Amica Homeowners Insurance Review
Amica Mutual consistently ranks at the top of J.D. Power home insurance customer satisfaction studies year after year, often holding the number one position nationally. The mutual insurer’s homeowners coverage combines comprehensive protection options, the unique dividend policy program returning a portion of premiums to qualifying customers, and the industry-leading customer service that defines Amica across all product lines. For homeowners willing to pay slightly higher base premiums in exchange for superior service and dividend returns, Amica is among the most attractive homeowners insurance options available nationwide.
This guide reviews Amica homeowners insurance in detail including coverage options, pricing, claims experience, available discounts, and how the company compares to other major homeowners insurers.
Amica Homeowners Insurance Overview
Amica offers homeowners insurance across all 50 states and Washington DC. The company’s homeowners policies are well-regarded for comprehensive coverage, fair claims handling, and the dividend policy option.
Amica’s homeowners insurance is particularly attractive for customers who value top-tier service quality, want dividend policy benefits, and prefer direct customer service rather than commission-driven agent relationships.
Coverage Options Available
HO-3 Special Form Policy
Amica’s standard homeowners policy is the HO-3, which provides open-perils coverage for the dwelling structure and named-perils coverage for personal property.
HO-5 Comprehensive Form Policy
Amica offers HO-5 coverage that extends open-perils protection to personal property in addition to the dwelling structure.
HO-6 Condominium Insurance
Condo-specific coverage that addresses the split between unit owner responsibility and condo association master policy coverage.
HO-4 Renters Insurance
Renters insurance for tenants, providing personal property and liability coverage.
Mobile Home Insurance
Coverage for manufactured and mobile homes.
Tenant-Occupied Coverage
Amica offers landlord insurance for rental properties.
Standard Coverage Components
Dwelling Coverage
Amica dwelling coverage protects the physical structure of your home. Replacement cost coverage is standard. Extended replacement cost coverage available.
Personal Property Coverage
Personal property coverage typically defaults to a percentage of dwelling coverage. Replacement cost coverage is standard.
Other Structures
Coverage for detached garages, sheds, fences, and similar structures, typically set at 10% of dwelling coverage.
Loss of Use
Coverage for temporary living expenses if your home becomes uninhabitable, typically set at 20% of dwelling coverage.
Personal Liability
Coverage against lawsuits arising from incidents at your home. Standard limits start at $100,000, with higher limits up to $1,000,000+ available.
Medical Payments
Small no-fault coverage for guest injuries, typically $1,000 to $5,000 per person.
Identity Fraud Expense Coverage
Amica includes identity fraud expense coverage on homeowners policies, providing protection against identity theft costs.
Optional Coverage Add-Ons
Replacement Cost on Personal Property
Amica typically includes replacement cost coverage standard rather than as an add-on.
Extended Replacement Cost
Coverage that extends beyond the dwelling limit to cover unexpected rebuilding cost increases.
Scheduled Personal Property
Additional coverage for high-value items like jewelry, art, and collectibles beyond standard policy limits.
Earthquake Coverage
Optional earthquake coverage for homes in earthquake-prone areas.
Water Backup Coverage
Coverage for damage from sewer or drain backups, which is excluded from standard homeowners coverage.
Ordinance or Law Coverage
Optional coverage for costs of bringing your home up to current building codes during covered repairs.
Service Line Coverage
Coverage for damage to underground utility lines between the street and your home.
Equipment Breakdown Coverage
Coverage for mechanical breakdown of home systems like HVAC, water heaters, and appliances.
Amica Homeowners Insurance Cost
Amica homeowners insurance averages $1,400 to $2,000 per year nationally.
| Dwelling Coverage | Amica Average | National Average |
|---|---|---|
| $200,000 | $950 to $1,300 | $1,000 to $1,500 |
| $300,000 | $1,250 to $1,800 | $1,300 to $2,000 |
| $400,000 | $1,650 to $2,400 | $1,700 to $2,700 |
| $500,000 | $2,050 to $3,100 | $2,100 to $3,400 |
| $750,000+ | $2,800 to $4,800+ | $3,200 to $5,000+ |
When factoring in the dividend policy returns (5% to 20% of premiums), Amica’s effective net cost becomes significantly more competitive against other major insurers.
Available Discounts
Dividend Policy Premium Return
The Amica dividend policy returns 5% to 20% of premiums to qualifying customers annually.
Multi-Policy Bundling Discount
Bundling homeowners with Amica auto insurance produces meaningful savings on both policies.
Loyalty Discount
Long-term Amica customers qualify for loyalty-based discounts.
Claim-Free Discount
Customers maintaining claim-free histories receive substantial discounts.
New Home Discount
Newly constructed homes typically qualify for substantial discounts.
Recently Renovated Home Discount
Homes with recent renovations may qualify for discounts.
Protective Device Discount
Homes with smoke alarms, fire extinguishers, security systems, and similar safety features qualify for premium discounts.
Home Security System Discount
Homes with monitored security systems qualify for additional discounts.
Auto Pay Discount
Setting up automatic premium payments qualifies for savings.
Electronic Document Discount
Customers who agree to electronic document delivery qualify for a discount.
Higher Deductible Discount
Choosing a higher deductible reduces your premium.
