California Commercial Auto Insurance Profitability (2023)

In 2023, Commercial Auto insurers earned $5.8B in premiums in California and ran a 99.1% loss ratio — the 1st-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.

California loss ratio

99.1%

24.7% above national

Premiums earned

$5.8B

Underwriting profit

-39.5%

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

Getting Commercial Auto coverage in California

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

Compare California 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.