MONOMOY COASTAL HOMEOWNERS INSURANCE
Cape Cod and South Shore residents – finally the MA FAIR Plan is not your ONLY option.
Are you a homeowner who has been told their insurance options are limited? If so, then Monomoy Insurance could be the right solution for you!
Recent MA FAIR Plan (or MPIUA) clients who have switched to Monomoy are seeing an average savings of 12% on their homeowners insurance (an average of $266) with better coverage – including an improved deductible. The deductible improvement could potentially save homeowners thousands of dollars in the event of a named storm.
But you don’t have to have the MA FAIR Plan to see a benefit from Monomoy. We’re happy to review your policy to see if Monomoy can offer you a better price with better coverage.
Other benefits include an Exclusive 10% Auto Insurance Discount with Arbella Insurance and increased personal property coverage at no additional charge. These clients who are bundling their coastal homeowners insurance and auto insurance are seeing an even greater average savings of $400 when making the switch from the FAIR plan to Arbella and Monomoy.
GET A QUOTE
SOME THINGS ARE JUST BETTER TOGETHER
Save an average of $400* on your home and auto when you make the switch from the MA FAIR Plan to Monomoy coastal homeowners insurance and Arbella auto insurance.
Monomoy is now offering an exclusive 10% auto insurance discount with Arbella Insurance.
Use the form above to request a quote for your Massachusetts homeowners and auto insurance.
Protect more, for less.
*Average savings of $400 based on RogersGray Insurance clients moving from MPIUA to Monomoy Insurance with same coverage, combined with the average auto premium savings based on 2018 average total premium of RogersGray clients who have Arbella auto insurance.
Designed from the ground up and backed by the global reinsurance marketplace, Monomoy Insurance Group was created to meet the demand for Massachusetts coastal homeowners insurance and to serve the needs of underserved insurance markets. Cape Cod, Nantucket, Martha’s Vineyard, South Coast and South Shore are all areas where homeowners insurance is difficult and expensive to obtain. Many insurance agencies don’t have any other options for their clients other than the MA FAIR Plan. That’s where Monomoy comes in.
The products available through Monomoy Insurance Group are backed by the Spinnaker Insurance Company, which maintains an A- Financial Strength rating from A.M. Best Company.The policies are 100% re-insured through the Lloyd’s re-insurance markets in London and covered by the State of Massachusetts State Guaranty Fund.
The greatest benefit of having the Monomoy Homeowners Insurance product is to those Cape Cod, Plymouth and other coastal area clients who currently are with the MA Fair Plan. Monomoy’s Homeowners product allows homeowners to purchase better coverage from a financially secure, admitted carrier, at a comparable price. Cape Cod Homeowners Insurance remains to a challenge – but Monomoy fills that void with responsible coverage. Homeowners in Plymouth, Nantucket, Martha’s Vineyard, Wareham, Marion, Mattaspoisett, Hull, Hingham, Scituate and other coastal areas are seeing savings and an improved deductible option for their homes.
HOMEOWNERS WHO'VE MADE THE SWITCH TO MONOMOY
A client on Nantucket was purchasing a new home as their 2nd home. Monomoy was a $400 savings compared to the MA FAIR Plan, plus a much better deductible option – 2% Hurricane vs. 5% Named Storm!
A new client placed an online quote request for their homeowners insurance in Yarmouth Port. Monomoy saved them $100 on their premium and provided both better dwelling coverage AND an improved deductible (2% Hurricane vs. 2% Wind).
FREQUENTLY ASKED QUESTIONS
Why should I think about switching to Monomoy?
Monomoy offers you a choice for your insurance with better coverage, improved deductible options and the same pricing (and in some cases better) as the MA FAIR Plan.
Many homeowners in coastal areas have been told they have very limited options. Monomoy is here to give you options back.
Does everyone qualify?
No, just like any other carrier, there are underwriting guidelines that are specific to Monomoy. In addition to obtaining necessary information, Monomoy requires that a home inspection be completed. There will also be an insurance score required to qualify, the insurance score is a soft hit and does not affect a homeowners credit score.
What is A.M. Best and why is it important to a policy holder?
A.M. Best is the only global credit rating organization with a unique focus on the insurance industry. Best’s Ratings, which are issued through A.M. Best Rating Services, Inc., are a recognized indicator of insurer financial strength and creditworthiness. Being financially sound is one of the most important elements of an insurance carrier. When the worst happens, you want to make sure you’re covered and with Monomoy Insurance Group, you are.
Can anyone get Monomoy’s Insurance Products?
Monomoy’s products are available exclusively through RogersGray Insurance. RogersGray was the leading agency behind the partnership with Spinnaker and the creation of Monomoy Insurance Group. Designed from the ground up and backed by the global reinsurance marketplace, Monomoy Insurance Group was created to meet the demand for Massachusetts coastal homeowners insurance and to serve the needs of underserved insurance markets. The products available through Monomoy Insurance Group are backed by the Spinnaker Insurance Company, which maintains an A- Financial Strength rating from A.M. Best Company. The greatest benefit of having the Monomoy Homeowners Insurance product is to those clients who currently are with the MA Fair Plan. Monomoy’s Homeowners product allows homeowners to purchase better coverage from a financially secure, admitted carrier, at a comparable or better price. Exising MA FAIR Plan (MPIUA) clients are seeing an average savings of 12% when switching to Monomoy.