Plaza Insurance Company Review (2024)

Explore Plaza Insurance Company, a stalwart in the insurance industry, renowned for its diverse range of solutions and stellar customer service, offering comprehensive coverage options, competitive rates, and a commitment to customer satisfaction.

UPDATED: Jun 14, 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: Jun 14, 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: Jun 14, 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: Jun 14, 2024Fact Checked
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Plaza Insurance Company

Average monthly rate for business insurance:

$100

A.M. Best rating:

A+

Complaint level:

Low

Pros

  • Diverse range of insurance policies
  • Exceptional customer service
  • Competitive rates
  • Efficient claims processing
  • Financially stable

Cons

  • Limited presence in certain regions
  • May not offer specialty insurance options
  • Discounts may vary based on location and policy type

In this comprehensive article, we explore Plaza Insurance Company, a stalwart in the insurance industry, renowned for its diverse range of insurance solutions and stellar customer service.

Plaza Insurance’s offerings encompass auto, home, life, health, business, and specialty insurance, catering to the unique needs of individuals and businesses alike.

Their low complaint level reflects their commitment to customer satisfaction. Beyond coverage details, we delve into discounts, such as multi-policy and safe driver incentives, that can help policyholders save.

Plaza Insurance’s dedication to personalization, efficient claims processing, and a strong presence in the insurance landscape sets it apart as a trusted choice for safeguarding what matters most.

Plaza Insurance Company Insurance Coverage Options

Plaza Insurance Company offers a wide range of coverage options tailored to meet the diverse needs of their customers. Here’s a bullet list outlining the coverage options provided by the company:

  • Auto Insurance: Comprehensive coverage for your vehicles, including liability, collision, and comprehensive insurance.
  • Home Insurance: Protection for your home and personal belongings, with options for homeowners, renters, and condo insurance.
  • Life Insurance: A variety of life insurance policies, including term life and whole life insurance, to secure your family’s financial future.
  • Health Insurance: Comprehensive health insurance plans, including individual and group coverage options.
  • Business Insurance: Tailored insurance solutions for businesses, including liability, property, and workers’ compensation insurance.
  • Specialty Insurance: Additional coverage options like pet insurance, travel insurance, and more to meet unique needs.

These comprehensive coverage options demonstrate Plaza Insurance Company’s commitment to providing a wide array of insurance products to meet the unique needs of their customers.

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Plaza Insurance Company Insurance Rates Breakdown

Driver ProfilePlaza Insurance CompanyNational Average
Clean Record$150$125
1+ Ticket$172$149
1+ Accident$190$177
DUI$215$198
Poor Credit$258$215

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

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Plaza Insurance Company Discounts Available

DiscountPlaza Insurance Company
Anti Theft5%
Good Student10%
Low Mileage5%
Paperless3%
Safe Driver10%
Senior Driver12%

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Plaza Insurance Company often provides discounts to help policyholders save on their insurance premiums. Here’s a list of some common discounts you may be eligible for:

  • Multi-Policy Discount: If you bundle multiple insurance policies with Plaza Insurance, such as auto and home insurance, you can often enjoy a discount on both policies.
  • Safe Driver Discount: Maintaining a clean driving record without accidents or traffic violations can qualify you for a safe driver discount.
  • Good Student Discount: Young drivers who excel academically may be eligible for a good student discount, encouraging responsible behavior on the road.
  • Multi-Car Discount: If you insure more than one vehicle with Plaza Insurance, you can often receive a discount on the premiums for each car.
  • Home Security Discount: Installing security systems or safety features in your home can lead to a discount on your homeowners’ insurance.
  • Claims-Free Discount: Remaining claims-free for a specified period can result in a discount on your premiums as a reward for responsible insurance use.
  • Pay-in-Full Discount: Paying your insurance premium in full at the start of your policy term can lead to a discount on the overall cost.
  • Renewal Discount: Staying loyal to Plaza Insurance and renewing your policy can sometimes earn you a renewal discount.
  • Good Credit Discount: A good credit score may lead to reduced premiums, as it’s often seen as an indicator of financial responsibility.
  • Low Mileage Discount: If you drive fewer miles annually, you may qualify for a low mileage discount, particularly applicable to auto insurance.
  • Professional Group Affiliation: Some policies offer discounts for belonging to specific professional groups or organizations.
  • Safety Features Discount: If your vehicle is equipped with safety features like anti-lock brakes, airbags, or anti-theft devices, you might receive a discount.
  • Eco-Friendly Vehicle Discount: Owning a hybrid or electric vehicle could lead to lower auto insurance premiums, as these vehicles are considered environmentally friendly.
  • Loyalty Discount: Staying with Plaza Insurance for an extended period can result in loyalty discounts, rewarding long-term customers.

It’s important to note that the availability and specifics of these discounts can vary by location and policy type. To maximize your savings, it’s recommended to discuss your eligibility for discounts with a Plaza Insurance representative when obtaining a quote or renewing your policy.

