Business Details
41 Years
experience
Independent Insurance Solutions in Milford, Connecticut
Summit Financial Group is a family-owned independent insurance agency established in 1985, dedicated to providing personalized service rooted in local community values. Our team combines over 200 years of collective insurance expertise to deliver tailored solutions across personal, commercial, and specialty lines. We prioritize client education, transparency, and relationship-building while leveraging partnerships with multiple carriers to secure competitive coverage options.Our commitment to professionalism and ethical advice has made us a trusted resource for Milford residents and beyond. We specialize in simplifying complex insurance needs through individualized assessments and a streamlined client experience. As a multi-generational business, we maintain founder Kenneth Ponelli's original vision of treating every client like family while adapting to modern insurance challenges.
Services
Auto Insurance
Home Insurance
Flood Insurance
Life Insurance
Commercial Insurance
Umbrella Coverage
Recreational Insurance
Builders Risk
Details
- Year established: 1985
Highlights and features
- Family-owned agency with 38 years of local expertise
- 200+ years combined experience across specialized insurance lines
- Personalized coverage solutions from multiple carriers
- Community-focused approach with face-to-face service
- Expert guidance through complex insurance decisions
Services
Auto Insurance
Protect your vehicle with customized auto insurance policies that meet Connecticut's requirements while addressing individual risk factors. Our agents compare multiple carriers to find optimal liability limits, collision coverage, and specialized protections for classic cars or high-value assets. We help clients understand policy details including deductibles, discounts, and claims processes.
Flood Insurance
Secure private market flood insurance solutions that offer better value than federal programs. We specialize in transitioning National Flood Insurance Program policies to private carriers like Lexington and Johnson & Johnson, potentially saving clients thousands annually. Our experts analyze property-specific flood risks and recommend appropriate coverage limits based on location and value.
Commercial Insurance
Comprehensive protection for Connecticut businesses including general liability, property damage, and workers' compensation. We offer tailored packages for small businesses and commercial operations, covering risks from slip-and-fall incidents to equipment damage. Our team understands employer liability requirements and helps businesses select appropriate policy limits and endorsements.
Life Insurance
Provide for loved ones with term and permanent life insurance policies designed to maintain family financial stability. We help clients evaluate coverage needs based on income replacement, mortgage protection, and future expenses. Our agents explain policy features including death benefits, cash value accumulation, and underwriting requirements for different health profiles.
Home Insurance
Protect residential properties with customized homeowners insurance covering structural damage, personal belongings, and liability claims. We offer standard and high-value policies for primary residences, vacation homes, and coastal properties. Our agents explain coverage components like dwelling protection, personal liability limits, and additional living expenses during repairs.
People
Kenneth Ponelli
Owner
Founder of Summit Financial Group with over 35 years of insurance experience. A lifelong Milford resident committed to community-focused insurance solutions.
Eric Ponelli
Producer
Second-generation insurance professional specializing in property, casualty, life, and health coverage with 20+ years of client service experience.
Scott Ponelli
Producer
Licensed agent with expertise in commercial and personal insurance lines, contributing to the agency's growth since joining the family business.
Jody Ostrom
Producer
Experienced insurance professional handling property, casualty, life, and health policies with a focus on client education and service.
Frank Ventresca
Producer
Specializes in property and casualty insurance with extensive knowledge of Connecticut's commercial insurance requirements and risk management solutions.
Questions
What types of insurance do you offer?
We provide auto, home, flood, life, commercial, umbrella, recreational vehicle, and specialty insurance policies tailored to Connecticut residents and businesses.
Are you open on weekends?
Our Milford office is closed Saturdays and Sundays but available Monday-Thursday 9AM-5PM and Friday 9AM-4:30PM.
Do you work with multiple insurance carriers?
Yes, we're independent agents representing numerous carriers to find competitive rates and specialized coverage options for each client.
Can you help lower my flood insurance costs?
We specialize in transitioning federal flood policies to private carriers like Lexington, potentially saving hundreds annually through competitive private market rates.
Reviews (5)
Jermaine Martin Riley
Feb 23, 2021
Report
Was referred to Summit Financial Group through a family member for homeowners insurance and to bundle my car insurance. I can say the process was absolutely fantastic! Worked specifically with Scott Ponelli who was great, he gave us all the information we needed and was available at all times to assist or answer questions. I would recommend him and his office to ANYONE looking for insurance policies. Will definitely be a customer for the long haul.
Michael Bokowski
Sep 10, 2020
Report
Recently I began the remortgaging process from a 30 to a 15 year loan. I was unhappy with my current insurances and their cost. I was alerted to SFG by a mutual acquaintance. I emailed the company and immediately heard back from Eric Ponelli who was extremely polite and responsive. Less than 24 hours I heard back from him with full and accurate quotes. The new insurances saved me over $1400 a year for Home, Flood, Car and Umbrella.
Just flood insurance alone ERIC SAVED ME $1000. I would seriously and highly recommend this insurance agency over any of them in a heartbeat. Anyone who is getting ripped off for flood especially by FEMA please contact this agency and you will NOT be disappointed. THANK YOU SO MUCH ERIC!
Just flood insurance alone ERIC SAVED ME $1000. I would seriously and highly recommend this insurance agency over any of them in a heartbeat. Anyone who is getting ripped off for flood especially by FEMA please contact this agency and you will NOT be disappointed. THANK YOU SO MUCH ERIC!
Ryan Griffith
May 28, 2020
Report
A friend mentioned Summit saved them money on car insurance so I decided to give them a call. I was happy to speak with Eric who was very friendly and said he was the owner son ( & long time Milfordites). He was very professional and helped me save over $60 a month car insurance. It was easy and didn't take long. Signed all the documents via email didn't even have to leave home. I highly recommend Summit.
Ryan McMahon
Dec 15, 2019
Report
The employees here were some of the most kind and respectful people i've worked with, would 100% recommend to anyone looking for quality service and extensive personal care.
ThiagO Ramos
Oct 22, 2018
Report
The Best Service i have ever received. Ken and his sons are super friendly and very knowledgeable about all types of insurance. I would recommend him to family and friends.
