Started By
Message

Homeowners Insurance Question - Centauri

Posted on 11/10/22 at 3:46 pm
Posted by Day Man
Baton Rouge
Member since Aug 2009
1213 posts
Posted on 11/10/22 at 3:46 pm
I'm stupid when it comes to this stuff and am hoping someone here can advise.

Until recently I had homeowners coverage with UPC. I had to switch recently to another carrier at a much higher premium. Afterward I received a significantly lower quote from Centauri. My concern is the Centauri quote seems to good to be true.

Can anyone speak to Centauri's credit rating and financial stability?
Posted by bluemoons
the marsh
Member since Oct 2012
5523 posts
Posted on 11/10/22 at 3:55 pm to
Interesting, because I just received a Centauri quote that was significantly higher than others I got. Wound up going with Allstate. I'd recommend reaching out to them.

I don't know anything about Centauri's stability, but here is their Demotech rating: LINK /

For whatever reason, I can't pull them up on A.M. Best.
Posted by ellunchboxo
Gtown
Member since Feb 2009
18831 posts
Posted on 11/10/22 at 4:15 pm to
We built our house in 2018 and had Centauri for two years with no issues. Pretty cheap. In year three, it doubled.

Went with State Farm who came in a small percentage higher than my original price with Centauri
Posted by Chad504boy
4 posts
Member since Feb 2005
166508 posts
Posted on 11/11/22 at 8:46 am to
quote:

Afterward I received a significantly lower quote from Centauri. My concern is the Centauri quote seems to good to be true.


Centauri just had rate changes and deductible changes in late October ish time. Make sure its a current quote. But Centauri is one of the extreme few writing policies at this time. Asking about financial stability is pretty laughable. Its a demotech company, been around a good while. Were one of the big ones writing a ton after Katrina. Still around so that's good. Writing new business so thats even better.
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram