ASI Progressive Review

ASI Progressive is an insurance carrier based in Mayfield Village, OH. The company was founded in 1937 and offers flood insurance in 42 states (and Washington, DC). Flooding is the number one 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 ASI Progressive 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. ASI Progressive 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.

ASI Progressive customers can also add the following riders or endorsements to their home insurance policies:

How can you save money on a ASI Progressive home insurance policy?

When you ask for a quote with ASI Progressive, 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 ASI Progressive.

What additional benefits does ASI Progressive offer?

ASI Progressive offers the following benefits to its customers:

• Local Agents: Perfect for people who prefer the personal touch of a local insurance agent.

What is the financial strength rating of ASI Progressive?

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.

ASI Progressive scores an A or excellent, which is SuperMoney's second highest available score.