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Company Details

  ECONOMY PREFERRED INSURANCE COMPANY License Status :
Active

NAIC Number :

38067


Phone Number:

8188767924


Company Address:

6301 Owensmouth Ave 
Woodland Hills, CA  91367

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 Written Direct Premium Earned Direct Losses Paid Direct Losses Incurred Loss Ratio
2022 Total Property & Casualty 0.03% $10,478,536 $6,849,856 $2,816,073 $4,564,582 66.64 %
2022 Total Homeowners 0.14% $10,206,958 $6,680,186 $2,807,487 $4,604,474 68.93 %
2022 Homeowners Multi-Peril 0.15% $10,206,958 $6,680,186 $2,807,487 $4,604,474 68.93 %
2022 Inland Marine (Incl Auto Cargo) 0.01% $83,516 $54,386 $3,200 $4,392 8.08 %
2022 Earthquake 0.05% $188,062 $114,702 $0 $-97 -0.08 %
2022 Total Private Passenger Automobile 0.00% $0 $582 $5,386 $-44,187 -7,592.27 %
2022 Private Passenger Auto Liability Bodily Injury 0.00% $0 $291 $0 $-11,800 -4,054.98 %
2022 Private Passenger Auto Liability Property Damage 0.00% $0 $291 $4,883 $-364 -125.09 %
2022 Private Passenger Auto Medical Payments 0.00% $0 $0 $0 $30 N/A
2022 Private Passenger Uninsured Motorists 0.00% $0 $0 $0 $-36,743 N/A
2022 Private Passenger Auto Comprehensive 0.00% $0 $0 $0 $1,984 N/A
2022 Private Passenger Auto Collision 0.00% $0 $0 $503 $2,706 N/A
2021 Total Property & Casualty 0.00% $1,448,470 $243,670 $139,479 $64,719 26.56 %
2021 Total Homeowners 0.02% $1,394,637 $155,095 $7,744 $35,437 22.85 %
2021 Homeowners Multi-Peril 0.02% $1,394,637 $155,095 $7,744 $35,437 22.85 %
2021 Inland Marine (Incl Auto Cargo) 0.00% $7,525 $971 $0 $51 5.25 %
2021 Earthquake 0.01% $17,488 $1,729 $0 $97 5.61 %
2021 Total Private Passenger Automobile 0.00% $28,820 $85,875 $131,735 $29,134 33.93 %
2021 Private Passenger Auto Liability Bodily Injury 0.00% $7,636 $20,504 $33,565 $-15,373 -74.98 %
2021 Private Passenger Auto Liability Property Damage 0.00% $6,139 $16,455 $26,937 $-12,336 -74.97 %
2021 Private Passenger Auto Medical Payments 0.00% $612 $1,397 $2,287 $-1,046 -74.87 %
2021 Private Passenger Uninsured Motorists 0.00% $1,943 $5,012 $8,204 $-3,757 -74.96 %
2021 Private Passenger Underinsured Motorists 0.00% $1,296 $3,341 $5,469 $-2,505 -74.98 %
2021 Private Passenger Auto Comprehensive 0.00% $4,323 $14,638 $20,658 $23,976 N/A
2021 Private Passenger Auto Collision 0.00% $6,871 $24,528 $34,615 $40,175 N/A
2020 Total Property & Casualty 0.00% $271,751 $347,628 $341,159 $28,333 8.15 %
2020 Total Homeowners 0.00% $3,307 $12,813 $0 $-509 -3.97 %
2020 Homeowners Multi-Peril 0.00% $3,307 $12,813 $0 $-509 -3.97 %
2020 Total Private Passenger Automobile 0.00% $268,444 $334,815 $341,159 $28,842 8.61 %
2020 Private Passenger Auto Liability Bodily Injury 0.00% $64,581 $84,075 $119,918 $-30,071 -35.77 %
2020 Private Passenger Auto Liability Property Damage 0.00% $51,992 $68,095 $97,127 $-24,355 -35.77 %
2020 Private Passenger Auto Medical Payments 0.00% $3,920 $5,024 $7,165 $-1,796 -35.75 %
2020 Private Passenger Uninsured Motorists 0.00% $15,203 $18,863 $26,905 $-6,745 -35.76 %
2020 Private Passenger Underinsured Motorists 0.01% $10,135 $12,576 $17,938 $-4,498 -35.77 %
2020 Private Passenger Auto Comprehensive 0.00% $44,835 $52,555 $25,923 $34,624 65.88 %
2020 Private Passenger Auto Collision 0.00% $77,778 $93,627 $46,183 $61,683 65.88 %

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
2022 Private Passenger Auto 0.00% 1 2998
2022 Homeowners 0.13% 0 0
2021 Private Passenger Auto 0.01% 1 851
2021 Homeowners 0.02% 0 0
2020 Private Passenger Auto 0.02% 0 0
2020 Homeowners 0.00% 0 0


Company Changes

No recent changes


Market Conduct

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


Financial Exams

This company does not have any financial exams.