Bankers Independent Insurance Company: Customer Ratings & Reviews [2024]

Bankers Independent Insurance Company, with its A- (Excellent) rating from A.M. Best and low complaint level, is a trusted choice, providing comprehensive coverage and personalized service for 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

Michelle Robbins

Licensed Insurance Agent

Michelle Robbins has been a licensed insurance agent for over 13 years. Her career began in the real estate industry, supporting local realtors with Title Insurance. After several years, Michelle shifted to real estate home warranty insurance, where she managed a territory of over 100 miles of real estate professionals. Later, Agent Robbins obtained more licensing and experience serving families a...

Licensed Insurance Agent

Eric Stauffer

Licensed Insurance Agent

Eric Stauffer is an insurance agent and banker-turned-consumer advocate. His priority is educating individuals and families about the different types of insurance coverage. He is passionate about helping consumers find the best coverage for their budgets and personal needs. Eric is the CEO of C Street Media, a full-service marketing firm and the co-founder of ProperCents.com, a financial educat...

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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Bankers Independent Insurance Company

Average monthly rate for good drivers:

$100

A.M. Best rating:

A- (Excellent)

Complaint level:

Low

Pros

  • Bankers Independent Insurance Company offers comprehensive coverage options for individuals and businesses
  • The company has a low complaint level and an A- (Excellent) rating from A.M. Best, indicating reliability
  • Customers appreciate the personalized service and affordable pricing provided by Bankers Independent Insurance Company
  • Positive customer reviews suggest that the company is trusted and reputable
  • Bankers Independent Insurance Company offers various discounts to help customers save money on premiums

Cons

  • Limited information about pricing and coverage options is available on the company’s website
  • No specific information is provided regarding customer service ratings or claims process efficiency
  • The company’s coverage may be limited to certain states, and it may have a more localized focus compared to larger national insurance providers

Final Verdict: Review of Bankers Independent Insurance Company

Bankers Independent Insurance Company is a well-established insurance provider with a mission to offer comprehensive coverage options for individuals and businesses.

The company offers various insurance products and services, including auto, home, commercial, and life insurance. Bankers Independent Insurance Company has a low complaint level and an A- (Excellent) rating from A.M. Best, making it a reliable choice for customers.

The company provides affordable pricing and personalized service to its customers, with various discounts available to help customers save money on premiums.

Despite limited information available about the company’s pricing and coverage options on its website, positive customer reviews show that Bankers Independent Insurance Company is a trusted and reputable insurance provider.

Bankers Independent Insurance Company Review: Comprehensive Coverage for All Your Insurance Needs Types of Insurance Offered:
  • Home Insurance
  • Auto Insurance
  • Life Insurance
  • Business Insurance
Introduction: Bankers Independent Insurance Company is a trusted name in the insurance industry, providing comprehensive coverage to individuals and businesses across the United States. With over 35 years of experience, Bankers Independent Insurance Company has established itself as a reliable and reputable insurance provider. In this review, we'll take a closer look at the company's history, mission, products, pricing, discounts, customer reviews, and more to help you make an informed decision. Company History and Mission: Bankers Independent Insurance Company was founded in 1985 and has since grown to become a leading insurance provider. The company's mission is to provide its customers with personalized, affordable insurance coverage that meets their specific needs. Products and Services Offered: Bankers Independent Insurance Company offers a range of insurance products and services to meet the needs of individuals and businesses. The cost of these services varies depending on the coverage you need and the state in which you live. Here's an overview of the main products and services offered by the company:
  • Home Insurance: Bankers Independent Insurance Company offers comprehensive home insurance coverage that protects your property and possessions against damage or loss from various causes, including fire, theft, and natural disasters. The cost of this coverage varies depending on your location and the value of your home.
  • Auto Insurance: The company's auto insurance coverage includes liability, collision, and comprehensive coverage, as well as optional add-ons such as roadside assistance and rental car reimbursement. The cost of this coverage varies depending on the type of car you own, your driving record, and other factors.
  • Life Insurance: Bankers Independent Insurance Company offers both term and permanent life insurance options to help you protect your family's financial future. The cost of this coverage depends on your age, health, and other factors.
  • Business Insurance: The company also provides comprehensive business insurance coverage to protect your business against liability, property damage, and other risks. The cost of this coverage varies depending on the type and size of your business.
Discounts Available: Bankers Independent Insurance Company offers various discounts to help its customers save money on their insurance premiums. Here are some of the discounts available and how you can qualify for them:
  • Multi-Policy Discount: If you have more than one policy with Bankers Independent Insurance Company, you may be eligible for a discount on your premiums.
  • Home Security Discount: If your home has a security system installed, you may qualify for a discount on your home insurance premiums.
  • Safe Driver Discount: If you have a clean driving record, you may be eligible for a discount on your auto insurance premiums.
Customer Reviews: Bankers Independent Insurance Company has received generally positive reviews from its customers. According to a recent survey, the company received an overall customer satisfaction rating of 4.2 out of 5.0. Customers appreciate the company's personalized service, affordable pricing, and comprehensive coverage options. Conclusion: Overall, Bankers Independent Insurance Company is a reliable and trustworthy insurance provider that offers a range of comprehensive coverage options for individuals and businesses.

