Why Choose Us | Baltimore Equitable Insurance

Why Choose Baltimore Equitable Insurance

Although our company was founded more than 230 years ago and remains just as strong today, it’s still a well-kept secret — often shared among family members or friends. We’re thankful you’ve found us! Now we can share with you everything that makes a 100% refundable homeowners policy from Baltimore Equitable Insurance a savvy alternative to a traditional policy.

Your coverage is 100% Refundable

Baltimore Equitable Insurance offers the same reliable coverage as a conventional homeowners insurance company, but with one big difference. Your money still belongs to you. Instead of paying premiums year after year that are gone forever, you make a deposit that is 100% refundable. Your home, condo, or apartment is still protected from the unexpected, but every dollar you spend on coverage is still yours. 100%.

Experience White-Glove Customer Service

We’re not a traditional insurance company. We are relationship-builders who truly care about you. You’re never just a number. That’s why we’re committed to providing exceptional service and a white-glove experience from your first call and throughout our partnership as your homeowners insurance team. You can reach us however it works best for you — in person, by phone, or online.

Filing a Claim Is Stress-Free

If you ever need to file a claim, you’ll talk directly with an experienced BEI team member who knows our policies well and will personally guide you through every step of the process. We can connect you with prescreened, licensed contractors to handle repairs, or you’re welcome to choose someone you already know and trust. Either way, we’re here to make things simple, smooth, and stress-free.

You’re Creating a Future Opportunity

A 100% refundable policy from Baltimore Equitable Insurance is more than quality insurance. It’s a future opportunity. Instead of losing money to annual premiums, every dollar is returned in full at policy cancellation. You can cancel their policies for any reason, creating opportunities for life’s future milestones, like helping to pay for a child’s or grandchild’s education, or transitioning to a retirement community or assisted living. Years from now, every dollar returns to you.

Cancelling Your Policy Is Easy and Efficient

Most Baltimore Equitable Insurance customers stay with us for 20 years or more — but we understand that life changes. If you ever need to cancel, you can do so at any time without penalties, hidden fees, or hassles. All you need to do is complete a cancellation form and send it by email, fax or mail, and we’ll promptly return your 100% refundable deposit.

Become a Baltimore Equitable Insurance member and benefit from the long-term financial value of this unique insurance model.

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We’re proud of our financial strength. Baltimore Equitable Insurance holds more than $215 million in assets. That’s enough to refund every deposit more than three times over.

Our Shared Success

With the average policyholder continuing their relationship with us for more than 20 years, our company is as strong today as it has been throughout our history, despite events like the Great Baltimore Fire of 1904, the Great Depression, the Baltimore Riot of 1968, and the financial crisis of 2008.

Lasting Financial Stability

Since 1899, AM Best has measured the financial health of insurance companies. AM Best evaluates a company’s financial strength, creditworthiness, profitability, and other areas of corporate function. As of June 1, 2025, Baltimore Equitable Insurance’s rating was A- (Excellent) with a Stable outlook.

Annual Statements

Click on the links below to review our annual statements and learn even more about our financial strength.

Download the 2024 Condensed Annual Statement in PDF Format

Download the 2023 Condensed Annual Statement in PDF Format

Download the 2022 Condensed Annual Statement in PDF Format

What Our Customers Are Saying

A simple survey can’t fully express my appreciation to you for your handling of my claim…your emotional support, sensitivity, and calm efficiency, as well as our mutual trust. These contrast sharply with other insurance companies in which the insured becomes the adversary the minute he submits a claim

Caroline, Customer