Safeco Homeowners Insurance Company

Safeco homeowners insurance company is one of the many reputable homeowners insurance companies you will most likely consider to insure your home. Safeco has a national presence and offers insurance for homeowners, renters, and landlords. As you shop, it is a good idea to look into the top insurance providers to find out which is the best option for you. Take a few minutes to learn a bit more about Safeco homeowners insurance company and then compare their rates to the other providers in your area.


Safeco Homeowners Insurance Company History

The history of Safeco homeowners insurance company can be traced back to Seattle, Washington in 1923. Hawthorne K. Dent sought to pioneer a new approach to insurance in the western U.S. He created the investor-owner stock company called The General Insurance Company of America Corporation. The goal was to offer better customer-service while still retaining competitive prices. In 1953, more products and competitive measures were put into place and the company changed names to Selective Auto and Fire Insurance Company of America (Safeco).

Safeco continued to add insurance and investment services to it product lines to expand business opportunities. In 1997, Safeco acquired the American States Financial Corporation to increase the amount of business insurance it could offer. Safeco then narrowed their focus in 2004 by selling their life and investment options to focus solely on property and casualty insurance. In 2008, Safeco became a part of the Liberty Mutual Group to solidify their financial stability.


Safeco Homeowners Insurance Company Policies

Standard Safeco homeowners insurance company policies will provide normal protections for your home. While flood and storm insurance may be necessary additions to your coverage, you will find the following items covered from the standard homeowners insurance perils.


  • Damage to dwelling
  • Damage to property
  • Damage to other’s property
  • Damage to secondary structures
  • Injury to visitors


Your policy can be tailored to your needs and changed as your needs change. Renovations or additions to your home may increase its value, so you can easily change the limits of your policy to cover the increased value. If you add more liability such as a specific type of pet or a pool, you can easily increase your liability limits.


Safeco Homeowners Insurance Company Additional Features

In addition to homeowners insurance, Safeco offers a complete line of insurance products. You can bundle these products together for added convenience and savings. Auto insurance, business insurance, umbrella insurance and boat insurance are all available. Safeco homeowners insurance company offers 24/7 claims service and promises to begin work by contacting those involved in your claim within 24 hours to speed up service. If you are a landlord, you can work with independent Safeco agents to get the right coverage for your properties.


Safeco Homeowners Insurance Company Financial Ratings

Safeco homeowners insurance company is backed by the Liberty Mutual Group and thus is provided financial protection from their strong financial status. The financial stability ratings attached to Safeco through Liberty Mutual are as follows.


  • A.M. Best: A (Excellent)
  • Moody’s: A2 (Good)
  • Standard & Poor’s: A- (Strong)


Liberty Mutual is a Fortune 100 company that is backed by 109 billion dollars in assets and a strong revenue stream.


Compare Safeco Homeowners Insurance Company Rates With Other Providers

To find out which homeowners insurance company is the best for you, take the time to compare rates. Safeco homeowners insurance company should be compared with the other top homeowners insurance companies in your area. Shopping around not only allows you to compare policies, customer service and financial stability, but also pricing to find the most affordable option for you. In just a few minutes, you can gather multiple homeowners insurance quotes to compare side by side the rates of competing companies. Where else can 15 minutes save you hundreds of dollars year after year?

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