Washington Commercial Property Insurance Profitability (2023)

In 2023, Commercial Property insurers earned $430.8M in premiums in Washington and ran a 51.8% loss ratio — the 16th-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.

Washington loss ratio

51.8%

5.8% above national

Premiums earned

$430.8M

Underwriting profit

21.3%

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

Getting Commercial Property coverage in Washington

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

Compare Washington Commercial Property Quotes →

Data: NAIC 2023 Report on Profitability by Line by State (public). See our data methodology. Figures are industry aggregates, not a quote.