Personal Property Insurance Companies
Personal Property Insurance Companies
Technology has made storing, accessing, transferring, distributing, compiling, and selling a person’s personal data a common occurrence. Industries that previously couldn’t do background checks, credit checks, driving history checks, and rental history checks on potential customers due to cost can now run all those checks and easily get reports on potential customers.
Personal property insurance companies are one of those industries that now regularly do background checks.
A personal property insurance company or personal property insurance agency is a company that insures your personal possessions. Personal property insurance companies provide financial protection against loss or damage due to things like theft, fire, vandalism, or natural disasters. People seeking personal property coverage are often renters seeking peace of mind for their belongings. Anyone applying to obtain insurance for their personal belongings must often submit to a background check. They then wait for approval and, if approved, their insurance rates. Too often, background check errors result in increased rates or the outright denial of insurance coverage.
Information on Personal Property Insurance Companies
Many of the top property insurance companies and best-rated property insurance companies offer insurance bundling. Insurance bundling involves combining multiple policies, like auto and home insurance, with one provider to simplify management and often secure discounted premiums. In such instances, a property and casualty insurance agency might offer life, automobile, personal property, and homeowners insurance. In such cases, a background check will include credit history, driving history, and rental history. They do this to:
- Evaluate the risk level associated with insuring an individual or entity.
- Determine appropriate premium rates based on the risk profile.
- Identify and prevent potential fraudulent activities or claims.
- Ensure adherence to legal and regulatory requirements regarding policy issuance.
- Gather accurate information for underwriting decisions, ensuring policies are issued based on correct data.
- Assess the applicant’s claims history, which might indicate future risk.
- Evaluate financial stability and responsibility, especially for insurance policies like life or health insurance.
- Identify any criminal activities that might affect the policy terms or eligibility.
- For auto insurance, verify driving licenses and check for any violations or suspensions.
- For property insurance, assess the condition and value of the insured property.
As credit report attorneys, we see the consequences of errors in background checks too often. Consumers who are denied insurance suffer the financial losses that insurance coverage is designed to prevent. Additionally, they suffer mental and emotional damage, anxiety, reputational damage, and other non-economic damages. Those approved for insurance but with rates based on erroneous information in background check reports pay higher rates. Over a lifetime, higher monthly insurance rates can really add up.
Even the most prominent and largest property insurance companies and property insurance company ratings leaders can engage background check companies that provide inaccurate reports. While the credit reporting agencies are likely liable for the inaccurate information on their reports, the Fair Credit Reporting Act (FCRA) also imposes requirements on the property insurance companies who use those reports. Property insurance companies can also face liability if those FCRA-mandated requirements are not met.
Main Personal Property Insurance Agency
Here is a list of property insurance companies in the United States.
- 21st Century Insurance
- Acuity Insurance
- Aflac
- AIG (American International Group)
- Allianz Life
- Allied Insurance
- Allstate
- American Automobile Association (AAA)
- American Family Insurance
- American Income Life Insurance Company
- American National Insurance Company
- American Strategic Insurance (ASI)
- Ameriprise Auto & Home Insurance
- Ameriprise Financial
- Ameritas Life Insurance Company
- Amica Mutual Insurance
- Amtrust Financial Services
- Applied Underwriters
- Arbella Insurance Group
- Assurant
- Assurity Life Insurance Company
- Auto-Owners Insurance
- AXA Equitable Life Insurance Company
- Bankers Life and Casualty Company
- Berkshire Hathaway
- Brotherhood Mutual Insurance Company
- CareSource
- Chubb Corp
- Citizens Property Insurance Corporation
- CNA Financial
- CNO Financial Group
- Colonial Life & Accident Insurance Company
- Combined Insurance
- Commerce Insurance Group
- Country Financial
- Country Insurance
- Delta Dental
- Encompass Insurance Company
- Erie Insurance Group
- Esurance
- Evergreen USA RRG
- Farmers Insurance Group
- Federated Mutual Insurance Company
- First Insurance Company of Hawaii
- FM Global
- GAINSCO
- GEICO
- General Re
- Genworth Financial
- Gerber Life Insurance Company
- Globe Life And Accident Insurance Company
- GMAC Insurance
- Gracy Title Company
- Grange Mutual Casualty Company
- Guardian Life Insurance Company of America
- GuideOne Insurance
- Hagerty Insurance Agency
- Hanover Insurance
- The Hartford
- HCC Insurance Holdings
- Hiscox Small Business Insurance
- Horace Mann Educators Corporation
- Ironshore
- K&K Insurance
- Kansas City Life Insurance Company
- Kemper Corporation
- Knights of Columbus
- Lemonade (insurance)
- Liberty Mutual
- Lincoln National Corporation
- Manhattan Life Insurance Company
- Markel Corporation
- MassMutual
- Merchants Insurance Group
- Mercury Insurance Group
- MetLife
- Metromile
- Modern Woodmen of America
- Mutual of Omaha
- National Flood Insurance Program
- Nationwide Mutual Insurance Company
- New Jersey Manufacturers Insurance Company
- New York Life Insurance Company
- NJM Insurance Group
- Norfolk & Dedham Group
- Northwestern Mutual
- Omega
- Oxford Health Plans
- Pacific Life
- PEMCO
- Penn Mutual
- Penn National Insurance
- Philadelphia Contributionship
- Philadelphia Insurance Companies
- Physicians Mutual
- Primerica
- Principal Financial Group
- Progressive
- ProSight Specialty Insurance
- Protective Life
- Prudential Financial
- Pure Insurance
- QBE
- Regence Group
- Reliance Insurance Company
- Reliance Partners
- RLI Corp.
- Safe Auto Insurance Company
- Safeco
- Safeway Insurance Group
- Securian Financial Group
- Sentry Insurance
- Shelter Insurance
- Society Insurance
- Southern Aid and Insurance Company
- SquareTrade
- Standard Insurance Company
- State Automobile Mutual Insurance Company
- State Farm Insurance
- Sun Life Financial
- Symetra
- The General
- The Travelers Companies
- TIAA
- Titan Insurance Company
- Transamerica Corporation
- Tricare
- Trupanion
- UPC Insurance
- Unum
- USAA
- West Coast Life
- Western & Southern Financial Group
- Western Mutual Insurance Group
- Westfield Insurance
- White Mountains Insurance Group
- XL Catlin
- Zurich Insurance Group
If you have applied for personal property with any of the above personal property insurance companies and been the subject of a background check that had errors in it, contact a lawyer for consumer protection.
Consumer protection is about protecting consumers in all aspects of consumer life. Our attorneys have decades of experience fighting on behalf of consumers who have had economic or non-economic damages from the carelessness or outright disregard of consumer reporting agencies and background check companies. We know the laws of consumer reporting and how they impact personal property insurance.
If you have recently interacted with a personal property insurance company and been denied insurance, received rates that were too high, or otherwise been wronged by a credit report or background check error, contact us. We want to help you.
Call us at 1-877-615-1725. Email us at info@consumerattorneys.com. Visit our website and chat with a live representative online or fill out a contact form and we will contact you. Companies have a legal duty to report accurate information on all types of consumer reports. If they don't, you can dispute errors, file a lawsuit, and seek compensation. You pay nothing. The law makes them pay when we win or settle. Get started today!