Vermont Workers' Compensation Insurance Profitability (2023) | GBC

Vermont Workers' Compensation Insurance Profitability (2023)

In 2023, Workers' Compensation insurers earned $185.1M in premiums in Vermont and ran a 54.0% loss ratio — the 9th-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.

Vermont loss ratio
54.0%
8.9% above national
Premiums earned
$185.1M
Underwriting profit
9.5%

Nationally, Workers' Compensation ran a 45.1% loss ratio in 2023, so Vermont is above the national average. See how every state compares on the Workers' Compensation market page.

Getting Workers' Compensation coverage in Vermont

See recent Vermont rate filings on the Vermont rate page, learn how Workers' Compensation works in our Workers' Compensation guide, then compare real quotes for your business.

Compare Vermont Workers' Compensation Quotes →
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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