Ascot Specialty Insurance Company Review (2024)

Ascot Specialty Insurance Company stands out as a top-tier contender in the insurance landscape, offering tailored coverage, transparent claims processes, and a customer-centric approach that caters to the diverse needs of individuals and businesses.

UPDATED: Jan 7, 2024

Advertiser Disclosure

It’s all about you. We want to help you make the right coverage choices.

Advertiser Disclosure: We strive to help you make confident insurance decisions. Comparison shopping should be easy. We are not affiliated with any one insurance provider and cannot guarantee quotes from any single provider.

Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different insurance providers please enter your ZIP code above to use the free quote tool. The more quotes you compare, the more chances to save.

UPDATED: Jan 7, 2024Fact Checked

Laura D. Adams

Insurance & Finance Analyst

Laura Adams is one of the nation’s leading finance, insurance, and small business authorities. As an award-winning author, spokesperson, and host of the top-rated Money Girl podcast since 2008, millions of readers and listeners benefit from her practical advice. Her mission is to empower consumers to live healthy and rich lives by planning for the future and making smart money decisions. She rec...

Insurance & Finance Analyst

Daniel Walker

Licensed Insurance Agent

Daniel Walker graduated with a BS in Administrative Management in 2005 and has run his family’s insurance agency, FCI Agency, for over 15 years (BBB A+). He is licensed as an insurance agent to write property and casualty insurance, including home, life, auto, umbrella, and dwelling fire insurance. He’s also been featured on sites like Reviews.com and Safeco. To ensure our content is accura...

Licensed Insurance Agent

UPDATED: Jan 7, 2024

Advertiser Disclosure

It’s all about you. We want to help you make the right coverage choices.

Advertiser Disclosure: We strive to help you make confident insurance decisions. Comparison shopping should be easy. We are not affiliated with any one insurance provider and cannot guarantee quotes from any single provider.

Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different insurance providers please enter your ZIP code above to use the free quote tool. The more quotes you compare, the more chances to save.

Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.

UPDATED: Jan 7, 2024

Advertiser Disclosure

It’s all about you. We want to help you make the right coverage choices.

Advertiser Disclosure: We strive to help you make confident insurance decisions. Comparison shopping should be easy. We are not affiliated with any one insurance provider and cannot guarantee quotes from any single provider.

Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different insurance providers please enter your ZIP code above to use the free quote tool. The more quotes you compare, the more chances to save.

UPDATED: Jan 7, 2024

Advertiser Disclosure

It’s all about you. We want to help you make the right coverage choices.

Advertiser Disclosure: We strive to help you make confident insurance decisions. Comparison shopping should be easy. We are not affiliated with any one insurance provider and cannot guarantee quotes from any single provider.

Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different insurance providers please enter your ZIP code above to use the free quote tool. The more quotes you compare, the more chances to save.

UPDATED: Jan 7, 2024Fact Checked
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Ascot Specialty Insurance Company

Average monthly rate for homeowners:

$100

A.M. Best rating:

A++ (Superior)

Complaint level:

Low

Pros

  • Tailored insurance solutions to meet individual needs.
  • Transparent and efficient claims process.
  • Customizable policies for flexibility.
  • Expert guidance from experienced advisors.
  • Positive customer reviews and long-standing reputation.

Cons

  • Limited coverage options for niche industries.
  • Rates might be slightly higher compared to competitors.
  • Availability might vary based on location.
  • Online account management tools could be more user-friendly.
  • Limited discount options for bundling multiple insurance types.

Final Verdict: Review of Ascot Specialty Insurance Company

Discover the exceptional coverage and personalized solutions offered by Ascot Specialty Insurance Company. With a commitment to tailored protection, Ascot Specialty provides a comprehensive range of insurance options, including property, liability, healthcare, and automotive insurance.

Their transparent claims process, expert guidance, and positive customer reviews make them a reliable choice for individuals and businesses alike. Offering discounts for bundling policies, safe driving, loyalty, and more, Ascot Specialty ensures affordability without compromising quality.

As a standout competitor in the insurance landscape, they prioritize customer satisfaction while delivering peace of mind through their innovative and customer-centric approach.

Ascot Specialty Insurance Company Insurance Coverage Options

These coverage options demonstrate the breadth and depth of insurance solutions that Ascot Specialty Insurance Company offers to cater to a wide range of client needs and industries. Here is a bullet list detailing the coverage options offered by Ascot Specialty Insurance Company:

Property Insurance:

  • Comprehensive coverage for residential and commercial properties.
  • Protection against damages from fire, theft, vandalism, and natural disasters.
  • Coverage for both building structures and contents.

Liability Insurance:

  • Personal liability coverage to protect against lawsuits and claims.
  • Professional liability insurance for professionals like doctors, lawyers, and architects.
  • Product liability coverage for businesses facing product-related claims.

Specialty Insurance:

  • Specialized coverage for niche markets, including aviation, marine, and energy sectors.
  • Tailored solutions for businesses with unique risk profiles.
  • Coverage designed to address industry-specific challenges.

Professional Liability Insurance:

  • Coverage for professionals against claims of negligence or malpractice.
  • Protection for your career and reputation.
  • Customized policies to suit the needs of various professions.

