Financial Pacific Insurance Company Review (2024)

Explore the offerings of Financial Pacific Insurance Company, a versatile insurer providing a range of coverage options from home and auto to specialized business policies, with a focus on personalized service, competitive discounts, and financial stability.

UPDATED: Dec 5, 2023

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: Dec 5, 2023Fact 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: Dec 5, 2023

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: Dec 5, 2023

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: Dec 5, 2023

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: Dec 5, 2023Fact Checked
no image available

Free Car Insurance Comparison

Compare Quotes From Top Companies and Save

secured lock Secured with SHA-256 Encryption

Financial Pacific Insurance Company

Average monthly rate for business insurance:

N/A

A.M. Best rating:

A+ (Superior)

Complaint level:

Low

Pros

  • Comprehensive range of insurance options
  • Tailored coverage plans for various needs
  • Strong financial stability and A.M. Best rating
  • Dedication to customer service and claims processing
  • Availability of discounts to reduce premiums

Cons

  • Rates can be higher for certain high-risk drivers
  • Limited availability in some regions
  • Limited online account management features

Final Verdict: Review of Financial Pacific Insurance Company

Within the confines of this extensive piece, we delve into the offerings of Financial Pacific Insurance Company, a reputable presence in the realm of insurance.

With a diverse array encompassing auto, home, life, and business insurance, FPI distinguishes itself through its unwavering commitment to furnishing assurance and financial stability to individuals, families, and enterprises. From the meticulous breakdown of coverage options to the benefits of combining policies, FPI’s competitive edge comes to the fore.

Their minimal complaint volume and an A.M. Best rating of A+ (Superior) underscore their dependability. Be it safeguarding residences, vehicles, loved ones, or business interests, FPI offers customizable solutions, establishing them as a reliable ally in the insurance sphere.

Financial Pacific Insurance Company Insurance Coverage Options

Financial Pacific Insurance Company provides a diverse range of coverage options to meet the needs of individuals and businesses. Their comprehensive offerings encompass various insurance lines, ensuring that customers have access to tailored protection. Here are the coverage options offered by the company:

  • Home Insurance: Dwelling coverage for structural damage to your home, Personal property coverage for belongings, Liability coverage for injuries or damage to others on your property, and Additional living expenses coverage in case your home becomes uninhabitable
  • Auto Insurance: Liability coverage for bodily injury and property damage, Collision coverage for damage to your vehicle in an accident, Comprehensive coverage for non-collision incidents (e.g., theft, vandalism), and Personal injury protection for medical expenses and lost wages
  • Business Insurance: Commercial property coverage for business premises and equipment, General liability coverage for injuries or property damage, Business interruption coverage for income loss due to a covered event, and Commercial auto insurance for business vehicles
  • Other Offerings: Specialty insurance lines for unique needs (e.g., umbrella insurance), Coverage for recreational vehicles, boats, and more, and Insurance solutions tailored to specific industries or niches

Financial Pacific Insurance Company stands out for its ability to customize coverage plans based on individual requirements, providing a well-rounded protection strategy for both personal and business assets.

Compare Insurance Providers Rates to Save Up to 75%

secured lock Secured with SHA-256 Encryption

Financial Pacific Insurance Company Insurance Rates Breakdown

Driver ProfileFinancial PacificNational Average
Clean Record$102$119
1+ Ticket$138$147
1+ Accident$171$173
DUI$275$209
Poor Credit$176$205

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

View as image

Financial Pacific Insurance Company Discounts Available

DiscountsFinancial Pacific
Anti Theft8%
Good Student11%
Low Mileage6%
Paperless8%
Safe Driver14%
Senior Driver8%

Financial Pacific Insurance Company offers various discounts to help policyholders save on their premiums while maintaining comprehensive coverage. These discounts are designed to reward responsible behavior and risk management. Here are some of the discounts provided by the company:

  • Multi-Policy Discount: Bundling multiple insurance policies, such as home and auto, can lead to significant savings.
  • Safe Driver Discount: Rewards policyholders with a clean driving record and minimal claims history.
  • Good Student Discount: Offers reduced rates for students who maintain a high GPA.
  • Safety Features Discount: Provides discounts for vehicles equipped with safety features like anti-lock brakes and airbags.
  • Home Security Discount: Offers savings for homes with security systems, smoke detectors, and other safety measures.
  • Claim-Free Discount: Rewards policyholders who have maintained a claim-free record over a specified period.
  • Paid-in-Full Discount: Provides discounts for policyholders who pay their premiums in full upfront.
  • Loyalty Discount: Offers savings to long-term customers who renew their policies with the company.
  • Affinity Group Discount: Provides discounts to members of specific organizations or groups.

These discounts contribute to making Financial Pacific Insurance Company’s coverage options more accessible and cost-effective for a diverse range of policyholders.