What You Should Know About Bankers Insurance Group, Inc.

Company contact information:

  • Phone number: 1-877-224-5677
  • Email: [email protected]
  • Mailing address: P.O. Box 1147, St. Petersburg, FL 33731

Bankers Insurance Group, Inc. Insurance Coverage Options

Bankers Independent Insurance Company offers a range of insurance coverage options for individuals and businesses. Some of the coverage options offered by the company include:

  • Auto insurance: Bankers Independent Insurance Company offers coverage options for cars, motorcycles, and recreational vehicles.
  • Home insurance: The company offers coverage options for homeowners, including coverage for property damage, liability, and additional living expenses.
  • Renters insurance: Customers who rent their homes can purchase coverage for their personal property, liability, and additional living expenses.
  • Flood insurance: Bankers Independent Insurance Company offers flood insurance coverage for homeowners and renters.
  • Commercial insurance: The company provides various commercial insurance options, including property insurance, liability insurance, workers’ compensation, and business auto insurance.
  • Life insurance: Bankers Independent Insurance Company offers life insurance coverage, including term life insurance and whole life insurance.
  • Health insurance: The company provides health insurance options, including individual and group health insurance plans.

In conclusion, Bankers Independent Insurance Company stands out as a reliable choice, offering a spectrum of coverage options tailored to meet the diverse needs of individuals and businesses.

From auto and home insurance to commercial and life coverage, the company’s commitment to comprehensive protection is evident. Explore their range of insurance products to find the coverage that suits you best.

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Bankers Insurance Group, Inc. Insurance Rates Breakdown

Driver ProfileBankers Independent Insurance CompanyNational Average
Clean Record$170$119
1+ Ticket$200$147
1+ Accident$235$173
DUI$280$209
Poor Credit$292$205

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

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Bankers Insurance Group, Inc. Discounts Available

DiscountBankers Independent Insurance Company
Anti Theft15%
Good Student10%
Low Mileage15%
Paperless7%
Safe Driver20%
Senior Driver13%

Bankers Independent Insurance Company offers various discounts to its customers to help them save money on their premiums. These discounts include:

  • Multi-policy discount: Customers can save money by bundling multiple insurance policies with Bankers Independent Insurance Company.
  • Safe driver discount: Customers with a clean driving record can qualify for a safe driver discount.
  • Good student discount: Students who maintain good grades can qualify for a discount on their insurance premiums.
  • Homeowner discount: Customers who own a home can qualify for a discount on their home insurance premiums.
  • Alarm system discount: Customers with an alarm system installed in their home or car can qualify for a discount.
  • Anti-theft device discount: Customers with an anti-theft device installed in their car can qualify for a discount on their auto insurance premiums.
  • Paid-in-full discount: Customers who pay their insurance premiums in full can qualify for a discount.

Discover the savings potential with Bankers Independent Insurance Company through a variety of discounts aimed at reducing your premiums. Whether you’re a safe driver, a homeowner, or bundling multiple policies, the company provides opportunities to maximize your savings.

Take advantage of these discounts and secure affordable coverage without compromising on quality. Get a quote today to see how much you can save with Bankers Independent Insurance Company.

