Texas Product Liability Insurance Profitability (2023)
In 2023, Product Liability insurers earned $450.0M in premiums in Texas and ran a 47.0% loss ratio — the 27th-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.
Texas loss ratio
47.0%
2.3% below national
Premiums earned
$450.0M
Underwriting profit
7.3%
Nationally, Product Liability ran a 49.3% loss ratio in 2023, so Texas is below the national average. See how every state compares on the Product Liability market page.
Getting Product Liability coverage in Texas
See recent Texas rate filings on the Texas rate page, then compare real quotes for your business.
Compare Texas 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.