How Financial Pacific Insurance Company Ranks Among Providers

Financial Pacific Insurance Company faces competition from several key players in the insurance industry. Here are some of its main competitors:

  • State Farm: State Farm is one of the largest insurance providers in the United States. Known for its extensive network of agents and a wide range of insurance products, it competes with Financial Pacific Insurance Company, especially in the auto and home insurance sectors.
  • Allstate: Allstate is another major player in the insurance market, offering a variety of coverage options, including auto, home, and life insurance. Its extensive advertising campaigns and reputation for strong customer service make it a significant competitor.
  • Geico: Geico is well-known for its competitive auto insurance rates and humorous advertising. It often competes with Financial Pacific in the auto insurance sector, aiming to attract customers with its cost-effective policies.
  • Progressive: Progressive is a direct competitor, particularly in the auto insurance space. They are known for their innovative policies and unique pricing models, appealing to customers looking for customizable coverage.
  • Liberty Mutual: Liberty Mutual provides a wide range of insurance products, including auto, home, and business insurance. They often compete with Financial Pacific for customers seeking comprehensive coverage options.
  • Nationwide: Nationwide offers insurance solutions for individuals and businesses, with a focus on customer service and customizable policies. They compete with Financial Pacific in various insurance categories.
  • Farmers Insurance: Farmers Insurance is a strong contender, particularly in the home and auto insurance sectors. They offer a variety of coverage options and discounts, attracting customers looking for comprehensive protection.
  • Travelers: Travelers is a major player in the insurance industry, providing coverage for homes, autos, businesses, and more. Their reputation for stability and reliability makes them a competitive choice for customers.
  • USAA: While primarily serving military members and their families, USAA competes with Financial Pacific in various insurance areas, including auto, home, and life insurance. They are known for excellent customer service and tailored solutions.
  • Chubb: Chubb specializes in high-end insurance solutions, including coverage for homes, valuables, and businesses. While targeting a different market segment, Chubb competes with Financial Pacific in offering comprehensive and customized policies.

These competitors create a dynamic insurance landscape, offering consumers a range of choices based on their specific needs and preferences. Financial Pacific Insurance Company strives to distinguish itself through its unique offerings, competitive rates, and customer-focused approach to stay competitive in this crowded market.

Financial Pacific Insurance Company Claims Process

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

Financial Pacific Insurance Company offers a straightforward and user-friendly claims process for its policyholders. They provide multiple channels for filing claims, ensuring convenience and flexibility.

Policyholders can choose to file claims online through the company’s official website, over the phone by contacting their customer service team, or through dedicated mobile apps. This multi-channel approach allows customers to select the method that best suits their preferences and needs, making it easy to initiate the claims process.

Average Claim Processing Time

One crucial aspect of an insurance company’s performance is the speed at which they process claims. Financial Pacific Insurance Company strives to provide efficient claim processing services to its policyholders.

While specific processing times may vary depending on the complexity of the claim and the documentation provided, the company aims to expedite the process as much as possible. Policyholders can expect a reasonable turnaround time for their claims to be reviewed and resolved, allowing them to receive the necessary support and compensation promptly.

Customer Feedback on Claim Resolutions and Payouts

Customer feedback plays a vital role in assessing the effectiveness of an insurance company’s claim resolutions and payouts. Financial Pacific Insurance Company values customer satisfaction and continuously collects feedback to improve their services.

Based on available reviews and ratings, the company has received positive feedback regarding their claim resolutions and payouts. Policyholders have expressed satisfaction with the fairness and timeliness of their claim settlements, highlighting the company’s commitment to meeting their financial needs during challenging times.

Financial Pacific Insurance Company Digital and Technological Features

Mobile App Features and Functionality

Financial Pacific Insurance Company offers a feature-rich mobile app that enhances the overall customer experience. The mobile app provides policyholders with convenient access to their insurance information, including policy details, coverage documents, and billing information.

Additionally, the app allows users to report and track claims, making it easy to initiate the claims process on the go. With user-friendly navigation and intuitive features, the mobile app empowers policyholders to manage their insurance needs efficiently from the palm of their hand.

Online Account Management Capabilities

The company’s online account management capabilities are designed to streamline the policyholder’s experience. Through the official website, policyholders can create and access their online accounts, enabling them to view and update their policy information, make payments, and download important documents.

This online self-service portal simplifies administrative tasks, reducing the need for time-consuming phone calls or in-person visits. Policyholders can conveniently manage their policies and make necessary changes from the comfort of their homes.

Digital Tools and Resources

Financial Pacific Insurance Company provides a range of digital tools and resources to support policyholders in making informed decisions. These resources may include educational articles, calculators, and guides related to insurance coverage and risk management.

By offering these digital assets, the company aims to empower policyholders with the knowledge and tools they need to protect their assets and make the right coverage choices. These digital resources demonstrate the company’s commitment to providing value beyond insurance coverage, fostering a more informed and confident customer base.

Frequently Asked Questions

What types of insurance does Financial Pacific Insurance Company offer?

Financial Pacific Insurance Company provides a wide range of insurance options, including home, auto, business, and specialty coverage tailored to various needs.

How can I save on my insurance premiums with Financial Pacific Insurance Company?

The company offers discounts such as multi-policy, safe driver, good student, and more. These rewards encourage responsible behavior and help policyholders reduce their premium costs.

What sets Financial Pacific Insurance Company apart from its competitors?

Financial Pacific Insurance Company stands out with its personalized service, strong financial stability, and a commitment to meeting individual coverage needs. Their diverse range of offerings and competitive discounts contribute to their uniqueness.

How can I reach Financial Pacific Insurance Company’s customer service?

You can contact their customer service team through their provided phone number or visit their official website for more information. They are ready to assist with inquiries, claims, and policy-related concerns.

Does Financial Pacific Insurance Company offer any specialized insurance solutions?

Yes, in addition to standard coverage options, the company offers specialty insurance lines tailored to unique needs. These solutions cater to specific industries, recreational vehicles, and more, ensuring comprehensive protection for various assets.

Compare Insurance Providers Rates to Save Up to 75%

secured lock Secured with SHA-256 Encryption

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%

secured lock Secured with SHA-256 Encryption