July 8, 2025
ÐÓ°ÉÊÓƵ Releases ‘2023 Auto Insurance Database Average Premium Supplement’
The ÐÓ°ÉÊÓƵ (ÐÓ°ÉÊÓƵ) today released the Auto Insurance Database Average Premium Supplement for 2023. The supplement provides written premium and exposure data for calendar years 2019–2023.
The ÐÓ°ÉÊÓƵ created the supplement to release the written premium and exposure data quicker than the release of the full Auto Insurance Database Report timeline allows. The tables in the 2023 Auto Insurance Database Average Premium Supplement will also be included in the full Auto Insurance Database Report 2022–2023, which will be released later this year.
The insurance data was obtained from the following statistical agents: the American Association of Insurance Services (AAIS); the Insurance Services Office (ISO); the National Independent Statistical Service (NISS); the Independent Statistical Service (ISS); the Massachusetts Commonwealth Automobile Reinsurers (CAR); and the Maryland Auto Insurance Fund (MAIF). Data were also obtained from the California Department of Insurance and the Texas Department of Insurance. The ÐÓ°ÉÊÓƵ is appreciative of the assistance of these organizations in developing this report. There may be some data from other small statistical agencies that are not included.
Key highlights from the 2023 Auto Insurance Database Average Premium Supplement include:
• Combined average premiums increased by 14.41% in 2023.
• In 2023, average expenditures increased to $1,281.60, a 19.21% increase since 2019.
• Comprehensive average premiums increased by 21.31% in 2023, although comprehensive written exposures only increased 0.38%.
The complete supplement is available on the ÐÓ°ÉÊÓƵ website.
About the ÐÓ°ÉÊÓƵ
As part of our state-based system of insurance regulation in the United States, the ÐÓ°ÉÊÓƵ (ÐÓ°ÉÊÓƵ) provides expertise, data, and analysis for insurance commissioners to effectively regulate the industry and protect consumers. The U.S. standard-setting organization is governed by the chief insurance regulators from the 50 states, the District of Columbia and five U.S. territories. Through the ÐÓ°ÉÊÓƵ, state insurance regulators establish standards and best practices, conduct peer reviews, and coordinate regulatory oversight. ÐÓ°ÉÊÓƵ staff supports these efforts and represents the collective views of state regulators domestically and internationally.