West Virginia Commercial Property Insurance Profitability (2023)

In 2023, Commercial Property insurers earned $83.2M in premiums in West Virginia and ran a 31.1% loss ratio — the 42nd-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.

West Virginia loss ratio

31.1%

14.9% below national

Premiums earned

$83.2M

Underwriting profit

43.1%

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

Getting Commercial Property coverage in West Virginia

See recent West Virginia rate filings on the West Virginia 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.