Idaho Inland Marine Insurance Profitability (2023)

In 2023, Inland Marine insurers earned $184.8M in premiums in Idaho and ran a 40.5% 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.

Idaho loss ratio

40.5%

4.5% below national

Premiums earned

$184.8M

Underwriting profit

26.7%

Nationally, Inland Marine ran a 45.0% loss ratio in 2023, so Idaho is below the national average. See how every state compares on the Inland Marine market page.

Getting Inland Marine coverage in Idaho

See recent Idaho rate filings on the Idaho rate page, learn how Inland Marine works in our Inland Marine 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.