Amica Home Insurance Review 2023: Is It Right for You? - NerdWallet (2023)

Amica Home Insurance Review 2023: Is It Right for You? - NerdWallet (1)



NerdWallet rating

Well-established insurer known for great customer service.

Coverage options

About average


Average set of discounts

NAIC complaints

Far fewer than expected

Amica Home Insurance Review 2023: Is It Right for You? - NerdWallet (2)



NerdWallet rating

(Video) Amica Insurance || Honest Amica Insurance Reviews 2021 || Amica Insurance Explained

Well-established insurer known for great customer service.

Coverage options

About average


Average set of discounts

NAIC complaints

Far fewer than expected

Amica boasts high customer satisfaction and a variety of coverage options that make it one of NerdWallet’s top home insurance providers. Amica also offers discounts for things like paperless billing and automatic payments, which can be relatively easy to obtain.

How we rate homeowners insurance companies

Our star ratings are based on consumer complaint data from the National Association of Insurance Commissioners; financial strength grades from AM Best; coverage and discounts available; and the overall consumer experience. See our criteria for evaluating home insurance companies.

Why you can trust NerdWallet

Our writers and editors follow strict editorial guidelines that ensure fairness and accuracy in order to help you choose the financial products that work best for you. Here is a list of our partners and here’s how we make money.

(Video) Amica vs Progressive, Who is the better insurance company

Amica home insurance star rating


NerdWallet rating

Amica home insurance earned 4.5 out of 5 stars for overall performance. NerdWallet’s ratings are determined by our editorial team. The homeowners insurance scoring formula takes into account policy coverage options and discounts, ease of filing a claim, website transparency, the financial strength of the company, complaint data from the National Association of Insurance Commissioners and more.

Based on these ratings, Amica is among NerdWallet’s Best Home Insurance Companies for 2023.

State availability

Amica homeowners insurance is available in Washington, D.C., and all states except Alaska and Hawaii.

Amica home insurance coverage

You can customize your homeowners policy with numerous add-ons, but below are the types of coverage that generally come standard:

Type of coverage

What it does


Pays to repair or rebuild the structure of your home.

Other structures

Covers damage to unattached structures such as a shed or fence.

Personal property

Pays to repair or replace personal belongings such as furniture or clothing.

Loss of use

Pays for hotel stays, restaurant meals or other expenses if you have to live elsewhere while your home undergoes covered repairs.

Personal liability

Covers legal expenses and damages if you're responsible for injuries to other people or their property.

Medical payments

Covers injuries to guests in your home, regardless of fault.

For more details, see What Does Homeowners Insurance Cover?

Amica also has several types of coverage you can add on to a standard policy, including:

  • Dwelling replacement that pays up to 30% above your coverage limit to rebuild or repair your home.

  • Personal property replacement to cover the cost of replacing personal items with brand-new versions.

  • Water backup/sump overflow to pay for damage from backed-up drains or failing sump pumps.

  • Special computer coverage that pays for a broader variety of damage to computers and smart devices.

  • Identity fraud expense for credit monitoring and costs associated with restoring a stolen identity.

  • Home business coverage for equipment and liability concerns that arise when running a business from your house.

Amica offers an upgraded homeowners policy called Platinum Choice, which adds several other types of coverage to the standard policy. Platinum Choice comes with higher liability and medical payment limits and more coverage for valuable items such as jewelry and computers. It also includes some of the add-ons listed above, such as dwelling replacement, personal property replacement and water backup coverage.

In some states, Amica also offers dividend policies. These offer the same coverage as traditional policies but require a higher premium. In return, dividend policies can refund money to you at the end of your policy period if the company has performed well. The amount is typically 5% to 20% of the policy's annual premium.


Depending on where you live, you may be able to get a discount for:

  • Staying with an insurer for at least two years.

  • Bundling your homeowners policy with another type of insurance such as auto.

  • Not filing a claim for at least three years.

    (Video) Amica Insurance Review

  • Enrolling in autopay.

