For two decades, American Strategic Insurance (ASI) has provided homeowners and renters with the insurance coverage they need to protect themselves and their properties. What started as a small Florida-based homeowners insurance company has experienced precipitous growth—so much so that it was acquired by Progressive Insurance in 2015.

Today, ASI Progressive operates in 40 states and has an A+ rating with the Better Business Bureau. So, if you’re looking to bundle Progressive auto insurance with a homeowners policy, you’ve come to the right place.

Here’s everything you need to know about American Strategic Insurance.

What Is The History of American Strategic Insurance?

Founded in 1997 by John Auer, ASI is headquartered in St. Petersburg Florida as an incorporation of ASI and ARX Holding Corporation. As CEO and President, Auer had a simple goal in mind—to become the Progressive of residential property insurance.

  • Within a year of its creation, the company offered its first homeowners policy.

  • ASI issued its first umbrella policy the following year.

  • The next year introduced ASI’s first flood policy.

  • By 2002, ASI had sold its 100,000th policy and expanded to Texas.

And that was just the beginning. Over the next decade, the company weathered multiple hurricanes and kept growing. During that time, it earned multiple awards, including “Best Mid-Sized Company in Florida” and “Tampa Bay Times’ #1 Workplace.”

In 2015, ASI expanded coverage to 30 states and became one of the 15 largest residential property insurers in the country. Their rapid growth and glowing reputation both with customers and employees caught Progressive Insurance’s attention. So, the megacorp purchased a majority interest in ASI’s holding group, ARX Holding Corporation.

Since then, ASI has expanded coverage to 40 states and launched an auto insurance program in California under the name ASI Select.

What Coverage does ASI Progressive Offer?

If you rent or own property, all it takes is one accident or unforeseen event to jeopardize both your living situation and your financial health. Whether it’s a fire from an electrical short or a burst pipe that floods your basement, having property insurance coverage helps protect you from risk.

American Strategic Insurance offers a variety of property-related insurance coverage policies. Next, we’ll cover the details.

Homeowners Insurance

Your home is a valuable asset.

As a homeowner, you can’t put a price on your house. It’s not just the years of financial investment—there’s also the sentimental value and the feeling of safety and comfort associated with your living space. That said, homeowners insurance helps you rest comfortably knowing that your safe haven is secure from potential liabilities. Additionally having property insurance is a legal requirement in most states.

What does homeowners insurance from ASI Progressive cover?

A comprehensive property and liability policy will typically provide coverage for:

  • Your personal property and belongings

  • Third-party claims of personal injury, bodily injury, and property damage incurred in or by your home

  • The replacement value of the home, as well as other attached structures (e.g., the garage)

  • Living expenses if you’re forced to move out of your home while it’s being repaired

Condo Insurance

Even if your condo association has insurance, that policy may not protect you—at least not fully.

Your condo association’s insurance policy will not cover your belongings, nor will it provide personal liability coverage.

With condo insurance from ASI, you can make sure that your unit and the personal property within are safe. This type of policy provides coverage for:

  • Your personal property kept within the unit

  • Interior walls, fixtures, and permanently attached building items

  • Third-party claims of personal injury, bodily injury, and property damage incurred in or by your condo

To apply and qualify for condo insurance, you must own and occupy your condo unit for at least 120 days out of the year.

Renters Insurance

Even if your landlord has insurance on the property you’re renting, it won’t usually cover your personal items. Further, many landlords require their tenants to provide proof of renters insurance to qualify for the apartment or home.

Every renters insurance policy varies, depending on the value of your personal property and the level of coverage you require. That said, common situations this may cover include:

  • Fire damage

  • Smoke damage

  • Theft and vandalism

  • Water leaks

  • Wind, hail, and lightning

  • Personal liability and medical payments for third-parties injured in your rental property

Seasonal Insurance

Do you have a vacation home or a secondary investment property?

If so, seasonal insurance is often considered a more affordable option than year-long comprehensive property insurance coverage. It provides dwelling and fire insurance in a unique manner—each aspect of the coverage is listed under an itemized format, allowing you to select what coverage you require. Sometimes, this type of selected coverage is known as “a la carte.”

With seasonal insurance, you can customize limits for the contents of the property, other structures in or on the property, and personal liability coverage.

