Brought into operation in 1997, Homesite Insurance Company was founded by James M. Stone and Peter J. Wood. Founded in Boston, Massachusetts, the company still has its headquarters in Boston up to date. The company has significantly grown since its inception and currently operates in 46 states together with the District of Columbia. Homesite is ranked as the 24th largest homeowners’ insurer in the United States. The sales model of this company is based on alliances and mergers with other insurers including GEICO, and direct sales done via its website and various call centers.
Filing a Claim
Apart from their numerous local agents, one can reach the company physically through its various branches in all the states it is present in order to file a claim. As earlier said, this company is widespread with branches in a number of states in the United States. Some of the states where Homesite is licensed to operate include:
- Arizona,
- Colorado,
- Connecticut,
- Delaware,
- District of Columbia (DC),
- Florida,
- Georgia,
- Hawaii,
- Idaho,
- Indiana,
- Iowa,
- Kentucky,
- Louisiana,
- Maryland,
- Michigan,
- Minnesota,
- Mississippi,
- Montana,
- Nebraska,
- Nevada,
- New Jersey,
- New Mexico,
- North Carolina,
- North Dakota,
- Ohio,
- Oklahoma,
- Oregon,
- Pennsylvania,
- Rhode Island,
- South Carolina,
- South Dakota,
- Tennessee,
- Texas,
- Utah,
- Virginia,
- Washington,
- West Virginia,
- Wisconsin,
- Wyoming and
- Alaska
Subsidiaries
Homesite insurance Company is some sort of corporation with various subsidiaries. Some of the subsidiaries which form part of the larger Homesite Insurance Company are:
- Homesite Indemnity Company,
- Homesite Insurance Company of California,
- Homesite Insurance Company of Florida,
- Homesite Insurance Company of Georgia,
- Homesite Insurance Company of Illinois,
- Homesite Insurance Company of New York,
- Homesite Insurance Company of the Midwest,
- Homesite Lloyd’s of Texas
Services offered
It also worth to mention that apart from its flood and disaster insurance programs, this company also offers a wide range of products, some of which are listed below.
- auto insurance,
- homeowners insurance,
- condominium,
- renters,
- scheduled personal property,
- business umbrella,
- commercial auto,
- commercial inland marine,
- small business owner,
- customizer and business package policy,
- landlord package,
- manufactured home,
- mobile home,
- motor home,
- motorcycle,
- boat,
- personal umbrella,
- comprehensive personal liability,
- recreational vehicle
Company’s Flood and Disaster Insurance Policy
Just as has been indicated above, this company also offers flood relief insurance programs throughout its bases. Since its inception, several people have taken up the policy, most of which have positively rated the services. Due to its relatively exceptional performance, this company has received several awards like the 2006 A.M Best yearly E-Fusion for Underwriting and Pricing. This among other awards, acknowledged Homesite’s creation of a Business Geographic Underwriting system which addresses structural problems inherent in the homeowners’ products, thereby improving accuracy and efficiency of the underwriting process. Moreover, their claim settling process is relatively simple and less hectic.