  • Receiving policy documents electronically.

  • Insuring a new or recently remodeled home.

  • Installing certain safety and security devices such as burglar alarms or sprinkler systems.

  • Having smart-home devices to monitor things like water leaks, smoke, temperature and home security.

Consumer complaints

Amica had far fewer than the expected number of home insurance complaints to state regulators relative to its size, according to three years’ worth of data from the National Association of Insurance Commissioners. (NAIC home insurance complaints also cover other home policy types, including mobile home, renters and condo insurance.)

Consumer experience

Website: You can start a home insurance quote on Amica's website, though you’ll need to finish the purchasing process by phone. Amica also offers customers the ability to file and track a claim online. The site includes a unique feature called Contractor Connection, which matches customers with home improvement specialists vetted by Amica.

App: Amica has two apps that homeowners may find useful. You can use the general Amica app to view bills and policies, make payments, file and track a claim, and contact a representative.

Meanwhile, the Home Check by Amica app lets you create an inventory of your belongings and schedule reminders for home maintenance tasks.

Claims: Amica offers several ways to file a claim: over the phone, through its website or using its app. Amica recommends taking pictures of any damage before you start making repairs. For more advice, see how to file a home insurance claim.

Customer service: Amica offers customer support via live chat, phone (800-242-6422) and email. You can even search for a local office to visit in person.

Where Amica stands out

Customer satisfaction. Amica ranked No. 1 for customer satisfaction in J.D. Power’s 2022 home insurance study. It also draws very few consumer complaints for a company of its size.

Home maintenance app. Amica’s Home Check app aims to help you prevent claims through regular maintenance.

Where Amica falls short

No availability in Alaska or Hawaii. Homeowners in these states will need to seek other options.

» MORE: Amica renters insurance review

Amica vs. competitors

Amica vs. State Farm home insurance

The biggest difference between Amica and State Farm is how they cover the structure of your home. State Farm generally includes extended replacement cost coverage with its standard policies, which means it’ll add a little extra to your dwelling coverage limit in case it costs more than expected to rebuild your home after a disaster. Amica includes this coverage in its Platinum Choice package, but it’s an optional add-on for its standard policies.

Both State Farm and Amica encourage the use of certain smart-home technology. State Farm offers a free Ting device, which monitors your electrical system, to policyholders in many states. Meanwhile, Amica offers discounts on some devices and will lower your homeowners premium in many states if you install smart-home technology.

Check out our State Farm home insurance review for more details.

Amica vs. Geico home insurance

The primary difference between Amica and Geico home insurance is that Amica sells its own policies, while Geico works with third parties. Geico will pair you with a company of its choosing, and you’ll have to contact that insurer directly if you ever need to file a claim.

Geico offers limited coverage details on its website, since your options will depend on which insurer you’re matched with. But Amica describes its standard and Platinum Choice policies in some detail, enabling you to decide whether either one would be a good fit.

Learn more with our Geico home insurance review.

Is Amica home insurance right for you?

If you value good customer service from a well-established insurer, Amica might be a good fit for you. Amica is also ideal for those looking to equip their homes with smart devices; the company will lower your premium in many states and even offer discounts on some of the devices.

» MORE: Smart-home devices could save you money on home insurance

Other home insurance companies to consider

Not ready to make a decision? You may be interested in these other homeowners insurance companies:

  • Allstate: Large insurer with lots of ways to customize your policy.

  • Nationwide: For shoppers seeking a wide variety of coverage options.

  • Openly: Premium coverage for high-end homes.

    (Video) Year in Review: Homeowners Insurance

  • Travelers: Solid option offering perks for eco-conscious homeowners.

Frequently asked questions

What other types of insurance does Amica offer?

Amica offers several insurance products, including auto, life, umbrella and marine. Learn more in our Amica auto insurance review.

Where can I get an Amica home insurance quote?

Quotes are available through Amica's website or by phone.

Can I bundle Amica insurance policies?

