GoAuto Ins Co
Major Rating Factors:
Fair long-term capitalization index (4.3 on a scale of 0 to 10) based on fair current risk adjusted capital (severe loss scenarios), although results have slipped from the excellent range during the last year. History of adequate reserve strength (6.9) as reserves have been consistently at an acceptable level. Good overall results on stability tests (5.2) despite excessive premium growth. Stability strengths include excellent historical capital adequacy and good risk diversification.
Other Rating Factors:
Vulnerable liquidity (0.2) as a spike in claims may stretch capacity. Excellent profitability index (8.4). Excellent expense controls.
Stability Factors:
G - Fast asset or premium growth.
L - Past results on our liquidity tests.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (100.0%)
Licensed in:
AL, GA, IN, LA, MS, NV, OH, TN, TX
Principal Investments:
Investment grade bonds (55.3%), cash (27.3%), real estate (1.8%), other (15.6%)
Corporate Info
Group Affiliation
None
Investment Rating
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Company Address
533 Highlandia Drive
Baton Rouge, LA 70810
Baton Rouge, LA 70810
Phone Number
(225) 926-7000
NAIC Number
10685
Website
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Largest Affiliates
No affiliate information available.