Edison Insurance Company Reviews: Is It Worth Your Time and Money?

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You’ve probably seen ads for Edison Insurance Company, promising affordable and comprehensive insurance coverage for your home, condo, or rental property. But with so many insurance providers out there, how do you know if Edison is the right choice for you? In this article, we’ll review Edison Insurance Company and provide you with all the information you need to make an informed decision.

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About Edison Insurance Company

Edison Insurance Company is a Florida-based insurance provider that specializes in home, condo, and rental property insurance. The company was founded in 2006 and has since provided coverage to thousands of Florida residents. They pride themselves on providing affordable rates and exceptional customer service.

In addition to their standard insurance policies, Edison also offers several add-on options, such as flood insurance and equipment breakdown coverage. They also provide discounts for things like multiple policies, new homes, and homes with certain safety features.

Edison’s Coverage Options

Edison offers three main coverage options:

Coverage Option
What’s Covered
What’s Not Covered
Homeowners Insurance
Damage to your home and personal property, liability protection, additional living expenses
Flood and earthquake damage, intentional damage or negligence, damage from normal wear and tear
Condo Insurance
Damage to your condo and personal property, liability protection, loss of use coverage
Flood and earthquake damage, intentional damage or negligence, damage to common areas
Rental Property Insurance
Damage to your property and personal property, liability protection, loss of rent coverage
Damage caused by tenants, intentional damage or negligence, damage from normal wear and tear

Edison’s Add-On Coverage Options

In addition to their standard coverage options, Edison also offers several add-on options:

Add-On Coverage Option
What’s Covered
Flood Insurance
Damage from flooding
Equipment Breakdown Coverage
Damage to appliances and systems due to mechanical or electrical breakdown
Identity Theft Coverage
Assistance with recovery and reimbursement for expenses related to identity theft

Pros and Cons of Edison Insurance

Pros:

Affordable Rates: Edison’s rates tend to be lower than many of their competitors, making them a great option for those on a tight budget.

Exceptional Customer Service: Edison has a reputation for providing excellent customer service. Their support staff is knowledgeable and helpful, and they make it easy to file claims and manage your policy online.

Flexible Coverage Options: Edison offers a range of coverage options, including add-on options, so you can customize your policy to fit your needs.

Cons:

Limited Availability: Edison only offers coverage in Florida, so if you live outside of the state, you’ll need to look elsewhere for insurance.

Limited coverage for high-value items: If you have expensive items, like jewelry or artwork, you may need to purchase additional coverage to protect them.

Edison Insurance FAQs

Q: How do I file a claim with Edison Insurance?

A: You can file a claim with Edison Insurance by calling their claims hotline at 1-888-683-7971 or by logging onto their website and filing a claim online.

Q: What discounts does Edison Insurance offer?

A: Edison offers several discounts, including:

  • Multi-policy discount
  • New home discount
  • Protective devices discount (for homes with certain safety features)

Q: Does Edison Insurance cover damage from hurricanes?

A: Yes, Edison Insurance covers damage from hurricanes, but only if you have purchased their optional hurricane coverage.

Final Thoughts

Edison Insurance Company is a solid choice for those looking for affordable and flexible home, condo, or rental property insurance in Florida. While they may not offer as much coverage for high-value items, their rates are lower than many of their competitors, and their customer service is exceptional. If you’re a Florida resident in need of property insurance, be sure to add Edison Insurance Company to your list of options.

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