Loading company information...
Company Information
Reviews
Social Scout
See what Social Scout found of Pacific Specialty
Provided by TrustFinance AI Analysis
Social Scout
See what Social Scout found of Pacific Specialty
Provided by TrustFinance AI Analysis
United States
1989 (37 Years)
Last online: No recent activity
Please carefully consider your options and choose the service that best meets your needs.
Avoid
3
Provided by TrustFinance
Security Information
0.00
Verification on TrustFinance
0.00
Traffic & Engagement
2.67
Social look up
0.00
Provided by TrustFinance
Security Information
Warning
This company is currently Unproved.
Please be cautious of the potential risks!
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Get to know Pacific Specialty
Get to know Pacific Specialty
Industry
AI Review analysis
Let’s TrustFinance AI Summarize all the reviews for you.
Provided by TrustFinance AI Analysis
Filter
5 Star
4 Star
3 Star
2 Star
1 Star
Sort by
Summarization
Pacific Specialty Insurance Company is a nationwide insurance provider with over four decades of experience. Known for its personalized approach, the company emphasizes strong relationships with both its producers and policyholders. Operating as an admitted insurance company in all 50 states and the District of Columbia, Pacific Specialty consistently meets stringent regulatory requirements across the board [1][3]. This ensures compliance with state-specific insurance regulations, a key factor for consumer trust and security.
Pacific Specialty's expertise lies in personal lines property insurance. It offers a broad portfolio of policies, including Homeowners, Dwelling Fire, Renters, Condo/Townhouse, Mobile Homes, Earthquake, Motorcycle, Off-Road Vehicle, Boat/Personal Watercraft, Comprehensive Personal Liability, and Personal Umbrella insurance [1][3]. Its affiliation with the McGraw Group of Affiliated Companies and its membership in the Property Casualty Insurers Association (PCI) underscore its commitment to industry best practices and community engagement [5]. This membership demonstrates a dedication to maintaining high standards and actively participating in industry initiatives.
Incorporated under California law in April 1988, Pacific Specialty Insurance received its Certificate of Authority in December 1989 and officially commenced operations in January 1990 [2]. From its inception, the company has steadily built a reputation for providing reliable and specialized insurance products, catering to a diverse range of customer needs. The company's longevity speaks to its ability to adapt and thrive in the evolving insurance landscape.
The company's growth trajectory is marked by significant milestones:
These milestones illustrate Pacific Specialty's strategic development and expansion over the years.
Pacific Specialty holds licenses in all 50 states and the District of Columbia, demonstrating its commitment to regulatory compliance [1][3][5]. Its status as an admitted insurance company signifies that it has met the rigorous standards set by state insurance departments. This ensures legal operation and protects consumers by adhering to established guidelines.
Pacific Specialty's product offerings are designed to meet diverse insurance needs:
The breadth of coverage options reflects Pacific Specialty's dedication to providing tailored solutions for various lifestyles and property types. This comprehensive approach ensures that clients can find suitable protection for their specific circumstances.
Pacific Specialty’s policies are crafted to offer comprehensive protection for personal property and liability. They provide extensive coverage for unexpected events, offering peace of mind to policyholders. While specific details regarding policy coverage would need to be confirmed directly with the company, their commitment to comprehensive protection is a significant advantage.
Beyond insurance products, Pacific Specialty provides crucial support services:
Claims Assistance: Pacific Specialty simplifies the claims process with dedicated assistance. The company operates three offices: Anaheim, California (Underwriting, Call Center, Accounting, Finance, Sales, Product Development, IT equipment, and Corporate Books and Records), Rancho Cordova, California (Claims), and Las Vegas, Nevada (IT infrastructure and executive management) [2]. This geographically diverse operational structure enhances efficiency and responsiveness in handling claims.
While Pacific Specialty does not publicly list its premium rates online [1], it is known for providing competitive pricing within the specialized insurance market. To obtain accurate premium quotes, prospective customers should directly contact the company or an authorized agent. This practice is standard for many insurance providers.
A direct comparison of Pacific Specialty's premiums to industry averages is not readily available. However, given the company's reputation for comprehensive coverage and personalized service, it's reasonable to expect competitive rates. Obtaining multiple quotes from different providers allows for thorough price comparisons.
While specific discounts are not explicitly advertised on the company's website [1], Pacific Specialty likely offers standard industry discounts, such as multi-policy discounts, safe driver discounts, or loyalty programs. Contacting Pacific Specialty directly is recommended to inquire about available discounts and potential savings.
Pacific Specialty offers several ways to connect with customer service:
While the company prioritizes efficient service, the current hours of operation should be considered when contacting them.
Currently, Pacific Specialty does not provide 24/7 customer support [4]. While this might be a limitation for some, their commitment to timely assistance within business hours remains a crucial aspect of their service.
Pacific Specialty Insurance presents several advantages:
Potential drawbacks to consider:
Pacific Specialty Insurance Company is a reputable provider of specialized insurance products. Its commitment to regulatory compliance, comprehensive coverage, and personalized service makes it a strong choice for individuals and families seeking tailored insurance solutions [1][3]. The company's longstanding presence and focus on building relationships adds to its credibility.
Recommendations: Pacific Specialty is particularly well-suited for those requiring comprehensive coverage for personal property and liability, especially individuals needing specialized insurance for things like earthquake, motorcycle, or watercraft protection. The personalized service ensures that the insurance plan adequately meets the customer's specific needs [1][3].
