Oregon Product Liability Insurance Profitability (2023) | GBC

Oregon Product Liability Insurance Profitability (2023)

In 2023, Product Liability insurers earned $73.1M in premiums in Oregon and ran a 30.1% loss ratio — the 38th-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.

Oregon loss ratio
30.1%
19.2% below national
Premiums earned
$73.1M
Underwriting profit
27.1%

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

Getting Product Liability coverage in Oregon

See recent Oregon rate filings on the Oregon 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.
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