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Company Details
ECONOMY PREFERRED INSURANCE COMPANY License Status :
Active
NAIC Number :
38067
Phone Number:
401-827-2400
Company Address:
700 QUAKER LANE
WARWICK, RI 02886
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 |
---|---|---|---|---|---|---|---|
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 % |
2019 | Total Property & Casualty | 0.00% | $733,800 | $914,114 | $798,917 | $930,663 | N/A |
2019 | Total Homeowners | 0.00% | $22,050 | $27,182 | $0 | $-13,851 | -50.96 % |
2019 | Homeowners Multi-Peril | 0.00% | $22,050 | $27,182 | $0 | $-13,851 | -50.96 % |
2019 | Inland Marine (Incl Auto Cargo) | 0.00% | $-6 | $0 | $0 | $-1 | N/A |
2019 | Total Private Passenger Automobile | 0.01% | $711,756 | $886,932 | $798,917 | $944,515 | N/A |
2019 | Private Passenger Auto Liability Bodily Injury | 0.01% | $196,216 | $262,876 | $257,840 | $372,302 | N/A |
2019 | Private Passenger Auto Liability Property Damage | 0.01% | $155,495 | $194,973 | $191,238 | $276,135 | N/A |
2019 | Private Passenger Auto Medical Payments | 0.01% | $10,245 | $12,720 | $12,477 | $18,016 | N/A |
2019 | Private Passenger Uninsured Motorists | 0.01% | $39,090 | $49,588 | $48,638 | $70,229 | N/A |
2019 | Private Passenger Underinsured Motorists | 0.02% | $26,060 | $33,058 | $32,425 | $46,820 | N/A |
2019 | Private Passenger Auto Comprehensive | 0.01% | $99,402 | $114,483 | $87,924 | $55,236 | 48.25 % |
2019 | Private Passenger Auto Collision | 0.01% | $185,248 | $219,234 | $168,375 | $105,777 | 48.25 % |
Enforcements
The department has not taken enforcement action against this company in the past three years.
Complaint Index
Year | Line | Market Share | Number of Complaints | Complaint Index |
---|---|---|---|---|
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 |
2019 | Private Passenger Auto | 0.02% | 0 | 0 |
2019 | Homeowners | 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.