Rider is Powered by
Plymouth Rock Assurance
The acquisition of Rider Insurance by Plymouth Rock Assurance in Fall 2019 has made Rider a stronger, more competitive force.
Rider customers now have access to Auto, Home, Renters and Condo insurance and can take advantage of bundle savings options in one convenient place.
The Plymouth Rock Group of Companies writes and manages over $1.6 billion in personal and commercial auto, homeowners and umbrella insurance and operates in MA, NH, CT, PA, NJ and now NY.
Founded in 1982, Plymouth Rock has expanded significantly across the northeast US, all while exhibiting operational strength and financial stability.
Rider Insurance Financial Rating
What is an Insurance Financial Rating?
An insurance financial rating is an independent evaluation of the financial strength and stability of an insurance company. Each institute bases its evaluations in different factors and methodology.
Why is an Insurance Financial Rating important when choosing a motorcycle insurance provider?
An insurance financial rating is important because it is an indicator of an insurer’s current financial status and its ability to pay claims.
What is Rider Insurance Company’s Insurance Financial Rating?
AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of A- to Rider Insurance Company (Rider) (Woodbridge, NJ). The outlook assigned to these Credit Ratings is stable. Based on operational excellence, Financial Strength Ratings for Palisades Group and High Point Homeowners Group were upgraded to A- (“Excellent”) by A.M. Best Rating Services Inc, the world’s oldest and most authoritative insurance rating and information source, in 2018. The ratings reflect the companies’ strong operating performance, risk-adjusted capitalization strategies and balance sheet strength, which A.M. Best categorized as “very strong”.
Rider Insurance is powered by Plymouth Rock. The alliance between Rider Insurance and Plymouth Rock Assurance has made Rider a stronger, more competitive force. It gives you one place for all your insurance needs in personal and commercial auto, homeowners and umbrella insurance, as well as motorcycle.