Indiana Product Liability Insurance Profitability (2023)
In 2023, Product Liability insurers earned $123.3M in premiums in Indiana and ran a 65.2% loss ratio — the 15th-highest of 51 states (one of the highest loss ratio for the line).
Source: NAIC 2023 Report on Profitability by Line by State. Loss ratio = incurred losses ÷ premiums earned.
Indiana loss ratio
65.2%
15.9% above national
Premiums earned
$123.3M
Underwriting profit
-23.3%
Nationally, Product Liability ran a 49.3% loss ratio in 2023, so Indiana is above the national average. See how every state compares on the Product Liability market page.
Getting Product Liability coverage in Indiana
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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.