- Wide range of discounts available, some automatically applied
- Very broad spectrum of additional coverages and policies
- Great job at handling claims
- Fast and efficient customer service
- Only available in the Northeastern US
- Known for denying coverage to homes that present more of a risk
- Can only accept certain payment methods online
Knowing who to trust for your homeowners insurance is very important. When you select a company, you need to know they will have your back. If you are located in the Northeast, Bunker Hill is a company that many rely on for homeowners insurance. You can get a policy if you are located in Connecticut, Massachusetts, New Hampshire, New Jersey, New York, and Pennsylvania. They offer coverage for homes that are owned, condos, and apartments. Bunker Hill is part of Plymouth Rock Assurance Corporation.
Types of Bunker Hill homeowners insurance coverage
Bunker Hill is known for being a great option for those who are looking for comprehensive coverage. They offer a wide range of coverages that will truly help to maximize your protection.
They offer three different types of policies that range from basic coverage, better coverage, and the best coverage. You have the option to upgrade your policy from standard coverage to “Smart Choice” or “1775” coverage. Each policy increases in coverage amount allowing you to protect specialty items or insure your home for 150% of its value. These add-ons are quite competitive for a company of Bunker Hill’s size. It is stated that the individual coverages that are included can vary based on which state you live in.
- Their policies include the basics such as dwelling coverage, protection for your personal belongings, and personal liability coverage.
- If you experience a catastrophic loss, Bunker Hill covers unexpected costs that can arise during the process of rebuilding.
- If building codes require you to update your dwelling, Bunker Hill is also known for being able to help homeowners with these costs.
- If you have any valuable or collectible items, Bunker Hill offers coverage for these more expensive articles of personal property.
- They offer you coverage in case your identity is stolen. This includes any expenses that must be paid as a result of the identity theft.
Bunker Hill homeowners insurance discounts
There are many discounts offered by Bunker Hill that can help you save money on your homeowners insurance. Some of these discounts are automatically applied upon the initial purchase of your policy.
- If you are a new customer, you receive a discount for signing up.
- If your home was built within the last 100 years, you receive a newer home discount.
- If you remain claims-free for a period of five years, you are given a discount.
- If you get a quote up to one week before purchasing a policy, you get a discount.
Other discounts you qualify for can also be applied to your policy. When working with Bunker Hill it is recommended to ask about these additional discounts to save money.
- Having a home equipped with smoke and burglar alarms
- Being a member of a Plymouth Rock group
- Having central fire alarms and sprinklers
- Choosing to handle billing electronically
- Bundling multiple policies: you can bundle auto policy from Plymouth Rock and Bunker Hill’s homeowners insurance
Bunker Hill offers customers many ways to save money that begin automatically. This makes it easy for individuals to find lower rates on homeowners insurance. It is always worth asking about the additional discounts offered because there are so many of them.
Additional coverages and endorsements
Bunker Hill is well-known for offering superior protection for your home. They have many different coverages and other policies that can be purchased to further increase your base coverage.
No matter what type of homeowners insurance policy you select with Bunker Hill, they allow you to add these additional coverages if you find them necessary.
Cybersecurity
This coverage can be purchased to protect you from any cyber threats and even cyberbullying. It is offered in each of the covered states except for New York.
Utility Lines
This will pay for any physical damage caused by utility line leaks or damage. It is a great coverage as it is often excluded from standard homeowners policies.
Identity Protection
In case your identity is stolen, Bunker Hill offers you coverage to get back on your feet. They also give you a way to check the security of your identity at any time.
Equipment Breakdown
In case an appliance in your home breaks down or needs to be replaced, equipment breakdown coverage will protect you. It includes all of the appliances inside your home.
Flood Insurance
This is a separate policy that Bunker Hill offers to protect you from flooding, a known exclusion on homeowners insurance policies.
Umbrella Insurance
If you want extra liability protection across all insurance policies you have in place, an umbrella policy is a great solution. This coverage is often offered at a standard $1 million limit and higher.
Pet Insurance
If you have a pet, making sure they are protected is also important. Bunker Hill offers insurance policies specifically for your pet.
Bunker Hill home insurance premiums
Getting a quote from Bunker Hill is easy. They have online quoting tools that can allow you to choose all the coverages you would like and receive an instant rate. Many customers state the pricing is fair and affordable. This is especially true when all of the applicable discounts are applied.
