Who is Narragansett Bay Insurance Company?
Narragansett Bay Insurance Company (NBIC), headquartered in Rhode Island, insures homeowners of the Northeastern coastal states of the United States, including Massachusetts, Connecticut, New Jersey, New York, and Rhode Island. It rewards responsible homeowners with flexible and higher quality insurance coverage. NBIC operates exclusively with independent insurance agents.
They are owned by parent company Heritage Insurance Holdings, Inc, which is headquartered in Clearwater, Florida. It's also associated with names like Zephyr and NBIC Holdings. Narragansett Bay Insurance Company offers full homeowners policies along with condo policies, commercial policies, and more.
What Is ShelterPride, and Why Does It Matter for Narragansett Bay Insurance Company Customers?
NBIC's Shelter Pride program is a risk appraisal and underwriting program that is included for every new policyholder. It includes a visit to your home by a representative to ensure that your insurance policy has all the right features and discounts for you. In short, Narragansett appraises your home to see what it would cost to replace it, and they set your rates accordingly.
In some cases, homes are overinsured. So your premium would go down at no extra cost to you. Narragansett's website also claims appraisers will look for any safety risks and alert you accordingly.