A
Sterling Ins Co
Rating Date
April 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
8.90
Risk Adjusted
Capital Ratio #2
6.10
Loss
Ratio
51.71%
Total
Assets
323.23M
Capital
224.27M
Net
Premiums
82.87M
Net
Income
7.92M
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
2023
0
0
0
0.00%
22.82%
2022
463
68
531
12.81%
23.10%
2021
396
56
452
12.39%
22.81%
2020
442
74
516
14.34%
21.51%
2019
514
82
596
13.76%
22.66%
2018
475
73
548
13.32%
21.92%
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
2023
249
141
390
36.15%
38.64%
2022
244
152
396
38.38%
39.39%
2021
281
203
484
41.94%
40.41%
2020
279
194
473
41.01%
48.09%
2019
276
177
453
39.07%
43.30%
2018
374
224
598
37.46%
41.13%
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
2023
897
463
1,360
34.04%
36.96%
2022
1,012
448
1,460
30.68%
37.08%
2021
1,258
605
1,863
32.47%
39.17%
2020
1,063
452
1,515
29.83%
35.42%
2019
1,222
507
1,729
29.32%
35.34%
2018
1,442
592
2,034
29.11%
34.35%
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
2023
0
0
0
0.00%
16.34%
2022
1
1
2
50.00%
11.13%
2021
0
2
2
100.00%
18.93%
2020
1
3
4
75.00%
20.93%
2019
1
2
3
66.67%
16.90%
2018
0
1
1
100.00%
11.94%
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
2023
74
27
101
26.73%
44.64%
2022
93
27
120
22.50%
46.15%
2021
77
31
108
28.70%
46.87%
2020
80
32
112
28.57%
43.90%
2019
99
30
129
23.26%
42.09%
2018
125
28
153
18.30%
39.60%