Reinsurance Protection
As Floridians ourselves, Security First Insurance knows what it's like to live through yearly hurricane seasons and we understand the importance of making sure your home is insured by a company that will be there for you after the storm. We provide this protection through our extensive reinsurance program.
Think of reinsurance as insurance for insurance companies. Florida regulators require insurance companies to purchase reinsurance for one 100 year event and two 20 year events. A 100 year event/return period is a catastrophic event so big that it has only a 1% (1/100) chance of occurring in a single year. A 20 year event has a 5% (1/20) chance of occurring and so on. Many private insurers purchase only the minimum amount required. Security First Insurance purchases reinsurance up to the 100 year event and for four 20 year events.
Play the demonstration below to see all we do to provide you with the peace of mind you deserve.
