Change in red denotes worsening, while change in green denotes improvement of direct incurred loss ratio on an YoY basis.
No. | Carrier | Q3:24 | Direct incurred loss ratio (%) | YoY change | |||||
---|---|---|---|---|---|---|---|---|---|
DPW ($mn) | Share | Q3:23 | Q4:23 | Q1:24 | Q2:24 | Q3:24 | Q3:24 | ||
1 | State Farm | $17,644 | 19.1% | 83.9% | 82.1% | 77.6% | 78.9% | 70.1% | (13.8)pts |
2 | Progressive | $15,690 | 17.0% | 67.1% | 63.4% | 58.4% | 60.9% | 59.7% | (7.5)pts |
3 | Geico | $10,866 | 11.8% | 73.1% | 69.7% | 66.5% | 67.9% | 64.8% | (8.3)pts |
4 | Allstate | $9,185 | 10.0% | 74.3% | 70.9% | 67.1% | 67.4% | 64.3% | (10.0)pts |
5 | USAA | $5,842 | 6.3% | 74.8% | 72.7% | 66.8% | 66.8% | 64.2% | (10.6)pts |
6 | Farmers Ins. | $3,342 | 3.6% | 66.0% | 63.3% | 55.2% | 60.3% | 57.4% | (8.5)pts |
7 | Liberty Mutual | $3,014 | 3.3% | 73.2% | 68.5% | 65.0% | 63.8% | 60.6% | (12.6)pts |
8 | Travelers | $1,928 | 2.1% | 69.0% | 67.6% | 62.2% | 63.4% | 60.9% | (8.1)pts |
9 | Amercian Family | $1,864 | 2.0% | 78.1% | 70.0% | 64.1% | 67.1% | 59.9% | (18.3)pts |
10 | Auto Club Exch. | $1,698 | 1.8% | 77.0% | 82.2% | 77.0% | 74.5% | 72.3% | (4.7)pts |
Total personal auto | $92,198 | - | 74.3% | 72.2% | 66.3% | 68.1% | 64.5% | (9.8)pts |