B
Monterey Ins Co
Rating Date
October 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
1.41
Risk Adjusted
Capital Ratio #2
0.89
Loss
Ratio
68.75%
Total
Assets
150.27M
Capital
41.37M
Net
Premiums
35.99M
Net
Income
1.41M
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
660
215
875
24.57%
23.31%
2023
706
260
966
26.92%
22.83%
2022
547
213
760
28.03%
23.10%
2021
590
221
811
27.25%
22.81%
2020
607
209
816
25.61%
21.51%
2019
862
351
1,213
28.94%
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
17
5
22
22.73%
47.45%
2023
17
10
27
37.04%
47.29%
2022
19
18
37
48.65%
45.44%
2021
23
21
44
47.73%
44.40%
2020
25
20
45
44.44%
42.45%
2019
42
37
79
46.84%
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
75
72
147
48.98%
41.74%
2023
87
93
180
51.67%
38.64%
2022
89
75
164
45.73%
39.39%
2021
101
88
189
46.56%
40.41%
2020
105
190
295
64.41%
48.09%
2019
113
94
207
45.41%
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
140
69
209
33.01%
39.58%
2023
198
100
298
33.56%
36.96%
2022
138
82
220
37.27%
37.07%
2021
213
103
316
32.59%
39.17%
2020
215
110
325
33.85%
35.42%
2019
251
130
381
34.12%
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%
81.44%
2020
0
1
1
100.00%
80.13%
2019
0
1
1
100.00%
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
1
4
5
80.00%
12.32%
2023
1
4
5
80.00%
16.34%
2022
2
2
4
50.00%
11.13%
2021
1
2
3
66.67%
18.93%
2020
2
3
5
60.00%
20.93%
2019
3
7
10
70.00%
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
134
142
276
51.45%
45.22%
2023
139
150
289
51.90%
44.64%
2022
126
149
275
54.18%
46.15%
2021
148
163
311
52.41%
46.87%
2020
179
180
359
50.14%
43.90%
2019
319
331
650
50.92%
42.09%