Amica Mutual–Overall Gold Medal Winner
With 44 offices spread across the country, Amica Mutual is one of the oldest mutual insurance companies in the United States. In addition to it’s impressive coverage options, it also got perfect rankings in JD Power’s 2015 home insurance study–making it our top choice for condo insurance.
JD Power Study
While this study was specifically targeted towards home insurance, the two products are so similar that a perfect score in home insurance is a good indication of its performance in the condo insurance industry as well. JD Power uses customer insight analysis to be the voice of the consumer. Here is Amica Mutual fared:
Amica’s Coverage Options
If you own a condo, chances are your condo association will insure the building itself, and any external areas on the property. With condo insurance–your interior walls, your belongings in your apartment, your assets are protected. Similar to renters insurance, it also includes medical liability in case someone is injured while visiting. Here are added coverages that Amica Mutual offers that deserve a shoutout:
- Increased living expenses provided if your condo is unlivable after an incident covered by your policy.
- Credit card loss with reimbursements
- $1,000 automatic coverage for any damages incurred involving the associations property.
- Protect your computer, iPhone, and other handheld devices with its unique computer coverage.
Erie Insurance: Honorary Mention
Erie’s ErieSecure Tenant Policy, helped it win highest honors in JD Power’s 2015 Renters Insurance Study. Condo insurance is most similar to renters insurance–so we believe it would apply to condo’s as well.
Here is how Erie scored:.