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4.4

Overall Score

Author: Kaitlyn Short

LAST UPDATED: April 13th, 2022
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Attention: Wells Fargo does not offer home insurance.

Wells Fargo focuses on banking and financial services. It requires its mortgage clients to have sufficient home insurance coverage until the mortgage is paid off.

Founded in 1998, Wells Fargo specializes in banking and financial services. Although the company does not offer home insurance, it does have helpful information on what kind of coverage it requires its mortgage clients to have until their mortgage is paid off.

If one of its clients does not carry full repair and replacement coverage on the building, it will purchase its own policy and add the premium to the monthly mortgage payment. These lender-issued policies typically have higher rates and only cover the home's structure.

If you're a Wells Fargo mortgage client, be sure you have the right amount of coverage on your home. If your insurance coverage lapsed and you have a lender-issued policy, you can get the lender-issued policy cancelled by buying qualifying coverage and working with Wells Fargo to remove the policy.

Read Wells Fargo Home Insurance Reviews

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Star Rating

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3.6

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15 Reviews

Review Breakdown

5 grade

33%

4 grade

27%

3 grade

13%

2 grade

13%

1 grade

13%

Sentiment Criteria

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Lesa Burgess Pleasant Grove, UT

Got my first home loan through Wells Fargo & was pleased with the apr, loan & how they handle it. I did a jumbo loan so a put a lot of money down to get the mortgage payment down to an affordable month to month payment. My credit score was over 620, so I qualified for other good loans but decided with the jumbo loan.

8 years ago

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Steve Hampton Jacksonville, FL

Been with Wells Fargo for over 20 years. Using Personal and Business accounts. My favorite part of Well Fargo is how easy mobile check depositing works.

4 years ago

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Reagan Durfey Pleasant Grove, UT

Wells Fargo is a good overall company. We've been with them for a long time. They did get a bad reputation recently and for good reason but they did reach out to us and tried to make it right so I give them a little credit. We will watch our accounts a little closer now tho.

8 years ago

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Jamila katze Marquette, MI

i opened a free checking account. all of a sudden every month i was paying an account fee. i didnt understand but assumed that i must pay it because its a bank and they wouldnt make any mistakes. it turns out they were scaming their customers. big banks are scum. all they want to do is rip you off. i was never repaid for all those months of paying an "account fee" for a free account

4 years ago

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Cody Linden Lehi, UT

I had an account with Wells Fargo for only a couple of year but I never had any issues, troubles, or hidden fees nor surprises. Positive experience.

8 years ago

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Kristin G Pleasant Grove, UT

Wells Fargo is our home insurance because of the total overall coverage we receive for the great price.

8 years ago Edited September 14, 2021

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Bella Houtz South Jordan, UT

I got my morgange through wells fargo and they set me up with home insurence. I have not had to file a cliam but it is good pricing, so i am happy.

8 years ago

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Lily Manor Denver, CO

I'm not a fan. They take your money but aren't willing to deliver when you need them. Their customer service is poor and a few times, I've been put into some scheme of theirs (savings scheme) when I didn't even agree to it.

4 years ago

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Kristiane R Durfey Pleasant Grove, UT

We use and love Wells Fargo for banking. For our Homeowners insurance we chose to go to a different company with what we felt were better rates..

8 years ago

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Tilda Saint George, UT

Our home flooded and they made sure everything in their end was taken care of fast and right.

8 years ago

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Darius Williams Alexandria, VA

have them as my primary bank and found out i could get them from insurance was pretty convenient

7 years ago

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Crystal-lee Nunez White Plains, NY

Great service takes to long to get compensated

4 years ago

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Haidyn Houtz South Jordan, UT

I do not recommend Wells Fargo at all. They were not very helpful and the customer service was brutal!

8 years ago

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Sally J Sunbright, TN

Good customer service and are helpful getting in touch.

4 years ago

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Douglas Larson Pleasant Grove, UT

I set up an account which wasn't used often and their hidden fees were terrible.

8 years ago