Home Insurance Dividend Policies
Get back up to 20% of your annual premium.1
Dividend policies vs. traditional policies
Amica offers two types of policies: dividend and traditional (non-dividend). While both types of policies offer the same coverage, a dividend policy has additional benefits:
- Returns money to you1
- Lowers your overall policy cost1,2
- Flexible dividend payment options
What is a dividend policy?
A dividend policy returns a portion of your premium back to you, known as a dividend payment, if certain conditions are met. On average, payments are 5-20% of your annual premium.
A dividend policy may cost more up-front, but you can save more in the long run.
Dividend payment options
Another great thing about dividend policies is you get to choose how you receive and use your payment:
- Receive a check in the mail
- Apply it toward a future policy premium
How to get a dividend policy
Getting a dividend policy is simple and can be done at any time. Contact one of our representatives at 800-242-6422 to discuss the options available for your state.
1Dividend policies are not available in every state, may not be available on all policy types, and are not guaranteed. To be eligible to receive a declared dividend, you must be a policyholder when, and if, dividends are declared. Should your policy cancel or terminate for any reason before the end of its full term, you would not be eligible for a declared dividend payment.
2 Policy payment averages can vary.