District of Columbia Product Liability Insurance Profitability (2023)

In 2023, Product Liability insurers earned $9.3M in premiums in District of Columbia and ran a -3.1% loss ratio — the 50th-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.

District of Columbia loss ratio

-3.1%

52.4% below national

Premiums earned

$9.3M

Underwriting profit

73.2%

Nationally, Product Liability ran a 49.3% loss ratio in 2023, so District of Columbia is below the national average. See how every state compares on the Product Liability market page.

Getting Product Liability coverage in District of Columbia

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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.