Yes, Amica offers as much as a 30% discount for bundling home, auto, condo, renters, life or umbrella policies.

(Video) How to Compare Auto and Home Insurance Quotes


Is Amica good at paying claims? ›

Amica ranked better than most other companies for both auto insurance shopping and auto insurance claims customer satisfaction, ranking #3 and #1 respectively on J.D. Power's 2022 auto insurance studies.

Which home insurance company has the highest customer satisfaction? ›

Best Overall: USAA

It swept the competition in The Zebra's customer satisfaction survey, securing first place in every category. With nationwide availability and a decades-long history, USAA is trusted by many homeowners policyholders.

Is Amica a legit company? ›

About Amica

5 in our Best Homeowners Insurance Companies of 2023 ratings, tied with American Family Insurance. It is also No. 5 in our Cheapest Homeowners Insurance Companies of 2023 ratings. Based in Rhode Island, Amica started in 1907 as the Automobile Mutual Insurance Company of America.

Is Amica home insurance expensive? ›

In general, Amica home insurance is not expensive — its average monthly rate of $146 is 8% cheaper than the national average. However, how much you pay for home insurance with Amica will vary greatly depending on your home, dwelling coverage limit, where you live, claims history, and other factors.

How does Amica compare to other insurance companies? ›

Auto insurance takeaway: Amica's rates for car insurance are on the high side, with prices far higher than we found at Geico, Progressive or Allstate. But its service is very highly rated by drivers. Home insurance takeaway: Amica's home insurance prices are about average, but its claims service is well-rated overall.

Who is Amica owned by? ›

Amica is a mutual insurance company, meaning it is owned entirely by its policyholders. Amica policyholders get coverage without a large markup for profits, and they share in the earnings from investments and premiums by receiving dividends. Amica is the oldest mutual insurer of cars in the United States.

What is the 80% rule in homeowners insurance? ›

Most insurance companies require homeowners to purchase replacement cost coverage worth at least 80% of their home's replacement cost in order to receive full coverage.

What is the most trusted insurance company? ›

  • USAA. 4.3. U.S. News Rating. USAA is the best insurance company in our ratings. ...
  • State Farm. 4.2. U.S. News Rating. ...
  • Farmers. 4.1. U.S. News Rating. ...
  • Nationwide. 4.1. U.S. News Rating. ...
  • Geico. 4.1. U.S. News Rating. ...
  • Allstate. 4.0. U.S. News Rating. ...
  • Travelers. 4.0. U.S. News Rating. ...
  • Progressive. 3.9. U.S. News Rating.
Feb 1, 2023

What is the World No 1 insurance company? ›

Berkshire Hathaway

How long has Amica been in business? ›

Amica was founded in 1907, and although it's not the largest insurance company in the country, it does carry 1.6 million policies. It sells more than a dozen insurance products and has great third-party ratings for customer satisfaction and financial strength.

Does Amica cover hail damage? ›

Covers damage to your car that isn't a result of a collision with another vehicle or object. This can cover damage from: Fire. Hail, hurricanes and fallen trees.

What states does Amica cover? ›

Amica offers coverage in 49 states plus the District of Columbia—they do business in all states except for Hawaii. You can find a local office near you using Amica's search tool, or by calling their phone line at 800-242-6422.

What is the most expensive home insurance? ›

The average cost of homeowners insurance nationwide is $2,777 a year, but rates vary by state. Oklahoma is the most expensive state for home insurance at $5,317 a year, while Hawaii has the lowest home insurance rates, averaging $582 a year.

Where is home insurance most expensive? ›

In 2023, the average homeowner spends $1,428 on homeowners insurance per year for a policy with $250,000 in dwelling coverage. On average, the most expensive states for homeowners insurance in 2023 are Oklahoma, Kansas and Nebraska, while the least expensive states are Hawaii, Vermont and Delaware.

How much does Amica insurance cost? ›

Amica car insurance cost

According to our research, the average cost of car insurance in 2023 for a full coverage policy is $2,014 per year. A minimum coverage policy is $622 per year. For comparison, Amica car insurance averages $1,467 and $429, respectively.

