C
Prime Ins Co
Sandy,  UT
Rating Date
June 2026
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
0.75
Risk Adjusted
Capital Ratio #2
0.61
Loss
Ratio
63.44%
Total
Assets
581.67M
Capital
174.85M
Net
Premiums
156.18M
Net
Income
36.68M
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
2025
11
12
23
52.17%
23.88%
2024
10
12
22
54.55%
23.31%
2023
11
9
20
45.00%
22.83%
2022
29
18
47
38.30%
23.10%
2021
36
39
75
52.00%
22.81%
2020
44
30
74
40.54%
21.51%
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
2025
318
611
929
65.77%
49.08%
2024
289
656
945
69.42%
47.46%
2023
352
746
1,098
67.94%
47.29%
2022
735
1,714
2,449
69.99%
45.44%
2021
381
1,121
1,502
74.63%
44.40%
2020
381
724
1,105
65.52%
42.45%
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
2025
0
0
0
0.00%
38.98%
2024
0
2
2
100.00%
39.58%
2023
1
0
1
0.00%
36.96%
2022
2
2
4
50.00%
37.07%
2021
3
5
8
62.50%
39.17%
2020
48
24
72
33.33%
35.42%
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
2025
36
203
239
84.94%
83.87%
2024
48
197
245
80.41%
81.44%
2023
101
232
333
69.67%
74.87%
2022
143
504
647
77.90%
72.69%
2021
370
893
1,263
70.70%
79.01%
2020
228
423
651
64.98%
80.13%
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
2025
7
32
39
82.05%
13.25%
2024
3
35
38
92.11%
12.32%
2023
3
50
53
94.34%
16.34%
2022
3
48
51
94.12%
11.13%
2021
6
44
50
88.00%
18.93%
2020
4
26
30
86.67%
20.93%