A
American Freedom Ins Co
Rating Date
June 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
6.60
Risk Adjusted
Capital Ratio #2
5.00
Loss
Ratio
59.45%
Total
Assets
134.45M
Capital
52.93M
Net
Premiums
29.85M
Net
Income
1.68M
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
383
59
442
13.35%
23.31%
2023
400
55
455
12.09%
22.83%
2022
393
61
454
13.44%
23.10%
2021
387
75
462
16.23%
22.81%
2020
403
81
484
16.74%
21.51%
2019
498
121
619
19.55%
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
56
14
70
20.00%
47.44%
2023
51
11
62
17.74%
47.29%
2022
46
9
55
16.36%
45.44%
2021
40
6
46
13.04%
44.40%
2020
39
4
43
9.30%
42.45%
2019
49
5
54
9.26%
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
1
0
1
0.00%
41.75%
2023
2
1
3
33.33%
38.64%
2022
5
0
5
0.00%
39.39%
2021
6
1
7
14.29%
40.41%
2020
7
2
9
22.22%
48.09%
2019
6
1
7
14.29%
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
81
6
87
6.90%
39.58%
2023
98
5
103
4.85%
36.96%
2022
162
6
168
3.57%
37.07%
2021
72
4
76
5.26%
39.17%
2020
133
4
137
2.92%
35.42%
2019
101
3
104
2.88%
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
9
7
16
43.75%
12.20%
2023
7
7
14
50.00%
16.34%
2022
7
4
11
36.36%
11.13%
2021
7
4
11
36.36%
18.93%
2020
7
3
10
30.00%
20.93%
2019
8
3
11
27.27%
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
72
35
107
32.71%
45.22%
2023
58
29
87
33.33%
44.64%
2022
63
38
101
37.62%
46.15%
2021
126
141
267
52.81%
46.87%
2020
148
163
311
52.41%
43.90%
2019
254
255
509
50.10%
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
2024
2
2
4
50.00%
64.47%
2023
1
1
2
50.00%
62.55%
2022
2
2
4
50.00%
56.52%
2021
2
1
3
33.33%
62.74%
2020
2
1
3
33.33%
61.51%
2019
2
1
3
33.33%
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
36
10
46
21.74%
35.33%
2023
40
10
50
20.00%
35.67%
2022
37
8
45
17.78%
37.14%
2021
36
10
46
21.74%
35.46%
2020
35
9
44
20.45%
33.86%
2019
49
9
58
15.52%
34.01%