Private Passenger Automobile Insurance, 2011-2020

 

  Liability Collision/comprehensive
Year Net premiums written (1) Annual percent change Combined ratio (2) Annual point change (3) Net premiums written (1) Annual percent change Combined ratio (2) Annual point change (3)
2011 $100,369,441 2.8% 103.8 -2.1 pts. $62,948,280 0.6% 99.6 0.4 pts.
2012 103,429,677 3.0 103.2 -0.6 64,619,667 2.7 100.2 6.3
2013 107,446,382 3.9 103.6 0.4 67,452,663 4.4 98.7 0.6
2014 112,354,903 4.6 103.8 0.2 71,096,640 5.4 100.2 -1.5
2015 116,305,809 3.5 107.9 4.2 76,486,433 7.6 99.4 1.5
2016 124,439,721 7.0 109.4 1.5 82,931,826 8.4 101.5 -0.8
2017 133,745,174 7.5 105.5 -3.9 88,489,745 6.7 98.3 2.1
2018 144,450,175 8.0 100.5 -5.0 96,475,072 9.0 93.7 -3.2
2019 147,302,499 2.0 101.6 1.1 100,443,264 4.1 94.6 -4.6
2020 144,110,581 -2.2 94.8 -6.7 99,606,206 -0.8 89.2 0.9
(1) After reinsurance transactions, excludes state funds. (2) After dividends to policyholders. A drop in the combined ratio represents an improvement; an increase represents a deterioration. (3) Calculated from unrounded numbers. Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute.