"Ivans Index" August 2025: Commercial Renewal Rates Mostly Rise

Most major commercial insurance lines experienced year-over-year premium renewal rate increases in August 2025, while month-over-month rate movements varied, according to the latest Ivans Index, a data-driven report compiled by the Ivans insurance exchange service.

Compared to August 2024, average premium renewal rates rose for commercial auto, business owners policy (BOP), general liability, commercial property, and umbrella. Workers compensation was the only line to see a decrease in average premium renewal rate year over year.

Month over month, renewal rate trends were more mixed. BOP, general liability, umbrella, and workers compensation saw increases in their average premium renewal rates from July to August 2025, while commercial auto and commercial property experienced slight declines.

Premium renewal rate changes by line of business during August 2025 include the following.

• Commercial auto. The premium renewal rate change for commercial auto was 7.19 percent in August, a decline from 7.96 percent in July.
• BOP. The average BOP premium renewal rate change increased to 7.65 percent, up from 7.55 percent the prior month.
• General liability. General liability saw a notable increase, with the rate change rising to 5.91 percent from 4.98 percent in July.
• Commercial property. The premium renewal rate change for commercial property was 7.84 percent in August, down slightly from 7.98 percent a month earlier.
• Umbrella. The umbrella rate change rose to 9.02 percent, up from 8.83 percent in July.
• Workers compensation. The premium renewal rate change continued to trend negative at −1.45 percent, up slightly from −1.48 percent the previous month.

Released monthly, the Ivans Index analyzes more than 120 million data transactions across over 38,000 agencies and 700 insurers and managing general agents. It reflects national trends in premium renewal rate changes for the most commonly placed commercial lines of business in the US insurance market.