Connecticut Commercial Auto Insurance Profitability (2023)

In 2023, Commercial Auto insurers earned $490.5M in premiums in Connecticut and ran a 72.4% loss ratio — the 13th-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.

Connecticut loss ratio

72.4%

2.0% below national

Premiums earned

$490.5M

Underwriting profit

-7.4%

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

Getting Commercial Auto coverage in Connecticut

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

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