How Plaza Insurance Company Ranks Among Providers

Plaza Insurance Company operates in a competitive insurance industry where several key players provide similar services. Here are some of the company’s main competitors:

  • State Farm: State Farm is one of the largest insurance providers in the United States, offering a wide range of insurance products, including auto, home, life, and more. They are known for their extensive network of agents and competitive rates.
  • Allstate: Allstate is another major player in the insurance industry, offering a variety of coverage options and a strong focus on customer service. They are known for their innovative insurance products and nationwide presence.
  • Geico: Geico is well-known for its catchy advertising and competitive auto insurance rates. They provide a straightforward online experience and a range of discounts, making them a popular choice for many drivers.
  • Progressive: Progressive is recognized for its innovative approach to auto insurance, including usage-based insurance programs like Snapshot. They offer various coverage options and are known for their easy-to-use online tools.
  • Nationwide: Nationwide is a diversified insurance and financial services company offering auto, home, and commercial insurance, among other products. They emphasize personalized coverage and have a network of agents across the country.
  • Farmers: Farmers Insurance provides a wide array of insurance options, including auto, home, life, and business insurance. They are known for their strong agent network and comprehensive coverage.
  • Liberty Mutual: Liberty Mutual offers a range of insurance products, including auto, home, and renters insurance. They are recognized for their customized policies and various discounts.
  • Travelers: Travelers is a leading provider of property and casualty insurance, offering coverage for homes, autos, businesses, and more. They are known for their strong financial stability and risk management services.
  • USAA: USAA primarily serves military members and their families, offering a variety of insurance and financial products. They are well-regarded for their excellent customer service and member-focused approach.
  • Erie: Erie Insurance is known for its competitive rates and excellent customer service. They offer a range of insurance products, with a strong presence in the Midwest and Mid-Atlantic regions.

Each of these competitors has its strengths and weaknesses, and customers often choose their insurance provider based on factors like pricing, coverage options, customer service, and brand reputation.

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Streamlining Plaza Insurance Company Claims Process

Ease of Filing a Claim

Plaza Insurance Company places a strong emphasis on the ease of filing a claim. Policyholders have multiple convenient options at their disposal, including online claim submissions, dedicated phone support, and user-friendly mobile apps. With these versatile channels available, policyholders can choose the most suitable method for filing a claim that aligns with their preferences.

Average Claim Processing Time

Efficiency is a cornerstone of Plaza Insurance Company’s claims processing. They are committed to expediting claim resolutions to minimize any disruption or stress for policyholders. By prioritizing quick claim processing times, Plaza Insurance Company demonstrates its dedication to delivering prompt and reliable service.

Customer Feedback on Claim Resolutions and Payouts

Plaza Insurance Company places great value on customer feedback, particularly when it comes to claim resolutions and payouts. Actively seeking input from policyholders, they aim to maintain transparency and fairness throughout the claims process. Positive customer feedback serves as a testament to their commitment to providing dependable and timely claim settlements.

Navigating Plaza Insurance Company’s Digital and Technological Features

Mobile App Features and Functionality

Plaza Insurance Company enhances the overall policyholder experience with a feature-rich mobile app. Compatible with both Android and iOS devices, the app empowers policyholders to file claims, access policy information, and manage their insurance needs seamlessly from smartphones or tablets.

This mobile app streamlines insurance-related tasks, ensuring they are accessible anytime and anywhere.

Online Account Management Capabilities

Policyholders enjoy 24/7 access to their insurance accounts through Plaza Insurance Company’s user-friendly online platform. This platform enables policyholders to manage various aspects of their insurance, from premium payments to policy reviews, all from the comfort of their homes. Plaza Insurance ensures that policyholders have easy, efficient access to their insurance information online.

Digital Tools and Resources

Plaza Insurance Company goes beyond standard coverage by offering a suite of digital tools and resources. These resources provide policyholders with valuable information and interactive tools for making informed decisions. Whether it’s educational materials or financial planning tools, Plaza Insurance strives to provide digital resources that supporitsir customers’ insurance needs.

Frequently Asked Questions

What sets Plaza Insurance apart from other insurance providers?

Plaza Insurance’s commitment to personalized coverage and exceptional customer service sets them apart.

How can I get a quote from Plaza Insurance?

You can easily get a quote by visiting their website and filling out the online form.

Are there any discounts available for Plaza Insurance policies?

Plaza Insurance often offers discounts for bundling policies or having a clean driving record. Be sure to check with them for current promotions.

How long does it take to process a claim with Plaza Insurance?

Plaza Insurance aims for a swift claims process, and the duration may vary based on the type of claim.

Can I trust Plaza Insurance for my family’s insurance needs?

Plaza Insurance has a long-standing reputation for reliability, making them a trusted choice for safeguarding your family’s future.

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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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