Who is the top five insurance company? ›

State Farm is the number one auto insurer in the U.S., followed by Geico, Progressive, Allstate and USAA. State Farm has a market share of 16% for car insurance, and the company sells policies online as well as through agents across the country.

Which insurance companies have the best financial rating? ›

Companies with the very best ratings include Geico, State Farm, Mass Mutual and New York Life; they all have the highest possible rating of A++.

What are the top 5 insurance rating agencies? ›

Five independent agencies—A.M. Best, Fitch, Kroll Bond Rating Agency (KBRA), Moody's and Standard & Poor's—rate the financial strength of insurance companies. Each has its own rating scale, its own rating standards, its own population of rated companies, and its own distribution of companies across its scale.

What is Amica known for? ›

Company Profile: Amica is a direct writer of personal insurance with auto, homeowners, personal excess liability and marine coverages. The company is known in the insurance industry for its financial strength and exceptional customer service.

How big is Amica company? ›

Amica Insurance revenue is $5.4B annually. After extensive research and analysis, Zippia's data science team found the following key financial metrics. Amica Insurance has 3,781 employees, and the revenue per employee ratio is $1,428,193. Amica Insurance peak revenue was $5.4B in 2021.

How old is amica insurance? ›

Amica Mutual Insurance
HeadquartersLincoln, Rhode Island, United States
Key peopleRobert A. DiMuccio, Chairman, President and CEO
Number of employees3,781 (2019)
3 more rows

Should you have a high deductible on homeowners insurance? ›

It's generally a good idea to select a homeowners insurance deductible of at least $1,000. While this means that you'd have to pay $1,000 to file a claim, having a higher homeowners insurance deductible reduces your rates — often by a significant amount.

How often does a house need to be checked for insurance purposes? ›

In order to minimize the risk, insurance companies often require a home to be checked in on every 48-72 hours. The exact period of time varies by insurer, so be sure you know what your home insurance policy requires. Want to know all about home insurance quote? don't miss our full guide for home insurance.

How can I improve my home insurance coverage? ›

4 Tips for Increasing Your Home Insurance
  1. Increase your deductible. Boosting your deductible means paying more out of pocket for claims; however, you enjoy lower monthly premiums.
  2. Cut coverage on other property. ...
  3. Bundle coverages. ...
  4. Shop and compare rates.
Apr 1, 2022

What insurance companies do not want you to know? ›

11 things car insurance companies don't want you to know
  • Your car insurance may not be tied to the driver.
  • The type of car you drive matters.
  • Prior claims and questions raise rates.
  • You can check your report for errors.
  • Your credit score impacts your car insurance costs.
  • Where you live impacts your premium account.
Nov 2, 2019

What are the big 3 insurance companies? ›

By assets
RankCompanyTotal assets (US$ Billion)
3Prudential Financial940.7
4Ping An Insurance883.9
21 more rows

How do I find my insurance company's A.M. Best rating? ›

For the latest Best Ratings and Best Company Reports, visit the A.M. Best web site at (or call 908/439-2200, ext. 5742). There is no charge for this service because Best bills the rated insurance companies.

Who is the largest insurance broker in USA? ›

Marsh McLennan is the biggest insurance broker in the U.S. by revenue. 1 It is headquartered in New York City.

Which insurance is most important and why? ›

Health insurance

Health insurance is the single most important type of insurance you'll ever buy. That's because if you don't have health insurance and something goes wrong, it's not just your money at risk -- it's your life.

Who is the leading insurance company in the US? ›

State Farm is the largest property and casualty insurance in the United States, with more than $70 billion in premiums in 2021.

What is the oldest insurance company in America? ›

1752 The Philadelphia Contributionship for the Insurance of Houses from Loss by Fire, the oldest insurance carrier in continuous operation in the United States, was established. 1759 Presbyterian Ministers Fund, the first life insurance company in the United States, was founded.

