Illinois General Liability Insurance Profitability (2023)

In 2023, General Liability insurers earned $5.6B in premiums in Illinois and ran a 63.2% 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.

Illinois loss ratio

63.2%

3.0% above national

Premiums earned

$5.6B

Underwriting profit

-1.0%

Nationally, General Liability ran a 60.2% loss ratio in 2023, so Illinois is above the national average. See how every state compares on the General Liability market page.

Getting General Liability coverage in Illinois

See recent Illinois rate filings on the Illinois rate page, learn how General Liability works in our General Liability 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.