13800 Coppermine Road, Herndon, VA 20171
877-521-1388
847 Station Street, Herndon, VA 20170
(703) 471-0050
13800 Coppermine Road, Herndon, VA 20171
877-521-1388
service@mycompassinsurancegroup.com847 Station Street, Herndon, VA 20170(703) 471-0050Client@griffinowens.com
As friends and neighbors, we understand how hard you’ve worked for what you have. We’re committed to working just as hard to provide reliable coverage for your home and auto, business, or farm. Rockingham Insurance is here to help.
In response to the challenges faced by policyholders during COVID-19, Rockingham Insurance reduced auto insurance premiums. We also provided flexible payment options allowing policyholders to protect the things that matter.
The pandemic served as a motivator to accelerate our technology upgrades. Rockingham is implementing a new administration system to meet the needs of our increasingly digitally- focused customers. Our goal is to simplify insurance purchasing and service and provide a better online experience for our customers.
Our personal lines agents, commercial agencies, and specialty MGA partners highlight the strength of Rockingham Insurance relationships. Through these partnerships, we remain committed to our impact on the diverse communities we serve.
As a mutual holding company, we are well-capitalized with a strong balance sheet strength rating. Our financial stability was again confirmed with an ‘A’ Excellent rating by AM Best, the insurance industry’s credit rating agency.
The Board of Directors, management, staff, and agents thank you for trusting Rockingham Insurance for your insurance needs.
EXECUTIVE OFFICERS
BOARD OF DIRECTORS
97
Combined Ratio*
69,450+
Policies serviced
14,675+
New policies added
65+
Charitable organizations supported
*Combined ratio is a standard measurement of an insurance company’s underwriting profitability. A combined ratio of less than 100 generally indicates an underwriting profit.
CONSOLIDATED BALANCE SHEET (IN 000’S) | AS OF DECEMBER 31, 2020 AND 2019
| Assets | 2020 | 2019 |
|---|---|---|
| Bonds | $ 112,762 | $ 92,087 |
| Common Stocks | 28,771 | 26,255 |
| Cash & Short Term Investments | 19,583 | 23,635 |
| Real Estate | 1,052 | 1,087 |
| Uncollected Premiums | 26,835 | 17,631 |
| Other Assets | 4,258 | 2,347 |
| TOTAL ASSETS | $193,261 | $163,042 |
| LIABILITIES & SURPLUS | 2020 | 2019 |
|---|---|---|
| Losses & Loss Adjustment Expenses | $ 41,816 | $ 30,714 |
| Unearned Premiums | 59,261 | 46,456 |
| Other Liabilities | 14,808 | 10,714 |
| Total Liabilities | 115,885 | 87,884 |
| Surplus | 77,376 | 75,158 |
| TOTAL LIABILITIES & SURPLUS | $ 193,261 | $ 163,042 |
Buffamante Whipple Buttafaro, P.C. conducts an annual independent audit of the companies’ results. Rockingham Mutual Group, Inc. is the parent company of Rockingham Group, Inc., Rockingham Insurance Company, Rockingham Casualty Company, Rockingham Mutual Service Agency, Inc, and Rockingham Specialty, Inc.
Covid-19 Response
Pandemic support
In support of policyholders, flexible payment options were offered. In addition, Auto coverage rates were lowered at renewal.
Rockstar Responders
Recognizing local heroes
Each month, one local first responder was honored for the positive impact they made in the communities we serve.
Charlie Wampler, Jr. Community Builder Award
Giving back to the community
The United Way of Harrisonburg & Rockingham County presented the prestigious award for the programs supported in 2019, during Rockingham Insurance’s 150-year anniversary.
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