This is a new company, owned and operated by seasoned insurance professionals, who have been in the trenches for many years. It is accordingly an “unrated” A. M. Best Company, but is reinsured by an A- company, with a “cut-through” endorsement that effectively makes paper issued by this company as “A-.”
Products are currently available only in Illinois.
Stonegate expects a commitment of at least $12,000 of annual premium production.
Preferred Auto/home – 15% commission. Package is 20%, with no credit scoring.
Dwelling Fire – 15%
Liquor Liability – 15%
Small Commercial Risks – 15%