B
AmGUARD Ins Co
Rating Date
April 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
0.70
Risk Adjusted
Capital Ratio #2
0.50
Loss
Ratio
88.71%
Total
Assets
2.03B
Capital
253.33M
Net
Premiums
362.82M
Net
Income
-98.68M
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
1,935
898
2,833
31.70%
22.82%
2022
1,832
1,645
3,477
47.31%
23.10%
2021
1,476
1,662
3,138
52.96%
22.81%
2020
1,763
1,945
3,708
52.45%
21.51%
2019
1,458
1,559
3,017
51.67%
22.66%
2018
746
863
1,609
53.64%
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
1,917
1,063
2,980
35.67%
47.27%
2022
1,608
1,641
3,249
50.51%
45.41%
2021
916
1,176
2,092
56.21%
44.40%
2020
2,234
2,794
5,028
55.57%
42.42%
2019
2,437
1,994
4,431
45.00%
44.33%
2018
994
693
1,687
41.08%
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
1,079
693
1,772
39.11%
38.64%
2022
1,538
1,440
2,978
48.35%
39.39%
2021
1,862
1,465
3,327
44.03%
40.41%
2020
1,568
2,198
3,766
58.36%
48.09%
2019
1,443
1,147
2,590
44.29%
43.30%
2018
1,279
1,118
2,397
46.64%
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
4,076
642
4,718
13.61%
36.96%
2022
2,984
591
3,575
16.53%
37.08%
2021
3,346
621
3,967
15.65%
39.17%
2020
1,129
678
1,807
37.52%
35.42%
2019
811
141
952
14.81%
35.34%
2018
60
10
70
14.29%
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
2023
1
13
14
92.86%
74.81%
2022
4
7
11
63.64%
73.22%
2021
30
13
43
30.23%
79.01%
2020
4
39
43
90.70%
80.13%
2019
6
21
27
77.78%
77.47%
2018
1
8
9
88.89%
77.10%
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
2023
40
59
99
59.60%
16.34%
2022
32
42
74
56.76%
11.13%
2021
83
17
100
17.00%
18.93%
2020
55
99
154
64.29%
20.93%
2019
32
63
95
66.32%
16.90%
2018
7
13
20
65.00%
11.94%
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
2023
0
0
0
0.00%
62.55%
2022
0
0
0
0.00%
56.52%
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
2023
1,316
682
1,998
34.13%
35.70%
2022
1,541
979
2,520
38.85%
37.14%
2021
1,890
733
2,623
27.95%
35.46%
2020
5,909
5,006
10,915
45.86%
33.86%
2019
1,857
684
2,541
26.92%
34.01%
2018
2,340
491
2,831
17.34%
32.34%