Vermont Commercial Auto Insurance Profitability (2023) | GBC

Vermont Commercial Auto Insurance Profitability (2023)

In 2023, Commercial Auto insurers earned $61.4M in premiums in Vermont and ran a 42.3% loss ratio — the 49th-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.

Vermont loss ratio
42.3%
32.1% below national
Premiums earned
$61.4M
Underwriting profit
24.9%

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

Getting Commercial Auto coverage in Vermont

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

Compare Vermont 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.
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