A
Farmers Ins Co of WA
Rating Date
April 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
3.70
Risk Adjusted
Capital Ratio #2
2.60
Loss
Ratio
62.47%
Total
Assets
701.02M
Capital
266.47M
Net
Premiums
376.56M
Net
Income
43.77M
My Lists My Alerts
Auto Physical Damage
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2024
7,086
2,197
9,283
23.67%
22.80%
2023
25,481
5,396
30,877
17.48%
22.83%
2022
27,772
2,019
29,791
6.78%
23.10%
2021
25,447
1,691
27,138
6.23%
22.81%
2020
20,651
793
21,444
3.70%
21.51%
2019
26,136
1,006
27,142
3.71%
22.66%
Commercial Auto Liability
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2024
35
21
56
37.50%
47.78%
2023
365
178
543
32.78%
47.29%
2022
332
137
469
29.21%
45.44%
2021
313
125
438
28.54%
44.40%
2020
258
54
312
17.31%
42.45%
2019
267
37
304
12.17%
44.33%
Commercial Multiple Peril
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2024
0
0
0
0.00%
41.49%
2023
297
217
514
42.22%
38.64%
2022
285
151
436
34.63%
39.39%
2021
366
192
558
34.41%
40.41%
2020
350
209
559
37.39%
48.09%
2019
379
277
656
42.23%
43.30%
Homeowners & Farmowners
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2024
2,514
1,758
4,272
41.15%
39.63%
2023
4,997
4,943
9,940
49.73%
36.96%
2022
4,725
3,866
8,591
45.00%
37.07%
2021
4,643
4,922
9,565
51.46%
39.17%
2020
3,907
3,937
7,844
50.19%
35.42%
2019
3,565
4,304
7,869
54.70%
35.34%
Other Liability: Claims Made
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2024
0
0
0
0.00%
81.20%
2023
1
3
4
75.00%
74.87%
2022
1
3
4
75.00%
72.69%
2021
0
2
2
100.00%
79.01%
Other Liability: Occurrence
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2024
0
0
0
0.00%
12.77%
2023
2
4
6
66.67%
16.34%
2022
11
34
45
75.56%
11.13%
2021
10
36
46
78.26%
18.93%
2020
11
39
50
78.00%
20.93%
2019
12
45
57
78.95%
16.90%
Private Passenger Auto Liability
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2024
2,814
1,880
4,694
40.05%
45.00%
2023
6,572
3,200
9,772
32.75%
44.64%
2022
7,068
2,216
9,284
23.87%
46.15%
2021
7,041
1,903
8,944
21.28%
46.87%
2020
6,136
1,482
7,618
19.45%
43.90%
2019
9,066
1,595
10,661
14.96%
42.09%
Product Liability: Occurrence
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2023
0
0
0
0.00%
62.55%
2022
0
0
0
0.00%
56.52%
2021
0
0
0
0.00%
62.74%
2020
0
0
0
0.00%
61.51%
2019
0
0
0
0.00%
70.02%
Workers' Compensation
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2024
0
0
0
0.00%
35.29%
2023
41
13
54
24.07%
35.67%
2022
48
16
64
25.00%
37.14%
2021
50
14
64
21.88%
35.46%
2020
45
11
56
19.64%
33.86%
2019
59
14
73
19.18%
34.01%