Haris Ashley
Amica is the oldest mutual insurer of automobiles in the United States, owned entirely by its policyholders. The company offers a range of insurance products, including auto insurance, home, marine, personal umbrella liability, and life insurance. Amica's auto insurance provides coverage for damages to vehicles, uninsured and underinsured motorist protection, and rideshare services coverage. Their home insurance offers protection for the dwelling, personal property, and liability, and additional coverages like flood insurance and identity theft protection. Amica also provides life insurance, pet insurance, and coverage for boats, motorcycles, and RVs. The company offers various discounts and dividend-paying policies, with a focus on customer satisfaction and financial stability.
| Characteristics | Values |
|---|---|
| Company Type | Mutual Insurance Company |
| Year Founded | 1907 |
| Insurance Products | Auto, Home, Marine, Personal Umbrella Liability, Life, Pet, Motorcycle, Wedding and Event, Flood, Travel Trailer, Renters, Identity Theft |
| Availability | Not available in Alaska, Hawaii |
| Discounts | Loyalty, Multiline, Claim-Free, AutoPay, E-discount, Paid in Full, Alarm System, Multi-policy, Automatic Detection Device |
| Customer Ratings | 4.8/5 (U.S. News), 4.5/5 (NerdWallet) |
| Financial Strength Rating | A+ (Superior) |
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What You'll Learn
Amica's home insurance
Amica offers a range of insurance products, including home insurance. Amica's homeowners insurance is available in 48 states, excluding Alaska and Hawaii, and in Washington, D.C. The company has few physical office locations, so policy management is primarily done online or through its mobile app.
Amica offers two types of homeowners insurance policies: a standard policy and a Platinum Choice policy. The standard policy covers dwelling, personal property, loss of use, personal liability, and guest medical coverage. The Platinum Choice policy offers more comprehensive coverage, including everything in the standard plan, plus water backup, sump pump overflow, special computer, and credit card coverage.
Homeowners can choose from traditional and dividend policies. Dividend policies may cost more upfront but can return 5% to 20% of the yearly premium through dividend payments. However, these payments are not guaranteed. Amica also offers various discounts to help reduce premium costs, including loyalty, multiline, claim-free, Autopay, e-discount, paid-in-full, and alarm system discounts.
It's important to note that Amica's homeowners insurance does not cover flooding or earthquakes. However, customers can purchase separate flood insurance through the National Flood Insurance Program, and they can add an endorsement to cover earthquake damage repairs.
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Car insurance coverage
Amica is the oldest mutual insurer of automobiles in the country. The company offers a range of insurance products, including car insurance. Amica provides 24/7 customer service and allows customers to customise their policies to suit their unique needs.
Amica offers various discounts to help customers save on their car insurance premiums. These include the Multiline discount, which allows customers to save up to 30% by bundling their car insurance with other policies such as homeowners, umbrella, and life insurance. Amica also offers loyalty, claim-free, AutoPay, E-discount, paid-in-full, and alarm system discounts.
Amica's car insurance covers accidents, injuries to the driver and passengers, and damage to the vehicle. The company also offers specialised coverage for car rentals and roadside assistance. Amica's liability coverage pays for injuries or damages caused by the policyholder, up to the policy's limits. Their UM/UIM coverage includes injuries and property damage caused by an underinsured or uninsured driver. Medical payments coverage (Med Pay) covers medical and funeral expenses for the policyholder, their family members, or passengers. Personal injury protection (PIP), offered in some states, provides similar coverage to Med Pay but with additional benefits. Comprehensive coverage protects the vehicle from fire, theft, vandalism, and other events outside the policyholder's control. Collision coverage pays for repairs or replacements in the event of a collision with another object or vehicle.
Amica also offers custom parts and equipment (CPE) coverage, which pays for repairs or replacements of custom parts added to the vehicle, such as a stereo, navigation system, custom wheels, or paint job. Their pet injury coverage automatically includes collision coverage and reimburses veterinary bills for pets injured while riding in the vehicle. Additionally, Amica provides loan/lease payoff coverage, rental car reimbursement, and roadside assistance services such as towing, lock-out service, flat tire changes, and fuel/fluid delivery.
