North Dakota Commercial Auto Insurance Profitability (2023)

In 2023, Commercial Auto insurers earned $112.5M in premiums in North Dakota and ran a 53.1% loss ratio — the 46th-highest of 51 states (one of the lowest loss ratio for the line).

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

North Dakota loss ratio

53.1%

21.3% below national

Premiums earned

$112.5M

Underwriting profit

16.2%

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

Getting Commercial Auto coverage in North Dakota

See recent North Dakota rate filings on the North Dakota 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.