Umbrella Insurance

If you were taken to court or experienced a significant injury, that could put your personal assets at risk. Even if you already have insurance, there are limits to how much those policies cover.

Personal umbrella insurance provides an extra layer of financial protection that stacks atop your existing policy. ASI provides this type of coverage for residents of Arizona, California, Colorado, Massachusetts, Minnesota, Missouri, and Oklahoma. This coverage includes:

  • $1 and $2 million coverage limits

  • Defense and legal costs

  • Personal injury coverage for claims of slander, defamation, invasion of privacy, or libel

Flood Insurance

As a Florida-based company, American Strategic Insurance knows first-hand the havoc a flood can wreak. ASI is a provider of the National Flood Insurance Program (NFIP), which gives “flood insurance to property owners, renters and businesses, and having this coverage helps them recover faster when floodwaters recede. The NFIP works with communities required to adopt and enforce floodplain management regulations that help mitigate flooding effects.”

If you’re living in one of the 23,000 participating NFIP communities—largely, high-risk flood areas—you’re eligible to apply for this type of coverage.

So, what does it cover?

Homeowners that acquire ASI flood insurance can be covered for up to $250,000 for the home’s structure and up to $100,000 for the contents within.

Auto Insurance

You face risk every time you get behind the wheel of a vehicle. Even if you drive carefully, an accident is always a real possibility. And were one to occur, it could jeopardize both your physical and financial wellbeing.

Depending on the auto insurance policy, it can help cover:

  • Liability – If you cause an accident, this pays for property damage and injuries you cause to others, as well as any legal costs.

  • Collision – Collision coverage can help pay for the damages to your vehicle after you’re in an accident. This ensures that your vehicle is protected regardless of who is at fault in the accident.

  • Damage outside of your control – Comprehensive coverage can pay for the repair or replacement of a vehicle if it’s damaged by circumstances including:

  • Theft

  • Vandalism

  • Hail

  • Hitting an animal

  • Fire

  • Acts of God

  • Glass damage

  • Uninsured motorists – If you’re hit by a driver who doesn’t have insurance or has little coverage, this can help pay for your injuries and any damage to your vehicle.

  • Roadside assistance – This covers tow services should your car break down, get a flat, run out of gas. It can also cover locksmith services if you get locked out of the vehicle.

Technically, ASI does offer auto insurance coverage to Californians under ASI Select. But in most cases, ASI’s property insurance offerings are bundled with Progressive’s auto insurance policies. With Progressive auto, you can protect your car, motorcycle, or RV—all at affordable rates.

Armed with this type of coverage, you can ensure that you’re protected from many of the financial risks associated with operating a motor vehicle.

Contacting American Strategic Insurance

Are you searching for the American Strategic Insurance phone number in order to ask about a property insurance policy or to bundle property insurance with Progressive auto?

This section has all of the contact details you need:

  • Call American Strategic Insurance Customer Service – Want to speak with customer service? You can ask questions, receive a quote, or clarify an issue by dialing: 1(866)274-8765.

  • Call American Strategic Insurance claims phone number To speak with the provider about existing claims or to file a claim, you can dial the following American Strategic Insurance number: 1(866)274-5677.

  • Mail a claim or pay a bill – The American Strategic Insurance address is listed as: P.O. Box 33018 St. Petersburg, FL 33733-8018.

How are claims handled?

ASI allows customers to report claims online directly through its website’s Claim Center or you can call one of the toll-free American Strategic Insurance company phone numbers listed above. Claims are welcomed on a 24/7 basis.

Typically, a claims adjuster will be assigned within 48 hours of you filing a report. From there, they will immediately start to evaluate the damages incurred in light of your existing coverage.

Find Insurance You Need

If you’re looking for property insurance that can be bundled with Progressive Auto, you’ve come to the right place. ASI is one of the best-reviewed and rated insurers in the country. And now that it is a subsidiary of Progressive, you can get both auto and homeowners—all in one place.

But when it comes to picking the best insurance for you, it pays to do your research on reviews and rates. Are you interested to compare prices for auto insurance policies available in your area? Enter a few quick details and receive your personalized online auto insurance quotes today with Online Auto Insurance.

Sources:

American Strategic Insurance. Our History. https://www.americanstrategic.com/about-asi/our-history/

FEMA. National Flood Insurance Program. https://www.fema.gov/flood-insurance