UPC

UNITED PROPERTY & CASUALTY INSURANCE COMPANY

KEEPING THE PROMISE


FROM THE DESK OF AGENT TIM with FM Agency Group

UPC INSURANCE COMPANY REVIEW AND RATINGS

The financial foundation that keeps the promise is their company core value


UPC is the premier insurance company writing new policies in Louisiana due to their stability (time in the market) and financial size ($535 million equity capital)


UPC is also a fully transparent publicly traded company on the stock exchange with symbol UIHC


In this UPC insurance company review you will discover


Financial Stability

Ratings

​Products 

Claims service

Rates per zip code

Common Questions


UPC INSURANCE COMPANY FINANCIAL STABILITY

UPC currently writes insurance in 12 states and is licensed in 18 states


Their financial foundation is based on real world events.  They have modeled every historical hurricane affecting the United States over the last 118 years.


Since 1899, no hurricane would have exhausted more than 55% of their catastrophic reinsurance program


With more than 1 billion in force premium as of March 31, 2019 they have the financial size to withstand the next hurricane and continue to grow and prosper


Since UPC has been in business over 20 years they have been through many tropical storms and hurricanes.  


More than 3.4 billion has been paid in claims to customers since their inception


UPC has positioned their company to be around after the next hurricane


Here is a list from Demotech, a financial stability rating agency, listing net admitted assets of some of the insurance companies in Louisiana writing homeowners insurance


The list is from 2019

COMPANY

NET ASSETS

UPC

$698,629,722

SOUTHERN FIDELITY 

$213,744,911

CAPITOL PREFERRED

$176,972,641

LIGHTHOUSE

$143,154,509

SAFEPOINT

$134,536,478

CENTAURI

$122,884,052

MAISON

$113,543,899

GULFSTREAM

$104,805,577

SERVICE INS CO

$75,778,073

ALLIED TRUST

$62,139,257

BANKERS SPECIALTY

$50,656,203

ACCESS 

$36,062,669

AMERICAS

$17,449,942

GULF STATES

$11,851,061


agent tim tip

UPC is one of the largest insurance companies writing home insurance in South Louisiana.

demotech rating agency

A RATED by DEMOTECH, a financial stability rating agency


Since its inception in 1999 they have maintained an A rating of Exceptional


Demotech for more than 30 years will review and rate regional and specialty insurance carriers such as UPC.


Ratings from Demotech take into account a combination of financial factors as well as the unique geographical circumstances and risks.

AGENT TIM TIP

UPC is the 18th ranked largest insurance company writing homeowners insurance in the United States

UPC INSURANCE COMPANY PRODUCTS

Homeowners Insurance HO-3 and HO-5 policy form


Landlord Rental Dwelling


Tenant Renters insurance


Condo policy


Flood Insurance

AGENT TIM TIP

Companion policy discounts can lower the rate you pay. The discount applies when you may have more than one insurance policy with your agent or UPC

UPC insurance superior claims service

With every claim their goal is to promptly restore their customers to their pre-loss condition while maintaining a high level of customers satisfaction


Since 1999 over 3 billion has been paid to customers for claims


Every claim decision is made by a UPC in house claim representative


Customers can use any contractor of their choice


Claims can be reported 24/7 by phone or online

agent tim tip

An insurance policy is worthless if you can't get your claim paid. You get insurance protection for the coverage you purchase.  UPC offers many inexpensive endorsements you can add to your policy to get you the coverage you need.

upc insurance rates per zip code

UPC has low homeowners insurance rates across Louisiana


They have no distance to coast restrictions


No age of home restrictions


Open for business for all protection classes


Many underwriting factors will determine the rate you pay


Here are a few, but not limited to, underwriting factors that determine the rate


Age of Home

Brick or frame construction

Hip shape or Gable roof

Monitored Alarm

Companion policy discounts

Claims history

Insurance Score

Zip code

ZIP CODE

RATE

70065

$1,254

70001

$1,356

70124

$1,452

70072

$1,631

70056

$1,741

*rates in this article are based on a brick home with a hip roof and built in 2009.  Your rate could be different based on underwriting factors

AGENT TIM TIP

Insurance companies do have different rates in each zip code.  UPC is not the lowest in every zip code.  No insurance company should be if they want to be around after the next hurricane. UPC is the choice for financial stability, service, product offerings and great rates in Louisiana


common questions about UPC

(click on the tab answers below the tabs)

  • What does UPC stand for?
  • What is UPC financial rating?
  • Is upc an admitted insurance company?
  • can you buy direct from upc?
  • how long has upc been in business?
  • Where does upc write insurance?

Currently in 12 states with a focus on coastal areas. They are the 18th ranked insurance company writing homeowners insurance in the United States.

upc insurance partners with fm agency group

Since 2003 FM Agency Group has been helping Louisiana customers with homeowners insurance and rental landlord dwelling protection.


UPC insurance company is the premiere option for home insurance with our agency.


We recommend them for their financial size and history of providing insurance


We want an insurance company to be around after the next Hurricane and UPC has committed their expertise to Louisiana and we proud to represent them


Get your UPC homeowners insurance quote by completing the quick form below

HOME INS QUOTE FORM

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Agent Tim

The insurance advice you need to make the decision to protect what you have in the event of a financially devastating event.


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FM Agency Group

Helping Louisiana with insurance since 2001.  Homeowners, car, rental property, flood and personal umbrella protection.  Get the protection you need for the value you want

504.348.3131

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