InsuredBetter's ShelterPoint Insurance Company Final Score
ShelterPoint Life Insurance Company was founded in 1972 as The First Rehabilitation Life Insurance Company of America (First Rehab Life) and is domiciled in New York. Today, ShelterPoint Life Insurance Company is a provider of state-mandated benefits and is approved for Paid Family & Medical Leave and other statutory programs in:
- Colorado
- Connecticut
- Delaware
- Maine
- Maryland
- Massachusetts
- Minnesota
- New Jersey
- New York
- Oregon
A Florida-domiciled carrier was acquired in 2014, which was renamed ShelterPoint Insurance Company. This newly acquired entity is a wholly-owned subsidiary of ShelterPoint Life and is licensed in 48 states and territories.
ShelterPoint is rated "A" (Excellent) by AM Best, and is rated "A+" by the Better Business Bureau (BBB).
We award ShelterPoint final rating of 2.5 out of 5 stars. Its high ratings from AM Best speak to its financial strength, one of the most important factors in choosing any insurance company.
The carrier offers statutory benefits for employers in several states, and the company is definitely an expert in this area and provides a great service for its employer customers, ensuring that they comply with state laws and are able to offer quality, reliable benefits for their employees.
The company promises to respond to and pay claims quickly, and it offers a variety of ways to report injuries, including a 24/7 online claims portal. It also has a robust social media presence.
While these accomplishments are highly impressive, the few customer satisfaction reviews that we found were mostly negative.
ShelterPoint works with independent insurance agents, which means that a company representative or your agent can help you decide if the company is right for you.
ShelterPoint Insurance Company Pros and Cons
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ShelterPoint Insurance Company Products
ShelterPoint offers statutory benefits in several states. Statutory benefits are state-mandated insurance benefits that employers must provide to their employees.
Paid Family & Medical Leave
- Colorado
- Connecticut
- Delaware
- Maine
- Maryland
- Massachusetts
- Minnesota
- New Jersey
- New York
- Oregon
Statutory Disability Insurance
- New Jersey Temporary Disability Insurance (TDI)
- New York Disability Benefits Law (DBL)
The company also offers a few types of non-statutory employee benefits including 24-hour accident insurance, short-term disability insurance, term life insurance, and vision insurance.
What Discounts Does ShelterPoint Offer?
ShelterPoint does not make available information about its specific discounts or reward programs.
ShelterPoint Insurance Company Customer Service
Here’s what you need to know about ShelterPoint’s customer service offerings.
- General customer service by phone and email
- Social media contact via Facebook, X, LinkedIn, and Instagram
- Customer service phone contact hours are not specified
| Days | Hours |
| Monday-Friday | Not specified |
ShelterPoint Insurance Company FAQs
What is ShelterPoint’s average claim response time frame?
For disability benefits, the following is ShelterPoint’s approximate claim response timeframe:
"Claims will be processed in the order they are received. Once your claim is logged/digitized into our system, you will receive your claim# (via paper mail) - please be patient, this usually takes a couple of business days.
Once you have a claim number assigned, we can view it in our system – and you can track the status of your claim yourself 24/7 using our online claimant portal."
From there you can do the following.
- Find out if you are eligible for benefit payments
- View your current claim status and see if you need to take any action to assure continued processing of your claim
- Upload additional forms and documents
- See when your next check will be sent
What is ShelterPoint’s customer service availability?
ShelterPoint offers customer service by phone, with no published business hours. Customers can also reach the insurance company by email, fax, and via Facebook, X, LinkedIn, and Instagram.
Claims can be reported and accessed 24/7 online or using the company’s mobile app.
What is ShelterPoint’s claims process?
Claims can be submitted to ShelterPoint online, or by email, fax, or mail. The company offers a useful checklist to go through before you upload files for online claim submission. Once your claim has been submitted, you can manage your claim 24/7 online or using the company’s mobile app.
Once you receive your claim number, you’ll have round-the-clock access to the following.
- Find out if you are eligible for benefit payments
- View your current claim status and see if you need to take any action to assure continued processing of your claim
- Upload additional forms and documents
- See when your next check will be sent
For claims that cannot be filed online, ShelterPoint offers complete claims toolkits, checklists with step-by-step instructions, and downloadable claim forms.
Does ShelterPoint create a user-friendly experience for customers?
ShelterPoint’s official website is very basic and technical. The information for producers, employers, and members is for the most part, the same. The company provides very detailed information and instructions for filing claims, which is very helpful for customers.
There is a lot of focus on filing claims, which is good, but there is a lack of information about how to perform other basic tasks or about the company’s non-statutory products.
Does ShelterPoint have good statutory statutory benefits?
A handful of states have had mandated short-term disability and/or paid family and medical leave programs in place.
While state-mandated family leave and disability laws generally reflect the same concepts and require the same types of coverage, these statutory benefits vary by state. Each state will have its own rules for benefit amounts, duration of benefits, qualifying events, and so on.
ShelterPoint is an expert in providing benefits that meet each state’s requirements. This is essential for employer’s who need to make sure they are complying with the laws in their state by purchasing appropriate coverage.
Is ShelterPoint a good insurance company?
ShelterPoint is an expert at providing statutory benefits in several states. Because of its expertise and its strong financial rating, ShelterPoint can be considered to be a good insurance company for those looking to comply with applicable state laws.
Sources
https://www.shelterpoint.com
https://www.bbb.org/us/ny/garden-city/profile/insurance-companies/shelterpoint-life-insurance-company-0121-63895
https://ratings.ambest.com/DisclosurePDF.aspx?AMBNum=9877
