Consumer spending on insurance
Personal consumption expenditures on life insurance, household insurance, health insurance and motor vehicle insurance, each net of claims paid, by the households and nonprofit institutions serving households resident in the place, in millions of current US dollars. Bureau of Economic Analysis, PCE by state by type of product (table SAPCE3, line 90, Insurance); the national figure equals the national accounts (NIPA table 2.4.5).
Measured net: premiums less the claims paid back to households, so it is far below the premiums people pay. Millions of current US dollars: not adjusted for inflation or for price differences between states (see regional_price_parity). Spending is assigned to the state where the buyer lives, wherever the purchase is made. It includes purchases paid on behalf of households by employers, insurers and government programs, and the spending of nonprofit institutions serving households. Not the same as retail sales, which count store sales where the store is, and not the PCE price index. BEA revises the latest years every September.
Key facts
- Consumer spending on insurance in the United States was $542.26 billion in 2025, according to the U.S. Bureau of Economic Analysis.
- California had the highest consumer spending on insurance of 51 states in 2025, at $63.21 billion, and Wyoming the lowest, at $676.7 million. Source: the U.S. Bureau of Economic Analysis.
- Published for 52 places, with figures from 1997 to 2025.
Rankings
US states by consumer spending on insurance, 2025
Places with data
Countries
Regions and states
- California
- Texas
- Florida
- New York
- Pennsylvania
- Illinois
- Ohio
- Georgia
- North Carolina
- Michigan
- Vermont
- Virginia
- Nevada
- Washington
- New Hampshire
- West Virginia
Use this data in your AI agent
Invokely serves this figure to AI assistants through MCP and to code through a REST API, with the source and citation attached. Ask your assistant:
Which places have the highest consumer spending on insurance? Use official data and cite it.
rank_places {"indicator":"consumer_spending_usd_insurance","level":"region","within":"United States"}
GET https://invokely.ai/api/v1/rank?indicator=consumer_spending_usd_insurance&level=region&within=United%20States