Cabrillo Coastal General Insurance Agency
Cabrillo Coastal General Insurance Agency specializes in residential property insurance for hurricane-exposed areas, offering a variety of policies and comprehensive coverage across multiple states.
Company Overview
Cabrillo Coastal General Insurance Agency specializes in residential property insurance for hurricane-exposed areas. The company offers a variety of insurance products, ensuring property owners have the necessary coverage to protect their homes from various risks. Their services are available in multiple states including Alabama, California, Delaware, Florida, Mississippi, New Jersey, New York, North Carolina, Rhode Island, South Carolina, Texas, and Virginia. Cabrillo Coastal leverages sophisticated pricing techniques, quality and timely claims handling, and careful reinsurance pricing to provide reliable insurance solutions.
Insurance Products
Cabrillo Coastal General Insurance Agency offers a comprehensive range of insurance products to meet the needs of their customers. Their offerings include the Homeowners Policy (HO3), Condominium Unit Owners Policy (HO6), Manufactured Homeowners Policy (MHO3), and Dwelling Fire Policy (DP3). Each product caters to specific types of residential properties, ensuring coverage for various risks such as fire, lightning, vandalism, water damage, theft, and wind. For manufactured dwellings, the Basic Form policy (MDP1) is designed to cover homes in tenant occupancy.
Claims Handling and Customer Service
Cabrillo Coastal General Insurance Agency partners with Harbor Claims to ensure fast and fair claims processing, with an average claim settlement time of 20 days. The company offers 24/7 claims handling and customer service support, aiming to acknowledge all claims within 24 hours of receipt. Most claims are settled in less than 30 days. The company’s easy-to-use online platform allows customers to make payments, report claims, and check claim status without needing a login, providing a convenient user experience.
Financial Stability and Carrier Partnerships
Cabrillo Coastal General Insurance Agency offers insurance through financially-secure carriers, including Safe Harbor Insurance Company, US Coastal P&C Insurance Company, and Orange Insurance Exchange. These partnerships ensure reliable coverage backed by sophisticated reinsurance. Several of the carriers have achieved a Financial Stability Rating® of A, Exceptional, from Demotech, Inc., reflecting their strong financial health and ability to pay claims. This stability offers peace of mind to policyholders, knowing their coverage is supported by robust and financially-sound entities.
Specialized Coverage Options and Discounts
Cabrillo Coastal General Insurance Agency provides specialized coverage options tailored to specific needs. For instance, they offer a Difference in Conditions (DIC) endorsement for HO3 policies in California to supplement the California FAIR Plan. In Florida, policyholders may qualify for premium discounts for hurricane loss mitigation efforts, encouraging improved property protection against hurricane damage. Additionally, they provide coverage for additional living costs if a home becomes uninhabitable due to a covered loss, ensuring policyholders have the necessary support during challenging times.