Financial Strength

SafePoint is proud to be rated favorably by leading independent rating organizations. These companies specialize in reviewing, analyzing and attesting to insurance companies’ financial security and their ability to deliver on promises made to policyholders.

Demotech Rating

Demotech has assigned the rating of A Exceptional to SafePoint

This financial stability rating is an indication of an insurance company’s financial strength.

According to Demotech, an A rating means Safepoint has an Exceptional ability to maintain liquidity of invested assets, quality reinsurance, acceptable financial leverage and realistic pricing while simultaneously establishing loss and loss adjustment expense reserves at reasonable levels.

For details, visit Demotech on-line here.

Audited SafePoint Insurance Company Balance Sheet

Category		Year End 2020	Year End 2019	Year End 2018
Assets	Cash and Invested Assets	$77,952,741	$71,574,393	$109,510,615
	Other Assets	$41,677,426	$58,648,929	$46,459,188
	Total Assets	$119,630,167	$130,223,322	$155,969,803
Liabilities	Unearned Premiums	$13,668,243	$25,731,579	$30,474,900
	Loss and LAE Reserves	$42,692,322	$36,062,566	$46,593,865
	Other Liabilities	$22,907,580	$29,539,248	$33,333,961
	Total Liabilities	$79,268,145	$91,333,393	$110,402,726
Capital and Surplus	Total Policyholder Surplus	$40,362,022	$38,889,929	$45,567,077
Total Liabilities and Surplus		$119,630,167	$130,223,322	$155,969,803