C
Essentia Ins Co
Rating Date
April 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
3.90
Risk Adjusted
Capital Ratio #2
3.50
Loss
Ratio
--
Total
Assets
148.66M
Capital
35.56M
Net
Premiums
0.00
Net
Income
1.28M
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
15,691
2,724
18,415
14.79%
22.80%
2023
15,311
2,701
18,012
15.00%
22.83%
2022
14,369
2,207
16,576
13.31%
23.10%
2021
6,935
618
7,553
8.18%
22.81%
2020
5,461
486
5,947
8.17%
21.51%
2019
9,661
1,307
10,968
11.92%
22.66%
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
2022
1
0
1
0.00%
11.13%
2021
2
1
3
33.33%
18.93%
2020
4
4
8
50.00%
20.93%
2019
3
1
4
25.00%
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
3,603
3,390
6,993
48.48%
45.00%
2023
3,713
3,742
7,455
50.19%
44.64%
2022
3,347
2,999
6,346
47.26%
46.15%
2021
2,455
1,417
3,872
36.60%
46.87%
2020
1,749
997
2,746
36.31%
43.90%
2019
1,995
1,167
3,162
36.91%
42.09%