General Security National Insurance Company Review (2024)

Today, we will focus on the General Security National Insurance company. GSNIC is not one of the car insurance companies, but instead is categorized as a fire and casualty company and currently maintains an excellent rating.

Before continuing with this General Security National Insurance company car insurance review, make sure you’re getting the most affordable General Security National Insurance. Find and compare free auto insurance quotes online right now. Enter your ZIP code above to see what you could be saving.

General Security National Insurance Company Monthly Rates vs U.S. Average

Cost of General Security National Insurance Company

General Security National Insurance Company (GSNIC) primarily focuses on providing reinsurance services to other insurance companies, and therefore, it does not offer personal auto insurance policies directly to individual consumers. As a result, there are no specific cost details available for auto insurance coverage from GSNIC.

Here are the unique position of GSNIC and its focus on reinsurance, highlighting why cost considerations differ from traditional insurance providers.

• Type of Coverage: As GSNIC primarily deals with fire and casualty insurance, the cost will vary depending on the specific type of coverage you are seeking. The cost structure for fire and casualty insurance differs from personal auto insurance.

• Location: Insurance rates can vary based on your location. GSNIC operates from New York and may have varying rates depending on the region or state where you require coverage.

• Risk Assessment: Insurance companies assess risk when determining premiums. Your individual circumstances, such as the level of risk associated with the insured property or assets, will impact the cost.

• Coverage Limits: The extent of coverage you choose can significantly affect the cost. Higher coverage limits typically result in higher premiums.

• Deductibles: The deductible you select will also influence the cost. A higher deductible may lead to lower premiums, while a lower deductible will likely increase the cost.

• Additional Services: If you require additional services, riders, or endorsements, these may come at an extra cost.

Overview of General Security National Insurance Company (GSNIC)

Based in New York, General Security National Insurance Company is an affiliate of SCOR Global Property and Casualty. SCOR is an insurance company for insurance providers. Find a list of coverage options and more under the New York Department of Financial Services directory.

Financial Statements

GSNIC is rated as being financially secure. Unfortunately, for those seeking auto insurance, they do not offer personal lines of insurance.

They are a reinsurance company that specializes in insuring other insurance companies.

General Security Insurance Company Location

In addition to the corporate office in New York, there are two additional GSNIC offices:

• Itasca, Illinois (at 1 Pierce Place)
• Miami, Florida (at 701 Brickwell Avenue)

There may be coverage in other states as well.

General Security Insurance Company Quotes

There is no information regarding quotes or insurance claims from GSNIC. However, you can take a closer look at the average rates countrywide for car insurance in the table below.

Annual Average Countryside Car Insurance Rates

Those looking for the top insurance company for you based on quotes should start with our research tool. Enter your ZIP code to start.

Who owns General Security National Insurance Company?

Not to be confused with the Security National Insurance Company, the General Security National Insurance company offers insurance and reinsurance products to customers throughout the United States.

Unlike other branch insurance agencies, GSNIC does not offer personal auto insurance, so customers looking to insure their car must contact another insurance provider, like the Security National auto insurance company.

Security National was established in 1978. As a subsidiary of Bristol West, they are backed by the reputation of Farmers. (Check out our Farmers car insurance review).

The Security National Insurance Company is licensed to underwrite auto insurance policies in 40 states. While they have to provide customers with the minimum state-mandated liability coverage, they may also provide comprehensive coverage.

What is comprehensive car insurance? This insurance includes:

• Roadside assistance
• Personal damage
• Medical coverage

You can also purchase watercraft, home, and aircraft insurance from Security National.

Do Your Research

If you’re looking for car insurance from General Security National Insurance, you’re out of luck. If you want to buy General Security National Insurance, GSNIC focuses on fire and casualty insurance.

Before making any final decisions on your insurance company, it is important to learn as much as you can about your local insurance providers, and the coverages they offer. Call your local insurance agent to clear up any questions that you might have.

Questions to consider asking include, “What is the best coverage plan for me/my family/my situation?” “What are the minimum coverage requirements in my state and what form of coverage do you recommend?” “Do you guys offer any bundle discounts if I take out both my auto insurance and home insurance with you?” and “What is the average rate of insurance quotes you guys offer?”

Before making any big insurance decisions, use our free tool to compare insurance quotes near you. It’s simple, just plug in your zip code and we’ll do the rest!

Please note that GSNIC’s services are primarily directed toward the insurance industry and not individual consumers seeking personal auto insurance coverage or digital tools for policy management.

However, you can enter your ZIP code below in the free comparison tool to quickly find and compare car insurance quotes from leading auto insurance providers right now.