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Pacific Specialty Insurance operates as a national property and casualty insurer from its Palo Alto, Calif., headquarters. For 40+ years, Pacific Specialty has sold home, property, power sport, and liability coverage. The carrier reports $235 million in combined premiums, of which 84% is from homeowners policies. Consumers can buy a Pacific insurance plan exclusively through one of their independent insurance agents.

Here’s everything you need to know about Pacific Specialty Insurance:

What’s protected with Pacific Specialty Insurance?

Pacific Specialty products include five property products, four power sports products, and two liability products.

Homeowners insurance

Pacific’s comprehensive home insurance plan protects single-family homes against personal and property losses related to perils like fire, theft, vandalism, windstorms, hail, lightning, explosions, and water damage. Like most other home insurance, Pacific’s coverage will also protect you against any property or bodily injury claims made by visitors to your home.

Pacific’s property coverage provides an additional living expenses benefit if your home is uninhabitable while being rebuilt or repaired, assuming the cause of damage is a covered loss.

Good to know: The insurer gives clients the option of buying Extended Replacement Cost Coverage, which increases your policy’s dwelling limit beyond the standard estimated used to rebuild a home. Or you can consider purchasing an umbrella policy for an extra layer of liability insurance.

Earthquake insurance

Pacific Specialty’s earthquake insurance is its second best-selling policy. Last year the insurer booked over $18M in earthquake premiums. Under this plan, your home and its contents have protection from earthquake damage up to $2.5M. Pacific’s earthquake plan includes up to $100k in loss of use.

Consumers may buy the carrier’s earthquake insurance as a stand-alone plan or add it to their existing home policy. Pacific clients also have the choice of enhancing their earthquake policy also to cover pools and special valuables stored within the home.


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Renters insurance

The renters insurance sold by Pacific is what most consumers have come to expect. Their renters policies provide liability protection for guests within the rental unit, as well as coverage for the renter’s personal property. Pacific customers may create a more robust policy by adding extra coverage for valuable items like jewelry, collectibles, or musical instruments.

Pacific customers that had nine months of prior insurance with any carrier may save even more on their renters premium. Plus, they can pick from different deductible options — $500 being the lowest choice — and flexible payment options such as three-month, five-month, 11-month, or pay in full.

Condo and townhouse insurance

Pacific’s Condo and Townhouse insurance is meant for people that rent or use their condo or townhome seasonally. Replacement cost value coverage on personal belongings within the property, as well as theft protection and extra protections for high-value items (e.g., silverware, electronics, jewelry), are available.

Mobile home insurance

Pacific Specialty has a property policy for mobile homes, too. The plan protects single- and double-wide mobile homes used as primary residences, as well as seasonal or rental homes. Pacific’s insurance includes replacement cost benefits for the actual mobile home and any personal contents. Customers can purchase add-on benefits like golf cart coverage and identity theft coverage.

Mobile home insurance deductibles range from $250 to $5,000 with 3-Pay, 5-Pay, and pay in full payment plan choices. Pacific gives discounted rates for senior citizens, units in mobile home parks, and multi-policy customers.

Good to know: Pacific Specialty also offers insurance for:

  • Boat
  • Personal watercraft
  • ATV and off-road vehicles
  • Motorcycle policies
  • Personal umbrella
  • Comprehensive personal liability

Pacific Specialty details and reviews

Pacific Specialty, also known as McGraw Insurance Services L.P., provides hints of information about its history, leadership, philanthropic work, and long-term goals. They also promote the carrier’s AM Best Financial Strength Rating of A- (Excellent). The Better Business Bureau (BBB) accredited Pacific Specialty and granted the carrier an A+ BBB Rating.

A peek at NAIC consumer data shows Pacific Specialty does have a low complaint rate overall. NAIC’s Complaint Index Report reveals 19 complaints (2018), 17 complaints (2017), and 26 complaints (2016). Although 2016 and 2017 complaints do exceed the industry average for other property carriers, more recent years do fall below the national average. The decreasing number of complaints suggests Pacific Specialty is working diligently to improve consumer satisfaction.

Filing a claim with Pacific Specialty

Pacific customers can notify the carrier of a loss in a few different ways:

  • Reporting the claim via their online account
  • Claims phone number: 800-962-1172
  • Claims fax number: 650-780-4820
  • Contacting your Pacific Specialty insurance agent

Where is Pacific Specialty Insurance available?

Pacific Specialty offers insurance coverage in all 50 states.

Final thoughts

In an enthusiastic letter regarding the company’s 2020 plans, Mike McGraw, CEO of Pacific Specialty Insurance, detailed Pacific Specialty’s recent system upgrades and improvements like First Call Resolution to improve customer service communications with customers, as well as a more advanced agent portal to improve efficiencies. Overall, Pacific Specialty seems like a solid option for property coverage. The carrier has been in the industry for decades and maintains a solid customer base, a high level of financial security, and sufficient product offerings.


Need home insurance?
The Credible marketplace, which includes insurance services by Young Alfred, makes it easy to find a carrier and policy that’s right for you.

  • Fully online — Fill out all insurance forms online and buy homeowners coverage without ever picking up the phone. If you have any questions, Young Alfred offers 24/7 customer service.
  • Save time, money, and effort — Compare quotes from highly rated home insurance carriers in your area. It’s fast and easy.
  • Data privacy — Your information is kept safe and secure. We don’t sell your information to third parties, and you won’t get any spam phone calls from us.

Get Insurance Quotes Now

Disclaimer: All insurance-related services are offered through Young Alfred.

About the author
Credible Staff
Credible Staff

The goal of the Credible editorial writers and staff is to help our readers get up to speed on issues surrounding student loans, mortgage, and personal finance, so you can make informed decisions. We’re here to help you stay on top of the latest news, trends, concepts, and changes in policy and regulations.

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