Idaho Product Liability Insurance Profitability (2023)
In 2023, Product Liability insurers earned $24.1M in premiums in Idaho and ran a 49.3% loss ratio — the 25th-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
49.3%
≈ national average
Premiums earned
$24.1M
Underwriting profit
-9.9%
Nationally, Product Liability ran a 49.3% loss ratio in 2023, so Idaho is in line with the national average. See how every state compares on the Product Liability market page.
Getting Product Liability coverage in Idaho
See recent Idaho rate filings on the Idaho rate page, 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.