Alaska Commercial Auto Insurance Profitability (2023) | GBC

Alaska Commercial Auto Insurance Profitability (2023)

In 2023, Commercial Auto insurers earned $77.3M in premiums in Alaska and ran a 76.9% loss ratio — the 10th-highest of 51 states (one of the highest loss ratio for the line).

Source: NAIC 2023 Report on Profitability by Line by State. Loss ratio = incurred losses ÷ premiums earned.

Alaska loss ratio
76.9%
2.5% above national
Premiums earned
$77.3M
Underwriting profit
-11.7%

Nationally, Commercial Auto ran a 74.4% loss ratio in 2023, so Alaska is above the national average. See how every state compares on the Commercial Auto market page.

Getting Commercial Auto coverage in Alaska

See recent Alaska rate filings on the Alaska rate page, learn how Commercial Auto works in our Commercial Auto guide, then compare real quotes for your business.

Compare Alaska Commercial Auto Quotes →
Data: NAIC 2023 Report on Profitability by Line by State (public). See our data methodology. Figures are industry aggregates, not a quote.
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