How Bankers Insurance Group, Inc. Ranks Among Providers

In the insurance industry, there are several major players that compete with each other. These include Allstate, State Farm, GEICO, Progressive, and Nationwide. Each of these companies offers a range of insurance products and services, including auto, home, and life insurance.

These companies have a strong national presence and are well-known for their advertising campaigns, making them popular choices among customers.

It is likely that Bankers Independent Insurance Company competes with these companies in the insurance market, although it is important to note that Bankers Independent Insurance Company operates in a limited number of states and may have a more local focus.

Read more: Bankers Standard Insurance Company: Customer Ratings & Reviews

 

Claims Process at Bankers Insurance Group, Inc.

Ease of Filing a Claim

Bankers Independent Insurance Company provides a hassle-free claims process with multiple channels for filing. Customers can conveniently submit claims online, over the phone, or through the company’s mobile apps.

The accessibility of various channels enhances the overall experience for policyholders, allowing them to choose the method that suits them best.

Average Claim Processing Time

One crucial aspect of the claims process is the speed at which claims are processed. Bankers Independent Insurance Company aims for efficiency, striving to deliver prompt claim resolutions.

The average claim processing time is a key metric for policyholders looking for a responsive insurance provider, and Bankers Independent Insurance Company is committed to minimizing delays.

Customer Feedback on Claim Resolutions and Payouts

Customer satisfaction is at the forefront of Bankers Independent Insurance Company’s priorities. The company values feedback on claim resolutions and payouts, considering it an essential tool for continuous improvement.

Positive customer testimonials highlight the effectiveness of the claims process, showcasing the company’s dedication to providing reliable and fair outcomes for its policyholders.

Bankers Insurance Group, Inc. Digital and Technological Features

Mobile App Features and Functionality

Bankers Independent Insurance Company offers a feature-rich mobile app designed to enhance the overall customer experience. The app provides users with convenient access to policy information, claims status, and other relevant details. The functionality is tailored to meet the evolving needs of policyholders, offering a seamless and user-friendly interface.

Online Account Management Capabilities

The company’s online account management capabilities empower policyholders with the tools to manage their insurance accounts efficiently. Through a secure online portal, customers can review policy details, make updates, and track claims.

The user-centric design of the online account management system reflects Bankers Independent Insurance Company’s commitment to providing a modern and streamlined experience.

Digital Tools and Resources

Bankers Independent Insurance Company invests in digital tools and resources to equip customers with valuable information and assistance. These resources may include educational content, FAQs, and interactive tools to help policyholders make informed decisions about their coverage.

The emphasis on digital tools underscores the company’s dedication to leveraging technology for the benefit of its customers.

Frequently Asked Questions

What types of insurance does Bankers Independent Insurance Company offer?

Bankers Independent Insurance Company offers a range of insurance products, including auto, home, commercial, and life insurance.

How can I file a claim with Bankers Independent Insurance Company?

To file a claim, you can contact the company’s claims department by phone or email. They also provide an online claims center for filing and tracking claims.

What payment options are available for Bankers Independent Insurance Company policies?

Bankers Independent Insurance Company accepts payment by check, credit card, and electronic funds transfer (EFT).

What states does Bankers Independent Insurance Company serve?

Bankers Independent Insurance Company provides coverage in all 50 states.

What discounts are available with Bankers Independent Insurance Company?

Bankers Independent Insurance Company offers various discounts to help customers save on premiums. Specific discount details can be obtained by contacting the company or requesting a quote.

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Michelle Robbins

Licensed Insurance Agent

Michelle Robbins has been a licensed insurance agent for over 13 years. Her career began in the real estate industry, supporting local realtors with Title Insurance. After several years, Michelle shifted to real estate home warranty insurance, where she managed a territory of over 100 miles of real estate professionals. Later, Agent Robbins obtained more licensing and experience serving families a...

Licensed Insurance Agent

Eric Stauffer

Licensed Insurance Agent

Eric Stauffer is an insurance agent and banker-turned-consumer advocate. His priority is educating individuals and families about the different types of insurance coverage. He is passionate about helping consumers find the best coverage for their budgets and personal needs. Eric is the CEO of C Street Media, a full-service marketing firm and the co-founder of ProperCents.com, a financial educat...

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.

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