KnightBrook Insurance Company Car Insurance Review [2020]

This KnightBrook Insurance Company Car Insurance Review [2020] review will cover KnightBrook Insurance Company Car Insurance Review [2020] ratings by real users for overall satisfaction and claims, cost, billing, and service satisfaction. To compare insurance rates from the best companies in your locale, enter your ZIP code below.

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Zaneta Wood, Ed.S. has over 15 years of experience in research and technical writing bringing a keen understanding of data analysis and information synthesis to reach a wide variety of audiences. She studied adult education and instructional technology at Appalachian State University as well as technical and professional communication at East Carolina University. Zaneta has prepared technical p...

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Joel Ohman is the CEO of a private equity backed digital media company. He is a CERTIFIED FINANCIAL PLANNER™, author, angel investor, and serial entrepreneur who loves creating new things, whether books or businesses. He has also previously served as the founder and resident CFP® of a national insurance agency, Real Time Health Quotes. He has an MBA from the University of South Florida. Jo...

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Reviewed by Joel Ohman
Founder & CFP®

UPDATED: Jan 29, 2021

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Company Details
Address: Brandywine Village 1807 N. Market St.
City: Wilmington
State: DE
ZIP Code: 19802-4810
Phone Number: 888-333-8198
Year Founded: 1934
AM Best Rating: B++ (Good)
Company Rating 0 (0 reviews)

Here's what you need to know...

  • KnightBrook was established in Delaware
  • They do not offer any auto insurance outside of Georgia
  • Their financial rating is not excellent

KnightBrook Insurance Company of Wilmington, Delaware is the subject of this car insurance review. KnightBrook was established in 2008 as the result of a merger between Northwestern Insurance Company and Excess Reinsurance Company.

KnightBrook is a specialty insurance provider focusing on niche products primarily at the commercial level. However, it does provide individual Georgia coverage through a company called Aggressive ARC.

KnightBrook’s strategy revolves around well-managed programs with a combined ratio of 90% or better.

Along with a cautious attitude regarding underwriting businesses with a potential for catastrophic losses, the strategy has helped the company maintain stable financials including adequate liquidity and total invested assets exceeding liabilities.

A.M. Best gives KnightBrook a financial stability rating of B++.

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What KnightBrook Car Insurance Offers

In addition to personal auto policies in Georgia, the company also handles a large amount of commercial coverage business. The company also offers:

  • Health insurance
  • Business underwriting
  • Homeowners policies
  • Boat insurance
  • Aircraft protection

As of late 2010 KnightBrook reported capital of $4.21 million, total assets of $30.87 million, and a policy surplus of $20.82 million.

It’s important to note that KnightBrook’s asset-to-liability ratio is significantly higher than the industry average. The rating from A.M. Best may not be as high as one would expect due to possible financial losses during the poor economy of the last few years.

However, this is not known for sure. Consumers who desire more information are free to contact A.M. Best or KnightBrook for details.

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