Safeco's Homeowner's Insurance Review: Overview, Facts, Features, Plans, Pros and Cons

Safeco's Homeowner's Insurance Review: Overview, Facts, Features, Plans, Pros and Cons

Homeowners insurance from Safeco is offered in 47 states and comes with a variety of optional coverage additions. We get compensation for many of the goods we promote on this site, and we may feature all of them. This might have an impact on the items we choose to write about, as well as where and how they are displayed on a page. Despite this, it does not affect how we evaluate the situation. Our opinions are entirely our own. The following is a list of our partners, as well as an explanation of how we generate money. Liberty Mutual is one of the major insurance firms in the United States, and Safeco, which is owned by Liberty Mutual, is a component of that company. Homeowners who have Safeco insurance may purchase a variety of add-ons, such as coverage for stolen identities and damaged appliances. However, since the firm only provides a limited number of discounts, it may be difficult for you to save a significant amount of money on your insurance cost. People who wish to acquire quotations and ask questions face-to-face over video chat are the ones who will benefit the most from this feature.

The good and the bad of Safeco's homeowner's insurance Pro:

  • Add-on coverage alternatives that don't break the bank are pros of this plan.
  • There are a number of different methods to make claims, including live video chat with an agent. Con:
  • There are not many available discounts.

How does the pricing for Safeco homeowners insurance work

The overall performance of Safeco homeowners insurance was rated as a four out of a possible five stars. The formula for awarding points for homeowners insurance takes into account a variety of factors, including policy coverage options and discounts, the simplicity of filing a claim, the transparency of the website, the financial stability of the company, complaint data from the National Association of Insurance Commissioners, and other relevant information.

State availability

Homeowners insurance from Safeco is offered in 47 of the 50 states. It is not accessible in the states of Delaware, Florida, Hawaii, or the District of Columbia.

Coverage provided by Safeco for homeowners insurance

You have a lot of options for adding on extra coverage to your homeowner's insurance policy, but the following forms of protection are often included as standard: These are the Format of the coverage and What it does:
  1. Housing: This benefit will pay for the repair or reconstruction of the structure of your house.
  2. Damage to other buildings, such as a shed or fence that are not related to the home, is covered by this policy.
  3. Reimburses the policyholder for the cost of repairing or replacing their own personal goods, including clothes and furniture.
  4. If you are forced to reside elsewhere while approved repairs are being made to your house, you are eligible for loss of use coverage, which pays for hotel stays, meals at restaurants, and other expenditures.
  5. If you are liable for harm to other people or their property, personal liability insurance will cover the associated legal fees and damages.
  6. Medical payments: Covers injuries sustained by visitors in your house, regardless of who was to blame for the damage.
In addition to the common forms of homeowner's insurance coverage, Safeco also provides various extra options, such as the following:
  • Payout bonuses for high-value products such as jewelry and artwork, for example.
  • Fixes for any electrical or mechanical issues that may arise with the furniture andappliances in the home.
  • Additional coverage for your home in the event that you go over the limit of yourinsurance policy.
  • Reimbursement for any money lost as a result of identity theft recovery efforts.
  • The accurate amount that must be spent to replace a lost or destroyed personalitem, as opposed to the item's worth at the current time.
  • Connections to qualified contractors who have been vetted in advance in the eventthat any repairs are required, with Safeco giving a guarantee on the completed work.In addition, anybody who bundles their house insurance with other Safeco policies is eligible for the single loss insurance deductible option that Safeco provides. This implies that you will be responsible for paying just one deductible regardless of how many different kinds of claims you have to file for a single occurrence. For instance, if a tree falls on your garage and vehicle and causes damage to both, you will only be responsible for paying the deductible associated with your house rather than both the home and the auto deductibles. Safeco also collaborates with American Home Shield to provide a home warranty in select areas. This service, which requires payment, offers reduced rates for repairing the wear and tear that occurs on domestic systems and appliances.


Although Safeco does not provide a wide variety of discounts on its homeowner's insurance, you may be eligible for price reductions if you install certain safety features, such as a sprinkler or burglar alarm system.
  • When you bundle your home and vehicle insurance, you might save up to 15%.
  • Purchasing a house that is no more than ten years old at the time of purchase.
  • Obtaining new insurance policy quotes and signing up for them well in advance ofthe expiration of your current plan.
  • Add umbrella insurance from Safeco.

Consumer complaints

According to statistics compiled over a period of three years by the National Association of Insurance Commissioners, Safeco had a lower-than-anticipated number of home insurance complaints filed with state regulators in comparison to its overall size. (NAIC house insurance complaints also include other kinds of homeowner policies, such as renters and condo insurance, mobile home insurance, and condo insurance.)

Consumer experience

Website: Through the website of Safeco, you will be able to get an estimate, present a claim, and pay your bill. In addition, Safeco maintains a blog that has an extensive article archive, with many posts devoted specifically to the insurance needs of homeowners. App: The Safeco app may be downloaded for both iOS and Android devices. It allows you to submit a claim, pay your bill, check policy paperwork, and do a lot more besides.

Purchasing advice for homeowners' insurance

You may acquire estimates for the cost of house insurance by going online, calling a company, or working with an agent. But before you get started, make sure you've completed these steps:
  1. Determine the level of coverage that is necessary. Is basic coverage adequate for your needs, or do you want to buy additional insurance to cover things like identity theft and backups in the sewage system? Check to see whether any firm you're thinking about doing business with has the choices you need.
  2. Conduct a stocktake. Conduct a thorough inventory of your personal goods to check that you have enough insurance coverage for them. Include every piece of furniture, technological gadget, article of clothing, and piece of jewelry in addition to household stuff. I was wondering how much it would cost you to replace them. This figure is the bare minimum of personal property insurance coverage that you need to obtain.
  3. Create a comparison that is objective. Be certain that all of the insurers provide the same limits and deductibles before beginning your price comparison.
  4. Investigate any complaints from customers. Before deciding on a policy, it is important to consider the number of customer grievances filed against each insurer, even if it may be tempting to just go with the choice that offers the lowest price. In the event that you ever need to make a claim, having poor customer service might have a huge influence on your whole experience.

Instructions for submitting a claim on a homeowner's insurance policy

As soon as it is secure, save the file. If you report a theft or damage to your house as soon as it occurs, your insurance company will be able to appoint an adjuster and begin working on paying out your claim as quickly as possible. When filing a claim, you may be able to do it online or using a company's mobile app, but, in other instances, you may be required to phone your insurance agent or provider instead. Keep your insurance policy number close at hand. Take photos of the damage. Take pictures or videos of all of the damage to bolster your insurance claim. Before contacting your insurance carrier, you should first report anything that has been stolen to the authorities. It's possible that your insurance may request a copy of their report. Stop any more harm from occurring. Take photographs of anything that is damaged or destroyed, and then immediately begin taking measures to avoid any more harm. A blown- out window or a leaking roof, for instance, might both benefit from having a tarp placed over them. Keep all of your purchase receipts since your insurance may pay you for the items you've purchased later.

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