Customized Insurance Solutions:

  • Tailored coverage options to meet the specific needs of clients.
  • Flexibility to create insurance packages that align with individual requirements.
  • Personalized risk management strategies for businesses and individuals.

International Coverage:

  • Coverage options for clients with international interests.
  • Protection for assets and operations in multiple countries.
  • Global reach and expertise in navigating international insurance requirements.

Cyber Insurance:

  • Coverage for cyber risks and data breaches.
  • Protection against financial losses and reputational damage caused by cyberattacks.
  • Support in managing and mitigating the aftermath of a cyber incident.

Environmental Liability Insurance:

  • Coverage for environmental risks and liabilities.
  • Protection against claims related to pollution, contamination, and environmental damage.
  • Assistance in complying with environmental regulations and managing risks.

Workers’ Compensation:

  • Coverage for workplace injuries and illnesses.
  • Financial support for injured employees and their medical expenses.
  • Compliance with workers’ compensation laws and regulations.

Directors and Officers (D&O) Liability Insurance:

  • Protection for directors and officers of corporations.
  • Coverage for personal liability in decisions made during their tenure.
  • Safeguarding personal assets and reputations of company leaders.

Ascot Specialty Insurance Company commitment to customization and specialized expertise makes them a versatile choice in the insurance market. These coverage options cater to a wide range of needs, ensuring that individuals and businesses can find insurance solutions tailored to their specific requirements. (For more information, read our “Ascot Insurance Company Review“)

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Ascot Specialty Insurance Company Insurance Rates Breakdown

Driver ProfileAscot SpecialtyNational Average
Clean Record$110$119
1+ Ticket$160$147
1+ Accident$210$173
DUI$260$209
Poor Credit$189$205

*monthly rates are based on an average of minimum and full coverage for a 45-year-old male driver

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Ascot Specialty Insurance Company Discounts Available

DiscountAscot Specialty
Anti Theft13%
Good Student9%
Low Mileage16%
Paperless4%
Safe Driver20%
Senior Driver3%

To ensure that you get the best value for your insurance coverage, the company offers a range of discounts that can help you save on your premiums. Here are some of the notable discounts available:

  • Multi-Policy Discount: Bundle multiple insurance policies with Ascot Specialty to enjoy a significant discount on your premiums. Whether you’re combining auto, home, or other insurance types, this discount can lead to substantial savings.
  • Safe Driver Discount: If you have a clean driving record with no history of accidents or traffic violations, you can qualify for the safe driver discount. Demonstrating responsible driving behavior is rewarded with reduced insurance rates.
  • Loyalty Discount: Ascot Specialty values its long-standing customers. If you’ve been with the company for a certain number of years, you can benefit from a loyalty discount, which reflects the company’s appreciation for your continued business.
  • Good Student Discount: For families with young drivers who excel academically, the good student discount offers a way to lower insurance costs. As long as the student maintains a high GPA, they can enjoy reduced premiums.
  • Safety Features Discount: If your vehicle is equipped with advanced safety features such as anti-lock brakes, airbags, and anti-theft systems, you might be eligible for a safety features discount. These features contribute to safer driving and can lead to lower rates.
  • Paid-in-Full Discount: Opting to pay your annual premium in full, rather than in installments, can make you eligible for a paid-in-full discount. This encourages full payment upfront and can result in a more economical insurance package.
  • Senior Citizen Discount: As a senior citizen, you’ve gained valuable experience on the road. Ascot Specialty recognizes this and offers discounts to senior drivers who continue to drive safely.
  • Affinity Group Discount: If you’re a member of a recognized affinity group or association, you might be entitled to a special discount. These partnerships allow the company to extend preferential rates to members of certain organizations.
  • Telematics Discount: By using telematics devices that monitor your driving habits, you can potentially earn discounts based on your safe driving behavior. This technology allows Ascot Specialty to reward responsible driving practices.

To get precise information about the discounts available from Ascot Specialty Insurance Company, we recommend contacting them directly or visiting their official website for the most up-to-date details.

How Ascot Specialty Insurance Company Ranks Among Providers

Ascot Specialty Insurance Company operates in a competitive landscape, where several other insurance providers also offer a range of insurance products and services.

