C
Garrison P&C Ins Co
Rating Date
April 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
Total
Assets
Capital
Net
Premiums
Net
Income
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
2023
454,227
234,019
688,246
34.00%
22.82%
2022
444,799
251,256
696,055
36.10%
23.10%
2021
431,252
245,255
676,507
36.25%
22.81%
2020
366,241
214,644
580,885
36.95%
21.51%
2019
416,291
257,559
673,850
38.22%
22.66%
2018
387,213
218,744
605,957
36.10%
21.92%
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
2023
0
0
0
0.00%
47.27%
2022
0
0
0
0.00%
45.41%
2021
0
0
0
0.00%
44.40%
2020
0
0
0
0.00%
42.42%
2019
0
0
0
0.00%
44.33%
2018
0
0
0
0.00%
44.16%
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
2023
3
4
7
57.14%
38.64%
2022
6
13
19
68.42%
39.39%
2021
0
0
0
0.00%
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
2023
80,075
74,046
154,121
48.04%
36.96%
2022
51,725
49,555
101,280
48.93%
37.08%
2021
66,484
63,244
129,728
48.75%
39.17%
2020
51,402
49,918
101,320
49.27%
35.42%
2019
37,575
33,624
71,199
47.23%
35.34%
2018
39,054
36,077
75,131
48.02%
34.35%
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
2023
48
201
249
80.72%
16.34%
2022
48
145
193
75.13%
11.13%
2021
52
170
222
76.58%
18.93%
2020
46
161
207
77.78%
20.93%
2019
49
153
202
75.74%
16.90%
2018
53
134
187
71.66%
11.94%
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
2023
62,630
61,696
124,326
49.62%
44.64%
2022
67,723
77,262
144,985
53.29%
46.15%
2021
66,600
74,475
141,075
52.79%
46.87%
2020
60,580
64,095
124,675
51.41%
43.90%
2019
79,122
77,584
156,706
49.51%
42.09%
2018
72,045
64,227
136,272
47.13%
39.60%