Major Rating Factors:
Fair profitability index (2.9 on a scale of 0 to 10) with operating losses during 2022, 2023 and 2024. Good liquidity (5.2) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Good overall results on stability tests (6.2) despite. Other stability subfactors include potentially strong support from affiliation with Auto Club Ins Association Group, good operational trends and excellent risk diversification.
Other Rating Factors:
Strong long-term capitalization index (7.4) based on excellent current risk adjusted capital (severe and moderate loss scenarios) reflecting improvement over results in 2024. Ample reserve history (9.4) that helps to protect the company against sharp claims increases.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
Principal Lines of Business:
Personal/comm auto (59.6%), homeowners (38.3%), comm multi (0.7%), farmowners (0.2%), work comp (0.1%), other (1.1%)
Licensed in:
AL, IA, IL, IN, KS, KY, MI, MN, NC, ND, NE, OH, OK, SC, SD, VA, WV
Principal Investments:
Investment grade bonds (84.2%), other (15.8%)
Corporate Info
Group Affiliation
Auto Club Ins Association Group
Investment Rating
--
Company Address
One Auto Club Drive
Dearborn, MI 48126
Dearborn, MI 48126
Phone Number
(313) 336-1234
NAIC Number
11983
Website
Largest Affiliates