There is no denying that homeowners insurance is on the rise. You have to choose a company that is affordable, but also reliable. We will help you to make the best choice in this Safeco home insurance review.
In this article, we will review prices, discounts, financial stability, and more. Homeowners across the United States have counted on Safeco for insurance since 1923. For the last 95 years, agents from Safeco have been there for their customers, around the clock, no matter what happens. From small accidents to the worst moments, Safeco gives clients piece of mind.
Who Qualifies
Almost all first-time home buyers will be required to purchase homeowner’s insurance. Safeco agents can help any homeowner personalize a plan for themselves. If you own more sensitive property, like cars, boats, or even RVs, there are packaged deals that your family will qualify for.
Making sure your possessions are covered in the case of any emergency is priority for a home owner, as accidents can get expensive. Owners want to make sure their families and guests are safe, and covered. Safeco insurance can help alleviate the stress that emergency situations can cause.
Locations Served
Safeco agents are located across the country, and are licensed to operate in 46 states. By entering your zip code on the website, you’ll find an entire list of representatives. Services are tailored to your needs thanks to their local agents. With Safeco, you have a personal agent that will get to know you and a custom-built plan, which will immediately help you to resolve any issues.
For customers who have high regards for customer service, Safeco agents will get to know you, as well as your claims. Personalized service along with flexible plans put Safeco up there with offering some of the best customer service.
Home insurance rates comparison
As I mentioned in the beginning home insurance costs are on the rise and becoming more and more expensive. For example, average home insurance rates in Miami Florida are over $3000. Safeco offers cheaper than average rates for auto and home insurance. There are also many discounts that you can take advantage of such as being a new homeowner. Home insurance is dependent on various factors. It is important that you compare costs and get a quote today.
Financial Strength and Reliability
Safeco is backed and has all the financial stability of the Liberty Mutual Group, which has excellent ratings across the board from Standard & Poor’s, Moody’s, and A.M. Best. This backing and consistently good ratings from financial institutions ensures that Safeco will continue to be a viable and booming company.
One of the largest corporations in the U.S., ranked 75th on the Fortune 500 list of the largest companies, Safeco and Liberty Mutual Group also have some of the highest ratings from institutions. Standard and Poor gave Safeco an ‘A’ rating, which is strong. A.M. Best Company repeatedly gives Safeco an excellent, ‘A’ rating, and Moody’s grades Safeco at ‘A2’, which is a strong showing.
The Better Business Bureau handles complaints from customers across the United States. Customers can use the system to report any mishandling of cases for any type of business. The entire system is based around the opinions and experiences of the consumer, making it vitally important. Although BBB suggests looking at a variety of data, Safeco and Liberty Mutual Group received an ‘A’ rating from the organization.
What Our Service is Based On
The J.D. Power Home Insurance Study, created to help consumers understand data and make better decisions, recently confirmed that customer satisfaction in regards to insurance services and claims, is at an all-time high. The study shows that about 80% of customers surveyed were happy with their insurance, which is due to companies making improvements in their policies. The biggest reported problems came from customers who say that they do not fully understand their coverage, which was 48%. Thanks to improvements that companies have made in the way they offer insurance, mainly developments in customer service, and making personal agents available, 92% of people who did understand their coverage were completely satisfied.
In J.D. Power’s Home Insurance Study, which compares top insurance companies, Safeco received 3 out of 5 power circles. Additionally, Safeco received 3 out of 5 circles in every category in the U.S. Property Claims Satisfaction Study.
In addition, J.D. Power released a Property Claims Satisfaction Study in 2017, rating various insurance companies based on customer service, improvements, overall happiness of clients, service interactions, process timeliness, etc. As several J.D. Power studies show, customers increasingly influence the way insurance companies do business. Home and auto insurance companies everywhere have amped up their images to be more client-friendly. Companies now rely on their agents to be able to provide the best customer service, as these services are increasingly (5% in both 2016 and 2017) shown to influence a client’s decision making process.
Safeco Home Insurance Features and Discounts
Safeco provides their customers with affordable coverage, based on what they need.
Clients can package deals if they combine their home and auto insurance with a Safeco Package. Multiple policy discounts are also available if consumers want to add their other valuable property, including boats, motorcycles, and RVs.
For those who have invested in a newer home, or recently built properties, discounts are available if the house is less than 10 years old.
Those who want to pay a higher deductible, or pay their bill in full, will end up saving in the long run.
In order to see which discounts you qualify for, speak to a local independent agent, who will help you find the best policy for your needs.
Easy-to-Use Website Support
Safeco understands their clients’ needs, which is why their website is simple and straightforward. Finding what you need is painless with a state-of-the-art website.
Clients can contact their agents or the company, review their claims, manage their accounts, view their insurance card numbers and ID cards, as well as get support.
Once you are logged in, you can use your account to view and pay your bills every month. If you ever have a question, our agents are easily reachable online. Customers can also look up rates and services if anything needs a change, at their own pace, right through the site.
Mobile App
The Safeco mobile app makes it even easier for customers to personalize their service. Accessible from all phones, this simple app allows clients to do virtually anything they need.
One logged in, the app will have all of the contact information, including email, for your local agent, should there be any questions. Customers can also keep track of their bills and pay right from the app. Convenient and secure bill pay which is available at a customer’s fingertips. Clients can also manage their policies and view ID cards for all insurances.
Most importantly, the app will provide an easy way to make, file, and keep track of claims. It can also help you access emergency assistance for any home-related instances.
Comparison to Top Companies
Across the board, Safeco offers more bundling options than its competitors, like Allstate and State Farm.
Safeco offers services that are based on coverage, client convenience, and discounts. For customers who rely on insurance policies that are easy to manage, Safeco got great ratings. Customers are able to pay one deducible even if they have multiple policies, as well as manage accounts easily.
In comparison to other companies, consumers reported more varieties in insurance policies than other companies offer. Safeco offers a variety of coverages, depending on specific needs. Safeco can provide endorsements for jewelry and art, covers equipment breakdowns, identity theft coverage, and other custom options that clients rated as a standout feature of the company.
Unlike GEICO and Progressive, Safeco sells its own policies rather than partnering clients with lenders. While some clients are happy with this type of system, others prefer Safeco’s local and friendly services.
Bottom Line
Safeco is great for customers looking for a variety of coverage, or looking to bundle several claims. By offering flexible coverage for those who need it, Safeco has an excellent reputation on the market. Safeco agents are reliable, locally available, and have the freedom to help you create the perfect policy that suits your needs.
Whether you are looking for homeowner’s insurance, or a bundled package to protect all of your private property, Safeco has a nearly century-long history of helping its clients and their interests.
Getting the right insurance price and being eligible for multiple insurance discounts is crucial. Never pay more than you have to for home insurance. I encourage you to get and compare quotes today, which takes 60 seconds.