Rhode Island Commercial Property Insurance Profitability (2023)

In 2023, Commercial Property insurers earned $67.2M in premiums in Rhode Island and ran a 55.2% loss ratio — the 13th-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.

Rhode Island loss ratio

55.2%

9.2% above national

Premiums earned

$67.2M

Underwriting profit

15.1%

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

Getting Commercial Property coverage in Rhode Island

See recent Rhode Island rate filings on the Rhode Island 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.