Where does AAA do business?
AAA is an insurance carrier based in Livonia, MI. The company was founded in 1902 and offers flood insurance in 50 states (and Washington, DC). Flooding is the number oner natural disaster in the United States. According to FEMA floods cost Americans more than a billion dollars a year. However, standard homeowners insurance policies don't cover flood damage.
What types of coverage does AAA offer?
Flood insurance includes a variety of coverages. One of the best ways to saving money on your home insurance is to only pay for the coverage you need. There are two main types of flood insurance: policies offered by the National Flood Insurance Program (NFIP) and those provided by private companies, also known as excess flood coverage. AAA offers both types..
NFIP Flood Coverage: Flood insurance through the National Flood Insurance Progam has two basic policies. One that covers the building property up to $250,000 and one that covers personal property up to $100,000.
Excess Flood Coverage: Some carriers offer this policy to homeowners who need more than the $250,000 of dwelling coverage offered by NFIP flood insurance. Excess flood coverage can also provide additional protection for valuables or expensive home upgrades not covered by standard flood insurance.
- Dwelling Coverage: Also called "dwelling insurance." This is the part of your flood insurance policy that helps pay for the rebuilding or the repair of the physical structure of your home. Federal flood insurance has a maximum coverage of $250,000. If you have a mortgage, your lender may require you to apply for excess flood coverage.
- Other Structures Coverage: This covers structures on the residence premises separated from the dwelling by a clear space or connected to the dwelling by a fence, utility line, or related connection. Examples include a detached garage, tool shed, driveway, swimming pool, gazebo, or fence.
- Personal Property Protection: This insurance protects the items in your home, like your furniture. If they're damaged or lost, personal property coverage could help you cover the cost of replacing them. Federal flood insurance through the National Flood Insurance Progam maxes out at $100,000. If that doesn't cover the value of your personal property, consider buying excess flood coverage.
- Reimbursed Living Expenses: This coverage reimburses the insured for the cost of maintaining a comparable standard of living after following a flooding that exceeds the insured's normal expenses. For example, it could include an insured's motel bill while flood damage to the home is being repaired or replaced or until the insured moves to a permanent residence.
AAA customers can also add the following riders or endorsements to their home insurance policies:
- Sewage and Drain Backup Coverage: This coverage helps you repair water damage from overflowing drains and sewers, broken sump pumps, and damage that results from water moving from the ground up.
- Valuable Items: Valuable personal property coverage protects items such as expensive collections, engagement rings, watches, and other jewelry from theft, loss, or damage.
- Yard and Garden Coverage: This endorsement offers expanded coverage for items like trees, landscaping, tools, and riding lawnmowers.
How can you save money on a AAA home insurance policy?
When you ask for a quote with AAA, make sure you ask for all the discounts you qualify for. These are the property-specific discounts currently available.
Want more discounts? Check the discounts tab for a full list of general policy discounts you can qualify for with AAA.
What additional benefits does AAA offer?
AAA offers the following benefits to its customers:
- 24/7 Phone Availability: Customer service is staffed around the clock.
- Local Agents: Perfect for people who prefer the personal touch of a local insurance agent.
What is the financial strength rating of AAA?
The financial strength rating of an insurance company scores its ability to pay contracts and policies. Each agency has its own standards and rating scale and a company's rating can change any day. It's a good idea to check the financial rating of an insurance company before you purchase a policy. There are five main rating agencies. SuperMoney's financial strength rating is based, among other factors, on the average score from available ratings.
AAA scores an A+, SuperMoney's highest available rating.
17900 N. Laurel Park Dr.
Livonia, MI 48152 USA
- Visit Site
Other Services by AAA
- Washington, DC
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Rhode Island
- South Carolina
- South Dakota
- West Virginia
- Claims Free
- Higher Deductibles
- Flood Zone Designation
- Freeboard (Property Elevation Above BFE)
- Excess Flood (Private)
- Finished Basement Damage
- Flood Coverage (Federal)
- Loss of Income
- Sewage and Drain Backup Coverage
- Valuable Items
- Yard and Garden Coverage
- 24/7 Phone Availability
- Locally Available Agents
- Debris Removal
- Dwelling Coverage
- Other Structures Coverage
- Personal Property Protection
- Reimbursed Living Expenses