B
Fremont Ins Co
Fremont,  MI
Rating Date
April 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
1.70
Risk Adjusted
Capital Ratio #2
1.40
Loss
Ratio
73.97%
Total
Assets
201.30M
Capital
37.21M
Net
Premiums
92.56M
Net
Income
-8.80M
My Lists My Alerts
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
4,749
954
5,703
16.73%
22.80%
2023
4,612
687
5,299
12.96%
22.83%
2022
4,431
612
5,043
12.14%
23.10%
2021
4,313
561
4,874
11.51%
22.81%
2020
4,041
802
4,843
16.56%
21.51%
2019
5,314
1,121
6,435
17.42%
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
5
1
6
16.67%
47.78%
2023
4
1
5
20.00%
47.29%
2022
4
1
5
20.00%
45.44%
2021
4
1
5
20.00%
44.40%
2020
3
2
5
40.00%
42.45%
2019
5
2
7
28.57%
44.33%
Commercial Multiple Peril
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
13
5
18
27.78%
41.49%
2023
17
5
22
22.73%
38.64%
2022
13
3
16
18.75%
39.39%
2021
14
4
18
22.22%
40.41%
2020
9
13
22
59.09%
48.09%
2019
15
7
22
31.82%
43.30%
Homeowners & Farmowners
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
785
528
1,313
40.21%
39.63%
2023
1,074
517
1,591
32.50%
36.96%
2022
801
372
1,173
31.71%
37.07%
2021
927
468
1,395
33.55%
39.17%
2020
977
488
1,465
33.31%
35.42%
2019
1,054
529
1,583
33.42%
35.34%
Other Liability: Claims Made
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
0
0
0
0.00%
81.20%
2023
0
0
0
0.00%
74.87%
2022
0
0
0
0.00%
72.69%
2021
0
0
0
0.00%
79.01%
2020
0
0
0
0.00%
80.13%
2019
0
0
0
0.00%
77.47%
Other Liability: Occurrence
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
30
9
39
23.08%
12.77%
2023
32
12
44
27.27%
16.34%
2022
35
14
49
28.57%
11.13%
2021
39
13
52
25.00%
18.93%
2020
27
5
32
15.63%
20.93%
2019
42
13
55
23.64%
16.90%
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
505
442
947
46.67%
45.00%
2023
468
437
905
48.29%
44.64%
2022
468
423
891
47.47%
46.15%
2021
516
468
984
47.56%
46.87%
2020
584
536
1,120
47.86%
43.90%
2019
846
816
1,662
49.10%
42.09%
Workers' Compensation
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
3
1
4
25.00%
35.29%
2023
4
1
5
20.00%
35.67%
2022
4
1
5
20.00%
37.14%
2021
4
1
5
20.00%
35.46%
2020
4
2
6
33.33%
33.86%
2019
5
2
7
28.57%
34.01%