosing an insurance provider. In this section, we will explore the financial stability of Amica Insurance.
As of December 31, 2021, Amica Insurance had assets worth $5.8 billion and policy counts of 1.4 million. These figures indicate that Amica is a financially stable and reliable insurance provider.
Amica Insurance is rated A+ (Superior) by A.M. Best, which is one of the most respected insurance rating agencies in the world. This rating reflects Amica's strong financial position and its ability to meet its financial obligations to policyholders.
In addition to its strong financial position, Amica Insurance has a long history of financial stability. The company has been in business for over 100 years and has weathered many economic downturns and financial crises. This track record of stability is a testament to Amica's financial strength and its commitment to providing reliable insurance coverage to its policyholders.
Overall, Amica Insurance's financial strength is a key reason why it is a popular choice among consumers looking for a reliable and stable insurance provider.
Amica Insurance is a company that is committed to giving back to the community. They have several initiatives that are aimed at making a positive impact on the lives of people in the communities they serve. Here are some of the ways Amica Insurance is involved in the community:
Amica Companies Foundation provides support to programs that align with their charitable giving mission statement. These programs may fall under the following categories: Basic needs and community development, education, health, arts and culture, and community and public affairs. The foundation generally does not provide support to political organizations or campaigns, religious organizations, or individuals.
Amica is proud to partner with Mothers Against Drunk Driving (MADD) to support its Power of You(th) program. As an insurance company, Amica sees firsthand the importance of safe driving practices. The Power of You(th) program is aimed at educating young drivers about the dangers of drunk driving and empowering them to make responsible decisions behind the wheel.
Amica encourages its employees to give back to the community through volunteerism. The company has a Volunteer Time Off (VTO) program that allows employees to take paid time off to volunteer at nonprofit organizations. In addition, Amica has a Dollars for Doers program that provides financial support to nonprofit organizations where employees volunteer their time.
Amica Insurance is committed to helping communities recover from natural disasters. The company has a Disaster Response Team that is trained to provide assistance to customers and communities affected by natural disasters. The team provides emergency supplies, temporary housing, and other support to help people get back on their feet after a disaster.
Overall, Amica Insurance is a company that is dedicated to making a positive impact on the communities they serve. Through charitable giving, partnerships, volunteerism, and disaster response, Amica is committed to being a responsible corporate citizen.
