Reinsurance
Security First Insurance's has one of the most comprehensive and robust reinsurance programs in the state of Florida.
Florida insurance companies must have reinsurance, it's required by the state of Florida. In fact, companies are required to cover one 100-year event and two 20-year events in a single year. At Security First, we go above and beyond protecting you and your home. We've purchased more reinsurance than the minimum to maintain a conservative reinsurance strategy that allows us to be there for you after the storm. To learn more click on any of the following links:
Security First purchases reinsurance from companies with A.M. Best rates of A- or better. In the event of a hurricane, this program assures that Security First Insurance Company's net loss will be no more than $225,000 or 1.5% of surplus. This means that we'll be here when you need us most; after the catastrophe or storm.
| Partners | |||
| Everest Re* | 35% | A+ (Superior) A.M. Best Rated | |
| Flagstone Re** | 25% | A- (Excellent) A.M. Best Rated | |
| * Publicly Traded and worth more than $2 billion. ** Publicly Traded and worth from $500 million to $750 million |
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Source: A.M. Best Onine Rating Center