Liberty Surplus Insurance Corporation Review (2024)

Liberty Surplus Insurance Corporation, a trusted leader in the insurance industry, is renowned for its comprehensive coverage options, competitive pricing, and unwavering commitment to exceptional customer service.

UPDATED: Dec 12, 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 12, 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 12, 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 12, 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 12, 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 12, 2023Fact Checked
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Liberty Surplus Insurance Corporation

Average monthly rate for business insurance:

$125

A.M. Best rating:

A (Excellent)

Complaint level:

Low

Pros

  • Comprehensive coverage options tailored to various needs.
  • Competitive pricing and a range of available discounts.
  • High customer satisfaction ratings and efficient claims processing.
  • Strong financial stability ensures reliability.
  • User-friendly online tools for policy management and quotes.

Cons

  • Limited specialty coverage in niche industries.
  • No 24/7 customer service availability.
  • Policy customization options may be restricted for certain insurance types.

Final Verdict: Review of Liberty Surplus Insurance Corporation

Liberty Surplus Insurance Corporation, with an excellent A.M. Best rating of A (Excellent), stands as a reliable partner in safeguarding assets and providing comprehensive insurance solutions.

Offering a broad spectrum of coverage options, from commercial property and liability insurance to professional liability and specialty coverage, Liberty Surplus caters to diverse needs. Competitive pricing, a range of available discounts, and high customer satisfaction ratings underscore their commitment to excellent service.

Despite some limitations, such as specialty coverage restrictions and non-24/7 customer service availability, Liberty Surplus’s strong financial stability and user-friendly online tools make them a dependable choice in the insurance industry, delivering peace of mind to policyholders.

What You Should Know About Liberty Surplus Insurance Corporation

Company Contact Information

Related Parent or Child Companies

  • Liberty Surplus Insurance Corporation operates independently without any specific parent or child companies.

Financial Ratings

  • Liberty Surplus Insurance Corporation holds an A.M. Best rating of A (Excellent), indicating strong financial stability and reliability.

Customer Service Ratings

  • Liberty Surplus Insurance Corporation is known for high customer satisfaction ratings, but no updated details about the specific numerical ratings or sources for these ratings.

Claims Information

  • Liberty Surplus Insurance Corporation is known for its commitment to quick and efficient claims processing but No specific details about the updated claims process or contact information for claims.

Company Apps

  • No information on the availability of specific mobile apps offered by Liberty Surplus Insurance Corporation for policy management or claims. It’s advisable to visit their official website or contact their customer service for information on any mobile apps they may offer.

Liberty Surplus Insurance Corporation Insurance Coverage Options

Liberty Surplus, a distinguished player in the insurance industry, is known for its commitment to excellence, competitive pricing, and a wide array of coverage options. Join us as we delve into the diverse insurance solutions offered by Liberty Surplus, designed to meet the unique needs of individuals and businesses alike.

  • Commercial Property Insurance: Protect your business property, including buildings and equipment, from a range of risks such as fire, theft, and natural disasters.
  • Liability Insurance: Safeguard your assets and reputation with liability coverage, which includes protection against legal claims and liabilities that may arise.
  • Professional Liability Insurance: Professionals in various fields can benefit from professional liability coverage, which offers protection against claims of negligence or errors in professional services.
  • Specialty Insurance: Liberty Surplus also provides specialty insurance solutions that cater to unique risks and industries. These may include coverage for niche businesses and specialized needs.

Liberty Surplus Insurance Corporation emerges as a reliable partner in the realm of insurance, backed by an impressive A.M. Best rating of A (Excellent). Their commitment to providing comprehensive coverage, coupled with competitive pricing and high customer satisfaction ratings, sets them apart in the industry.

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Liberty Surplus Insurance Corporation Insurance Rates Breakdown

Driver ProfileLiberty Surplus Insurance CorporationNational Average
Clean Record$100$119
1+ Ticket$128$147
1+ Accident$148$173
DUI$177$209
Poor Credit$172$205

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

Liberty Surplus Insurance Corporation Discounts Available

DiscountLiberty Surplus Insurance Corporation
Anti Theft9%
Good Student10%
Low Mileage11%
Paperless5%
Safe Driver10%
Senior Driver5%

Step into a world where insurance not only provides peace of mind but also comes with the added benefit of savings. Liberty Surplus Insurance Corporation stands out not only for its comprehensive coverage options but also for its commitment to making insurance more accessible and affordable.

  • Multi-Policy Discount: Save by bundling multiple insurance policies with Liberty Surplus, such as combining auto and home insurance.
  • Claims-Free Discount: Enjoy reduced rates if you have a history of being claims-free, rewarding safe and responsible policyholders.
  • Good Driver Discount: If you have a clean driving record, Liberty Surplus may offer a discount on your auto insurance premiums.
  • Safety Features Discount: If your vehicle is equipped with safety features such as anti-lock brakes, airbags, or anti-theft devices, you may qualify for a discount.
  • Professional Association Discount: Liberty Surplus may offer discounts to members of certain professional associations or groups.
  • Paid-in-Full Discount: Paying your insurance premium in full, rather than in installments, can lead to additional savings.
  • Paperless Billing and Online Account Management Discount: Enroll in paperless billing and manage your policy online to potentially qualify for a discount.
  • Loyalty Discount: Policyholders who have been with Liberty Surplus for an extended period may receive loyalty discounts.
  • Good Student Discount: Students with a strong academic record may be eligible for reduced rates on auto insurance.
  • Safety Course Discount: Completing a defensive driving or safety course can lead to lower insurance premiums.

