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At ASI we know that you’ve most likely invested a lot of time and money in your personal property, and it’s up to you to take care of it. A homeowners policy not only protects your home and it’s contents; it also protects you and your family. However, now it’s just as important to have a homeowners insurance policy that fits your needs.
Otherwise, you're likely to find a cheaper policy with better customer service from one of its rivals. Amica offers dividend policies which allow customers to recoup money at the end of their policy period. Depending on the state you live in, you can easily find the perfect ASI home insurance policy for your needs from the aforementioned affiliates. Insure your vacation home, secondary home, or investment property using ASI seasonal insurance. Dwelling coverage covers repairs or replacement costs for your home’s structure.
ASI Auto Insurance and Other Coverage
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While Amica tends to generally offer more affordable policies, ASI has a larger network of agents and fast-paced claims handling process along with many other tailored services. ASI offers discounts to policyholders who have just purchased a home or switched from a renters insurance policy. ASI operates as a collective group of insurance subsidiaries under the parent company ARX Holding Corp., for which Progressive is a controlling shareholder. If you are seeking homeowners insurance coverage from ASI, you may work with one of these various affiliates, depending on your location. In addition, depending on your state, bundling may also include a unique single-deductible option.
FHA mortgage insurance
Log in to your ASI account to manage payments and view your policy’s information. Medical payments coverage helps pay for your guest’s medical bills if they are injured in your house. This covers doctor visits, x-rays, physical therapy and follow-up check-ups. This covers the repair and replacement of structures within your property that aren’t connected to your house, such as fences or sheds. With this optional coverage, ASI protects your jewelry, fine art and other valuable items. Get a discount by installing burglar alarms, fire alarms, automatic sprinklers and other security systems in your house.
Nationwide underwrites its own home insurance policies, whereas ASI does not. Nationwide and ASI offer similar add-ons, but ASI has more comprehensive packages. If you also own a seasonal, secondary or investment property, it’s smart to consider a dwelling fire policy.
ASI Home Insurance Discount
There are also addition coverage options available such as replacement cost on personal property, increased limits on jewelry and personal injury. Standard ASI home insurance policies include basic coverage that you would find from any other property insurance company. However, ASI does offer a few endorsement packages with add-on coverages for specific protection. Keep in mind that coverage options vary by state, so we recommend talking to an agent to find out what policies are available where you live. American Strategic Insurance, more commonly known as ASI, is part of the Progressive Group of Insurance Companies.
We studied ASI insurance reviews and found some interesting facts to share with you. This covers bodily or property damages to a third party within your home. Consider increasing this coverage if you have a dog, a pool, a trampoline or other similar things in your house. This optional endorsement pays for non-bodily damages like libel, slander, defamation of character and invasion of privacy. Save money on your premiums by paying your entire year’s policy in full.
What is ASI’s insurance rating?
Although you’ll save money in the short term by choosing smaller coverage limits and higher deductibles, you may spend much more on construction and labor costs than you can afford. As such, purchasing enough coverage is the best way to ensure you won’t experience financial hardship when rebuilding your home. To find the average cost of home insurance from ASI and its competitors, we compared the price of homeowners insurance statewide in Florida and Texas, two of ASI's biggest markets. If you own a car or can qualify as a low-risk customer, ASI provides a variety of potential discounts that can reduce premiums by as much as 55% from the base price. For example, if you're a resident of Florida and you purchase homeowners insurance with a flood endorsement, the entirety of a flood claim can be settled through ASI.
ASI provides homeowners with a multitude of policy options and add-ons for comprehensive homeowners insurance policies. ASI homeowners insurance policyholders have three add-on coverage options, which is lower than the five that insurance companies typically offer. As such, they only offer two standard coverages and one unique endorsement.
For example, in New Mexico, the electronic policy discount is only $10, while the discount applied to paid-in-full policies is approximately 15%. However, combining the right discounts can result in substantial savings. If you prioritize working with an established insurer and can take full advantage of ASI's discounts, then it may be worth getting a quote from American Strategic Insurance.
Because ASI is part of the Progressive Group of Insurance Companies, it shares financial strength ratings. ASI earns an A+ rating through AM Best, as part of its relation to Progressive, highlighting the carrier’s historical ability to payout claims. ASI scores an 821 out of 1,000 points possible with the 2021 J.D. Power Home Insurance survey, and 816 for renters in the same study, which indicates there is room for improvement with customer satisfaction.
ASI offers plenty of options for homeowners to customize their homeowners insurance policies, with several available add-ons and riders. In addition, ASI offers a few discounts with Progressive to save on premiums, although availability varies by state. Both insurance providers have a wide presence in the U.S. and offer similar services. However, ASI insurance has a wider network of agents and offers more options. We based our analysis on a home with $300,000 of dwelling coverage, $150,000 of personal property coverage and $30,000 of loss of use coverage.
ValuePenguin's analysis used insurance rate data from Quadrant Information Services. These rates were publicly sourced from insurer filings and should be used for comparative purposes only — your own quotes may be different. From a financial perspective, ASI and its affiliates are considered in "Superior" financial condition, receiving an "A+" rating from AM Best.
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