Narragansett Bay Insurance Company (NBIC) is a prominent specialized underwriter of homeowners insurance, catering primarily to residents along the Eastern seaboard and California. Headquartered in Johnston, Rhode Island, NBIC operates through a comprehensive network of independent agents, ensuring that homeowners receive tailored coverage that meets their specific needs. The company emphasizes the belief that responsible homeowners who actively maintain their properties should have access to superior service and coverage options. Consequently, NBIC exclusively focuses on homeowners insurance, striving to provide flexible and fair policies regardless of the size or location of the home.
One of the standout offerings of NBIC is its unique ShelterPride program, which involves thorough interior and exterior assessments of homes. This process ensures that policyholders have the appropriate level of coverage based on replacement costs while identifying safety risks and potential discounts due to proactive home maintenance. This innovative approach to risk management not only enhances policyholder safety but also promotes success when claims arise.
Furthermore, the company has been recognized for its financial stability, holding an 'A, Exceptional' Financial Stability Rating® (FSR) from Demotech, Inc., which is significant for policyholders and prospective clients. This rating is acknowledged by several government-sponsored enterprises, contributing to the company's credibility in the insurance market.
With the mission to provide peace of mind to responsible homeowners, particularly those in coastal areas, Narragansett Bay Insurance Company is dedicated to exceeding the expectations of policyholders and agents alike. Their core values, represented by the acronym 'INSPIRE,' guide their daily operations and enhance their commitment to exceptional service. As NBIC continues to grow, it aims to expand its services to additional states, reinforcing its status as a vital player in the homeowners insurance sector.
