B
Economy Preferred Ins Co
Rating Date
April 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
7.10
Risk Adjusted
Capital Ratio #2
6.40
Loss
Ratio
--
Total
Assets
44.05M
Capital
24.59M
Net
Premiums
0.00
Net
Income
539.79K
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
49
9
58
15.52%
22.82%
2022
30,758
4,769
35,527
13.42%
23.10%
2021
25,645
3,240
28,885
11.22%
22.81%
2020
20,264
2,337
22,601
10.34%
21.51%
2019
16,739
2,967
19,706
15.06%
22.66%
2018
22,500
2,965
25,465
11.64%
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
11
11
100.00%
47.27%
2021
0
11
11
100.00%
44.40%
2020
0
131
131
100.00%
42.42%
2019
0
243
243
100.00%
44.33%
2018
0
84
84
100.00%
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
0
2
2
100.00%
38.64%
2021
21
4
25
16.00%
40.41%
2020
0
49
49
100.00%
48.09%
2019
0
73
73
100.00%
43.30%
2018
1
18
19
94.74%
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
2023
2
4
6
66.67%
36.96%
2022
1,383
674
2,057
32.77%
37.08%
2021
333
161
494
32.59%
39.17%
2020
8
10
18
55.56%
35.42%
2019
220
79
299
26.42%
35.34%
2018
6
2
8
25.00%
34.35%
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
405
2
407
0.49%
44.64%
2022
5,183
3,444
8,627
39.92%
46.15%
2021
4,531
2,524
7,055
35.78%
46.87%
2020
3,917
1,667
5,584
29.85%
43.90%
2019
4,632
2,091
6,723
31.10%
42.09%
2018
6,110
2,212
8,322
26.58%
39.60%