Amica Insurance Review 2021 Updates: Auto, Home & Renters Insurance

Have you heard of Amica Insurance? If you are looking for an insurance company with a great customer service experience and low rates, Amica is your option. Amica doesn’t offer the most unique discounts, but it offers a high number of common discounts for customers, particularly for car insurance.

Amica was the first company in the U.S. to offer auto insurance policies, with roots stretching all the way back to 1907.

The company is still a leading auto insurance provider and also offers homeowners insurance, renters insurance, life insurance, boat insurance, motorcycle insurance, umbrella insurance, and retirement investment products.

What is Amica?

Amica insuranceAmica’s official name is Amica Mutual Insurance Company. However, the company was founded in 1907 by A.T. Vigneron in Providence, R.I.

At the time, the company was called American Mutual Insurance Company of America. Fun fact: Amica’s current name is an acronym that is derived from its original name.

In the company’s formative years, it offered auto, theft, and fire insurance. Furthermore, Amica grew steadily, opening separate branches in Boston and expanding into life and homeowners insurance.

Even more, in 1994, the business moved to its current headquarters in Lincoln, R.I.

While Amica certainly doesn’t have the marketing budget that some of its more well-known competitors have—like Nationwide, Farmers, and Allstate—they do have over 3,000 employees operating out of 44 branch offices across the country.

Also, they have a very good reputation for customer satisfaction (according to JD Power).

Pros and Cons of Amica Insurance

Pros

• Top-rated customer service and customer satisfaction
• Amica also offers some unique features, like dividend policies, that others don’t
• Numerous discounts and features on auto and home insurance policies
• Additionally, with 24/7 customer support

Cons

• Rumor has it that high-risk drivers might not get approved for a policy
• It also might not be the cheapest insurance company out there

Amica Auto Insurance

As the oldest mutual insurer of automobiles in the U.S., Amica has been providing car insurance to drivers for over a century. Even more, car insurance from Amica includes basic bodily injury and property damage liability coverage to meet state requirements.

Also, the provider offers a selection of additional coverage options to help cover damages to you, your passengers or your vehicle.

Ways To Get Amica Car Insurance Discounts:

• Loyalty Discount: You will be eligible for a lower rate on your policy after you’ve been insured with Amica for two years.
• Multi-Line Discount: This is also known as a bundling discount. If you have more than one policy with Amica (for example, homeowners and auto) you can save up to 15%.
• Claim-Free Discount: If you go three years without making a claim, you can get a discount.
• Multiple Auto Discount: Policyholders who have more than one vehicle on their plan can save up to 25%.
• Legacy (Family) Discount: If you’re under 30 and your parents have been customers of Amica for at least five years, you might qualify for a discount.
• Home Ownership Discount: If you own a home, you might be eligible for a discount.
• Paid in Full Discount: Paying your policy in full before the due date will save you some cash, too.
• AutoPay Discount: Customers who sign up for automatic payments can get a lower rate.
• E-discount: Signing up for paperless statements and electronic billing also gets you a discount.

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Amica Home Insurance

Amica’s homeowner’s insurance policies offer coverage for your dwelling, personal property, loss of use, other structures, and personal liability.

However, if you’re looking for extra peace of mind, Amica home insurance offers numerous add-on options.

Amica Home Insurance Optional Add-Ons:

• Dwelling Replacement Coverage: Amica will cover the cost to rebuild or repair your home, even if that cost is up to 30% over your policy limit.
• Valuable Items Coverage: Homeowners can protect their high-value items, like watches, jewelry, and fine artwork with this plan.
• Personal Property Replacement Coverage: This option covers the full replacement cost of your personal items, wherever you’re traveling.
• Identity Fraud Expense Coverage: If you experience identity theft, Amica will help you put the pieces back together and reimburse you for any losses you incur.
• Home Business Coverage: If you work from home, your business equipment will be covered in the event of loss or damage. You’ll also get work-related liability insurance.
• Catastrophic Coverages: If your home is destroyed or damaged by an earthquake or flood, for example, you’ll be covered (after meeting your deductible).
• Home Insurance Dividend Policy: This option pays you back up to 20% of your annual home insurance premium in the form of dividends. The goal is to achieve a lower total policy cost. You can choose to either cash out your dividends or apply them toward future coverage.
• Platinum Choice Home Coverage: Homeowners who want maximum protection might consider this plan, which includes additional coverage in the event of a water or sump pump overflow. It also includes some of the features I mentioned above, like valuable items coverage, business coverage, and extended liability coverage.

Amica Renters Insurance

If you haven’t purchased a home yet, Amica can still help you protect your space. You can insure all of the personal property you store in your apartment (and take with you into the world) and cover your personal liability with renters insurance.

Amica’s standard policies also include loss of use coverage, which can help with expenses like hotel and restaurant costs if your rental becomes uninhabitable as the result of a covered cause.

Additionally, Amica renters insurance policies can include coverage like:

• Full personal property replacement coverage
• Protection for smart devices and laptops
• Additional personal property coverage (i.e., scheduled coverage) for high-value items
• Identity fraud protection

Additional Policies Offered by Amica

Amica offers a variety of additional policies, including these coverages:

• Life
• Condo
• Marine
• Motorcycle
• Umbrella
• Small business
• Weddings and events
• Flood

Amica also offers retirement products like annuities and IRAs.

Reasons Amica is a Great Option

Amica is a great insurance option due to its commitment to customer satisfaction and great coverage options. If you’ve been looking for top-tier claims servicing and coverage options, look to Amica Insurance Company. Its also triumph in the two major J.D. Power insurance studies showcases its quality customer service.

Also, your Amica insurance quote is based on individual factors, like your vehicle and driving history for auto insurance and your home’s location and age for home insurance. Get a quote online or over the phone to see what your personalized policy or policies will cost.

Amica also features an app for home, auto and renters insurance that allows you to take claims pictures and track claims status.

However, insurance policies from Amica are best suited for people looking for excellent service along with their personalized policies. Bundle your home or renters and auto insurance together to see savings, and don’t forget to ask your Amica agent about discounts.

FAQs

1. Is Amica a Good Company to Work For?

I haven’t worked at Amica myself, but I’m seeing some decent overall workplace ratings. The company has 3.8 stars on Indeed but only 3.1 stars on Glassdoor. If you’re considering working there, make sure to do your due diligence and maybe even ask some current employees if they are happy. The last thing you want to do is get stuck at a job that you don’t like.

2. What other property insurance does Amica Home Insurance offer?

Amica also offers insurance for renters and condo owners, as well as car, boat, and motorcycle owners, umbrella coverage, wedding and event insurance and small business insurance. The company offers a discount of up to 15% if you bundle several types of insurance—such as home and auto.

3. Does Amica Insurance Have Local Agents?

Yes. Amica has local agents in all 50 states within the U.S. Search for an agent near you.

Bottom Line

Amica’s customer satisfaction proves that you probably can’t go wrong by getting your car or home insurance through Amica. However, the company offers a wide range of services and discount options, along with 24/7 customer support.

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