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Life insurance
Amica offers life insurance options that are customizable and tailored to your circumstances. There are two main types of coverage: term life insurance and whole life insurance. Term life insurance provides protection for a specific, limited amount of time, typically 10, 15, 20, 25, or 30 years. It is generally more affordable than whole life insurance but does not provide lifetime coverage. On the other hand, whole life insurance offers lifetime coverage and ensures your family is not burdened by final expenses or medical bills. Amica's whole life coverage includes a free terminal illness endorsement.
The cost of life insurance is determined by various factors, including health, gender, lifestyle, and occupation. Generally, premiums are lower if you purchase a life insurance policy when you are young and healthy. Amica offers competitive rates and discounts for coverage amounts of $250,000 or more.
You can start the process of purchasing term life insurance on Amica's website by obtaining an online quote and providing personal details, such as date of birth, height, weight, and gender. Depending on your answers, you may be required to undergo a medical exam. Amica is a legitimate insurance provider with a long history, having been in business since 1907 and selling life insurance since 1970.
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Marine insurance
Amica offers marine insurance for boats and yachts of all sizes, including sailboats, houseboats, powerboats, fishing boats, and pontoon boats. Their boat insurance policy covers liability, theft, and damage to the vessel, providing financial protection for causing bodily harm to others or physical damage in a boat accident. Amica's marine insurance also includes waterway towing coverage if a boat breaks down, runs out of fuel, or is involved in a collision.
Boat owners can customize their coverage to fit their specific needs and budget. For example, they can receive a credit on their insurance if their vessel has an automatic, built-in fire extinguisher or a diesel engine. Additionally, taking a U.S. Coast Guard Auxiliary course or a similar approved course can make them eligible for a discount on their premium.
Amica's marine insurance provides comprehensive coverage beyond a typical home policy. It is important to note that while boat insurance is not legally required in most states, it may be mandatory if the boat is financed or docked at a marina. Amica's homeowners insurance includes a $1,500 special limit for watercraft, typically covering small boats without engines. For larger vessels, a separate boat insurance policy is recommended for more complete coverage.
Amica's marine insurance policyholders have access to an online portal and a mobile app, where they can easily manage their claims and access advanced tools and resources for proactive protection. With over a century of financial stability, Amica offers peace of mind as a reliable and trustworthy insurance provider.
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Umbrella liability insurance
Amica Insurance offers a wide range of insurance products, including personal umbrella liability insurance. Umbrella insurance provides an additional layer of protection beyond the coverage of standard home and auto insurance policies. It is designed to protect individuals and families from significant financial losses in the event of a serious incident or accident.
Umbrella insurance is particularly useful for those with higher liability risks, such as property owners with swimming pools, trampolines, or pets. It can also benefit those with multiple cars or properties. In the case of a severe accident or incident that exceeds the coverage limits of standard policies, umbrella insurance provides extra protection. For example, if a dog bite results in $600,000 in damages but the homeowner's insurance policy has a liability limit of $500,000, an umbrella policy could cover the remaining $100,000.
Umbrella insurance also offers legal protection in the event of a claim or lawsuit. It can cover defence costs for claims related to bodily injury, property damage, libel, slander, or defamation of character. This type of insurance is an affordable way to increase overall liability coverage and provide peace of mind, especially for those with assets and future earnings that need protecting.
The amount of umbrella insurance coverage needed depends on an individual's assets, income, and potential liability risks. Amica Insurance offers flexible coverage limits, typically ranging from $1 million to $5 million, with the option of a traditional, non-dividend policy or a dividend policy. A dividend policy may return a portion of the premium, usually between 5% and 20%, if certain conditions are met.
Overall, umbrella liability insurance from Amica provides an extra safety net, ensuring that individuals and families are prepared for unexpected events and protected from potential liabilities.
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Frequently asked questions
Amica offers auto, home, marine, personal umbrella liability, life, and flood insurance. They also offer pet insurance and coverage for RVs and travel trailers.
No, Amica does not appear to offer commercial insurance.
Amica has an A+ (Superior) rating for financial strength from AM Best. In 2025, it was rated the second-best homeowners insurance company by US News, with a score of 4.8 out of 5. It also has a rating of 4.5 stars out of 5 for overall performance from NerdWallet.
Amica offers a wide variety of coverage options, low consumer complaints, and various discounts on insurance premiums, including loyalty, multiline, claim-free, Autopay, and e-discounts.
