Is Amica good at paying claims? This question is about Amica Insurance

Is Amica good at paying claims?

Answer Question Report Abuse

This question is about Amica Insurance

Leif Olson, Car Insurance Writer

@leif_olson_1 • 02/23/23 This answer was first published on 01/27/22 and it was last updated on 02/23/23.For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

Permalink Report Abuse

Amica is good at paying claims compared to the average insurance company, according to J.D. Power’s latest claims satisfaction survey. Amica scored 903 out of 1,000 for their claims process, compared to the industry average of 873 out of 1,000.

How Amica’s Claims Process Compares to Competitors

Company	Claims Satisfaction Score
Amica	903/1000
USAA	890/1000
The Hartford	869/1000
Geico	874/1000
Progressive	861/1000

Source: J.D. Power Claims Satisfaction Survey, 2022

It takes about 30 days, on average, for an insurer to pay out a claim, but this may vary depending on the circumstances. To ensure that your claim is handled as quickly as possible, be responsive and detailed when answering any questions your insurance company might have. If your claim is taking too long, you can contact your insurer directly or go to your state’s insurance regulator for help.

To learn more about the claims process, check out WalletHub’s guide to car insurance claims.

Answer Question

Is Amica a reliable insurance company?

Yes, Amica is a fairly reliable insurance company. Amica is in an “excellent” financial position to pay claims, according to AM Best, and its claims process has an above-average ranking from J.D. Power. However, Amica has more customer complaints than normal for a company its size, according to the NAIC.

Amica’s Reliability Scores

AM Best Financial Strength Rating: A+
J.D. Power Claims Process Score: 895/1000
NAIC Customer Satisfaction Score: 1.96...

read full answer

How long does it take for insurance to pay out for a car accident?

It usually takes 30 days for insurance to pay out after a car accident. Most car insurance companies try to resolve accident claims as quickly as possible, which typically leads to a payout within a month of a claim being filed. However, it might take longer depending on several factors, including the state, the type of claim being filed, and the severity of damage or injuries.

Some states have specific laws dictating how long...

read full answer

How long after a car accident can you file an insurance claim?

You could have as little as 30 days to file a car insurance claim, or you could have months or even two to three years. Your policy probably states that you should report an accident or possible claim right away, but reporting an accident is different than filing a claim. After “promptly” reporting, you’ll have some time to file the official claim. Check your policy or contact your insurer directly for exact deadlines.

If...

read full answer

WalletHub Answers is a free service that helps consumers access financial information. Information on WalletHub Answers is provided “as is” and should not be considered financial, legal or investment advice. WalletHub is not a financial advisor, law firm, “lawyer referral service,” or a substitute for a financial advisor, attorney, or law firm. You may want to hire a professional before making any decision. WalletHub does not endorse any particular contributors and cannot guarantee the quality or reliability of any information posted. The helpfulness of a financial advisor's answer is not indicative of future advisor performance.

WalletHub members have a wealth of knowledge to share, and we encourage everyone to do so while respecting our content guidelines. This question was posted by WalletHub. Please keep in mind that editorial and user-generated content on this page is not reviewed or otherwise endorsed by any financial institution. In addition, it is not a financial institution’s responsibility to ensure all posts and questions are answered.

Ad Disclosure: Certain offers that appear on this site originate from paying advertisers, and this will be noted on an offer’s details page using the designation "Sponsored", where applicable. Advertising may impact how and where products appear on this site (including, for example, the order in which they appear). At WalletHub we try to present a wide array of offers, but our offers do not represent all financial services companies or products.

Ask a Question

140

Ask Question

Ask Your Question

WalletHub Transparency

We are committed to being fully transparent with our readers. Opinions expressed here are the author’s and/or WalletHub editors'. WalletHub editorial content on this page is not provided, commissioned, reviewed, approved or otherwise endorsed by any company. In addition, it is not any company’s responsibility to ensure all questions are answered.