Maryland Commercial Property Insurance Profitability (2023)

In 2023, Commercial Property insurers earned $261.9M in premiums in Maryland and ran a 48.1% 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.

Maryland loss ratio

48.1%

2.1% above national

Premiums earned

$261.9M

Underwriting profit

25.1%

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

Getting Commercial Property coverage in Maryland

See recent Maryland rate filings on the Maryland 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.