Iowa Commercial Property Insurance Profitability (2023)

In 2023, Commercial Property insurers earned $265.1M in premiums in Iowa and ran a 53.0% loss ratio — the 15th-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.

Iowa loss ratio

53.0%

7.0% above national

Premiums earned

$265.1M

Underwriting profit

20.0%

Nationally, Commercial Property ran a 46.0% loss ratio in 2023, so Iowa is above the national average. See how every state compares on the Commercial Property market page.

Getting Commercial Property coverage in Iowa

See recent Iowa rate filings on the Iowa rate page, learn how Commercial Property works in our Commercial Property 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.