Tower Hill Insurance
Tower Hill Insurance Group was founded in 1972 in Florida for Floridians.
They offer Home insurance for Florida private residential homes and are one of Florida’s largest residential property insurers. Some insurance plans are available in 16 additional states as of 2016 however these plans are more limited compared to Florida. They are one of a few insurers to offer insurance coverage for mobile homes in Florida.
Tower Hill’s insurance plans include dwelling insurance for homeowners, renters insurance or tenants’ insurance, condo or unit owner insurance, and dwelling property insurance for landlords. Their home insurance plans are separated into their basic coverage level and two high-value home tiers. Policies can include coverage for Personal Possessions, Loss of Use, Personal Liability, and Medical Payments.
Tower Hill Insurance Group has a Nsure.com insurance carrier rating of 4 out of 5 stars based on our research.
They are known for offering superior customer service and popular home insurance coverage options for high-valued homes across Florida. An especially appealing feature of Tower Hill’s home insurance plans is their option for private flood insurance coverage. They are Better Business Bureau accredited and have a BBB Rating of “A+”.
Our carrier rating takes into account several factors about the insurer, our industry-experienced research, policyholder’s feedback, and other publicly available data. We also take into account the carrier’s financial stability, organizational structure, and history as well as their historical claims payout data to generate our comprehensive carrier profiles with a low to high rating of between 1 to 5 stars.
Tower Hill does not have an A.M. Best Credit Rating, a Credit Rating scoring opinion of an insurer’s financial strength and ability to meet their ongoing insurance policy and contractual obligations.
They have a Financial Stability Rating of “A or Exceptional” from Demotech Inc. for their long-term stability. Financial Stability Ratings (FSRs) are a leading indicator of the financial stability of Property and Casualty insurers.
AM Best is an independent insurance rating agency that provides credit ratings and financial data products for the insurance industry. Demotech Inc. specializes in providing ratings and detailed financial analysis of regional and specialty insurers.