Minnesota General Liability Insurance Profitability (2023)

In 2023, General Liability insurers earned $1.8B in premiums in Minnesota and ran a 54.9% loss ratio — the 33rd-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.

Minnesota loss ratio

54.9%

5.3% below national

Premiums earned

$1.8B

Underwriting profit

9.0%

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

Getting General Liability coverage in Minnesota

See recent Minnesota rate filings on the Minnesota 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.