Kingsway Financial Services Insurance Review & Ratings (2024)

Welcome to Kingsway Financial Services Insurance, your ultimate resource for comprehensive and personalized insurance information. Discover insights into auto, home, and business coverage, empowering you with the knowledge to make informed decisions and secure the protection you need.

UPDATED: Jun 17, 2024Fact Checked

Laura Walker

Former Licensed Agent

Laura Walker graduated college with a BS in Criminal Justice with a minor in Political Science. She married her husband and began working in the family insurance business in 2005. She became a licensed agent and wrote P&C business focusing on personal lines insurance for 10 years. Laura serviced existing business and wrote new business. She now uses her insurance background to help educate...

Former Licensed Agent

Ty Stewart

Licensed Insurance Agent

Ty Stewart is the founder and CEO of SimpleLifeInsure.com. He started researching and studying about life insurance when he got his first policy for his own family. He has been featured as a life insurance expert speaker at agent conventions and in top publications.  As an independent licensed life insurance agent, he has helped clients nationwide to secure affordable coverage while making the...

Licensed Insurance Agent

UPDATED: Jun 17, 2024

Advertiser Disclosure

It’s all about you. We want to help you make the right coverage choices.

Advertiser Disclosure: We strive to help you make confident insurance decisions. Comparison shopping should be easy. We are not affiliated with any one insurance company and cannot guarantee quotes from any single insurance company.

Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different insurance companies please enter your ZIP code above to use the free quote tool. The more quotes you compare, the more chances to save.

Editorial Guidelines: We are a free online resource for anyone interested in learning more about insurance. Our goal is to be an objective, third-party resource for everything insurance related. We update our site regularly, and all content is reviewed by insurance experts.

UPDATED: Jun 17, 2024

Advertiser Disclosure

It’s all about you. We want to help you make the right coverage choices.

Advertiser Disclosure: We strive to help you make confident insurance decisions. Comparison shopping should be easy. We are not affiliated with any one insurance company and cannot guarantee quotes from any single insurance company.

Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different insurance companies please enter your ZIP code above to use the free quote tool. The more quotes you compare, the more chances to save.

UPDATED: Jun 17, 2024Fact Checked
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Kingsway Financial Services Insurance

Average Monthly Rate For Good Drivers

$100

A.M. Best Rating:

A

Complaint Level:

Low

Pros

  • Competitive and affordable premium rates
  • Diverse range of insurance products, catering to various needs
  • Excellent customer service with a quick and efficient claims process
  • Flexible policy options and customizable coverage
  • Positive customer reviews and high satisfaction ratings

Cons

  • Limited availability in certain regions
  • Discounts may not be as extensive as some competitors
  • Online tools and resources could be more user-friendly
  • Some policy add-ons may come at an extra cost
  • Limited options for specialized or niche insurance needs

In conclusion, Kingsway Financial Services is a reputable insurance company that offers a variety of insurance products and services designed to meet the needs of drivers and homeowners in several states across the United States.

Their commitment to customer service and support, along with their range of discounts and benefits, make them a popular choice among policyholders looking for comprehensive and affordable insurance coverage. Whether you’re looking for car insurance, home insurance, or business insurance, Kingsway Financial Services offers a wide range of options to help you find the coverage you need.

If you’re looking to compare car insurance quotes, it’s worth considering Kingsway Financial Services as an option to help you find the right insurance policy for your needs and budget.

What You Should Know About Kingsway Financial Services Insurance

Welcome to Kingsway Financial Services Insurance, the ultimate resource for comprehensive and personalized insurance information. Our mission is to empower you with knowledge and guide you through the intricacies of insurance. We delve into an array of key topics, covering everything from auto insurance and homeowners insurance to commercial insurance and personal liability coverage.

  • Kingsway Financial Services is committed to offering affordable rates to individuals of all ages and backgrounds, making it easier for everyone to get the coverage they need to protect themselves.
  • The company offers a variety of discounts to customers who qualify, including safe driving discounts, multi-car discounts, and more, making it easy to save money on your coverage.
  • Kingsway Financial Services is available in several states across the country, offering a range of products and services to meet the needs of drivers everywhere.

