Amica is a budget-friendly insurance company, earning a 3.4/5 rating from WalletHub editors and good scores from organizations such as J.D. Power and the Better Business Bureau (BBB). Amica offers a wide range of coverage options, including auto insurance, home insurance, life insurance, condo insurance, renters insurance, flood insurance, small business insurance, and more. It has a lot of discounts, too.
Amica Life Insurance does business in 49 states (all but Hawaii), but Amica’s auto coverage and other types of insurance are available only in select states. In the sections below, you can learn more about Amica’s insurance coverage options and how they compare with the company’s top competitors.
Amica Insurance Reviews and Ratings
- Reviews on WalletHub: 3.1/5
- J.D. Power: 4.2/5
- NAIC: 1.41
- BBB: A+
- A.M. Best: A+
When it comes to financial strength, Amica has an A+ (superior) rating from A.M. Best., one of the nation’s leading credit rating agencies for the insurance industry.
However, when it comes to customer reviews and ratings, Amica gets an average rating compared to its top competitors. Plus, Amica’s NAIC rating is 1.41, which means the company has received more complaints than its industry peers. Consumer complaints about Amica focus on overall poor customer service, as well as unexpected surcharges, delays in claims payments and unsatisfactory settlements. The high number of complaints lost Amica points in this category.
Amica Auto Insurance Quotes
|Driver Profile||Average Quote|
|18-Year-Old||$224 / month|
|21-Year-Old||$129 / month|
|45-Year-Old with a Speeding Ticket||$72 / month|
|45-Year-Old with a DUI||$191 / month|
|55-Year-Old||$54 / month|
Amica is one of the more affordable auto insurance companies you’ll find. The company received a score of 20/30 in the cost portion of this review, as its premiums rank in the second quartile among the cheapest major car insurance providers that WalletHub evaluated. Learn more about WalletHub’s Methodology.
Types of Amica Insurance Policies
- Auto insurance
- Homeowners insurance
- Condo insurance
- Renters insurance
- Umbrella insurance
- Marine insurance
- Life Insurance
- Small business insurance
- Retirement insurance
- Flood insurance
- Pet Insurance
- Wedding/special event insurance
Since Amica offers a wide variety of insurance options, the company scored well in this category. There are also generous discounts for bundling policies.
As an auto insurer, Amica offers all the basic car insurance coverage options: property damage liability, bodily injury liability, medical payments, personal injury protection, uninsured/underinsured motorist, collision, and comprehensive. It also offers several supplemental and specialty insurance options.
Supplemental Amica Car Insurance Coverage Options:
- Roadside Assistance: Covers the cost of towing, jump-starts, flat-tire repairs, fuel delivery, and locksmith services.
- Full Glass Coverage: Covers the cost of glass repair/replacement services, helping you avoid a deductible payment.
- Rental Reimbursement: Covers the cost of a rental car after an accident (up to $20 per day, $600 total). Coverage limits vary based on a customer’s policy and location.
- Platinum Choice Auto®: Delivers extra protections and benefits, including accident forgiveness, full glass coverage, identity monitoring, and prestige rental coverage (up to $5,000 toward a rental if your car is being repaired due to a covered loss).
Amica also offers free protections and benefits for its customers. The availability of these extra perks varies by location.
Free Amica Car Insurance Protections & Benefits:
- Lock Replacement: Offers free lock replacement services for lost keys.
- Glass Repair: Provides free repair services for damaged glass, but it does not cover replacements.
- Air Bag Repair: Fixes a deployed air bag for free.
- Wage Reimbursement & Bail Bonds: Provides reimbursement of lost wages if you have to appear in court, along with $1,000 for bail bonds.
- Depreciation Protection: Protects a new vehicle from depreciation if it is completely totaled in an accident within the first year of ownership. Not available in all states.
While Amica does not offer special ridesharing or commercial auto insurance coverage, the company does offer insurance policies for boats and motorcycles.
