B
1st Choice Advantage Ins Co
Everett,  PA
Rating Date
April 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
2.60
Risk Adjusted
Capital Ratio #2
1.70
Loss
Ratio
59.94%
Total
Assets
36.07M
Capital
14.46M
Net
Premiums
21.22M
Net
Income
3.55M
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
1,004
110
1,114
9.87%
22.80%
2023
1,099
126
1,225
10.29%
22.83%
2022
1,166
133
1,299
10.24%
23.10%
2021
1,170
155
1,325
11.70%
22.81%
2020
1,175
104
1,279
8.13%
21.51%
2019
1,487
130
1,617
8.04%
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
86
13
99
13.13%
47.78%
2023
90
15
105
14.29%
47.29%
2022
129
19
148
12.84%
45.44%
2021
90
25
115
21.74%
44.40%
2020
89
15
104
14.42%
42.45%
2019
138
13
151
8.61%
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
43
3
46
6.52%
41.49%
2023
59
3
62
4.84%
38.64%
2022
29
12
41
29.27%
39.39%
2021
67
37
104
35.58%
40.41%
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
44
4
48
8.33%
39.63%
2023
37
7
44
15.91%
36.96%
2022
26
1
27
3.70%
37.07%
2021
19
6
25
24.00%
39.17%
2020
17
7
24
29.17%
35.42%
2019
4
1
5
20.00%
35.34%
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
0
1
0.00%
12.77%
2023
0
0
0
0.00%
16.34%
2022
0
0
0
0.00%
11.13%
2021
0
0
0
0.00%
18.93%
2020
0
0
0
0.00%
20.93%
2019
0
0
0
0.00%
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
131
18
149
12.08%
45.00%
2023
162
25
187
13.37%
44.64%
2022
185
28
213
13.15%
46.15%
2021
217
29
246
11.79%
46.87%
2020
209
18
227
7.93%
43.90%
2019
289
29
318
9.12%
42.09%