A
Frankenmuth Ins Co
Rating Date
April 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
2.80
Risk Adjusted
Capital Ratio #2
2.10
Loss
Ratio
67.00%
Total
Assets
2.01B
Capital
838.31M
Net
Premiums
870.73M
Net
Income
17.94M
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
20,414
3,483
23,897
14.58%
22.80%
2023
21,493
3,627
25,120
14.44%
22.83%
2022
19,973
3,478
23,451
14.83%
23.10%
2021
19,224
3,026
22,250
13.60%
22.81%
2020
17,495
3,380
20,875
16.19%
21.51%
2019
14,348
9,041
23,389
38.65%
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
1,180
448
1,628
27.52%
47.78%
2023
1,201
470
1,671
28.13%
47.29%
2022
1,296
476
1,772
26.86%
45.44%
2021
1,204
381
1,585
24.04%
44.40%
2020
1,191
360
1,551
23.21%
42.45%
2019
721
956
1,677
57.01%
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
1,399
906
2,305
39.31%
41.49%
2023
1,619
885
2,504
35.34%
38.64%
2022
1,489
908
2,397
37.88%
39.39%
2021
1,473
899
2,372
37.90%
40.41%
2020
1,402
1,441
2,843
50.69%
48.09%
2019
388
1,639
2,027
80.86%
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
2,646
1,055
3,701
28.51%
39.63%
2023
4,055
1,284
5,339
24.05%
36.96%
2022
2,463
1,039
3,502
29.67%
37.07%
2021
2,930
1,213
4,143
29.28%
39.17%
2020
2,736
1,258
3,994
31.50%
35.42%
2019
1,685
1,776
3,461
51.31%
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
25
32
57
56.14%
81.20%
2023
20
25
45
55.56%
74.87%
2022
15
24
39
61.54%
72.69%
2021
19
29
48
60.42%
79.01%
2020
20
24
44
54.55%
80.13%
2019
7
24
31
77.42%
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
10
11
90.91%
12.77%
2023
1
12
13
92.31%
16.34%
2022
2
8
10
80.00%
11.13%
2021
7
8
15
53.33%
18.93%
2020
10
10
20
50.00%
20.93%
2019
3
34
37
91.89%
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
1,592
605
2,197
27.54%
45.00%
2023
1,424
551
1,975
27.90%
44.64%
2022
1,346
457
1,803
25.35%
46.15%
2021
1,379
422
1,801
23.43%
46.87%
2020
1,455
356
1,811
19.66%
43.90%
2019
1,374
956
2,330
41.03%
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
3
5
60.00%
64.02%
2023
1
2
3
66.67%
62.55%
2022
3
3
6
50.00%
56.52%
2021
2
2
4
50.00%
62.74%
2020
1
4
5
80.00%
61.51%
2019
1
9
10
90.00%
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
981
474
1,455
32.58%
35.29%
2023
1,203
555
1,758
31.57%
35.67%
2022
1,102
476
1,578
30.16%
37.14%
2021
1,038
395
1,433
27.56%
35.46%
2020
936
307
1,243
24.70%
33.86%
2019
1,089
263
1,352
19.45%
34.01%