Homeowners of America Reviews

Homeowners of America Insurance Company is a long-standing, well-established company with a solid reputation for competitive rates and low customer complaints. However, this company has some negative aspects that should be kept in mind before making a decision. Read on to find out more about this insurance company.

Homeowners of America Insurance Company is a well-established company

The Homeowners of America Insurance Company is rated ‘A’ by the Better Business Bureau, meaning no major complaints are filed against the company. Its complaint index is also low, at 0.21, which means there are not many complaints. The National Association of Insurance Commissioners also lists the company.

The Homeowners of America Insurance Company was established in Delaware in 2005. Although the company doesn’t write home insurance policies in Delaware, it was ranked among the top 20 insurance companies in Texas as of 2012. The company’s annual review process ensures that its customer policies remain up-to-date and provide the proper coverage for consumers.

It offers competitive rates.

Homeowners Of America offers competitive rates on home insurance. However, the company does not offer scheduled property coverage, green improvements, or customized options. In addition, the company does not serve every state. Farmers is another insurer that provides home insurance in every state and has been in business for over a century.

The company offers a basic package of coverage, including property and liability coverage. The coverage limit varies from $50,000 to $750,000, which should be sufficient for most homeowners. However, if you want a higher limit, you can purchase endorsements. These include identity fraud, increased replacement costs, and entire animal liability coverage. You can also add an increased watch coverage.

Although Homeowners Of America offers competitive rates, they only offer coverage in five states. While this may seem a disadvantage, the company’s affordable rates have helped it increase. In addition, its rates are among the lowest available on the market.

It offers a wide range of coverage options.

Homeowners of America is a relatively new company in the insurance industry. Still, it has already built a solid market reputation for offering top-notch coverage options, competitive rates, and exceptional customer service. The company offers a wide range of standard policies, including dwelling coverage, personal liability, other structures, and add-ons such as medical payments insurance.

The company also offers several discounts. Discounts vary by state. For instance, homeowners in Texas qualify for all five discounts, while those in South Carolina can receive one automatic discount if they have never filed a claim. Other benefits include coverage for pets, identity theft, and equipment breakdown.

Homeowners of America Insurance Company offers a variety of coverage options, including a variety of deductibles. While the company doesn’t offer direct quotes, prospective policyholders in Texas can get quotes from their website. Alternatively, they can contact an independent insurance agent in their area. However, home insurance companies are notorious for underpaying legitimate claims, and homeowners should shop around before deciding on a specific provider.

It has low customer complaints.

According to the Better Business Bureau (BBB), Homeowners Of America has low customer complaints. The company has had 19 closed complaints over the past three years, and only three customers have left reviews. Homeowners of America are also listed by the National Association of Insurance Commissioners (NAIC). HOA has a complaint index of 0.21, meaning there are relatively few complaints. The company also has low ratings from A.M. Best and J.D. Power, but Demotech has rated it.

Homeowners of America’s low customer complaints score indicates its superior customer service. The company receives fewer complaints than most insurance companies. Its complaint rate is lower than the national average, and its customer satisfaction rating is above average. In addition, the company has received an ‘A’ rating from Demotech, Inc., a reputable financial analysis and actuarial consulting firm.