These discounts are designed to provide policyholders with opportunities to save on their insurance costs while maintaining comprehensive coverage. Keep in mind that eligibility for specific discounts may vary depending on your location and the type of insurance policy you hold.

How Liberty Surplus Insurance Corporation Ranks Among Providers

Liberty Surplus Insurance Corporation operates in a competitive insurance market, and it faces several key competitors. While the level of competition can vary by region and the specific insurance products offered, some of the company’s main competitors in the insurance industry include:

  • Allstate Insurance: Allstate is a well-known insurance provider offering a wide range of insurance products, including auto, home, and life insurance. They are known for their extensive network of agents and competitive pricing.
  • State Farm Insurance: State Farm is one of the largest insurance providers in the United States, offering a comprehensive suite of insurance products. They are recognized for their personalized service and strong agent network.
  • Progressive Insurance: Progressive is a major player in the auto insurance market, known for its innovative policies and competitive pricing. They often emphasize their use of technology for policy management and claims processing.
  • Geico (Government Employees Insurance Company): Geico is known for its direct-to-consumer model, offering competitive rates on auto insurance. They are known for their witty advertising campaigns.
  • Travelers Insurance: Travelers is a prominent provider of property and casualty insurance, including home, auto, and business insurance. They are known for their commercial insurance solutions and risk management services.
  • Chubb Insurance: Chubb is a leading insurer that specializes in high-end, specialty insurance coverage for individuals and businesses. They are known for their tailored coverage and exceptional service.
  • Hartford Financial Services Group: Hartford offers insurance products and services for individuals and businesses, with a focus on customer-centric solutions.
  • Nationwide Insurance: Nationwide provides a range of insurance products, including auto, home, and business insurance. They are recognized for their commitment to community involvement.
  • Farmers Insurance: Farmers is known for its wide array of insurance options, including auto, home, and life insurance. They have a strong agent network.

These competitors, along with others in the industry, contribute to a dynamic and competitive insurance market. Each of these companies may have its unique strengths, customer base, and areas of specialization, which can impact how they compete with Liberty Surplus Insurance Corporation in various regions and segments of the insurance market.

Liberty Surplus Insurance Corporation Claims Process

Ease of Filing a Claim

Liberty Surplus Insurance Corporation offers multiple convenient channels for filing insurance claims, ensuring a streamlined process for their customers. Claimants have the flexibility to file a claim online through the company’s website, over the phone with dedicated customer service representatives, or via mobile apps for added convenience and accessibility.

Average Claim Processing Time

Liberty Surplus Insurance Corporation is committed to expediting the claim processing timeline to provide swift and efficient service to their policyholders. The average claim processing time is a crucial aspect of customer satisfaction, and the company strives to handle claims in a timely manner, aiming to minimize any unnecessary delays.

Customer Feedback on Claim Resolutions and Payouts

Customer feedback on claim resolutions and payouts is vital in evaluating the performance and satisfaction levels of Liberty Surplus Insurance Corporation.

The company values customer input regarding their claim experiences, seeking to improve and tailor their services accordingly. Understanding customer sentiments and addressing concerns is a fundamental aspect of enhancing overall satisfaction and trust.

Liberty Surplus Insurance Corporation Digital and Technological Features

Mobile App Features and Functionality

Liberty Surplus Insurance Corporation’s mobile app is designed to provide a range of features and functionalities aimed at enhancing the user experience.

The app offers a user-friendly interface, allowing policyholders to access their policies, file claims, view policy details, and receive updates on the go. It empowers customers with convenient and immediate access to essential insurance services through their mobile devices.

Online Account Management Capabilities

Liberty Surplus Insurance Corporation’s online account management platform enables policyholders to manage their policies and accounts seamlessly.

Customers can access and update their account information, review policy documents, make premium payments, and track claims. The online portal offers a secure and convenient way for customers to have control and transparency over their insurance accounts.

Digital Tools and Resources

Liberty Surplus Insurance Corporation provides various digital tools and resources to assist policyholders in understanding their insurance coverage and making informed decisions.

These may include educational materials, policy calculators, risk assessment tools, and informative articles. The availability of such digital resources empowers customers to navigate the insurance landscape effectively and make choices aligned with their needs and preferences.

Frequently Asked Questions

What types of insurance does Liberty Surplus Insurance Corporation offer?

Liberty Surplus provides a range of insurance products, including commercial property insurance, liability insurance, professional liability insurance, and specialty insurance for various industries.

What discounts are available for Liberty Surplus Insurance policies?

Liberty Surplus offers various discounts, including multi-policy discounts, claims-free discounts, good driver discounts, and more. These discounts can help you save on your insurance premiums.

Is Liberty Surplus Insurance available in my area?

Liberty Surplus operates in multiple regions, but availability may vary. Please check with our customer service team or visit our website to determine if we offer coverage in your location.

How does Liberty Surplus handle claims processing?

Liberty Surplus is committed to efficient claims processing. You can file a claim through our online portal or by contacting our claims department for assistance.

What sets Liberty Surplus apart from other insurance providers?

Liberty Surplus distinguishes itself through comprehensive coverage options, competitive pricing, high customer satisfaction ratings, and a strong commitment to excellent customer service, providing peace of mind to policyholders.

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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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