Prime Insurance Company Reviews 2019 (Ratings, Complaints & Coverage). One of the options out there for commercial insurance coverage is Prime Insurance. The are one of the top providers of excess and surplus lines insurance coverage within the United States, meaning the offer products for specialty and declined risks from other carriers (higher risks, bad claims history etc...).
There are a lot of commercial insurance companies to choose from out there, but there are only a few of the largest ones that have been around for a while providing services to well-known companies and have been able to create a reputation that makes the consumer feel confident about giving them their money.
Prime Insurance is definitely one of those contenders, but it can still definitely be useful to do a full review of the company see can see how it stacks up the competition. Prime Insurance Company reviews are favorable online.
Check out Prime Insurance Company reviews, ratings, complaints & coverage for excess and surplus general liability, workers compensation and other small business insurance commercial policies.
The history of Prime Insurance Company goes back around 30 years. Today, the company specializes in excess and surplus insurance lines. They are focused on providing specialty insurance and for underwriting high risks that other insurance companies will not take on.
The reason that Prime is so well known among businesses of this type is that they are almost literally the only solution to turn to for these types of insurance plans. If it wasn't for Prime willing to take on the risk and believe in the company's need for the insurance, then it would likely be that these companies go uninsured or self-insure their risk exposures.
Prime started catering to these customers approximately 30 years ago. They have been able to grow through the years, even though they are in a rather unconventional business than many other types of insurance companies. The fact that they underwrite very special types of incidents including those that are risky and that other insurance companies will not touch.
They are currently available in all 50 states in the United States and are rated the letter "A" which is "Stable" by the financial rating company A.M. Best. Prime has expanded a great deal, particularly in the last decade, and they offer many different types of insurance today. The Prime Insurance Company reviews for E&S policies are strong.
Prime's consumer product line is actually quite extensive. Some of the specialized types of insurance products that they offer include:
Prime Insurance Company reviews are hard to find for it's personal lines offerings.
The commercial section of this company also contains quite a few products including two of it's most popular offerings:
Prime Insurance Commercial Auto
Prime Insurance Commercial Liability
Prime Insurance Company reviews are decent for it's commercial lines products.
The network of Prime brokers and spread all across the United States with some of their offices being in Chicago, Illinois; Sandy, Utah; Van Wert, Ohio; Roselle, Illinois; Lakewood, New Jersey; Surrey, British Columbia, Canada; Liberty, Missouri and lots of other locations.
Prime Insurance Company reviews are above average. The Better Business Bureau gives them an A+ rating and other review sites give them at least three stars.
They have three main offices:
Other related companies: Claims Direct Access (CDA), Evolution Insurance Brokers (EIB), Greenlight Premium Finance Company, Prime Property & Casualty Insurance Company Inc. (PPCI), Risk Management Direct (RMD), The Prime Insurance Group and Underwriters Direct Access (UDA).
The bottom line is the Prime Insurance is extremely good company with a great reputation. They are obviously not going to be the insurance company for everyone, and they do have a somewhat limited presence.
They are available through their brokers and agents in most parts of the United States, and Prime Insurance Company reviews are generally good.