Maine Commercial Property Insurance Profitability (2023)

In 2023, Commercial Property insurers earned $78.7M in premiums in Maine and ran a 29.5% loss ratio — the 45th-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.

Maine loss ratio

29.5%

16.5% below national

Premiums earned

$78.7M

Underwriting profit

42.6%

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

Getting Commercial Property coverage in Maine

See recent Maine rate filings on the Maine 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.