This article compares the financial strength, customer service, and complaints against Stillwater Insurance Company. Stillwater Insurance Company has an A-rated financial stability rating and a national complaint index. It also offers personal property replacement cost coverage and a claims-free discount. Read on to learn about the insurance company’s financial strength, customer service, and coverage options. Here are some of the key features to consider:
Stillwater Insurance Company has a national complaint index
The National Association of Insurance Commissioners (NAIC) tracks insurer complaints by state. Each insurer has a score ranging from one to five. One is the average, while five means the least number of complaints. Stillwater, which has been around for less than two decades, has a score of 1.59 on the NAIC complaint index, an improvement from its previous score of 1.44. Its complaint index covers damage to homes, automobiles, and other structures.
The Better Business Bureau (BBB) gives Stillwater an A+ rating. The company offers a variety of discounts, including those for newly acquired homes, marital status, and protective devices. Though the company has received complaints from customers regarding difficult claims and difficult cancellation, customer reviews are generally positive. Stillwater offers all standard insurance coverages, including auto and renters insurance. It even offers umbrella insurance. However, you should be careful when choosing an insurance company based on its national complaint index.
It has an A- rating from A.M. Best in financial stability
The Stillwater Insurance Company is a California-based company that provides a wide range of insurance coverage for your home, auto, and business needs. It has an “A-” rating in financial stability from A.M. Best, one of the leading independent credit rating agencies in the country. The company is also known for providing top-notch service and is a pioneer in insurance technology, making it easy to buy, renew, and use their policies online.
When shopping for insurance, consider the amount of coverage you need. Most policies are tailored to fit your specific needs. Stillwater offers coverage for virtually every type of home and can write a policy for a new home or one that hasn’t been insured. Stillwater also offers multiple discounts for such items as home security systems and accredited builders. A-rated companies have excellent financial stability, so you’re guaranteed a policy that meets your needs.
It offers extended replacement cost and personal property replacement cost coverage
A homeowners insurance policy should protect your most valuable financial assets: your home. In the event of a covered loss, your policy should pay to rebuild your home to its original value. In addition, your personal possessions should be protected with additional living expenses and other coverage, such as medical and legal expenses and food for your guests. Fortunately, Stillwater Insurance Company offers both types of coverage. By taking advantage of these insurance options, you can remain financially whole if a disaster strikes and destroys your home.
A Stillwater Insurance Company has been around for less than two decades, but its personalized service is what makes it stand out from other insurers. The company is available in nearly every state and is known for delivering on its claims. While it doesn’t score highly on third-party rating websites, it has increased its score with the National Association of Insurance Commissioners (NAIC).
It offers a claims-free discount
If you’ve had no claims in the past two years, then you may qualify for a special discount that Stillwater Insurance offers. This discount can help lower the premiums for a wide variety of insurance plans, including homeowners insurance. Stillwater Insurance also offers a claims-free discount for those who’ve been accident-free for five years or more. Other discounts include discounts for homeowners who’ve installed protective devices, have multiple policies, and are a resident of a gated community. If you are married and have one vehicle, then you might qualify for another discount.
One of the best ways to determine the level of protection you’re paying for is to review the coverage options. Stillwater provides many add-ons for homeowners, including replacement cost, animal liability, and identity theft recoupment. Other add-ons include water back-up and a schedule of personal property. There are several other discounts available as well, including good student, good driver, paid-in-full, and theft prevention and safety devices.
It has a competitive price
Stillwater Insurance Company offers a competitive price on insurance for a variety of home types. This company offers full replacement cost policies, with maximum coverage limits for each component. Stillwater also offers a good student discount for students with an average of B+. Lastly, Stillwater offers multiple discounts for good drivers, including a paid-in-full discount for those who pay their premium in full. You can use the Stillwater app to find out what discounts are available for you.
If you’re in the market for an insurance provider that offers competitive pricing, you should check the company’s financial strength. While the company may be smaller, its overall quality is superior. Stillwater Insurance Company is rated by A.M. Best, a highly reliable credit-rating system. Its score tells you how financially responsible the company is. A and B ratings indicate a company’s financial responsibility.