Statutory Accounting (SAP)

The conservative accounting rules insurers must use for regulators, focused on their ability to pay claims — stricter than the GAAP standards used for investors.

This is a friendly general explanation, not legal or policy language. Exact coverage depends on your policy, carrier, and state. 🤝

Written and reviewed by the We Insure Things team — licensed independent insurance agents. Last reviewed July 23, 2026. Questions? Ask a licensed agent.