What does an A.M. Best rating mean?

All of the insurers with which we work have an "A" or better rating from AM Best. 

AM Best is the only global credit rating agency focusing on the insurance industry. Best's Credit Ratings, issued through A.M. Best Rating Services, Inc. are a recognized indicator of the financial history and strength of an insurer. Carriers are assigned a Best’s Rating which attempts to measure the comprehensive position of the company or association to industry average.

 

Best Financial Strength Ratings

Rating

A++, A+
A, A-
B++, B+

Description

Superior
Excellent
Very Good

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   | SECURE
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B, B-
C++, C+
C, C-
D
E
F
S

Fair
Marginal
Weak
Poor
Under Regulatory Supervision
In Liquidation
Suspend

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   | VULNERABLE
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Financial Size Categories

(Reported Policyholders’ Surplus Plus Conditional Reserve Funds)

Category

I
II
III
IV
V
VI
VII
VIII
IX
X
XI
XII
XIII
XIV
XV

Adjusted Policyholders Surplus

Less than 1,000,000
1,000,000 to 2,000,000
2,000,000 to 5,000,000
5,000,000 to 10,000,000
10,000,000 to 25,000,000
25,000,000 to 50,000,000
50,000,000 to 100,000,000
100,000,000 to 250,000,000
250,000,000 to 500,000,000
500,000,000 to 750,000,000
750,000,000 to 1,000,000,000
1,000,000,000 to 1,250,000,000
1,250,000,000 to 1,500,000,000
1,500,000,000 to 2,000,000,000
Greater than 2,000,000,000