Safety Insurance (SAFT) Tax Rate (2010 - 2026)

Safety Insurance has reported Tax Rate for 17 years, with the latest figure at 19.8% in Q1 2026.

• For the quarter ending Q1 2026, Tax Rate fell 263.0% year-over-year to 19.8%; the trailing twelve-month figure through Mar 2026 stood at 24.18% (up 262.0% YoY), and the FY2025 full-year result was 23.18%, up 189.0% from the prior year.
• Tax Rate for Q1 2026 stood at 19.8%, down from 28.47% in the prior quarter.
• The five-year high for Tax Rate was 48.88% in Q4 2022, with the low at 19.4% in Q1 2023.
• Historically, Tax Rate has averaged 23.16% across 5 years, with a median of 21.42% in 2025.
• Annual changes were most pronounced in 2022 — Tax Rate soared 4148 bps — and 2023, when it plunged 2657 bps.
• Safety Insurance's Tax Rate stood at 48.88% in 2022, then sank by 54 bps to 22.31% in 2023, then declined by 12 bps to 19.65% in 2024, then soared by 45 bps to 28.47% in 2025, then slumped by 30 bps to 19.8% in 2026.
• The last three Tax Rate figures came in at 19.8% (Q1 2026), 28.47% (Q4 2025), and 21.82% (Q3 2025), per Business Quant data.