Trust Kingsway Financial Services Insurance to be your reliable partner in safeguarding your assets and providing you with the peace of mind you deserve. Enter your zip code now and embark on your journey towards comprehensive and tailored insurance coverage.

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History and Mission of Kingsway Financial Services

Kingsway Financial Services was founded in 1989 with the mission of providing affordable car insurance coverage to drivers in several states across the country. The company was established with the goal of serving customers who may have had difficulty finding affordable insurance elsewhere, particularly those who have had driving accidents, incidents, or convictions on their record or have limited financial means.

Over the years, Kingsway has expanded its offerings to include a wide range of products and services, as well as additional discounts and extras. Despite its growth, the company has maintained its commitment to customer service and affordability, which is reflected in the various programs and initiatives they have introduced to help customers get the coverage they need.

One of Kingsway’s core values is to ensure that every customer is treated with respect and receives exceptional customer service. The company believes that insurance should be an easy and accessible service for everyone, and they strive to make the process as simple and straightforward as possible for their customers.

In addition to its focus on customer service, Kingsway is also committed to promoting safe driving practices and helping to reduce the number of accidents on the road. They offer a range of resources and programs to educate their customers on safe driving practices and encourage them to take steps to avoid accidents and incidents.

Kingsway Financial Services Insurance Coverage Options

Kingsway Financial Services offers a wide range of insurance products and services designed to meet the needs of drivers in several states across the country. Some of their key offerings include:

  • Auto insurance: Kingsway offers a range of car insurance options to suit the needs of drivers at every level. Their policies typically include liability coverage, collision coverage, and comprehensive coverage, as well as additional options such as personal injury protection (PIP) and uninsured/underinsured motorist coverage.
  • Commercial auto insurance: For businesses that use vehicles as part of their operations, Kingsway offers commercial auto insurance that provides coverage for vehicles and drivers on the job. This can include liability coverage, physical damage coverage, and more.
  • Home insurance: In addition to their car insurance products, Kingsway also offers home insurance coverage for homeowners and renters. Their policies typically include coverage for the structure of the home, personal property, and liability coverage.
  • Business insurance: Kingsway offers a range of business insurance products designed to protect companies from a variety of risks. This can include general liability insurance, property insurance, and workers’ compensation insurance, among others.

Kingsway Financial Services also provides a range of extra features and benefits to their policyholders, including:

  • 24/7 customer support: Kingsway offers round-the-clock customer support to ensure that their policyholders can get the help they need whenever they need it.
  • Easy online access: Kingsway’s online platform allows customers to manage their policies, pay bills, and make claims from anywhere at any time.
  • Affordable payment plans: Kingsway offers a range of payment plans and options to help customers find a plan that works for their budget.

Overall, Kingsway Financial Services’ products and services are designed to offer comprehensive coverage and affordability to drivers and homeowners in several states across the country. Their commitment to customer service and support makes them a top choice for many customers looking for insurance coverage.

In which states is Kingsway Financial Services insurance offered?

Kingsway Financial Services provides insurance coverage in the following states:

  • Arizona
  • California
  • Florida
  • Georgia
  • Illinois
  • New York
  • Texas

It’s worth noting that the availability of specific insurance products and discounts can vary depending on the state, so it’s important for customers to check with Kingsway or a licensed insurance agent in their state to learn more about the specific products and services available to them.

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Kingsway Financial Services Insurance Rates Breakdown

Kingsway Financial Services offers affordable rates on all of their products and services, making it easy for drivers to get the coverage they need without breaking the bank. The cost of coverage will depend on several factors, including your driving history, the type of vehicle you drive, and the level of coverage you need.

However, Kingsway’s commitment to affordability means that you can always count on getting a fair and reasonable price for your coverage.

