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How do customers rate Franklin Mutual Insurance (FMI)?

are likely to renew their policy
are likely to renew their policy
are likely to renew their policy

Franklin Mutual Insurance (FMI) ratings and coverages

Franklin Mutual Insurance Company was established in 1879 and stands today as a respected insurance company of New Jersey. FMI, which offers homeowners and business insurance, exclusively sells its policies through independent agents. The company states that its insurance is competitively priced and fair with an efficient and effective claims process.

What more should you know about Franklin Mutual Insurance?

FMI offers a free Roost Smart Water Leak and Freeze Detector to eligible FMI homeowners insurance policyholders. This gadget is able to detect water leaks, humidity, or freezing temperature situations and alert homeowners via a mobile app. The detector is designed to help minimize damage to areas of the home that may be prone to leaks or other complications.

What discounts are available?

Franklin Mutual has many ways that people can save on their insurance policies. You can opt to have a higher deductible to, in turn, have lower premiums. Discounts unique to the homeowners insurance policies include a new home discount if your home is less than 12 years old and a discount if you have fire sprinklers in your home. Additional discounts that apply to FMI homeowners, renters and condo policies include:

  • Customer Loyalty Discount: Loyal customers who have had policies with FMI for a certain span of time may qualify for this discount
  • Alarms and Alarm Systems Discount: Units with certain safety or security alarms may earn this discount
  • Mature Homeowners Discount (55+): Homeowners may qualify for this discount if they are over 55 years of age

Remember, the best way to know what discounts you might qualify for to reduce the price of your premiums is by talking to an agent.

What coverages does Franklin Mutual Insurance (FMI) offer?

Before making any final decisions on your insurance company, it is important to learn as much as you can about your local insurance providers, and the coverages they offer. Call your local insurance agent to clear up any questions that you might have. Questions to consider asking include, "What is the best coverage plan for me/my family/my situation?" "What are the minimum coverage requirements in my state and what form of coverage do you recommend?" "Do you guys offer any bundle discounts if I take out both my auto insurance and home insurance with you?" and "What is the average rate of insurance quotes you guys offer?"

Before making any big insurance decisions, use our free tool to compare insurance quotes near you. It's simple, just plug in your zip code and we'll do the rest!

What states does Franklin Mutual Insurance (FMI) do business in?

Franklin Mutual Insurance (FMI) sells homeowners and renters insurance in 1 state. See the state Franklin Mutual Insurance (FMI) sells in below and click the link to see how Franklin Mutual Insurance (FMI) compares to the other top companies in that state.


Franklin Mutual Insurance (FMI) mission

Franklin Mutual Insurance (FMI) wants to help you "Live balanced."

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