Is UPC Insurance going out of business?
United Property and Casualty Insurance (“UPC Insurance”) issued an agent bulletin on Monday, May 24, 2021, advising its approximately two hundred agencies in Massachusetts that it will no longer accept new business “effective 5/31/2021 and after.”
Where is UPC Insurance located?
Saint Petersburg
Saint Petersburg, FL – Headquarters.
How long has UPC Insurance been in business?
1999
UPC Insurance has been operating in Florida since 1999, and has successfully managed its business through various hurricane and tropical storm events. This includes paying out over $500 million in claims to our policyholders as a result of the eight hurricanes that affected Florida in 2004 and 2005.
Who is the CEO of UPC Insurance?
Daniel Peed
Daniel Peed has served as our Chief Executive Officer and Chairman of the Board since July of 2020. Mr. Peed has served as a member of the Board since 2017.
What is the rating for UPC insurance?
Overall, we give UPC a score of 74.25 out of 100. UPC offers solid homeowners insurance coverage at very affordable rates.
Does UPC cover mold?
We do not cover loss or damage caused by or resulting from fungi or mold and other microorganisms, except as provided in 9.
What company is UPC?
UPC was founded in Amsterdam, Netherlands by United International Holdings and Philips, originally as United Philips Cable, which included the cable television assets in Europe of both companies….UPC Broadband.
| Type | Private company |
|---|---|
| Owner | Liberty Global |
Is UPC a good company?
The company received an A rating from financial rating company Demotech (in lieu of getting a rating from A.M. Best). This means UPC has “excellent” ability to pay out claims, even in case of a widespread disaster.
Does UPC insurance pay claims?
Claims Support Easily file your claim with our two-step claim submission tool. You will be able to submit detailed photos and videos with your claim. Or call 1-888-CLM-DEPT (888-256-3378).
What is UPC in retail?
UPC, in full universal product code, a standard machine-readable bar code used to identify products purchased in grocery and other retail stores.