People's Trust: Serving New Jersey?

People's Trust Insurance is a Florida-based company that provides insurance for Florida homeowners. The company was founded in 2008 and is regulated by Florida's Office of Insurance Regulation. People's Trust Insurance offers a range of insurance services, including homeowner's insurance, water damage coverage, flood insurance, and equipment breakdown coverage. They also provide discounts for seniors, military personnel, and homes in gated communities. The company has received accreditation from the Better Business Bureau and has been in business for over 16 years. However, there have been some customer complaints regarding denied claims and rate increases. People's Trust Insurance currently only serves Florida and does not have a presence in New Jersey.

People's Trust Insurance is a Florida-based company

People's Trust Insurance's model is particularly beneficial for Florida homeowners as it solves several problems they typically face after a major storm. With other types of insurance, homeowners often have to compete for contractors and materials, leading to delays and increased costs. People's Trust policyholders, on the other hand, are guaranteed repairs and are prioritized through the company's affiliate Rapid Response Team, which has professionals and supplies dedicated to this purpose.

The company also offers a range of discounts and credits to help its customers save money on their insurance premiums. These include discounts for homeowners who are 55 years of age or older, military personnel or veterans, individuals living in secured or gated communities, and those who elect to receive their policy documents electronically. Additionally, credits are available for those with burglar and/or fire alarm systems, as well as insurance scoring credits for policyholders with better-than-average insurance scores.

People's Trust Insurance is committed to providing affordable protection without sacrificing quality. The company has been assigned a Financial Stability Rating of A Exceptional by Demotech, Inc., reflecting its strong financial reserves. The company also has a Preferred Contractor Endorsement, where policyholders can opt to have People's Trust Insurance manage their entire repair process, earning them a 5% discount on their annual policy premium.

Overall, People's Trust Insurance is a Florida-based company that strives to provide exceptional service and value to its customers, offering a simplified and cost-effective approach to homeowners insurance in the state.

It offers a range of insurance services

People's Trust Insurance offers a range of insurance services to its customers. The company provides homeowner's insurance, including coverage for flood, fire, and windstorm damage, as well as discounts for those with protective devices such as burglar alarms or fire alarm systems. They also offer paperless policy delivery, with a $26 discount for those who sign up.

People's Trust Insurance also provides a unique claims service and recovery process. Instead of waiting for a check and finding a contractor, policyholders can make one phone call and the company will deploy its affiliated general contractor, the Rapid Response Team, to handle emergency repairs and restoration. This team is available 24/7 and guarantees 100% customer satisfaction on workmanship.

In addition to their homeowner's insurance, People's Trust Insurance offers equipment breakdown coverage for mechanical and electrical failures, as well as buried utility lines coverage for any damage to underground utility lines on the property. They also provide insurance for high-value homes, with dwelling coverage of up to $2,400,000.

People's Trust Insurance is proud to have been assigned a Financial Stability Rating of A Exceptional by Demotech, Inc., and is regulated by Florida's Office of Insurance Regulation. The company has been in business since 2008 and is headquartered in Deerfield Beach, Florida.

The company provides 24/7 emergency repairs

People's Trust Insurance is a Florida-based company that provides 24/7 emergency repairs to its policyholders. The company's 24/7 emergency repair service is part of its simplified claims service and recovery process, which aims to help its customers recover from losses quickly and save money.

When policyholders call the company's dedicated phone line, People's Trust deploys its affiliated general contractor, the Rapid Response Team, to prevent further damage, make emergency repairs, and restore policyholders' homes to their pre-loss condition. This service comes with a 100% customer satisfaction guarantee on workmanship.

The Rapid Response Team maintains a network of response centers across Florida, stocked with millions of dollars' worth of roofing materials and hurricane recovery supplies. This includes tarps, plywood, and generators, ensuring that policyholders can protect their homes after a storm and recover from disasters faster.

People's Trust's 24/7 emergency repair service is included in the company's Direct Repair Model, which manages the entire repair process for policyholders, getting their homes back to normal quickly after a loss. This approach not only spares the customer hassle but also saves them money, earning them a 5% discount on their annual policy premium.

The company's upfront investment in overall preparedness and everyday readiness, including its 24/7 emergency response capability, enables it to pass on savings to its customers and offer some of the most competitive home insurance rates in Florida.

People's Trust Insurance has been in business since 2008

People's Trust Insurance Company is an American home insurance company located in Deerfield Beach, Florida. The company was co-founded by George Schaeffer and Michael Gold in 2008 and has been in business for 16 years.

People's Trust Insurance is a privately held company that offers Florida homes principal insurance as well as claims mitigation and remediation services. It is the eleventh-largest homeowners insurance company in the state, with more than 110,000 policyholders throughout Florida. The company has experienced rapid growth and received the Governor's Innovators in Business Award in 2013.

People's Trust Insurance simplifies the process of recovery from damage or disaster, helping customers get their lives back to normal quickly. They provide 24/7 emergency repairs and have an affiliated general contractor, the Rapid Response Team, which has millions of dollars' worth of supplies and hundreds of technicians and roofers.

The company's goal, as stated by President and CEO George Schaeffer, is "not to be the biggest homeowner's insurance company in Florida; it's to be the best."

The company has a Financial Stability Rating of A Exceptional

People's Trust Insurance Company is headquartered in Deerfield Beach, Florida and offers insurance services exclusively to Florida homeowners. The company has been in business for 16 years and is an admitted carrier approved and regulated by the Florida Office of Insurance Regulation (OIR). People's Trust Insurance is also proud to have been assigned a Financial Stability Rating of A Exceptional by Demotech, Inc., a financial analysis and actuarial consulting firm in Columbus, Ohio. This rating indicates that the company has strong financial reserves and is well-positioned to handle customer claims and losses.

The Financial Stability Rating of A Exceptional reflects People's Trust Insurance's commitment to its customers and its ability to meet its financial obligations. This rating provides confidence to policyholders that the company is stable and reliable, especially during times of economic uncertainty or in the event of a natural disaster.

People's Trust Insurance's business model focuses on simplifying the insurance claims process and providing quick recovery for its customers. They achieve this through their Direct Repair Model, where they manage the entire repair process, including deploying their affiliated general contractor, the Rapid Response Team, who is on call 24/7 to make emergency repairs. This streamlined approach not only saves customers time and hassle but also reduces their insurance premiums.

In addition to its exceptional financial stability rating, People's Trust Insurance also boasts a network of response centers serving Florida and millions of dollars' worth of roofing materials and hurricane recovery supplies. This further highlights the company's preparedness and ability to handle the unique challenges faced by Florida homeowners, particularly those related to hurricane and storm damage.

Overall, the Financial Stability Rating of A Exceptional underscores People's Trust Insurance's financial health, stability, and commitment to providing exceptional service to its Florida customers.

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