Connect with us
Our website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

News

Current and Past Demotech, Inc. Rated Clients Named as Top Homeowners Insurance Providers in Florida by Home Media

gbafNews28

COLUMBUS, Ohio, Feb. 28, 2022 /PRNewswire/ — On January 13, 2022, the Home Media reviews team enumerated its choice for the top five homeowners insurance providers in Florida. According to their press release, featured on MarketWatch, Home Media's methodology took into account coverage, customer service, technology, reputation, cost, and benefits.

Home Media ranked the top five best homeowners insurance providers in Florida as:

  • Security First Insurance Company
  • Progressive
  • AAA
  • Lighthouse Property Insurance Company
  • Chubb.

According to Demotech's President, Joseph L. Petrelli, “Demotech is proud to review and rate Security First and Lighthouse Property. Although we do not review and rate Progressive Insurance, in order to secure property insurance in Florida from Progressive, a homeowner would be purchasing insurance from what was known as ASI Insurance. We rated ASI from its first day of operations until the time that Progressive finalized its purchase of the company for in excess of $1.3 billion.”

“As to AAA, we rated its Florida affiliate, Auto Club Insurance Company of Florida, from October 2007 through August 2019, when they voluntarily withdrew from our process. We have not reviewed or rated Chubb Insurance Company,” said Petrelli.

Demotech's Vice President, Sharon Romano Petrelli, added, “As we have noted on numerous occasions, financial stability is one of the many factors that consumers need to evaluate. We are pleased to see that in an analysis reflecting factors focusing on the consumer experience, the financially stable insurers that we review and rate earned top 5 status from Home Media.”

About Demotech, Inc.

Demotech, Inc. was the first firm to review independent, regional and specialty insurers. Since 1985, Demotech has served the industry by assigning accurate, reliable, and proven Financial Stability Ratings® to Property & Casualty insurers and Title underwriters. FSRs provide an objective baseline of the solvency of an insurer. Demotech's philosophy is to review and evaluate insurers based on their area of focus and execution of their business model rather than solely on financial size. Demotech's increasing accreditations and acceptances has resulted in its review of more than 450 insurers operating in the US. Visit www.demotech.com for additional information.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/current-and-past-demotech-inc-rated-clients-named-as-top-homeowners-insurance-providers-in-florida-by-home-media-301492025.html

SOURCE Demotech, Inc.

Advertisement
Editorial & Advertiser disclosure

Call for Entries

Global Banking and Finance Review Awards Nominations 2022
2022 Awards now open. Click Here to Nominate

Newsletters with Secrets & Analysis. Subscribe Now

Recommended

Global Banking & Finance Review® is a leading financial portal and Print Magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management. Copyright © 2010-2021 GBAF Publications Ltd - All Rights Reserved.