Most Commercial Lines Saw Premium Renewal Rate Increases in November

Most major commercial insurance lines continued to post year-over-year premium renewal rate increases in November 2025, according to the latest results from the Ivans Index, though renewal activity varied by line on a month-over-month basis.

Data released December 4 by Ivans showed that commercial auto, businessowners policy (BOP), general liability, commercial property, and umbrella all experienced higher average premium renewal rates compared with November 2024. Workers compensation was the only major commercial line to post a year-over-year decrease.

Month over month, renewal rate movement was mixed. General liability, commercial property, and workers compensation recorded increases in premium renewal rate change, while commercial auto, BOP, and umbrella saw declines from October levels.

November 2025 Premium Renewal Rate Changes by Line

• Commercial Auto: 6.87 percent, down from 7.57 percent in October
• Businessowners Policy: 7.46 percent, down slightly from 7.51 percent last month
• General Liability: 7.14 percent, up from 7.04 percent in October
• Commercial Property: 8.08 percent, up from 7.61 percent in October
• Umbrella: 9.18 percent, down from 9.22 percent last month
• Workers Compensation: -1.52 percent, up slightly from -1.53 percent in October

Released monthly, the Ivans Index measures premium renewal rate change year over year for individual, consistent policies across the most commonly placed commercial lines. The index analyzes more than 120 million data transactions, reflecting activity from more than 38,000 agencies and over 700 insurers and managing general agents nationwide.