What is the rating of Tower Hill insurance?
Tower Hill ratings, reviews, customer satisfaction and complaints
Organization | Tower Hill rating |
---|---|
AM Best financial strength rating (Tower Hill Prime) | B++ (Good) |
Demotech financial strength rating (Tower Hill Preferred) | A (Exceptional) |
Demotech financial strength rating(Tower Hill Signature) | A (Exceptional) |
Is Tower Hill insurance exchange good?
What is Tower Hill Insurance Exchange’s industry rating? The Exchange holds a Financial Stability RatingĀ® of A (Exceptional) from Demotech, Inc., as of December 27, 2021.
Is Tower Hill an admitted carrier?
Tower Hill Prime is an admitted property and casualty carrier headquartered in Gainesville, Florida. Previously, only Personal Lines products were available through the carrier.
What is Tower Hill Emerald endorsement?
Tower Hill has many coverage options available to customize your Tower Hill homeowners insurance policy. It offers an Emerald endorsement, which is a package of enhanced homeowners insurance coverage from Tower Hill.
Who is the owner of Tower Hill Insurance?
Company founder and former CEO, William Shively, retains an active role in Tower Hill as Executive Chairman.
Who is tower insurance underwritten by?
FinTel is a brand of Tower Insurance, and Tower has always been the underwriter behind the scenes. After many years of offering Kiwis simple and affordable insurance through the FinTel brand, we’ve decided to focus on serving our customers directly through Tower.
Who is the owner of Tower Hill insurance?
Is Tower Hill Insurance publicly traded?
Tower Hill is a privately owned organization comprised of three Florida-domiciled direct writers, an affiliate offshore reinsurer, a managing general agency (MGA), and two claims services companies. Tower Hill is one of Florida’s largest residential property insurers with approximately 6% market share.
What states does Tower Hill write in?
The takeaway
- Tower Hill Insurance is only available to homeowners in Florida.
- The company specializes in insuring high-value homes of $750,000 or more.
- Tower Hill has a high number of customer complaints and its financial strength is not as good as many competitors.
How long has Tower Hill been business?
In 1972, we opened as a small insurance agency in South Florida. Still owned by our founding family, Tower Hill has grown into one of Florida’s largest residential property insurers and has expanded into 16 additional states.
Is Tower Hill publicly traded?
Is Tower Hill insurance publicly traded? Tower Hill is a privately owned organization comprised of three Florida-domiciled direct writers, an affiliate offshore reinsurer, a managing general agency (MGA), and two claims services companies.
What happened tower insurance?
In a story that aired on NBC New York, AmTrust took Tower’s profitable books of business: the commercial and personal liability policies were transferred to AmTrust affiliates, while thousands of active insurance claims against Tower (not-profitable) were given to a company called CastlePoint.