Cincinnati Insurance Reviews 2023

Overview

• No. of reviews: Clearsurance (145), BBB (5), Trustpilot (58), Total reviews (208)
• No. of ratings: Clearsurance (3.91), BBB (1), Trustpilot (4.7), Avg ratings (3.20)
• Address: 6200 S Gilmore Rd, Fairfield, OH 45014
• Phone number: +1 513-870-2000

About Cincinnati

Cincinnati Financial Insurance is a top-rated insurance company that provides a range of insurance products and services to individuals and businesses. Established in 1950, the company has grown to become one of the most reputable insurance providers in the United States, with a strong reputation for financial strength, stability, and customer satisfaction. Cincinnati Financial Insurance offers a wide range of insurance products, including property and casualty insurance, life insurance, disability income insurance, and annuities. They are known for their exceptional claims handling, personalized service, and commitment to their policyholders. In this article, we will provide an overview of Cincinnati Financial Insurance, including their history, products, and services, and what sets them apart from other insurance providers.

Additional Services

• Crime
• Cyber risk
• Excess and surplus
• Inland marine
• Management liability
• Professional liability (E and O)
• Reinsurance
• Surety solutions
• Umbrella liability
• Workers’ compensation

Cincinnati Home Insurance Cost

Typically, the cost of insuring a home is around $1,428 per year for $250,000 of dwelling coverage. However, Cincinnati Insurance offers the same coverage for an average yearly premium of $987. It’s important to note that the cost of home insurance can be influenced by various factors, such as the characteristics of your property, your claims record, your location, and the limits of your policy. 

Cincinnati Auto Insurance

Cincinnati Insurance offers a range of auto insurance products to meet the needs of drivers. The company’s auto insurance policies provide coverage for bodily injury liability, property damage liability, collision, comprehensive, and personal injury protection. Customers can also add optional coverages like rental reimbursement, emergency roadside assistance, and gap insurance to their policies.

One unique feature of Cincinnati Insurance’s auto insurance policies is the “enhanced auto policy” option, which provides additional protection beyond the standard policy limits. This option includes higher limits of liability coverage, as well as coverage for a range of scenarios not typically covered by standard policies, such as the cost of replacing lost or stolen keys, rental car damage, and legal defense costs.

Cincinnati Insurance also offers a number of discounts to help customers save money on their auto insurance premiums. These include discounts for good drivers, multiple vehicles, safety features, and students with good grades. Customers can also save money by bundling their auto insurance policy with other insurance products, such as home or umbrella insurance.

Cincinnati Renters Insurance

Cincinnati Insurance provides renters insurance policies to help tenants protect their personal belongings and liability. Renters insurance is essential for those who are renting a home or apartment as it offers financial protection in case of unexpected events such as theft, fire, or damage caused by water leaks.

Cincinnati Insurance’s renters insurance policies typically cover personal property, including furniture, electronics, clothing, and other belongings, against a variety of perils. In addition to property coverage, the policies also provide liability protection in the event that a guest is injured on the premises or if the policyholder accidentally causes damage to someone else’s property.

One notable aspect of Cincinnati Insurance’s renters insurance is the ability to customize coverage based on individual needs. Policyholders can choose the level of coverage that suits their personal belongings and add additional endorsements to protect specific items or cover unique situations. For example, valuable item coverage can be added to protect high-value possessions like jewelry, fine art, or collectibles.

Cincinnati Insurance also offers a range of discounts to help renters save on their premiums. These discounts may include security system discounts, claims-free discounts, or discounts for combining renters insurance with other policies, such as auto insurance.

Third Party Ratings

BBB

Cincinnati Insurance has an A+ rating on the Better Business Bureau (BBB) website, which indicates that the company has a good reputation for resolving customer complaints. However, there are only a limited number of customer reviews available on the BBB website, making it difficult to draw broad conclusions about the company’s customer service.

Trustpilot

Cincinnati Insurance has a 3.3-star rating on Trustpilot, which is considered “average” by the review platform’s standards. Customers who have left positive reviews on Trustpilot often praise the company’s customer service and responsiveness to claims. However, some customers who have left negative reviews have criticized the company’s high rates and slow claims processing times.

Clearsurance

Cincinnati Insurance has a 3.91-star rating on Clearsurance, which is based on customer reviews of the company’s insurance products. Customers who have left positive reviews often praise the company’s customer service and the ease of the claims process. However, some customers who have left negative reviews have criticized the company’s high rates and the difficulty of dealing with claims adjusters.

Overall, the third-party reviews for Cincinnati Insurance are mixed. If you are considering purchasing an insurance policy from Cincinnati Insurance, it’s important to do your research and carefully consider the reviews before making a decision.

Is Cincinnati a Good Insurance Company? Our Thoughts

While Cincinnati Insurance has been in business for over 70 years and has a good reputation for resolving customer complaints, third-party reviews offer a more nuanced look at the company’s strengths and weaknesses. Ultimately, reading a variety of reviews can help you get a better understanding of the company’s offerings and make an informed decision about whether Cincinnati Insurance is the right choice for your insurance needs.

Still not sure if Cincinnati is right for you?

You might want to consider these other carriers as well:

Auto owners insurance review>>

Chubb insurance review>>

Sources

Cincinnati Insurance

BBB

Clearsurance