B
Neighborhood Spirit P&C Co
Rating Date
April 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
3.90
Risk Adjusted
Capital Ratio #2
2.80
Loss
Ratio
62.47%
Total
Assets
349.36M
Capital
140.73M
Net
Premiums
188.28M
Net
Income
21.75M
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
3,543
1,098
4,641
23.66%
22.80%
2023
12,741
2,698
15,439
17.48%
22.83%
2022
13,886
1,009
14,895
6.77%
23.10%
2021
12,723
845
13,568
6.23%
22.81%
2020
10,325
396
10,721
3.69%
21.51%
2019
13,068
503
13,571
3.71%
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
11
28
39.29%
47.78%
2023
182
89
271
32.84%
47.29%
2022
166
69
235
29.36%
45.44%
2021
156
63
219
28.77%
44.40%
2020
129
27
156
17.31%
42.45%
2019
133
18
151
11.92%
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
0
0
0
0.00%
41.49%
2023
148
109
257
42.41%
38.64%
2022
143
76
219
34.70%
39.39%
2021
183
96
279
34.41%
40.41%
2020
175
104
279
37.28%
48.09%
2019
189
138
327
42.20%
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
1,257
879
2,136
41.15%
39.63%
2023
2,498
2,471
4,969
49.73%
36.96%
2022
2,362
1,933
4,295
45.01%
37.07%
2021
2,322
2,461
4,783
51.45%
39.17%
2020
1,953
1,968
3,921
50.19%
35.42%
2019
1,782
2,152
3,934
54.70%
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
2
2
100.00%
74.87%
2022
0
1
1
100.00%
72.69%
2021
0
1
1
100.00%
79.01%
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
0
0
0
0.00%
12.77%
2023
1
2
3
66.67%
16.34%
2022
6
17
23
73.91%
11.13%
2021
5
18
23
78.26%
18.93%
2020
5
19
24
79.17%
20.93%
2019
6
22
28
78.57%
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
1,407
940
2,347
40.05%
45.00%
2023
3,286
1,600
4,886
32.75%
44.64%
2022
3,534
1,108
4,642
23.87%
46.15%
2021
3,520
952
4,472
21.29%
46.87%
2020
3,068
741
3,809
19.45%
43.90%
2019
4,533
797
5,330
14.95%
42.09%
Product 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
2020
0
0
0
0.00%
61.51%
2019
0
0
0
0.00%
70.02%
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
0
0
0
0.00%
35.29%
2023
20
6
26
23.08%
35.67%
2022
24
8
32
25.00%
37.14%
2021
25
7
32
21.88%
35.46%
2020
22
6
28
21.43%
33.86%
2019
29
7
36
19.44%
34.01%