Ivans, a division of Applied Systems, has released the November 2025 results of the Ivans Index, showing that average premium renewal rates increased year over year for Commercial Auto, Business Owner’s Policy (BOP), General Liability, Commercial Property, and Umbrella.
Month over month, General Liability, Commercial Property and Workers’ Compensation experienced increases in premium renewal rate change, while Commercial Auto, BOP and Umbrella saw decreases.
Commercial Auto’s premium renewal rate change decreased from last month, averaging 6.87% compared to the average premium renewal rate change of 7.567%.
BOP premium renewal rate change decreased to 7.46% compared to the 7.57% reported at the end of October. Premium renewal rate change for Commercial Property averaged 8.08%, compared to the 7.65% seen last month.
General Liability renewal rate change averaged 7.14, up from October, which was 7.04%, while Workers’ Compensation averaged -1.52%, up slightly from -1.53% last month.
Average premium renewal rate change for Umbrella experienced a slight decrease, to 9.18%, down from 9.22% in October.
The monthly Ivans Index reports data-driven trends in premium rate renewal change for the most placed commercial insurance lines.
Analysing over 120 million data transactions from more than 38,000 agencies and 700 carriers/MGAs, it measures the year-over-year premium difference for a single consistent policy, reflecting the US insurance market trends.
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