Company Details

  ECONOMY PREFERRED INSURANCE COMPANY License Status :
Active

NAIC Number :

38067


Phone Number:

800-638-4208


Company Address:

PO BOX 350, 700 QUAKER LANE 
WARWICK, RI  02887-0350

Description:

Property and Casualty


License Number:

B419931


Date Admitted:

1982-11-18


Market Share

Link to Supplemental Data Page

Year Line Market Share Direct Premium Earned Direct Premium Written Direct Losses Paid Direct Losses Incurred Loss Ratio
2018 Total Property & Casualty 0.00% $1,066,112 $940,903 $690,781 $898,974 95.54 %
2018 Total Homeowners 0.00% $31,046 $36,105 $0 $14,467 40.07 %
2018 Homeowners Multi-Peril 0.00% $31,046 $36,105 $0 $14,467 40.07 %
2018 Inland Marine (Incl Auto Cargo) 0.00% $-49 $39 $0 $1 2.56 %
2018 Total Private Passenger Automobile 0.01% $1,035,115 $904,759 $690,781 $884,506 97.76 %
2018 Private Passenger Auto Liability Bodily Injury 0.01% $342,236 $302,399 $187,369 $264,423 87.44 %
2018 Private Passenger Auto Liability Property Damage 0.01% $221,796 $194,430 $120,471 $170,013 87.44 %
2018 Private Passenger Auto Medical Payments 0.00% $14,469 $12,267 $7,601 $10,728 87.45 %
2018 Private Passenger Uninsured Motorists 0.01% $61,547 $54,482 $33,757 $47,640 87.44 %
2018 Private Passenger Underinsured Motorists 0.01% $41,031 $36,321 $22,505 $31,760 87.44 %
2018 Private Passenger Auto Comprehensive 0.00% $120,994 $106,923 $111,909 $126,241 N/A
2018 Private Passenger Auto Collision 0.01% $233,042 $197,937 $207,169 $233,701 N/A
2017 Total Property & Casualty 0.00% $425,728 $248,807 $104,362 $285,903 N/A
2017 Total Homeowners 0.00% $31,077 $7,305 $2,526 $2,951 40.40 %
2017 Homeowners Multi-Peril 0.00% $31,077 $7,305 $2,526 $2,951 40.40 %
2017 Inland Marine (Incl Auto Cargo) 0.00% $101 $7 $0 $0 0.00 %
2017 Total Private Passenger Automobile 0.01% $394,550 $241,495 $101,836 $282,952 N/A
2017 Private Passenger Auto Liability Bodily Injury 0.01% $140,856 $85,970 $28,186 $113,351 N/A
2017 Private Passenger Auto Liability Property Damage 0.01% $91,175 $55,360 $18,150 $72,993 N/A
2017 Private Passenger Auto Medical Payments 0.00% $4,806 $2,825 $926 $3,725 N/A
2017 Private Passenger Uninsured Motorists 0.01% $24,307 $15,014 $4,922 $19,796 N/A
2017 Private Passenger Underinsured Motorists 0.01% $16,205 $10,010 $3,282 $13,198 N/A
2017 Private Passenger Auto Comprehensive 0.00% $41,423 $24,678 $15,824 $20,437 82.81 %
2017 Private Passenger Auto Collision 0.00% $75,778 $47,638 $30,546 $39,452 82.82 %
2016 Total Property & Casualty 0.00% $53,433 $39,172 $16,045 $45,812 N/A
2016 Total Private Passenger Automobile 0.00% $53,433 $39,172 $16,045 $45,812 N/A
2016 Private Passenger Auto Liability Bodily Injury 0.00% $15,585 $11,344 $7,110 $19,332 N/A
2016 Private Passenger Auto Liability Property Damage 0.00% $9,808 $7,054 $4,421 $12,022 N/A
2016 Private Passenger Auto Medical Payments 0.00% $662 $525 $329 $894 N/A
2016 Private Passenger Uninsured Motorists 0.00% $2,886 $2,124 $1,331 $3,621 N/A
2016 Private Passenger Underinsured Motorists 0.00% $1,924 $1,415 $887 $2,414 N/A
2016 Private Passenger Auto Comprehensive 0.00% $7,499 $5,562 $655 $2,506 45.06 %
2016 Private Passenger Auto Collision 0.00% $15,069 $11,148 $1,312 $5,023 45.06 %

Enforcements

The department has not taken enforcement action against this company in the past three years.

Link to Enforcements Page


Complaint Index

Year Line Market Share Number of Complaints Complaint Index
2018 Private Passenger Auto 0.01% 0 0
2018 Homeowners 0.00% 0 0
2017 Private Passenger Auto 0.00% 0 0
2017 Homeowners 0.00% 0 0
2016 Private Passenger Auto 0.00% 0 0


Company Changes


Market Conduct

This company does not have any market conduct exams or investigations.


Financial Exams

This company does not have any financial exams.