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Financial Services · Insurance - Property & Casualty

Safety Insurance Group, Inc.

Massachusetts-focused auto, home, and business property-casualty insurer

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What Safety Insurance does

Safety Insurance Group sells insurance, mostly in Massachusetts. Its main lines cover personal cars, commercial vehicles and homes, and it also sells policies for small businesses, umbrella liability, boats and rental properties. Customers buy its policies through independent insurance agents.

How Safety Insurance makes money

It collects premiums from drivers, homeowners and businesses through independent agents and pays claims for covered losses. It profits when premiums exceed claims and expenses, and it also earns income by investing the premiums it holds.

Products & services

Sector Financial Services Industry Insurance - Property & Casualty HQ United States Ticker SAFT Official site