Does Amica report to credit? ›

Does the use of insurance scores affect my credit rating? There is no effect on your credit rating when Amica makes an inquiry into your credit history. However, the inquiry will be present on your credit report, should you choose to obtain one.

Does Amica have local agents? ›

Direct Contact. Amica does not use agents to sell its insurance products. Whether you contact Amica by telephone, email, or U.S. mail, you will have direct contact with an Amica representative.

What is the best homeowners insurance for seniors? ›

The Best Home Insurance Plans for Seniors in 2022
  • AARP - Best premiums.
  • Allstate - Best coverage options.
  • State Farm - Best for renters.
  • Nationwide - Best damaged items reimbursement.
  • Lemonade - Best application process.
Jun 14, 2022

What are the most common home insurance claims? ›

Wind and hail are the most common reasons for homeowners insurance claims, accounting for 45.5% of claims filed in 2020. Other common claims include fire, water damage, theft and injury.

Does Amica have wind and hail deductible? ›

Amica does not offer a separate deductible for wind or hail losses, but it does let you choose from a wide range of deductible amounts, from $500 up to $25,000.

Who is the largest home insurer in Florida? ›

Largest home insurance companies by state
StateLargest insurer
FloridaUniversal Insurance Holdings
IdahoLiberty Mutual
7 more rows
6 days ago

Why Texas home insurance is so expensive? ›

In the Lone Star State, the average cost to insure a home is currently north of $3,600. That's up from $3,400 last year. VinZant says there are three factors fueling this trend: Inflation, home prices going up, and the abundance of natural disasters hitting recently.

What does Amica cover? ›

Acima offers lease-to-own financing for furniture, appliances, outdoor goods, eyewear, jewelry and more. Since the company considers more than credit scores when you apply for a loan, it might be a good fit if you have bad credit or no credit history.

What is a good monthly payment for home insurance? ›

Home insurance costs an average of $126 per month in the United States, but prices vary significantly by state. The average cost of home insurance ranges from $57 to $242 per month, depending on which state you live in.

What are the 3 biggest factors in determining the cost for homeowners insurance? ›

Factors like where you live, your home's replacement cost, and your policy deductible generally affect your home insurance premiums the most.

Which insurance company is best for claim settlement? ›

Max Life Insurance has the highest claim settlement ratio in terms of the number of claims with 99.34 per cent for the year 2021-22. With a 99.09 per cent death settlement ratio, Exide Life insurance and Bharti Axa Life Insurance bagged the second position.

Which insurance is best in claim settlement? ›

United India Insurance tops the chart with a 97.25 per cent claim-settlement ratio.

Which company has best claim settlement ratio? ›

Top 10 Claim Settlement Ratio Health Insurance Companies in India
  • Edelweiss General Health Insurance Company Limited.
  • Star Health and Allied Insurance Company Limited.
  • Kotak Mahindra General Insurance Company.
  • HDFC ERGO Health Insurance Company Limited.
  • IFFCO Tokio General Insurance Company Limited.
2 days ago

Which car insurance has best claim settlement ratio? ›

ICICI Lombard General Insurance Co.

The company has a tie-up with more than 5600 garages across India and has a motor insurance claim settlement ratio of 92.2% within 30 days of claim intimation.

Do I have to accept my insurance settlement offer? ›

you don't have to accept any offer that's made to you. If you do accept an offer it might be lower than the compensation you would have got if you'd used a solicitor or gone to court instead. don't feel under any pressure to make a decision quickly.

Can you negotiate a home insurance settlement? ›

One of the most important things to know about property damage claims is that you do not have to accept the initial offer. You still have the power to negotiate and under no circumstances should you accept any insurance settlement offer that you do not believe is fair or that will not cover the costs of repair.

Do insurance companies want to settle quickly? ›

Insurance companies want to spend as little time and money as possible on each claim. Quick settlements help them achieve this goal. But quick settlements are usually unfair for accident victims because the value of most accident claims is much higher than initial settlement offers.


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