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Powered by (NPN: 19966249), LLC is a licensed insurance producer (NPN: 19966249). services are only available in states where it is licensed. may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way.

UPC insurance review 2023

Updated Nov 08, 2023

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United Property & Casualty Insurance Company, better known as UPC Insurance, may have been a good option for homeowners in some risk-prone areas who also preferred working with in-person agents. However, the company has been declared insolvent and new policies are no longer available.

In February 2023, UPC Insurance was declared fiscally insolvent. On March 29, 2023, UPC Insurance home policies were canceled. 

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What’s new with UPC?

UPC home insurance

UPC home insurance is no longer available. The company was declared insolvent on Feb. 16, 2023 by the Florida OIR. In Florida, some policies were transferred to the state while others were transferred to Slide Insurance. Louisiana UPC policyholders were transferred to Louisiana Citizens. If you had a UPC policy, be on the lookout for communications from the company about how to handle your policy going forward. It may be transferred to another company or you may need to seek new coverage yourself.

UPC previously helped to provide coverage availability for homes in high-risk, coastal areas where home insurance options were harder to find. While UPC's policies were fairly basic, you may have been able to add a few optional coverage types to bolster your policy, like service line coverage and home systems protection.

Pros and cons of UPC home insurance

  • Offered home insurance in some risk-prone states

  • Products were offered through local independent agents

  • Offered a few optional coverage types

  • Company is insolvent and policies may no longer be available

  • Had limited state availability

  • Had an above-average NAIC Complaint Index

UPC home insurance cost

The national average cost of home insurance for $250,000 in dwelling coverage is $1,428 per year. UPC home insurance rates are not available due to the company’s discontinuation of personal home insurance policies.

UPC home insurance discounts

If you are shopping for the cheapest home insurance, most insurance professionals recommend shopping around to compare home insurance quotes from several companies. Discounts may help you save on home insurance, so choosing a company that offers several discounts you are eligible for might help you find a more affordable policy.

UPC home insurance discounts likely varied by state when the company was still solvent, and its advertised discounts were not very extensive or unique. If you’re looking for a new home insurance policy due to UPC’s insolvency, you may want to consider bundling your auto and home insurance, updating your home’s roof or installing a home security device, as these measures are among the most common ways to get a home insurance discount.

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Powered by (NPN: 19966249)
Insurance Disclosure, LLC is a licensed insurance producer (NPN: 19966249). services are only available in states where it is licensed. may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way.

Quick Facts
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Two Thirds
2 out of 3 homes
are underinsured
Insurance Home
1 out of every 20
insured homes makes a claim each year
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100% of homes
need insurance before getting a mortgage

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Compare UPC with other insurers

If you were hoping to research UPC home insurance but found it no longer provides homeowners insurance, you may want to consider getting quotes from other home insurance companies. There are several home insurance companies that provide comparable rates and homeowners insurance options to UPC, such as State Farm, USAA, and Lemonade.

UPC vs. State Farm

State Farm offers a full range of product lines and is consistently highly rated by third-party rating services such as AM Best and J.D. Power. If you like that UPC was sold by local agents, State Farm's agency network might appeal to you. State Farm is also available in a broader range of states than UPC was. If you are looking to manage multiple policies in one place, State Farm car insurance may be worth looking into as it regularly makes Bankrate’s list of the best car insurance companies

Learn more: State Farm Insurance review


USAA only offers insurance policies to active-duty members of the U.S. Military, veterans and qualifying family members. If you qualify, you may appreciate USAA's highly-rated customer service and policy features that are tailored to the needs of military families. Unlike UPC, USAA is available nationwide. Qualifying applicants might also look into USAA car insurance, which typically offers cheap rates.  

Learn more: USAA Insurance review

UPC vs. Lemonade

If you're looking for a highly-rated home insurance company that operates fully online, you may want to research Lemonade. Lemonade also offers car insurance, so it might be a good option if you want to bundle your policies and prefer a digital platform. Lemonade isn’t available nationwide, but it does offer coverage in a wider range of states than UPC did.

Learn more: Lemonade Insurance review

Is UPC a good insurance company?

UPC isn’t an option for home insurance. The company isn’t offering quotes online anymore, and it has been declared insolvent in Florida. UPC's high NAIC Complaint Index and the withdrawal of its Demotech financial strength rating may have been indications of the company's service level and financial stability. If you were considering a quote from UPC, you’ll need to research and compare quotes from other companies for more information on relevant rates, coverage offerings, discounts, and third-party scores and ratings.

UPC customer satisfaction

When shopping for the best home insurance company, it may be helpful to look at more than just quoted premiums. Analyzing customer service and financial strength ratings could help you discern how satisfied you might be with your interactions with the company.

Bankrate analyzed financial strength ratings from companies like AM Best and Demotech, as these may demonstrate a company's historical ability to pay claims. While UPC is unrated by AM Best, it used to be rated as A (Exceptional) by Demotech. In August 2022, however, Demotech downgraded UPC to an M (Moderate) rating and has since withdrawn its rating altogether. This was likely an early sign of the financial instability within UPC, which has now erupted into full-blown insolvency.

UPC homeowners claims satisfaction 

To review customer satisfaction from a historical perspective — remember that UPC is now insolvent, so it will no longer have any policies or customers once the process has been completed —  Bankrate looked at third-party data from companies like J.D. Power and the National Association of Insurance Commissioners (NAIC) Complaint Index. 

UPC was not included in the 2023 J.D. Power Home Insurance or the Property Claims Satisfaction Study. That said, it was ranked second-lowest out of 23 providers in the 2020 Home Insurance Study. 

UPC customer complaints

The NAIC records complaints about insurance companies and assigns a Complaint Index to each carrier. A baseline Complaint Index is 1.00. Scores above 1.00 indicate more complaints than average for a company of that size and vice versa.

Other UPC tools and benefits 

Because UPC has been declared insolvent, the program and additional coverage options listed below are no longer available. 

  • Water backup insurance: UPC used to offer water backup coverage to help policyholders with the damage that can result from a bathtub, toilet, sink or other sources of standing sewage.  
  • Valuable items insurance: UPC offered scheduled property insurance for certain valuables like jewelry, furs and silverware. 
  • Golf cart insurance: In true Florida spirit, UPC policyholders had the option to add a limited amount of golf cart coverage to their home insurance contracts. The endorsement only provided protection for physical damage and liability coverage. 
  • Home Self-Inspection: With UPC’s Home-Self Inspection program, you use your smartphone to take photos and videos of your home to send to UPC to complete a home inspection in lieu of UPC sending someone out to your property.

Frequently asked questions about UPC 

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Written by
Natalie Todoroff
Writer, Insurance

Natalie Todoroff is an insurance writer for Bankrate, prior to which she wrote for a popular insurance comparison shopping app. After graduating with a B.A. in English, she initially pursued a career in book publishing. Now, she’s focused switching gears from professional reader to professional writer.

Edited by Editor, Insurance
Reviewed by Director of corporate communications, Insurance Information Institute