Amica Insurance Discounts
- Multi-vehicle discount
- Multi-line discount
- Loyalty discount
- Claim-free discount
- Homeownership discount
- Legacy (family) discount
- Paid in full discount
- AutoPay discount
- E-discount discount
- Anti-theft discount
- Electronic stability discount
- Passive restraint discount
- Forward collision warning discount
- Adaptive headlight discount
- Defensive driver training (adult drivers) discount
- Driver training (young drivers) discount
- Good student discount
- Away at school discount
- Home alarm system discount
- Automatic detection services discount
- New/remodeled home credit discount
With more than 15 discounts available, Amica scored well in this category. Just remember that not all discounts are available in all states, and the rates can vary by location.
With that being said, Amica’s “dividend” policies can be confusing. Being a mutual insurance company, Amica can return a certain percentage of customers’ annual premium payments in the form of dividends. The dividend payments average 5% to 20% of your annual premium, depending on the year. However, such payments are not guaranteed, and this policy option is not available in all states, like Amica’s discounts.
Amica Insurance Claims
Amica lets customers file a claim online or over the phone 24/7 (800-242-6422), so it got the highest score possible in this category, per WalletHub’s grading criteria.
Amica Insurance Transparency
You can find key information on the Amica website quickly and easily, so it got the top score in this category.
Amica is a solid, affordable insurance company, and it earned good scores from WalletHub for the number of discounts it offers, its claims handling process, and the types of insurance options available. In addition to auto insurance policies, Amica offers standard homeowners insurance, business insurance and life insurance options. There are even coverage packages available for pets, special occasions and retirement planning. Amica’s straightforward website also makes for an easy insurance shopping experience. However, the company could make improvements when it comes to customer service. All in all, WalletHub’s editors give Amica insurance a rating of 3.4/5.
Summary: Amica Scores by Review Category
|Customer Service & Reviews||25/30|
|Types of Insurance and Additional Service Offered||0/5|
Now that you’re familiar with how Amica scores in each of our review categories, let’s see how it compares to top competitors in a handful of key areas. Hopefully, this will help you find the best insurance company for your needs.
Amica Auto Insurance vs. Competitors
|Average Annual Premium*||$1,071||$2,501||$626||$1,071|
|Number of Car Insurance Discounts||18||15||16||11|
|Offers Home Insurance||Yes||Yes||Yes||Yes|
|Complaints Score (lower is best)||1.41||1.54||1.34||1.28|
*Average annual premiums are based on a variety of driver profiles. Individuals premiums may differ, but these rates illustrate how costs from these insurers typically compare. Learn more about how these rates were calculated in the methodology section below.
For more car insurance research, check out WalletHub’s Cheap Car Insurance Study. And if you have experience with Amica auto insurance that you think might help other consumers, you can also write an Amica insurance review.
In order to provide fair, helpful reviews of insurance companies such as Amica that can lead consumers to the best insurance coverage for their needs, WalletHub rates each insurance company in seven major categories: Cost, Insurance Types, Customer Service & Reviews, Discounts, Claims, Financial Stability and Transparency. Below, you can find an overview of what each section in our scoring rubric entails.
- The “Cost” section includes information about how expensive the insurance policies are. Amica’s average premiums and quartile rankings are based on data from New Jersey, one of the largest states Amica operates in. Rate information is provided by Quadrant Information Services. Individual rates will be different.
- The “Insurance Types” section examines what types of insurance policies the company offers.
- The “Customer Service & Reviews” section measures the insurance company’s reputation as well user reviews and information from watchdog organizations.
- The “Discounts” section examines how many and what types of discounts the company offers. It also takes into consideration whether or not there are discounts for bundling policies.
- The “Claims” section examines the ways in which customers can make claims with the policy. It considers whether or not customers can make claims by phone or online, as well as whether or not the company has a 24/7 support line.
- The “Financial Stability” section considers the company’s status with credit rating agencies A.M. Best, S&P and Moody’s.
- The “Transparency” section measures how clearly the insurer discloses key information on its website.
The final score takes these seven categories into account and reflects how close an insurance company is to WalletHub’s definition of a 5-star insurer. For more information, please read WalletHub’s full insurance company methodology.