CLEARCOVER INSURANCE COMPANY

Company Details

License Status:
Active
NAIC Number:
16524
Phone Number:
7737398117
Company Address:

33 WEST MONROE STREET SUITE 1350
CHICAGO, IL 60603

Description:
Property and Casualty
License Number:
B432064
Date Admitted:

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
2023 Total Property & Casualty 0.08% $13,110,369 $12,634,711 $8,987,818 $10,758,456 85.15%
2023 Total Private Passenger Automobile 0.24% $13,110,369 $12,634,711 $8,987,818 $10,758,456 85.15%
2023 Private Passenger Auto Liability Bodily Injury 0% $551 $119 $0 $0 0%
2023 Private Passenger Auto Liability Property Damage 0.7% $6,993,708 $6,827,824 $3,782,499 $5,424,056 79.44%
2023 Private Passenger Auto Comprehensive 0.54% $6,116,110 $5,806,768 $5,205,319 $5,334,400 91.87%
2022 Total Property & Casualty 0.07% $10,528,205 $9,534,440 $7,124,943 $8,964,710 94.02%
2022 Total Private Passenger Automobile 0.22% $10,528,205 $9,534,440 $7,124,943 $8,964,710 94.02%
2022 Private Passenger Auto Liability Bodily Injury 0% $365 $248 $0 $0 0%
2022 Private Passenger Auto Liability Property Damage 0.7% $5,979,564 $5,479,911 $2,874,042 $4,418,259 80.63%
2022 Private Passenger Auto Comprehensive 0.49% $4,548,276 $4,054,281 $4,250,901 $4,546,451 112.14%
2021 Total Property & Casualty 0.03% $3,920,917 $2,198,985 $1,002,400 $2,179,767 99.13%
2021 Total Private Passenger Automobile 0.09% $3,920,917 $2,198,985 $1,002,400 $2,179,767 99.13%
2021 Private Passenger Auto Liability Property Damage 0.3% $2,388,835 $1,358,743 $368,944 $1,438,231 105.85%
2021 Private Passenger Auto Comprehensive 0.18% $1,532,082 $840,242 $633,456 $741,536 88.25%

Complaint Index

Link to Consumer Complaint Index Page
Year Line Market Share Number of Complaints Complaint Index
2023 Private Passenger Auto 0.19% 4 122
2022 Private Passenger Auto 0.11% 1 62
2021 Private Passenger Auto 0.03% 0 0

Company Changes

Effective Date:
Comments:

Effective 9/22/2020 the above company was admitted as property and casualty insurer with B1 - Property (379.010.1(1), RSMo) and B2 - Liability (379.010.1(2), RSMo) authority.

Market Regulation Actions

This company does not have any market regulation actions.

Financial Exams

This company does not have any financial exams.