Kingsway Financial Services Insurance Discounts Available

Kingsway Financial Services offers several insurance discounts to their policyholders, designed to help customers save money on their insurance premiums. Some of the discounts available include:

  • Safe driver discount: Customers who maintain a clean driving record with no accidents or violations can qualify for a safe driver discount. This discount is usually available to drivers who have been accident-free for at least three years.
  • Multi-car discount: Policyholders who insure multiple cars with Kingsway may qualify for a multi-car discount. This discount can vary depending on the number of cars insured and other factors.
  • Good student discount: Students who maintain good grades may qualify for a good student discount. This discount is usually available to students who maintain a B average or better.
  • Homeowner discount: Customers who own their own home may qualify for a homeowner discount on their car insurance policy. This discount can vary depending on the state and other factors.
  • Continuous coverage discount: Policyholders who maintain continuous insurance coverage with Kingsway without any lapses in coverage may qualify for a continuous coverage discount.

In addition to these discounts, Kingsway Financial Services also offers a range of other ways for customers to save money on their insurance, such as paperless billing and payment plans that offer discounts for paying in full or setting up automatic payments.

Overall, Kingsway’s insurance discounts make it possible for policyholders to save money on their premiums while still getting the coverage they need.

Absorbing the Ins and Outs of the Claims Procedure at Kingsway Financial Services Insurance

Ease of Filing a Claim

Kingsway Financial Services Insurance offers multiple convenient options for filing insurance claims. Policyholders can initiate the claims process through an online portal, over the phone, or via the company’s mobile app. This flexibility allows customers to choose the method that best suits their preferences and needs.

Average Claim Processing Time

The speed at which insurance claims are processed is a critical factor for customers seeking prompt resolutions. Kingsway Financial Services is committed to efficient claim processing.

While the exact processing time may vary depending on the nature and complexity of the claim, the company strives to ensure that claims are handled swiftly, providing policyholders with timely assistance during challenging times.

Customer Feedback on Claim Resolutions and Payouts

Customer feedback plays a crucial role in evaluating an insurance company’s performance. Kingsway Financial Services values customer input and continually seeks to improve its claims resolution process. Feedback from policyholders regarding claim resolutions and payouts is generally positive, highlighting the company’s dedication to providing fair and satisfactory outcomes.

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Leading the Pack: Kingsway Financial Services Insurance Digital and Technological Innovations

Mobile App Features and Functionality

Kingsway Financial Services Insurance offers a user-friendly mobile app that provides policyholders with convenient access to their insurance information. The app offers features such as policy management, claims filing, and digital ID cards. This technology empowers customers to easily handle their insurance needs on the go, making it a valuable tool for policyholders.

Online Account Management Capabilities

The company’s online account management capabilities are designed to simplify policy administration for customers. Policyholders can access their accounts through the website to view policy details, make payments, and update personal information. This online convenience enhances the overall customer experience and streamlines interactions with Kingsway Financial Services.

Digital Tools and Resources

Kingsway Financial Services Insurance provides a range of digital tools and resources to support its customers. These resources include educational content, insurance calculators, and informative articles. These digital assets are designed to empower policyholders with knowledge and assist them in making informed decisions regarding their insurance coverage.

How Kingsway Financial Services Insurance Ranks Among Providers

Kingsway Financial Services faces competition from various reputable companies. Each competitor brings its unique strengths and offerings to cater to the diverse needs of policyholders. Below is a list of prominent competitors in the insurance industry.

