Our Future Is SURE

Rated A, Exceptional, by Demotech, we're ready for what the future brings.

Our Commitment to You

Insurance is more than just a policy. It’s assurance that we’ll be there when times get tough. It’s a commitment to weather the storm with you. That’s why financial stability matters.

We’re rated A, Exceptional, by Demotech, Inc., heavily reinsured, and have strong capital reserves – proof that we’re ready for both everyday claims and widespread disasters.

SURE's Financial Stability Rating®

The independent financial rating agency Demotech, Inc. affirmed our Financial Stability Rating of A, Exceptional. What that means for you: it’s unbiased, third-party confirmation that we have the ability to pay claims and are committed to doing so.

Demotech assigns A ratings to insurers it believes can weather major economic downturns and losses while remaining solvent. It’s based on a strong balance sheet, quality and amount of reinsurance, and adequate loss reserves.

Our Reinsurance

^{1. Catastrophe models include historical hurricanes in their event catalogs to help estimate losses if those events were to occur today. The historical event losses shown are based on the 09/30/2025 projected portfolio and are the average of the AIR TSv12 & RMS RiskLink v23 modeled losses, including demand surge.}

Think of reinsurance as insurance for your insurance company. It spreads out risk to reduce the financial impact of big losses. We partner with leading reinsurers in the industry – ones that are very well capitalized and many that provide full collateral to support their capacity. Our reinsurance program ensures we have the ability to pay claims and help you recover quickly after a disaster.

Here are the highlights:

Our catastrophe excess of loss (Cat XOL) program provides all-peril coverage for widespread single events, like a hurricane, wildfire, tornado, or winter storm.
First event reinsurance covers a 1-in-130 year loss, meaning SURE’s program limits can cover a major loss only expected to occur once  in 130 years. Second event reinsurance covers a 1-in-50 year loss.
SURE has sponsored seven SEC 144A catastrophe bonds, totaling  more than $975 million in first and second event capacity.

So what does our program look like in action? Take our first-event reinsurance for example. There’s less than a 1 percent chance that an event exceeds our program’s limits in any given year. The chart above illustrates how our reinsurance protection compares to our projected portfolio’s modeled losses from named storms in the last 125 years.

Extra Capital Reserves

As extra security beyond our reinsurance program, we have capital reserves to back up claims. SageSure, our underwriting partner, provided tens of millions in capital to fuel our growth and is committed to supporting our ongoing success.

Our policyholders’ premiums are the first line of defense for paying claims, but because we’re a reciprocal, policyholders also contribute a small yearly amount (called surplus contributions) that provides extra cushion to bolster our reserves. We’ve been growing fast as more customers choose us to protect their homes, and we have tens of millions in surplus to cover claims and maintain our operations plus adequate capital to support our continued growth.

Strong Financial Results

Our net admitted assets and surplus illustrate our financial reserves beyond our reinsurance program.

12/31/24 actuals from 2024 YE statutory filings

$ 1 M

Net Admitted Assets