Lighthouse Insurance is one of the best companies for homeowners insurance. It offers coverage that meets all of your needs, as well as excellent customer service. This company is also a top-notch choice for other policies, including life, fire, and Dwelling Life.
Homeowners coverage
Lighthouse Insurance is a home insurance company that protects your property. They have different policies to fit your needs. You can get a quote online or contact an agent.
If you live in one of the six states they operate in, you can purchase a homeowners insurance policy from Lighthouse. They offer coverage for both homes and condos. In addition, they have medical expenses, liability, and other types of coverage.
The company has been in business for over ten years and offers coverage in Texas, Louisiana, North Carolina, South Carolina, and Florida. Its executives have extensive backgrounds in reinsurance and financial planning.
They have an excellent rating with the BBB. However, they have a mixed reputation among customers. Many claim that they have had problems with claims handling.
Dwelling Fire product
The Lighthouse Property Insurance Corporation is a relatively new kid on the block. It is domiciled in Louisiana, although it does write coverage in five coastal states, including South Carolina, Florida, and Texas. Its product mix includes homeowner’s, condo, renters insurance, and the more expensive Dwelling Fire, HO3, and DP3 products. Despite its small size, it has already grown by leaps and bounds. Since its inception in 2008, it has become one of the fastest-growing companies in its class.
The best part is that it has an extensive nationwide network of licensed and insured independent insurance agents. So whether you are in the market for a new policy or looking for a competitively priced quote, Lighthouse can help. From auto to home insurance, Lighthouse is a one-stop shop.
Dwelling Life product
The Lighthouse Insurance company is in the business of protecting your home and family. This includes the typical coverage for your house and a variety of other structures on the property. Having a solid insurance policy in place means the pain of a home invasion is lessened. The company offers some perks, such as discounts on specific products and services, to make it even more appealing.
Aside from its standard coverage, the company offers renter and condo coverage. Their other offerings include flood and hurricane protection. While they are a bit more selective in their offerings, they are still a viable option for anyone looking to protect their most valuable asset. As such, the insurance company has earned a spot on our list of top 10 homeowners insurance providers.
Customer service
The essential part of any insurance program is its customer service department. They have a vested interest in your success and will do everything in their power to help you if they can. Fortunately, they have the budget and the time to give you a great experience. Whether it’s helping you with a claim, resetting your billing address, or setting you up on a new plan, they’ll take care of you.
Not everyone has the luxury of choosing from the myriad insurance providers on the market. Luckily, Lighthouse has a network of seasoned professionals with a wealth of experience in the industry so that they can guide you to the right policy and the best rate. You’ll be in good hands iSo if you’re in the market for homeowners insurance.
Financial strength
As the year has progressed, insurers in the broader Florida primary market have faced several challenges. The most recent is rising reinsurance costs. As a result, several property carriers have been forced to suspend new homeowner writings in Florida in the last six months. Similarly, four insurers have run out of reinsurance coverage.
In February, Lighthouse Property Insurance Corporation announced it would suspend all new business in Florida. Officials said it had sought rate increases in the state before breaking them. They also noted that it needed to manage its reinsurance placement options. Despite the company’s efforts to raise its capital, it has not been able to keep its surplus levels high.
The company is based in Austin, Texas, but it sells insurance through licensed independent agents in Louisiana, South Carolina, and Texas. Its executives have extensive backgrounds in reinsurance and financial planning.
