Tower Hill Insurance Review in 2023
Tower Hill Insurance started life as a little Southern Florida insurance company in 1972. That insurance company later developed into Tower Hill Group, a consortium of five Florida property insurers, under the leadership of Tower Hill’s founding family (the Shively).
Tower Hill Insurance now provides protection for more than 1.7 million Florida homes while also employing 400 people and working with 850 independent insurance brokers. They are currently extending their Specialty offering into new states.
Over the past 50 years, Tower Hill Insurance has continually changed and expanded. This Gainesville, Florida-based business seems to have no intention of slowing down. Tower Hill Insurance is still receiving favorable financial assessments. For instance, Tower Hill’s A- (Excellent) financial grade was confirmed by AM Best last year; this is unusual among Florida-based carriers.
Tower Hill Insurance has been recognized by the Better Business Bureau (BBB) since April 2013 and continues to hold an A+ rating. On the BBB website, 163 Tower Hill customer reviews have a 4.0 out of 5.0-star average.
Long-standing Florida property insurer Tower Hill Insurance provides coverage for single-family homes, condominiums, and floods. Mobile homes, small houses, rental properties, stilted homes, and empty properties are among the good possibilities for specialized insurance offered by the younger division, Tower Hill Specialty.
The majority of customer reviews for Tower Hill are favorable, while certain common claims issues including rejections and delays are raised. Overall, Tower Hill Insurance and its divisions appear to be making every effort to safeguard the most important investments of their clients.
Tower Hill Insurance is a Florida-based property insurance company that offers a variety of coverage options for homeowners, as well as insurance for condos, renters, and mobile homes. It’s important to note that the company primarily operates in Florida state, so It may not be an option for people living outside of that area.
Some of the types of coverage that Tower Hill Insurance offers include:
Homeowners insurance: Coverage for damage to the structure of your home, as well as personal property and liability protection.
Condo insurance: Coverage specifically designed for owners of condominiums, which typically includes personal property coverage and liability protection.
Renters insurance: Coverage for personal property and liability protection for renters. Mobile home insurance: Coverage for damage to mobile homes, as well as personal property and liability protection.
In addition to these standard coverage options, Tower Hill Insurance also offers a number of endorsements and add-on options, such as flood insurance, umbrella insurance, and coverage for valuable items like jewelry and art.
It’s always a good idea to read the company’s policy documents carefully and talk to the company’s representatives to get a sense of the coverage and service level provided by Tower Hill Insurance. You should also compare with other providers to make sure that you get the best policy for your needs and budget.