Useful tips

Who owns Narragansett Bay Insurance Company?

Who owns Narragansett Bay Insurance Company?

Heritage Insurance Holdings, Inc.
Narragansett Bay Insurance Company (“NBIC”) is a wholly owned subsidiary of Heritage Insurance Holdings, Inc. (NYSE:HRTG) (“Heritage” or the “Company”). Heritage is a property and casualty insurance holding company headquartered in Clearwater, Florida.

What states does Narragansett Bay write in?

Narragansett Bay offers insurance products in homeowners, renters, and dwelling fire currently in these states: Connecticut, Delaware, Maryland, Massachusetts, New Jersey, New York, Rhode Island, and Virginia.

How long has Narragansett Bay Insurance company been in business?

Location of This Business

BBB File Opened: 8/3/2011
Years in Business: 40
Business Started: 5/31/1981
Business Incorporated: 5/31/1981
Type of Entity: Corporation

What is personal property replacement cost?

Replacement cost covers the cost to rebuild and does not include land. For example, you may be able to sell your home for $500,000, but it may only cost $250,000 to rebuild.

Where is the Narragansett Bay insurance company located?

The company currently provides homeowners coverage in Connecticut, Delaware, Maryland, Massachusetts, New Jersey, New York, Rhode Island, and Virginia – with plans to add additional states. Headquartered in Johnston, Rhode Island, Narragansett Bay Insurance offers its products and services through an extensive network of independent agents.

What are the flood limits for Narragansett Bay insurance?

The NBIC Flood Endorsement, when attached to the NBIC Homeowner policy offers the following: Flood limits matching homeowner policy limits (Coverages A, B, C and D) Replacement cost loss settlement on dwellings for both primary and secondary homes

How does shelterpride work for Narragansett Bay insurance?

During the ShelterPride process, personalized interior and exterior surveys are conducted to ensure policyholders have the correct amount of coverage based on replacement cost, are alerted to important safety risks and are getting the credits they deserve.

What kind of rating does Narragansett Bay have?

Narragansett Bay has been assigned (and reaffirmed) a Financial Stability Rating® (FSR) of “A, Exceptional” by Demotech, Inc., a nationally recognized financial analysis and actuarial consulting firm.