Encompass Insurance Review: From an Industry Expert on Home Insurance - YA



Encompass Insurance Review

Encompass
 (formerly part of CNA) was founded back in 1897 and has over 120 years experience selling personal lines products. Encompass is a national insurance carrier selling in 40 states. In 1999, Encompass joined the Allstate family, and currently distributes products through over 2,400 independent agents. (just like us)

The Product

Where does Encompass shine? In most states, they offer three different levels of home insurance protection, and can be considered a premium carrier. Let's take a look at how their home policies differentiate from most of the industry:

       
  Special Deluxe Elite
Uncapped Property Coverage Limit Some States Typically included Included
Mold Coverage $5,000 included $10,000 included $10,000 included
Water Back-up Optional $10,000 included Full Coverage
Jewelry Coverage $1,500 included $5,000 included $10,000 included
Additional Living Expenses 20% of dwelling coverage Unlimited for 12 Months Unlimited for 12 Months
Home Computer Coverage Optional Unlimited Unlimited
Walk-away Coverage Depends on state Depends on state Depends on state

When you are an Encompass customer, all of your coverages are defined on the single EncompassOne policy. So if you have 3 homes, 8 cars, and a boat, everything is on a single policy. This is great because it simplifies all of the paperwork and you only have one bill to pay.

Their auto products are considered premium in the industry. Encompass offers nearly all the available auto coverages and you can even easily add an umbrella, up to $5 million in liability coverage.

The Pricing

Encompass is traditionally considered a "package carrier", and can handle all of your insurance needs, soup to nuts. Your home, cars, that vacation home, and an umbrella can all be covered under the Encompass brand. They are most competitive on price when you have your home and auto bundled together, usually offering 20% discounts on each product when bundled. Make sure your agent is finding all available discounts with them - some of the big ones below.

Key Discounts

  • Company Car Discount
  • Wind-Mitigation Credits
  • Bundle Home and Auto
  • Updates to Roof, Plumbing, Heating, Electrical
  • Advanced Quote

The Carrier

Encompass is rated "A+" by AM Best and has been on solid financial footing since its founding in the 1890's. I wouldn't worry about them going anywhere anytime soon.

The Claims

Policyholders can file a claim over the phone (800-588-7400) any hour of the day or night. In the event of a loss, customers should take photographs, do the minimal amount necessary to prevent further loss, and save any relevant receipts. Encompass has been paying out claims for centuries and it's NAIC complaint ratio for homeowners insurance is 0.66, which is much better than the industry median of 1.00. (lower is better) Great job Encompass!

Where is Encompass Available?

The Reviews

Encompass has top notch ratings from multiple sources. They tend to offer extra coverage and provide great claims services when disaster strikes. 

In summary, Encompass may be the best option for you if you are looking to bundle multiple policies and get full coverage all on one policy. They are a top all-around contender and have been offering insurance for over 100 years.

Compare Encompass Quotes

At your service,
Young Alfred

Disclosure: Encompass is one of the many options Young Alfred offers for home insurance. Young Alfred did not receive any compensation or direction from Encompass in writing this review.