AMSF (AMERISAFE) Policy Acquisition Expense: $0.0 Mil (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

AMSF AMERISAFE Inc AMSF
55 GF Score
Price $26.39
GF Value $39.67
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is AMERISAFE Policy Acquisition Expense?

AMERISAFE AMSF -4.45% 55 Policy Acquisition Expense is $0.0 Mil as of Jun. 2026. GuruFocus rates AMSF with a GF Score™ of 55/100 and a GF Value™ of $39.67 (Possible Value Trap). The stock has 2 warning signs investors should review.

Policy acquisition expense is the expenses incurred by insurance companies in activities such as marketing, advertising, commissions etc. AMERISAFE's policy acquisition expense for the three months ended in Jun. 2026 was $0.0 Mil. Its policy acquisition expense for the trailing twelve months (TTM) ended in Jun. 2026 was $0.0 Mil.


AMERISAFE Policy Acquisition Expense Historical Data

* Premium members only.

The historical data trend for AMERISAFE's Policy Acquisition Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

AMERISAFE Policy Acquisition Expense Chart

AMERISAFE Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Policy Acquisition Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

AMERISAFE Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Policy Acquisition Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00
AMSF
55GF Score
AMERISAFE Inc AMSF
Policy Acquisition Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AMERISAFE Policy Acquisition Expense Calculation

Expenses incurred by insurance companies in activities such as marketing, advertising, commissions etc.

Policy Acquisition Expense for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.0 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Policy Acquisition Expense of $0.0 Mil mean?
AMERISAFE (AMSF) has a Policy Acquisition Expense of $0.0 Mil as of Jun. 2026. Policy acquisition expenses are costs insurance companies incur through marketing and commissions. View historical data on AMERISAFE and its competitors.
Is AMERISAFE's Policy Acquisition Expense too high?
AMERISAFE's current Policy Acquisition Expense is $0.0 Mil. Overall, AMERISAFE has a GF Score™ of 55/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does AMERISAFE's Policy Acquisition Expense compare to ITIC and TIPT?
AMERISAFE's Policy Acquisition Expense of $0.0 Mil can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Policy Acquisition Expense for an Insurance company?
A good Policy Acquisition Expense depends on the Insurance industry context. However, Policy Acquisition Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Policy Acquisition Expense mean?
A high Policy Acquisition Expense can signal that a stock is expensive relative to its fundamentals. Policy acquisition expenses are costs insurance companies incur through marketing and commissions. View historical data on AMERISAFE and its competitors. AMERISAFE's current Policy Acquisition Expense is $0.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AMERISAFE stock overvalued right now?
Based on GuruFocus' analysis, AMERISAFE (AMSF) is currently considered Possible Value Trap. The stock's GF Value™ is $39.67, compared to a current price of $26.39 — trading 33.5% below its estimated fair value. The current Policy Acquisition Expense is $0.0 Mil. AMERISAFE's overall GF Score™ is 55/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Policy Acquisition Expense calculated?
Policy Acquisition Expense is calculated from a company's financial statements. For AMERISAFE (AMSF), the current Policy Acquisition Expense is $0.0 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is AMERISAFE (AMSF) Overvalued in 2026?

Based on GuruFocus' analysis, AMERISAFE stock appears to be undervalued. The current stock price of $26.39 is trading 33.5% below its estimated GF Value™ of $39.67. GuruFocus considers AMERISAFE to be Possible Value Trap.

Key valuation signals for AMSF:

  • Policy Acquisition Expense: $0.0 Mil
  • GF Value™: $39.67 vs. price of $26.39 (33.5% below fair value)
  • GF Score™: 55/100 with 2 warning signs

No single metric tells the full story. See the AMSF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AMERISAFE Business Description

Other Exchanges A3I:Germany
Address 2301 Highway 190 West, DeRidder, LA, USA, 70634
AMERISAFE Inc is a specialty provider of workers' compensation insurance focused on small to mid-sized employers engaged in hazardous industries, principally construction, trucking, logging and lumber, agriculture, manufacturing, maritime, and telecommunications. The company generates a majority of its revenue in the form of premiums. The Company operates as a single reportable segment, Insurance Operations.
55GF Score

Get the complete analysis for AMSF

Policy Acquisition Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$26.39
Price
$39.67
GF Value