Claims Experience
Amica’s homeowners claims process is consistently ranked among the best in the industry:
24/7 Claims Filing
Claims can be filed any time through the mobile app, website, or phone at 1-800-242-6422.
Top-Ranked Customer Satisfaction
Amica consistently ranks #1 in J.D. Power home insurance claims satisfaction studies.
Direct Claims Service
Claims are handled by experienced Amica claims adjusters.
Photo-Based Estimating
Many property damage claims can be estimated through photos, speeding the process.
Fast Resolution Times
Amica homeowners claims are typically resolved faster than industry averages.
Pros and Cons of Amica Homeowners Insurance
Pros
- Consistently #1 ranked J.D. Power customer satisfaction
- Dividend policy option returns 5% to 20% of premiums
- A+ (Superior) financial strength rating
- Identity fraud expense coverage included
- Comprehensive coverage options including HO-5
- Strong bundling discounts
- 117+ years of operational history
- Available in all 50 states + DC
- Mutual ownership structure aligns customer and company interests
- Replacement cost coverage standard
Cons
- Slightly higher base premiums than some competitors
- No local agent presence (direct service model)
- Dividend returns not guaranteed
- Some specialty coverages may have limited availability
- Less aggressive marketing for new customers
How Amica Compares to Other Major Insurers
| Insurer | Average Annual Premium ($300K Coverage) | Strengths |
|---|---|---|
| USAA (military families) | $1,300 | Military focus, ratings |
| Erie Insurance | $1,300 | Customer satisfaction, standard coverage |
| Auto-Owners | $1,350 | Claims satisfaction, Common Loss Deductible |
| State Farm | $1,500 | Bundling, local agents |
| Amica Mutual | $1,500 | #1 satisfaction, dividend policy, identity fraud included |
| American Family | $1,500 | Loyalty Rewards, smart home |
| Nationwide | $1,600 | Brand New Belongings |
| Travelers | $1,650 | Decreasing Deductible |
| Farmers | $1,700 | Tiered coverage |
| Allstate | $1,750 | Unique features |
| Liberty Mutual | $1,800 | Customization options |
Who Should Choose Amica Homeowners Insurance?
- Customers valuing top-ranked customer satisfaction
- Households wanting dividend policy returns
- Households bundling auto and home insurance
- Customers preferring direct service over agent relationships
- Long-term homeowners benefiting from loyalty programs
- Customers wanting identity fraud expense coverage included
- Households comfortable with slightly higher base premiums for superior service
Who Should Look Elsewhere?
- Military families who qualify for USAA
- Customers seeking absolute lowest base premium
- Households wanting local agent relationships
- Customers in states with strong regional insurers offering better pricing
- High-value home owners needing specialty insurer coverage
How to Get the Best Amica Homeowners Quote
Ask About the Dividend Policy
Specifically request information about the dividend policy option for homeowners coverage.
Bundle Auto and Home
Combining auto and home with Amica produces meaningful bundling discounts.
Apply All Available Discounts
Ask Amica specifically about every available discount.
Set Appropriate Deductibles
Higher deductibles reduce premiums significantly.
Consider Extended Replacement Cost
This optional coverage protects against unexpected rebuilding cost increases.
Add Service Line Coverage
Coverage for underground utility lines provides protection against expensive repairs.
Compare Against Other Carriers
Comparing rates ensures competitive pricing. The team at Matrix Insurance can help compare Amica against other top carriers.
Our broader guide on what is homeowners insurance provides additional context for evaluating any homeowners policy.
Frequently Asked Questions
Is Amica homeowners insurance worth it?
For households valuing top-tier service quality and dividend returns, yes. The slightly higher base premium is typically offset by dividend returns and superior service.
Does Amica offer earthquake insurance?
Yes. Amica offers earthquake coverage as an endorsement in earthquake-prone states.
How much does Amica homeowners insurance cost per month?
Monthly costs typically range from $80 to $260 for most homeowners depending on home value, location, and coverage levels.
Does Amica cover roof replacement?
Yes. Amica covers roof replacement when damage results from covered perils.
Can I cancel Amica homeowners insurance?
Yes. Contact Amica customer service at 1-800-242-6422 to begin cancellation.
Does Amica offer flood insurance?
Yes. Amica sells flood insurance through the National Flood Insurance Program (NFIP).
What is Amica’s homeowners insurance phone number?
For customer service and claims: 1-800-242-6422, available 24/7.
The Bottom Line
Amica homeowners insurance is among the strongest options available in the U.S. market. The combination of consistently #1 ranked J.D. Power customer satisfaction, the unique dividend policy returning 5% to 20% of premiums annually, comprehensive coverage including identity fraud protection, A+ (Superior) financial strength rating, and 117+ years of operational history delivers exceptional value.
For homeowners willing to pay slightly higher base premiums in exchange for superior service quality and dividend benefits, Amica is one of the most attractive homeowners insurance choices available nationwide. The mutual ownership structure provides confidence that the company prioritizes customer needs over shareholder profits.
The team at Matrix Insurance can help you compare Amica homeowners insurance against other top carriers. Use our Home Insurance Calculator for a starting estimate, or reach out to our team directly for a personalized quote comparison.
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