Is Electric a good insurance company?

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Asked November 23, 2011

1 Answer


Electric Insurance Company is a property and casualty insurance provider that offers personal and commercial insurance products, including auto, home, and business insurance. The company was founded in 1966 and is based in Beverly, Massachusetts. In terms of financial strength, Electric Insurance Company has an A (Excellent) rating from A.M. Best, an independent rating agency that evaluates the financial stability and performance of insurance companies. This rating suggests that Electric Insurance Company is financially stable and has the ability to meet its obligations to policyholders. Electric Insurance Company also has positive reviews from customers. The company has a rating of 4.4 out of 5 stars on Trustpilot, with many customers praising the company's competitive rates, helpful customer service, and efficient claims handling. However, some customers have reported issues with claims processing, which is a common issue with many insurance companies. Overall, Electric Insurance Company appears to be a reputable and financially stable insurance provider with positive customer reviews. However, as with any insurance company, it's important to carefully evaluate their offerings, customer service, and reputation before making a decision. It may also be helpful to compare Electric Insurance Company with other insurance providers to ensure that you are getting the best coverage at the best price.

Answered November 23, 2011 by Anonymous

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