General Security National Insurance Company Review (2023)
We found that General Security National Insurance Company does not offer car insurance. General Security is a reinsurance affiliate of SCOR, which specializes in insuring other insurance companies.
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Chris Harrigan
Former Auto Insurance Claims Manager
Chris Harrigan has an economic degree from Limestone College and an MBA from Clemson University. He previously managed auto insurance claims for Enterprise Rent-A-Car. Currently, he is using his business and insurance expertise to provide insurance data analysis and visualizations to enhance the user experience.
Former Auto Insurance Claims Manager
UPDATED: Nov 6, 2023
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Our car insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different car insurance companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.
Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.
UPDATED: Nov 6, 2023
It’s all about you. We want to help you make the right car insurance coverage choices.
Advertiser Disclosure: We strive to help you make confident car insurance decisions. Comparison shopping should be easy. We are not affiliated with any one car insurance company and cannot guarantee quotes from any single company.
Our car insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different car insurance companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.
On This Page
- AM Best Rating: A
- Monthly Rates From: $45-$118
- Types of Coverage: Aircraft, Auto, Commercial Auto, Earthquake, Flood, Homeowners
- Customer Service & Claims Number: 1-800-849-2724
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.
| Coverage Type | General Security | U.S. Average |
|---|---|---|
| Full Coverage | $118 | $119 |
| Minimum Coverage | $45 | $45 |
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.
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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.
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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.
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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.
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Coverage Limits: The extent of coverage you choose can significantly affect the cost. Higher coverage limits typically result in higher premiums.
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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.
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Additional Services: If you require additional services, riders, or endorsements, these may come at an extra cost.
General Security National Insurance Company specializes in fire and casualty insurance and offers reinsurance services. The cost of insurance coverage with GSNIC depends on various factors, including the type of coverage, location, risk assessment, coverage limits, deductibles, and any additional services needed.
It is essential to consult directly with GSNIC or a licensed insurance agent to obtain accurate and personalized cost information for your specific insurance needs.
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Coverage Options Offered by General Security National Insurance Company
General Security National Insurance Company (GSNIC) specializes in providing fire and casualty insurance as well as reinsurance services to other insurance companies. While GSNIC does not directly offer personal auto insurance coverage, it’s important to understand the types of coverage that may be relevant when dealing with fire and casualty insurance.
Here are some coverage options typically associated with fire and casualty insurance:
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Fire Insurance: This coverage protects against damage or loss caused by fires. It is often essential for homeowners, businesses, and property owners.
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Casualty Insurance: Casualty insurance covers a range of liabilities and losses resulting from events such as accidents, injuries, or third-party property damage. It is essential for businesses and individuals to protect against unforeseen events.
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Liability Insurance: Liability coverage safeguards policyholders from financial responsibility in case they are found legally responsible for injuries or property damage to others. This type of coverage is critical for businesses and individuals who may face legal claims.
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Property Insurance: Property insurance typically covers the physical assets owned by an individual or business. It can protect against damage to structures, equipment, and inventory.
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Marine Insurance: This coverage protects against losses related to the transportation of goods by sea, including damage, loss, or theft of cargo.
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Aircraft Insurance: GSNIC may offer coverage for aircraft owners, protecting against damage, loss, or liability associated with private or commercial aircraft.
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Earthquake Insurance: Depending on the region, earthquake insurance may be essential to protect against damage caused by seismic events.
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Flood Insurance: Flood insurance provides coverage for losses resulting from flooding, which is typically not covered by standard property insurance policies.
The specific coverage options available through GSNIC may vary, and the company primarily serves the insurance industry rather than individual policyholders. For those seeking personal auto insurance coverage or other types of insurance not related to fire and casualty.
Discount Available With General Security National Insurance Company
Since General Security National Insurance Company (GSNIC) primarily offers reinsurance services and focuses on fire and casualty insurance rather than personal auto insurance, there may not be typical discounts associated with personal auto insurance coverage.