  • Progressive Insurance: Known for its innovative approach and competitive rates, Progressive is a major player in auto insurance, offering a range of coverage options and discounts.
  • State Farm: With a vast network of agents, State Farm is recognized for its personalized service and comprehensive coverage options, extending beyond auto and home insurance.
  • Geico: Geico, or Government Employees Insurance Company, is renowned for its cost-effective policies and user-friendly online platform, making insurance accessible to a broad audience.
  • Allstate: Allstate is a well-established provider offering a wide range of insurance products, known for its focus on customer service, extensive agent network, and innovative coverage options.
  • Liberty Mutual: Liberty Mutual provides a diverse array of insurance solutions, including auto, home, and business insurance, with a commitment to personalized service and risk management.
  • Nationwide: Recognized for its “Nationwide is on your side” slogan, this company offers a variety of insurance products and emphasizes customer-centric solutions.
  • Farmers Insurance: Farmers is known for its extensive range of insurance products and services, including home, auto, business, and life insurance, with a strong emphasis on local agent representation.
  • Travelers: As a leading property and casualty insurer, Travelers focuses on providing a broad range of insurance products and risk management services for individuals and businesses.
  • USAA: Catering primarily to military members and their families, USAA is praised for its excellent customer service and comprehensive suite of financial products and services.
  • The Hartford: The Hartford specializes in insurance solutions for businesses, offering a variety of commercial coverage options and risk management services.

Each competitor brings its unique strengths and areas of expertise, providing consumers with a diverse array of choices when selecting insurance coverage.

Customers of Kingsway Financial Services generally report high levels of satisfaction with the company’s products and services. Many customers appreciate the company’s commitment to affordable rates and customer service, as well as their range of offerings and discounts.

Some customers have reported issues with claims processing or other administrative matters, but overall, the company’s strengths seem to outweigh any weaknesses.

Frequently Asked Questions

What is Kingsway Financial Services?

Kingsway Financial Services is an insurance company that provides auto, home, and business coverage to individuals and businesses for over 30 years.

In which states does Kingsway Financial Services offer insurance coverage?

Kingsway Financial Services provides insurance coverage in several states across the United States, including Arizona, California, Colorado, Florida, Illinois, Texas, and more.

What insurance products and services does Kingsway Financial Services offer?

Kingsway Financial Services offers a wide range of insurance products and services, including auto insurance, home insurance, business insurance, and other related products and services.

How much does Kingsway Financial Services insurance cost?

The cost of insurance coverage from Kingsway Financial Services will depend on several factors, including driving history, type of vehicle, and level of coverage needed. However, Kingsway Financial Services is known for its affordability and provides reasonable and competitive rates.

What insurance discounts does Kingsway Financial Services offer?

Kingsway Financial Services offers several insurance discounts to policyholders, including multi-policy discounts, safe driver discounts, and discounts for paying in full or setting up automatic payments.

What do customers say about Kingsway Financial Services insurance?

Customers of Kingsway Financial Services generally report high levels of satisfaction with the company’s products and services. They appreciate the company’s commitment to affordable rates and customer service, as well as their range of offerings and discounts. However, some customers have reported issues with claims processing or other administrative matters.

How can I get a quote from Kingsway Financial Services?

You can get a quote from Kingsway Financial Services by visiting their website, contacting a licensed insurance agent, or using an online comparison tool. It is always recommended to compare quotes from multiple insurance providers to find the best coverage and price for your needs.

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Laura Walker

Former Licensed Agent

Laura Walker graduated college with a BS in Criminal Justice with a minor in Political Science. She married her husband and began working in the family insurance business in 2005. She became a licensed agent and wrote P&C business focusing on personal lines insurance for 10 years. Laura serviced existing business and wrote new business. She now uses her insurance background to help educate...

Former Licensed Agent

Ty Stewart

Licensed Insurance Agent

Ty Stewart is the founder and CEO of SimpleLifeInsure.com. He started researching and studying about life insurance when he got his first policy for his own family. He has been featured as a life insurance expert speaker at agent conventions and in top publications.  As an independent licensed life insurance agent, he has helped clients nationwide to secure affordable coverage while making the...

Licensed Insurance Agent

Editorial Guidelines: We are a free online resource for anyone interested in learning more about insurance. Our goal is to be an objective, third-party resource for everything insurance related. We update our site regularly, and all content is reviewed by insurance experts.

Free Insurance Comparison

Compare quotes from the top insurance companies and save!

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