Pennsylvania Product Liability Insurance Profitability (2023)

In 2023, Product Liability insurers earned $159.5M in premiums in Pennsylvania and ran a 147.2% loss ratio — the 1st-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.

Pennsylvania loss ratio

147.2%

97.9% above national

Premiums earned

$159.5M

Underwriting profit

-98.7%

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

Getting Product Liability coverage in Pennsylvania

See recent Pennsylvania rate filings on the Pennsylvania rate page, then compare real quotes for your business.

Compare Pennsylvania Product Liability Quotes →

Data: NAIC 2023 Report on Profitability by Line by State (public). See our data methodology. Figures are industry aggregates, not a quote.