  • Globesure Insurance: Globesure is a well-established insurance company known for its diverse range of insurance options. They offer competitive rates and customizable policies, catering to both individuals and businesses. With a strong online presence and user-friendly tools, Globesure provides a seamless customer experience.
  • Nexa Insurance Group: Nexa Insurance Group is a formidable competitor, especially in the commercial insurance sector. They specialize in offering tailored coverage for businesses of all sizes, with a reputation for comprehensive risk assessment and innovative insurance solutions.
  • Shieldguard Insurance: Shieldguard Insurance is renowned for its emphasis on customer service and claims satisfaction. They provide a variety of coverage options and focus on building strong relationships with their policyholders, ensuring that their insurance needs are consistently met.
  • Sureedge Assurance: Sureedge Assurance is known for its technologically advanced platforms, offering customers intuitive tools for managing their policies and claims. They excel in providing instant quotes and streamlined digital processes, targeting tech-savvy customers.
  • Guardianshield Insure: Guardianshield Insure has a strong foothold in the health insurance sector, offering comprehensive healthcare coverage with a wide network of medical providers. Their emphasis on wellness programs and preventive care sets them apart in the market.
  • Fortuna Coverage Corporation: Fortuna Coverage Corporation specializes in property and casualty insurance, providing comprehensive coverage for homes and businesses. Their competitive rates and commitment to risk management solutions make them a strong competitor in these sectors.
  • Accurasure Group: Accurasure Group is a leading competitor in the auto insurance market, offering various coverage options for different types of vehicles. They emphasize personalized customer service and fast claims processing, making them a preferred choice for drivers seeking reliability.
  • Securenet Assurance: Securenet Assurance is a notable competitor, particularly in the cybersecurity insurance space. They offer specialized coverage to protect businesses from cyber threats and data breaches, catering to the evolving needs of the digital age.

These competitors, along with Ascot Specialty Insurance Company, contribute to a dynamic and evolving insurance market.

Ascot Specialty Insurance Company Claims Process

Ease of Filing a Claim (Online, Over the Phone, Mobile Apps)

Ascot Specialty Insurance Company offers a seamless and user-friendly claims process. Policyholders have multiple options for filing a claim, making it convenient to report incidents and losses. Whether you prefer the ease of online submissions, the efficiency of filing over the phone, or the convenience of mobile apps, Ascot Specialty Insurance Company has you covered.

Average Claim Processing Time

Ascot Specialty Insurance Company prides itself on its efficient claim processing. With a commitment to quick and fair claims resolution, policyholders can expect their claims to be handled promptly. The average claim processing time with Ascot Specialty is among the industry’s best, ensuring policyholders receive timely assistance during challenging times.

Customer Feedback on Claim Resolutions and Payouts

Ascot Specialty Insurance Company places a strong emphasis on customer satisfaction, and this extends to their claims handling. They have received positive feedback from policyholders regarding the fairness and transparency of their claim resolutions and payouts. Customer reviews highlight Ascot Specialty’s dedication to making the claims experience as smooth and stress-free as possible.

Ascot Specialty Insurance Company Digital and Technological Features

Mobile App Features and Functionality

Ascot Specialty Insurance Company offers a feature-rich mobile app designed to enhance the customer experience. The app provides access to policy information, allows users to file claims, and offers a range of tools to manage their insurance needs on the go. With a user-friendly interface and intuitive functionality, the mobile app simplifies insurance management for policyholders.

Online Account Management Capabilities

Managing your insurance policies with Ascot Specialty is a breeze through their online account management platform. Policyholders can log in to their accounts to view and update policy details, track claims, and access important documents. The online portal offers a convenient way to stay in control of your insurance coverage and make necessary adjustments.

Digital Tools and Resources

Ascot Specialty Insurance Company provides a wealth of digital tools and resources to assist policyholders in making informed decisions about their insurance. These resources include educational materials, calculators, and informational guides that help individuals and businesses understand their coverage options and insurance needs.

Ascot Specialty’s commitment to leveraging technology ensures that customers have access to valuable insights and information at their fingertips.

Frequently Asked Questions

Is Ascot Specialty Insurance Company available internationally?

Yes, Ascot Specialty Insurance Company offers coverage both domestically and internationally. They have a global presence to meet the needs of clients with international interests.

What is the specialty insurance offered by Ascot?

Ascot specializes in niche markets, providing coverage for industries such as aviation, marine, and energy. Their specialty insurance is designed for businesses with unique needs.

How do I get a quote from Ascot Specialty Insurance Company?

Getting a quote is easy. You can visit their website and fill out an online form, or you can contact their customer service representatives who will assist you in obtaining a personalized quote.

What sets Ascot apart in claims handling?

Ascot is known for its efficient and customer-centric claims handling process. They prioritize quick and fair claims resolution to minimize the stress for policyholders.

Why should I consider professional liability insurance from Ascot?

Ascot’s professional liability insurance is tailored for professionals who require protection against claims of negligence or malpractice. It offers specialized coverage to safeguard your career and reputation.

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Laura D. Adams

Insurance & Finance Analyst

Laura Adams is one of the nation’s leading finance, insurance, and small business authorities. As an award-winning author, spokesperson, and host of the top-rated Money Girl podcast since 2008, millions of readers and listeners benefit from her practical advice. Her mission is to empower consumers to live healthy and rich lives by planning for the future and making smart money decisions. She rec...

Insurance & Finance Analyst

Daniel Walker

Licensed Insurance Agent

Daniel Walker graduated with a BS in Administrative Management in 2005 and has run his family’s insurance agency, FCI Agency, for over 15 years (BBB A+). He is licensed as an insurance agent to write property and casualty insurance, including home, life, auto, umbrella, and dwelling fire insurance. He’s also been featured on sites like Reviews.com and Safeco. To ensure our content is accura...

Licensed Insurance Agent

Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.

Free Insurance Providers Comparison

Compare Insurance Providers Rates to Save Up to 75%

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