B
High Point Preferred Ins Co
Rating Date
April 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
1.20
Risk Adjusted
Capital Ratio #2
1.00
Loss
Ratio
73.55%
Total
Assets
428.53M
Capital
154.71M
Net
Premiums
194.47M
Net
Income
-12.43M
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
2023
0
1
1
100.00%
22.83%
2020
0
0
0
0.00%
21.51%
2019
0
0
0
0.00%
22.66%
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
5,336
2,920
8,256
35.37%
39.63%
2023
6,064
3,640
9,704
37.51%
36.96%
2022
5,943
3,448
9,391
36.72%
37.07%
2021
8,231
6,290
14,521
43.32%
39.17%
2020
7,365
3,927
11,292
34.78%
35.42%
2019
3,914
2,347
6,261
37.49%
35.34%
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
0
0
0
0.00%
12.77%
2023
0
1
1
100.00%
16.34%
2022
0
0
0
0.00%
11.13%
2021
0
0
0
0.00%
18.93%
2020
0
0
0
0.00%
20.93%
2019
0
2
2
100.00%
16.90%
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
0
0
0
0.00%
35.29%
2023
0
0
0
0.00%
35.67%
2022
0
1
1
100.00%
37.14%
2021
0
1
1
100.00%
35.46%
2020
0
0
0
0.00%
33.86%
2019
0
0
0
0.00%
34.01%