What amount of money do car insurance carriers pay out every year?

I'm curious about the average amount insurance carriers pay out each year. Is there a place to find that information?

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Emily Maracle
Answered on Apr 20, 2021
Emily Maracle is a car insurance specialist living in New York. Originally from the Pacific Northwest, she has a degree in English Literature and a background in customer service. She enjoys cooking, gardening, and living sustainably. In the future, she can't wait to upgrade to a hybrid or electric car.
“If you’re looking for more information with regard to insurance companies’ financial or business records, the best place to look is the National Association of Insurance Commissioners website. Insurance companies are required to submit a variety of information to this agency and it is available to view online.
You can also visit the sites of various carriers like USAA, Metlife, or Liberty Mutual to find additional information that they are required to disclose to consumers. “
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