Truck Ins Exchange
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
National Average
2023
98,740
20,911
119,651
17.48%
22.82%
2022
107,618
7,822
115,440
6.78%
23.10%
2021
98,605
6,551
105,156
6.23%
22.81%
2020
80,021
3,073
83,094
3.70%
21.51%
2019
101,278
3,897
105,175
3.71%
22.66%
2018
104,814
3,139
107,953
2.91%
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
National Average
2023
1,413
690
2,103
32.81%
47.27%
2022
1,287
531
1,818
29.21%
45.41%
2021
1,212
485
1,697
28.58%
44.40%
2020
1,000
208
1,208
17.22%
42.42%
2019
1,034
143
1,177
12.15%
44.33%
2018
973
141
1,114
12.66%
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
National Average
2023
1,149
843
1,992
42.32%
38.64%
2022
1,105
585
1,690
34.62%
39.39%
2021
1,419
743
2,162
34.37%
40.41%
2020
1,356
809
2,165
37.37%
48.09%
2019
1,467
1,072
2,539
42.22%
43.30%
2018
1,713
1,094
2,807
38.97%
41.13%
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
National Average
2023
19,362
19,154
38,516
49.73%
36.96%
2022
18,308
14,980
33,288
45.00%
37.08%
2021
17,992
19,073
37,065
51.46%
39.17%
2020
15,138
15,254
30,392
50.19%
35.42%
2019
13,813
16,679
30,492
54.70%
35.34%
2018
15,499
15,361
30,860
49.78%
34.35%
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
National Average
2023
3
12
15
80.00%
74.81%
2022
3
12
15
80.00%
73.22%
2021
1
9
10
90.00%
79.01%
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
National Average
2023
7
16
23
69.57%
16.34%
2022
44
132
176
75.00%
11.13%
2021
39
139
178
78.09%
18.93%
2020
41
150
191
78.53%
20.93%
2019
45
173
218
79.36%
16.90%
2018
53
180
233
77.25%
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
National Average
2023
25,465
12,400
37,865
32.75%
44.64%
2022
27,388
8,586
35,974
23.87%
46.15%
2021
27,283
7,374
34,657
21.28%
46.87%
2020
23,776
5,742
29,518
19.45%
43.90%
2019
35,131
6,180
41,311
14.96%
42.09%
2018
38,709
7,027
45,736
15.36%
39.60%
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
National Average
2023
0
0
0
0.00%
62.55%
2022
0
0
0
0.00%
56.52%
2021
0
0
0
0.00%
62.74%
2020
0
0
0
0.00%
61.51%
2019
0
0
0
0.00%
70.02%
2018
0
0
0
0.00%
70.45%
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
National Average
2023
158
49
207
23.67%
35.70%
2022
185
61
246
24.80%
37.14%
2021
193
55
248
22.18%
35.46%
2020
173
44
217
20.28%
33.86%
2019
228
54
282
19.15%
34.01%
2018
293
69
362
19.06%
32.34%