Umbrella 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.
Questions about dividends?
Call us today at 800-242-6422
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.
2Policy payment averages can vary.
3Must be enrolled in AutoPay.