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 ($1,036,045,180 net admitted assets)
Over 1 billion in net admitted assets
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
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
SERVICE INS CO
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
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
Companion policy discounts
*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
What does UPC stand for?
Currently in 12 states with a focus on coastal areas. They are the 18th ranked insurance company writing homeowners insurance in the United States
What is UPC financial rating?
A rated by Demotech, a financial stability agency, since 1999
Is UPC an admitted company in Louisiana?
UPC is an admitted insurance company in Louisiana and is protected by the Louisiana Insurance Guaranty Association LIGA up to 500,000 per house
Can you buy direct from UPC?
UPC offers their products through independent insurance agents in Louisiana
How long has UPC been in business?
Since 1999 UPC has been writing insurance in the United States
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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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
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