C
Motors Ins Corp
Detroit,  MI
Rating Date
April 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
6.20
Risk Adjusted
Capital Ratio #2
4.00
Loss
Ratio
71.72%
Total
Assets
2.43B
Capital
1.08B
Net
Premiums
719.35M
Net
Income
89.56M
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
2,998
944
3,942
23.95%
22.80%
2023
2,479
929
3,408
27.26%
22.83%
2022
1,987
833
2,820
29.54%
23.10%
2021
3,245
2,171
5,416
40.08%
22.81%
2020
2,311
1,054
3,365
31.32%
21.51%
2019
2,173
890
3,063
29.06%
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
336
36
372
9.68%
47.78%
2023
129
18
147
12.24%
47.29%
2022
130
14
144
9.72%
45.44%
2021
130
23
153
15.03%
44.40%
2020
17
13
30
43.33%
42.45%
2019
3
0
3
0.00%
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
739
17
756
2.25%
41.49%
2023
471
59
530
11.13%
38.64%
2022
22
3
25
12.00%
39.39%
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
11,395
2,304
13,699
16.82%
39.63%
2023
4,623
1,040
5,663
18.36%
36.96%
2022
27
7
34
20.59%
37.07%
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
4,517
0
4,517
0.00%
81.20%
2023
6,320
0
6,320
0.00%
74.87%
2022
6,578
0
6,578
0.00%
72.69%
2021
6,128
0
6,128
0.00%
79.01%
2020
3,782
0
3,782
0.00%
80.13%
2019
3,987
518
4,505
11.50%
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
9,993
6,285
16,278
38.61%
12.77%
2023
6,430
5,190
11,620
44.66%
16.34%
2022
3,409
3,657
7,066
51.75%
11.13%
2021
5,225
4,601
9,826
46.82%
18.93%
2020
7,889
62
7,951
0.78%
20.93%
2019
8,753
201
8,954
2.24%
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
2019
0
0
0
0.00%
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
0
0
0
0.00%
64.02%
2023
0
0
0
0.00%
62.55%
Warranty
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
308,747
0
308,747
0.00%
3.78%
2023
304,865
0
304,865
0.00%
4.57%
2022
304,576
0
304,576
0.00%
4.29%
2021
320,784
0
320,784
0.00%
5.64%
2020
347,089
0
347,089
0.00%
5.60%
2019
383,780
0
383,780
0.00%
6.35%