There is not much information given on average pricing when it comes to Bunker Hill homeowners policy. This is likely because they offer so many additional coverages that the costs will vary. The best way to get an estimate is to specify exactly what you are looking for in terms of coverage.
A lot of people have claimed to save money by going with Bunker Hill and are happy with their homeowners insurance rates. It is a great company to remain loyal to as the discounts are broad and apply to many.
Bunker Hill customer reviews about claims
If you need to file a claim, Bunker Hill makes this easy to do online. There is a form to complete on the website and a way to track the claim after it has been filed. It is simple to see the status of your claim online.
Customers who have filed claims are very happy with the way that Bunker Hill handles them. Many have stated the process was easy and fast. They received payments efficiently and had little stress surrounding the experience.
Their website offers helpful bullet points that tell you what to do in case of certain situations. They aim to guide you in the right direction so you can file your claim as soon as possible. This will allow them to assign you a claims adjuster quickly.
If you are not comfortable filling out the information online, there is a number you can call to file your claim. You are able to talk to a live person who will walk you through the process of filing.
Customer service
According to reviews, many praise Bunker Hill for being very quick and efficient. From routine policy changes to questions about coverage, a lot of reviews claim that the team is very easy to work with and also knowledgeable.
There have been a few reports of denied coverage based on the location of certain homes, so some customers are unable to get coverage through Bunker Hill if they are located close to water risks. Others have also stated that Bunker Hill only accepts certain credit cards online, which can present a few issues when trying to pay for insurance.
The financial standing of Bunker Hill
As a company, Bunker Hill appears to be stable. This is important when choosing an insurance company because it eliminates the risk of a company becoming insolvent due to an excess of claims or complaints.
BBB
Through the Better Business Bureau, Bunker Hill holds an A+ rating. There are currently no reported claims on record for the company.
AM Best
Bunker Hill has earned an A- through AM Best, which qualifies as an excellent rating. The future outlook of the company also appears stable.
Bunker Hill history and overview
Bunker Hill is a relatively small company that was founded just over 20 years ago. When it comes to regional insurance providers, Bunker Hill is quite young. They were founded in 1996 in Boston, Massachusetts where they continue to host their headquarters. Bunker Hill started by offering policies mainly in the state of Massachusetts but has since expanded to five more surrounding states. Bunker Hill themselves do not provide auto insurance, but they partner with Plymouth Rock to supply policies.
Because of its partnership with Plymouth Rock, Bunker Hill is able to offer quality discounts on its auto and homeowners policies. Bunker Hill is the insurance provider for over 40,000 homes in the New England area and continues to provide competitive prices for relatively good coverage. Their goal is to become the top insurance provider in their region so anyone looking to become a future policyholder with Bunker Hill should have a lot to look forward to. If Bunker Hill can continue to grow and develop, policyholders might have something to be excited about.
Bunker Hill provides insurance through independent agents in the Massachusetts and Connecticut areas. They are not a direct supplier and because of this, their premiums may go up compared to other regional companies. This will vary based on the agent as the commission will account for a price increase. To compensate for the possible premium increase, Bunker Hill offers something most insurance companies of this size cannot: a home and auto discount.
Bunker Hill is new to the insurance game but has quickly established itself as a competitive and interactive company. Bunker Hill promises quality service and immediate response to customer issues.
The verdict
There are many large insurance companies out there, and Bunker Hill holds its own ground when compared to the rest. They serve the Northeast region of the United States and offer quite a few comprehensive coverages to ensure their customers are protected to their liking.
A lot of the comprehensive coverages that are included with their base homeowners insurance policy are often not included by other companies. This makes them a great competitor in the insurance industry.
One of the most notable features Bunker Hill has to offer is the number of discounts that customers can receive. There are so many ways to save money on homeowners insurance when you choose to work with Bunker Hill.
Handling claims is a very important factor to keep in mind when choosing an insurance company, and it appears Bunker Hill excels at this. They are also efficient and easy to work with, as reported by satisfied customers.
If you have a home that is hard to insure or is older than 100 years, it might not be an option to work with Bunker Hill. They have been known to decline customers because of these reasons, as they see them as risks that they are unwilling to take on.
The company is financially stable and has a lot to offer when it comes to homeowners insurance products. They are among the top competitors in the local area because of this. Many people enjoy being loyal to Bunker Hill because of the benefits included.
