ECONOMY PREFERRED INSURANCE COMPANY

Company Details

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:

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 0.06% $9,487,426 $9,901,840 $6,473,304 $6,928,312 69.97%
2023 Total Homeowners 0.31% $9,276,268 $9,661,983 $6,451,804 $6,934,000 71.77%
2023 Homeowners Multi-Peril 0.32% $9,276,268 $9,661,983 $6,451,804 $6,934,000 71.77%
2023 Inland Marine (Incl Auto Cargo) 0.01% $62,604 $73,892 $8,000 $9,628 13.03%
2023 Earthquake 0.1% $148,554 $165,965 $0 $0 0%
2023 Total Private Passenger Automobile 0% $0 $0 $13,500 $-15,316 0%
2023 Private Passenger Auto Liability Bodily Injury 0% $0 $0 $13,500 $-4,173 0%
2023 Private Passenger Auto Liability Property Damage 0% $0 $0 $0 $-207 0%
2023 Private Passenger Auto Medical Payments 0% $0 $0 $0 $-11 0%
2023 Private Passenger Uninsured Motorists 0% $0 $0 $0 $-9,343 0%
2023 Private Passenger Auto Comprehensive 0% $0 $0 $0 $-1,638 0%
2023 Private Passenger Auto Collision 0% $0 $0 $0 $56 0%
2022 Total Property & Casualty 0.07% $10,478,536 $6,849,856 $2,816,073 $4,564,582 66.64%
2022 Total Homeowners 0.38% $10,206,958 $6,680,186 $2,807,487 $4,604,474 68.93%
2022 Homeowners Multi-Peril 0.39% $10,206,958 $6,680,186 $2,807,487 $4,604,474 68.93%
2022 Inland Marine (Incl Auto Cargo) 0.02% $83,516 $54,386 $3,200 $4,392 8.08%
2022 Earthquake 0.14% $188,062 $114,702 $0 $-97 -0.08%
2022 Total Private Passenger Automobile 0% $0 $582 $5,386 $-44,187 -7,592.27%
2022 Private Passenger Auto Liability Bodily Injury 0% $0 $291 $0 $-11,800 -4,054.98%
2022 Private Passenger Auto Liability Property Damage 0% $0 $291 $4,883 $-364 -125.09%
2022 Private Passenger Auto Medical Payments 0% $0 $0 $0 $30 0%
2022 Private Passenger Uninsured Motorists 0% $0 $0 $0 $-36,743 0%
2022 Private Passenger Auto Comprehensive 0% $0 $0 $0 $1,984 0%
2022 Private Passenger Auto Collision 0% $0 $0 $503 $2,706 0%
2021 Total Property & Casualty 0.01% $1,448,470 $243,670 $139,479 $64,719 26.56%
2021 Total Homeowners 0.06% $1,394,637 $155,095 $7,744 $35,437 22.85%
2021 Homeowners Multi-Peril 0.06% $1,394,637 $155,095 $7,744 $35,437 22.85%
2021 Inland Marine (Incl Auto Cargo) 0% $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% $28,820 $85,875 $131,735 $29,134 33.93%
2021 Private Passenger Auto Liability Bodily Injury 0% $7,636 $20,504 $33,565 $-15,373 -74.98%
2021 Private Passenger Auto Liability Property Damage 0% $6,139 $16,455 $26,937 $-12,336 -74.97%
2021 Private Passenger Auto Medical Payments 0% $612 $1,397 $2,287 $-1,046 -74.87%
2021 Private Passenger Uninsured Motorists 0% $1,943 $5,012 $8,204 $-3,757 -74.96%
2021 Private Passenger Underinsured Motorists 0% $1,296 $3,341 $5,469 $-2,505 -74.98%
2021 Private Passenger Auto Comprehensive 0% $4,323 $14,638 $20,658 $23,976 163.79%
2021 Private Passenger Auto Collision 0% $6,871 $24,528 $34,615 $40,175 163.79%

Complaint Index

Link to Consumer Complaint Index Page
Year Line Market Share Number of Complaints Complaint Index
2023 Private Passenger Auto 0% 1 9999
2023 Homeowners 0.22% 0 0
2022 Private Passenger Auto 0% 1 2998
2022 Homeowners 0.13% 0 0
2021 Private Passenger Auto 0.01% 1 851
2021 Homeowners 0.02% 0 0

Company Changes

This company does not have any company changes.

Market Regulation Actions

This company does not have any market regulation actions.

Financial Exams

This company does not have any financial exams.