Kingstone Insurance Company – Overviews and Reviews

Kingstone Insurance Company – Overviews and Reviews

Kingstone Insurance - Overview

The Kingstone Insurance Company was established back at the year 1886 and has already marked its Century of establishment. The Company initially started small with the name as Co-Operative Fire Insurance which was located at Catskill in New York. Then after 90 years of its establishment the Company then changed its name to Commercial Mutual Insurance Company. And finally in the year 2009 the company came up with its present name which is Kingstone Insurance Company. The headquarter of this company is currently located at historic Kingston, New York where it had shifted to in the year 1998.

Since the establishment of the company the company has gained a lot of heights and has come this far and today it is one of the top insurance companies in the New York and also among the United States. Every year the company is growing and reaching at newer levels with greater customer satisfactions. Only in the year 2013 the company had a tremendous capital raise including $18.8million, Renaissance Re in 2016 had $5 million private placement and a $31.7 million follow on offering in the early of the year 2017.

At present the company is ranked as one of the top 20 largest writers of New York Home owners insurance. Not only this but also Kingstone holds double digit annual premium along with strong underwriting profits. In May of 2017 Kingstone Insurance Company started its New Jersey Homeowners product along with other additional states so as to have broader plans for the future. In recent the company is focused onto niche markets that include coastal property exposures, high value homes, small commercial risks and livery physical damage auto. The company has always sustained itself in the top insurance company of the USA which is mainly because of the company writes business strictly through its independent agents and has always been providing a strong market presence as of its superior provision of services.

Kingstone provides a range of coverage’s which can be tailors as per the individual needs. The major coverage that the company provides include Commercial package, Commercial Umbrella, For Hire, Homeowners, Landlords, Condo/Co-Op, Personal Umbrella, Canine Legal and Business owners. Kingstone has always been providing the best customer service that it can so as to keep the clients happy and has always valued the money of the customers. Kingstone has made business even easier as it has ensured its clients to have policy choices and then add the required features. 

Kingstone Insurance – Customer Reviews

The ratings of the Kingstone insurance are very low and have an average rating of below medium which is not so very good for Kingstone Insurance. This rating will have a huge impact on the company’s progress and may establish the company as a fraud company despite the recognitions that it has got over the years.

People doesn’t seem to have a pleasant experience with the Kingstone Insurance and has a lot of complains regarding the policy of the company. They seem to be avoiding their customer’s problem and aren’t responding towards most of the claims filed. This is a total ignorance towards the money of the clients and it will indeed not have a good impression about the company for the reference to other new clients.

However, some of the clients have posted about having a totally great experience with Kingstone Insurance Company. They have talked about how great the customer service was and have even praised about what Kingstone did to them. They were really pleased to have the deal with Kingstone. Even the agents also seem to be very friendly and helped out their clients in most of the difficulties regarding insurance business. They make their clients completely clear about any terms and procedure in the insurance deal.

Kingstone Insurance Company doesn’t seem to be recommended by most of the customers as due to the dissatisfaction that they had to face due to the company. Rarely some of them have recommended it to the site visitors other rest have complained Kingstone as being a bad choice company. 

Hence these are some reviews that the people have made to Kingstone Insurance Company. Have your experience shared and your opinions on this life insurance then feel totally free and comment us down below. OR if there is any problem regarding the insurance cost, plans, policies or coverage then do comment it down below. We will try to give you the best solution as soon as possible. This is all about Kingstone Insurance Company – Overviews and Customers Reviews.