UPC Homeowners Insurance Review

UPC homeowners insurance quotes

UPC has cheap quotes for people who own expensive homes, but rates are less competitive for homeowners who need lower

dwelling coverage limits.

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For example, a UPC policy with $550,000 of dwelling coverage costs $3,137 per year to insure, on average. That’s 7% cheaper than its competitors. But $150,000 of dwelling coverage costs $1,491 per year from UPC, which is $303 per year more expensive than the cheapest insurer we found, State Farm.

Graph comparing homeowners insurance rates between UPC and competitors in Florida

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Homeowners who need $350,000 of dwelling coverage can also find cheaper coverage elsewhere. A policy from UPC costs $2,453 per year, which is $309 per year more expensive than a policy from State Farm.

Average annual rate by dwelling coverage

UPC homeowners insurance discounts

UPC offers a larger range of discounts to customers than a typical medium-size insurer. Insurance buyers could get a discount for bundling multiple policy types together, such as home and auto. One unusual discount for bundling we liked is a 5% reduction in home insurance premium if you buy flood coverage from UPC, including NFIP. NFIP flood rates are set by the federal government, so you typically can’t save money by buying them from one insurer over another. But this bundling discount allows UPC customers to save by purchasing both policies through one company.

Home insurance discounts from UPC

  • Bundle home, umbrella, auto and/or flood insurance
  • Protective devices (home security system)
  • Accredited builder
  • New roof
  • Hip roof
  • Wind mitigation for windows or doors
  • Senior/retiree
  • Newer home
  • Pay in full

Not all discounts are available in every state. Additionally, as with all home insurance discounts, the most important thing isn’t the number of discounts you qualify for, but the final price you pay. Always check with multiple insurance companies to see which offers the best overall price after factoring in discounts.

Homeowners insurance coverages available from UPC

UPC has a wide range of optional homeowners insurance coverages, beyond typical options for your home’s dwelling, personal property and liability protection. Many of the coverages available are especially relevant to homeowners in coastal or warmer climates, such as golf cart coverage.

Optional coverages available from UPC:

  • Home systems protection
  • Identity theft
  • Water backup
  • Water damage
  • Wind endorsement
  • Dwelling foundation
  • Service/utility line
  • Golf cart
  • Pet liability (some breeds)

Availability may vary by state, so check with a local UPC insurance agent to see what you qualify for.

Extended coverage packages

In most states where it writes insurance, UPC offers one or more extended coverage packages, typically called Premier and Premier Plus endorsements. These bundles increase both the types of coverage provided to home insurance buyers and the dollar coverage limits of some coverages provided by the base package.

For example, the Premier package in Florida includes replacement cost coverage for personal property. It also increases tree removal coverage from $1,000 to $2,000. Here’s a comparison of the extra coverages provided through UPC’s Premier and Premier Plus endorsements, as opposed to the base package.

Coverage

Base

Premier

Premier Plus

Additional coverage A (dwelling)–25% beyond replacement costAdditional coverage C (personal property)*-50% beyond replacement cost70% beyond replacement costPersonal property replacement costNoYesYesPersonal injuryNoYesYesWater backup-$5,000$5,000Refrigerated contents-$500$500Lock replacement-$250$500Equipment breakdown–$50,000Identity theft–$50,000Special personal property coverageNoNoYes

Keep in mind that the structure and availability of UPC’s endorsement packages vary by state, so the options available to you may differ. Additionally, we did not list coverages for which the endorsement only increased the dollar amount above the base coverage, such as for jewelry and cash.

UPC flood insurance

UPC sells two kinds of flood insurance, though it does not write policies directly for either federally backed policies through the NFIP or private policies through a flood insurer.

Coverage purchased from the NFIP is backed by the U.S. government, and rates are the same no matter where you buy from. The cost of private insurance varies, so you may or may not get a better rate from the private insurer, but there’s no downside to comparing. Additionally, buying home and flood insurance from the same company can streamline the claims process after a storm, especially if you are also planning on making a homeowners insurance claim for wind or other damage.

Other property coverages available from UPC

In addition to standard homeowners insurance (HO-3), UPC also offers other types of home insurance. While homeowners generally don’t need to purchase both HO-3 coverage and another type of insurance for the same property, you’ll likely need to buy multiple policies if you own another building besides the one you live in, or rent out a vacation home.

  • Renters insurance: covers personal property and liability in a rented apartment or house.
  • Condo insurance: covers personal property, limited structural elements and personal liability in a condominium building or development.
  • Landlord/commercial residential property coverage: protects the structure of a building you rent out, as well as liability coverage.