Penn-Starr Car Insurance Review 
Penn-Starr car insurance is not for sale because Penn-Starr is a small business insurance company. Use our free tool below to compare car insurance quotes online.
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UPDATED: Jan 28, 2021
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- Penn Star does not provide car insurance
- The company is a subsidiary of Penn-America
- They offer small business insurance policies
The Penn-Star Insurance Company of Hatboro, Pennsylvania, is the subject of this car insurance review. Penn-Star was established in November 1996 and operates as a subsidiary of Penn-America.
Penn Star does not offer car insurance coverage.
They are primarily engaged in underwriting policies for small businesses to cover the following:
- general liability
- commercial coverage
- multi-peril needs
Their policies cover customers in America’s small towns and rural communities.
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What Penn-Star Offers
Second, the confusion seems to exist due to the fact that Penn-Star insurance products are sold through a network of more than 190 local agents around the country.
These agents represent multiple car insurance companies, some of which provide car insurance but just because a local agent sells auto insurance products, doesn’t necessarily mean they come from companies like Penn-Star.
Penn-Star doesn’t maintain its own web presence, and its parent company’s public information is lacking as well.
Therefore, little is known of either company except what is reported at several business tracking websites.
Penn-America and its subsidiaries do have a good financial strength rating (FSR) from A.M. Best at “A+” excellent. The most recent financial reporting by Penn-Star shows this company with assets of $170.3 million, a policy pour surplus of $66.5 million, and working capital of $4.2 million.
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