Utah Commercial Auto Insurance Profitability (2023)

In 2023, Commercial Auto insurers earned $412.7M in premiums in Utah and ran a 69.8% loss ratio — the 17th-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.

Utah loss ratio

69.8%

4.6% below national

Premiums earned

$412.7M

Underwriting profit

-3.5%

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

Getting Commercial Auto coverage in Utah

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

Compare Utah 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.