Why It Made the Cut: Amica offers a major bundling discount, high personal liability coverage limits for homeowners, and low deductible options, making it a great option for California residents.
Californians who want to bundle auto and home insurance may want to seriously consider Amica for their insurance needs. It has one of the most generous bundling discounts available in the California market—up to 30 percent—which could represent a major savings opportunity for homeowners and auto owners. In addition, Amica offers deductibles on homeowners insurance policies as low as $500, which could lead to a larger payout if a policyholder needs to file an insurance claim.
Although policyholders may want to keep in mind they’ll have to pay for 2 months’ worth of coverage up front, there are plenty of benefits to make up for that initial expense. For instance, Amica offers high personal liability coverage limits of up to $2 million for homeowners insurance policies. A higher limit like this could be especially appealing to homeowners concerned about paying any damages they may be found liable for, including injuries or property damage to a third party. As such, policyholders who opt for a higher liability limit may have less to worry about with regard to paying medical bills, repair costs, or legal fees out of pocket. Amica customers can also purchase a water backup endorsement—which covers water damage resulting from overflowing water and backed up drains—with coverage of up to $50,000. Having this extended coverage could help homeowners pay for water damage that otherwise would not be covered by a standard homeowners insurance policy.
- Quote process: Phone, agent
- Claims process: Online, phone, agent
- Bundling discount: Up to 30 percent
- Deductibles: $500 to $25,000
- AM Best rating: A+
- Generous home and auto bundle discount up to 30 percent
- High $2 million personal liability coverage available
- High $50,000 water backup coverage available
- Low $500 deductible option
- 2 months’ worth of payment due up front