B
State Farm Guaranty Ins Co
Rating Date
June 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
--
Total
Assets
Capital
Net
Premiums
Net
Income
Auto Physical Damage
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2024
8,717
2,755
11,472
24.01%
23.31%
2023
4,510
1,524
6,034
25.26%
22.83%
2022
3,711
1,312
5,023
26.12%
23.10%
2021
3,523
1,129
4,652
24.27%
22.81%
2020
2,227
768
2,995
25.64%
21.51%
2019
2,811
994
3,805
26.12%
22.66%
Commercial Auto Liability
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2024
146
130
276
47.10%
47.44%
2023
130
94
224
41.96%
47.29%
2022
153
88
241
36.51%
45.44%
2021
105
90
195
46.15%
44.40%
2020
125
61
186
32.80%
42.45%
2019
154
102
256
39.84%
44.33%
Private Passenger Auto Liability
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2024
2,663
2,615
5,278
49.55%
45.22%
2023
1,330
1,324
2,654
49.89%
44.64%
2022
1,010
1,081
2,091
51.70%
46.15%
2021
926
1,013
1,939
52.24%
46.87%
2020
840
814
1,654
49.21%
43.90%
2019
1,231
1,035
2,266
45.68%
42.09%