Choosing the right homeowners insurance company is essential to having a policy that will allow you to sleep at night, no matter what perils exist where you live. Prudential homeowners insurance company is one of the largest and most well-known insurance providers in the world. As you shop for the best homeowners insurance company for you, take some time to look over what Prudential has to offer. The more homeowners insurance companies you compare, the more likely you will get the coverage you need at a price that will not break your piggy bank.
Prudential Homeowners Insurance Company History
The Prudential Friendly Society was formed in 1875 in Newark, New Jersey by John F. Dryden. Prudential was the first U.S. company to offer affordable life insurance to the working class. Since its humble beginnings, it has evolved into a Fortune 500 company with a global reach that spans into Europe, Asia and Latin America. It now goes by the official name of The Prudential Insurance Company of America and is still headquartered in Newark, New Jersey. In 2004, Prudential acquired CIGNA to further their stake in the retirement financial services market. They currently offer a wide variety of insurance and financial products.
Prudential Homeowners Insurance Company Policies
Prudential homeowners insurance company offers a wide range of policies to fit your needs. If you have a stick-built home, mobile home, condo, vacation home or are a renter, you can find coverage. These policies will cover the primary dwelling, personal property, garages and other structures as well as provide liability protection. You can tailor the homeowners insurance policies to fit your coverage needs. Items such as deductibles and coverage limits can be manipulated to your changing needs. If you make additions to your home, or your home gains in value significantly, you can contact your agent to make the necessary changes.
Prudential Homeowners Insurance Company Additional Features
In addition to offering standard homeowners insurance policies, Prudential also offers a wide range of insurance products. You can find insurance for your car, RV, boat, jet ski, and classic car. You can also get long term care insurance and life insurance. Prudential also offers many financial services for those looking for investments and to build for retirement. All of this is under one roof for your convenience.
Prudential homeowners insurance company offers many online resources as well. You can find local insurance agents online, use their insurance estimators to determine how much insurance is needed and you can file and manage your claim online.
Prudential Homeowners Insurance Company Financial Stability
The continued growth of Prudential homeowners insurance company has led to steady and strong financial stability ratings. Recent financial strength ratings for Prudential are as follows.
- A.M. Best: A+
- Fitch: A+
- Moody’s: A2
- Standard and Poor’s: AA-
Prudential has over 693 billion in managed assets and their global presence continues to open up new markets for their products. In the insurance industry, especially homeowners insurance, it is important to have a homeowners insurance policy with a financially stable company. The last thing you need if your home is damaged or lost is a company that cannot pay the claim.
Compare Prudential Homeowners Insurance Company Rates With Other Providers
To finish up your shopping, you will want to compare the rates of Prudential homeowners insurance company with the other insurance companies at the top of your list. In the past, you would have to pay a visit to the local insurance office or place a call to each office to get your quotes. Now, all that is required is a visit to one website that offers multiple homeowners insurance quotes. There are many sites that offer this service and they use secure servers to protect your information. In a matter of minutes you can have three to five rate quotes at your fingertips to decide just which homeowners insurance company is best for you.