- Plenty of discounts offered
- A wide range of insurance products
- Additional coverage available
- Only for military families
- Mixed customer reviews
- Little information known about their financial stability
When it comes down to shopping for a homeowners insurance policy, knowing what you are getting is very important. This allows you to fully understand the coverage you have in place before you commit to a carrier. In case a loss occurs, you will always be prepared when you know how a company operates and how they are rated among customers. Armed Forces is a carrier that serves military families in all 50 states. They offer homeowners insurance, renters insurance, condo insurance, and flood policies.
Armed Forces homeowners insurance coverages
The Armed Forces website is full of useful information on its products. Aside from being able to get an instant quote online, you can also learn more about what is covered when you choose a homeowners insurance policy. They advise that your dwelling, other structures, personal property, personal liability, medical payments, and loss of use are all included.
There are ways you can customize your policy to best suit your needs. When you are being quoted, you are able to specify the amounts of coverage you would like and if you would like to include anything additional. This gives you the chance to build a policy you feel comfortable with.
Armed Forces homeowners insurance discounts
If you are looking for a discount on your homeowners insurance, you are able to find them with Armed Forces. They offer a variety of discounts that you may qualify for:
- Alarms: having central station fire and burglar alarms will earn you a discount through Armed Forces.
- New home: If you have recently purchased your home, you may qualify for a new home credit that will save you money on a policy.
- Gated community: you get a discount for living in a gated community or guarded community.
- Building code: Being up to building code is another way to earn a discount. Armed Forces can check to see where you rank in terms of effectiveness.
- Windstorm mitigation: Preparing ahead of time for any type of natural disaster is a great thing, so Armed Forces rewards you if your home is equipped with windstorm mitigation.
- New roof: If your roof has recently been replaced, you may qualify for a new roof discount.
- Companion policy: this discount is the equivalent of a multi-policy discount. When you hold more than one policy with Armed Forces, you get a discount.
Additional coverages available from Amed Forces
If you are interested in adding more to your homeowners policy, you have this option through Armed Forces. They offer a variety of different coverage that you can select to feel that you are even more thoroughly protected.
- Earthquake: A standard homeowners policy does not protect your home from earthquakes, but you can get this coverage in place through Armed Forces if you experience these natural disasters in your area.
- Flood: Similar to earthquakes, floods are also excluded from homeowners policies. You can get a flood policy in place to protect your home through Armed Forces.
- Animal liability: If you have an animal on the premises that happens to injure someone in your home, this coverage will fall into place. It is an important one to consider if you are living with a pet.
- Identity theft: in case your identity is stolen, this coverage will help to cover expenses that come up as you are trying to regain your identity.
- Water backup/sump pump: to be fully protected against water damage, you can get this additional coverage. It will kick in if the water damage happens as a result of water backing up through sewers or drains and even if water is discharged from a sump pump.
The carrier also states there are more additional coverages to choose from. The easiest way to see the full list would be to get a quote for your home. This will allow you to select from the full range of coverage being offered.
Amed Forces homeowners insurance premiums
When you choose a policy from Armed Forces, you can expect to pay around $1,513 annually for $300,000 worth of dwelling coverage. This is around 23% cheaper than the national average, giving Armed Forces a competitive edge. Also, keep in mind that many discounts are offered to get these rates even lower.
Armed Forces appears to be a great choice for those looking for low rates. They are known for keeping their rates down over the years and have many happy and loyal customers to back this. You can see how much you will end up paying by getting a quote through their website.
Claims experience
Taking a look at reviews online, it is clear that Armed Forces seems to step up during times of need. Customers who have had to file claims praise the company for being reliable and caring during these instances. They have great things to say about the claims process and getting paid after the event has taken place.
There are a few people who have had opposite experiences when trying to file claims. Some suggest that the company has outright denied claims and left them to deal with the occurrences on their own. These mixed reviews make it difficult to know how you might be treated when filing a claim through Armed Forces.
Customer service
The customer service reviews left for Armed Forces also appear to be mixed. There are several customers who seem very happy with the service and have been with the company for a long time. Then, there are people who suggest they do not get back to customers in a timely manner. Some people were left waiting for days just to get a quote.
Other people also complained that the company would not take them unless they made modifications to their backyard dog run. This shows that Armed Forces is fairly selective regarding who they insure, so it may not be the right choice for everybody.
Financial strength
BBB
Through the Better Business Bureau, Armed Forces has earned an A+ rating, though they are not accredited. They have 2 closed complaints on record over the last three years.
AM Best
Armed Forces is not rated by AM Best, leaving little known information regarding its financial strength as a company.
The verdict
Armed Forces appears to be a good choice if you are a military family looking for a low rate on your homeowners insurance. They do offer a great range of discounts, which will lower the premium even further. There are also many ways to customize a policy by adding some of the additional coverage they offer.
The reviews on the company are mixed, so it is unknown what your own experience is likely to reflect if you choose Armed Forces. There is a way to get a quote online, so you can do so to see how the carrier compares to others that are similar. There is little known about the company’s projected financial stability, but they appear to have minimal complaints through the BBB.
