Many or all companies we feature compensate us. Compensation and editorial research influence how products appear on a page. Insurance Homeowners Insurance Amica Home Insurance Review Updated Apr 05, 2023 3-min read Reviewed by Jeff Gitlen, CEPF® Reviewed by Jeff Gitlen, CEPF® Expertise: Student loans, personal loans, home loans, insurance, credit cards Jeff Gitlen, CEPF®, is the director of content operations at LendEDU. He graduated from the Alfred Lerner College of Business and Economics at the University of Delaware. Learn more about Jeff Gitlen, CEPF® For most homeowners, property insurance is mandatory. Before a bank will issue a mortgage on a home, the prospective borrower is required to provide proof of insurance. Homeowners insurance provides two basic types of coverage: property and liability. The property portion of homeowners insurance covers damage for losses to the house itself and to items inside of the house. Liability coverage protects homeowners in the event that a person is hurt on the property. Homeowners insurance would cover the property damage such as the cost to clean up the mess caused by the flooding, as well as replacing the items that were damaged. Through liability, it would also pay for the medical treatment and other expenses of anyone injured because of the property. Amica Mutual Insurance Company is a small insurance company that offers a number of insurance products, including home insurance. It generally gets high marks for customer satisfaction. This Amica home insurance review will cover everything you need to know about this company. More About Amica Home Insurance Amica’s Platinum Choice Policy is among its most popular products. It includes additional coverage for liability and medical payments, business property and theft of valuables. It also includes credit card coverage, which will reimburse policyholders for unauthorized use of their accounts. Amica offers replacement cost reimbursement for their insureds, rather than depreciated value. That’s important because it allows homeowners to get the money that they need to replace their damaged or stolen items. For example, if your television was stolen, the depreciated value might be $200, but the cost to replace it might be $500. Many insurance companies only offer the depreciated value — leaving homeowners short several hundred dollars. By offering replacement cost, Amica gives homeowners more security. Amica also offers lock replacement at no extra cost. Its home repair assistance program is a network of 2,000 licensed and insured contracts who can be at your house within hours of an emergency. The price for Amica’s homeowners insurance policies varies, depending on a number of factors, including location and type of home. Amica does give discounts for alarm systems, having multiple policies, being claim-free, having a new or remodeled home, using an automatic payment plan, being a loyal customer, and having an automatic detection device. Amica is available in 49 states; it is not available in Hawaii. In addition to standard homeowners insurance, it also offers extra options like flood insurance, earthquake insurance, identity theft protection, and personal property insurance. These choices cost extra, but can add peace of mind. Applying for an insurance policy through Amica is simple. There is an online application process in which applicants simply fill out information about themselves, their home, and the level of coverage that they want. From there, Amica provides a quote, and the applicant can decide whether to accept coverage. Across the board, customers report a high rate of satisfaction with Amica. Consumer Reports surveyed Amica customers and found that it was one of the best in the industry for customer service. Customers stated that Amica handled claims quickly and without disagreements. They said their claims were paid quickly so that they could recover from whatever loss they experienced and move forward with their lives. Bottom Line While it is difficult to predict the cost of a home insurance policy, Amica has a reputation for affordable rates. It also is well-known for being an insurance company with strong customer service, which is rare in the insurance industry. In addition, with many options for adding protections to its policies, Amica has flexible insurance. However, customers should still shop around to get the best deal for their home insurance. There are many sites that allow consumers to compare rates, which can help savvy consumers find the policy that is best for them.