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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.

Link to Enforcements Page


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.