Illinois Commercial Auto Insurance Profitability (2023)

In 2023, Commercial Auto insurers earned $1.9B in premiums in Illinois and ran a 67.9% loss ratio — the 22nd-highest of 51 states (a mid-range loss ratio for the line).

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

Illinois loss ratio

67.9%

6.5% below national

Premiums earned

$1.9B

Underwriting profit

-2.0%

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

Getting Commercial Auto coverage in Illinois

See recent Illinois rate filings on the Illinois 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.