Universal Property & Casualty Review: Homeowners Insurance

Universal Property & Casualty Review: Homeowners Insurance

Universal Property & Casualty Insurance Company (UPCIC) has been a major insurer of homes and residential dwellings in Brevard, Florida

In the last few years expanded to offer homeowners & other property insurance through independent insurance agents in other states, including Alabama, Delaware, Georgia, Hawaii, Indiana (starting in 2015), Maryland, Massachusetts, Michigan, Minnesota, New Hampshire (approved as of Dec. 2015), North Carolina, Pennsylvania (first policy in the Keystone State sold in 2015), South Carolina, Virginia (authorized in the state as of July 2015), West Virginia, and now New Jersey & New York (authorized in these states as of March 2016), with plans to expand to more states in the future. I previously wrote a review of Universal Property & Casualty Insurance Company’s Florida complaint record, so the purpose of this review is for people considering or insuring with UPCIC in states other than Florida.

If our independent insurance agents recommend you buy property insurance from Universal Property & Casualty Insurance Company, the information in this review can help you decide if UPCIC is right for you. I’ll review the AM Best or Demotech financial strength ratings, JD Power customer satisfaction ratings, and Better Business Bureau ratings for Universal Property & Casualty Insurance Company, including its home insurance complaint record from all states over the last six years.

This review summary will give you our opinion if Universal Property & Casualty Insurance Company is performing better than average, average, or worse than average, compared to its competitors. The wise insurance buyer shops for the best combination of coverage, price, and service, so be sure to use the ad below this paragraph (or the ad at the end of this review) to get price quotes from multiple insurance companies and find the best insurance company for you.

Universal Property & Casualty Insurance Company Review: Ratings & Brevard, FL Home Insurance

How good is Universal Property & Casualty Insurance Company? Who do you contact for a price quote? Today I’ll provide you with information about Universal Property & Casualty Insurance Company to help you decide if they are the best property insurance company for you.

Universal Property & Casualty Insurance Company (UPCIC), a subsidiary of Universal Insurance Holding Company, is one of the three largest property insurance companies now selling homeowners insurance in Florida. In late November 2011, UPCIC started selling home insurance in Georgia, and is selling home insurance in Indiana as of January 2015. For those people not living in Florida wanting information about Universal Property & Casualty Insurance Company, please read my new Universal Property & Casualty Insurance Company review for Universal Property & Casualty Insurance Company for states other than Florida.

Universal Property & Casualty Insurance Company is now licensed to offer property insurance in 10 states: Delaware, Florida, Georgia, Hawaii, Indiana, Maryland, Massachusetts, North Carolina, Pennsylvania and South Carolina.. UPCIC sells renters insurance, dwelling insurance, condo insurance, & home insurance through a network of local independent insurance agents. You can find an agency close to you through the UPCIC website, or by clicking a UPCIC ad on this blog post.

It is important for property owners having homes in areas at greater risk for hurricane & storm damage, to know all their insurance company options for insuring their properties, since many insurance companies will not insure in these areas.

For high value residential properties in Brevard Florida, Universal Insurance Holdings Company, has a separate subsidiary company, called American Platinum Property & Casualty Insurance Company, for Florida homes needing more than one million dollars of coverage.

Universal Property & Casualty Insurance Company has a small market share of the homeowners insurance market nationally, so it is not included in JD Power’s National Homeowners insurance study, and I have not listed information about it on my website.


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