However, some discounts that are common in the insurance industry when dealing with other types of insurance, such as property and casualty, include:
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Multi-Policy Discount
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Safety Features Discount
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Claims-Free Discount
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Renewal Discounts
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Safety and Loss Prevention Measures
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Group or Association Discounts
It’s important to keep in mind that the availability and eligibility criteria for discounts can vary significantly between insurance providers. For those seeking personal auto insurance or other types of coverage not related to fire and casualty.
Additionally, discussing your insurance needs with an agent can help you determine which discounts may be applicable to your unique situation.
Claims Procedure for General Security National Insurance
Ease of Filing a Claim (Online, Over the Phone, Mobile Apps)
General Security National Insurance Company (GSNIC) primarily offers fire and casualty insurance and does not provide personal auto insurance. Therefore, customers seeking auto insurance coverage or needing to file a car insurance claim cannot do so through GSNIC. GSNIC specializes in insuring other insurance companies rather than individual policyholders.
Average Claim Processing Time
Since GSNIC does not offer personal auto insurance coverage or handle claims for individual policyholders, there is no specific information available regarding their claim processing time. Policyholders should contact their respective auto insurance providers for information regarding claim processing times.
Customer Feedback on Claim Resolutions and Payouts
As GSNIC specializes in reinsurance for other insurance companies and does not offer personal auto insurance, there is no customer feedback or information available regarding claim resolutions and payouts for GSNIC. If you have specific concerns about a claim with another insurance company that GSNIC reinsures, you should contact your insurance provider directly for assistance with your claim.
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Technology and Digital Features of General Security National Insurance
Mobile App Features and Functionality
General Security National Insurance Company does not offer a mobile app for policyholders, as they primarily focus on fire and casualty insurance and provide reinsurance services to other insurance companies. Policyholders looking for mobile app features and functionality should check with their respective auto insurance providers for available mobile apps and features.
Online Account Management Capabilities
Since GSNIC does not offer personal auto insurance policies to policyholders, they do not provide online account management capabilities for policyholders. Policyholders should refer to their individual auto insurance providers for online account management options and services.
Digital Tools and Resources
GSNIC does not offer digital tools or resources directly to policyholders, as their primary focus is on reinsurance services for other insurance companies. If you are looking for digital tools or resources related to auto insurance, it is advisable to consult your specific auto insurance provider, as they may offer online resources, tools, and educational materials to assist policyholders.
Customer Reviews for General Security National Insurance Company
While General Security National Insurance Company primarily operates in the reinsurance sector, it does not typically garner customer reviews in the same way as traditional auto insurance providers. As a reinsurance affiliate of SCOR, its primary focus is on ensuring the financial stability and support of other insurance companies.
Consequently, customer feedback and reviews specific to GSNIC are relatively scarce. Individuals seeking auto insurance coverage are encouraged to explore reviews and feedback from traditional insurance providers to make informed decisions regarding their insurance needs.
History and Mission of General Security National Insurance Company
General Security National Insurance Company (GSNIC) has a notable history within the insurance industry. Established as a reinsurance affiliate of SCOR, a leading global reinsurance provider, GSNIC has maintained a commitment to financial stability and support since its inception.
While its primary mission is to provide reinsurance services to other insurance companies, GSNIC operates with a broader mission to strengthen and secure the insurance industry by offering robust reinsurance solutions.
This mission aligns with its dedication to financial integrity and excellence, ensuring that the insurance companies it supports can continue to provide reliable coverage to their customers. Through this mission, GSNIC contributes to the overall stability of the insurance landscape, bolstering the industry’s resilience in the face of various challenges.
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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.
| Type of Auto Insurance Coverage | Annual Average Rates (2011- 2015) |
|---|---|
| Liability | $516.39 |
| Collision | $299.73 |
| Comprehensive | $138.87 |
| Full Coverage | $954.99 |
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.
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Chris Harrigan
Former Auto Insurance Claims Manager
Chris Harrigan has an economic degree from Limestone College and an MBA from Clemson University. He previously managed auto insurance claims for Enterprise Rent-A-Car. Currently, he is using his business and insurance expertise to provide insurance data analysis and visualizations to enhance the user experience.
Former Auto Insurance Claims Manager
Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.