Ivans, a division of Applied Systems, has released its November 2025 Ivans Index results, showing average premium renewal rates increasing year over year for commercial auto, business owner’s policy (BOP), general liability, commercial real estate and Umbrella.
On the other hand, premium renewal rates have declined during the workers’ compensation period.
Compared with the previous month, changes in premium renewal rates increased for general liability, commercial property and workers’ compensation, while they declined for commercial auto, BOP and Umbrella.
The change in commercial automobile premium renewal rate decreased from the previous month, with the average premium renewal rate changing at 6.87% and the average premium renewal rate changing at 7.567%.
The balance of payments premium renewal rate change fell to 7.46%, compared with 7.57% reported at the end of October. The average change in premium renewal rates for commercial real estate was 8.08%, compared with 7.65% last month.
The average change in general liability renewal rates was 7.14, up from 7.04% in October, while workers’ compensation averaged -1.52%, up slightly from -1.53% last month.
Umbrella’s average premium renewal rate change declined slightly, to 9.18% from 9.22% in October.
The monthly Evans Index reports data-driven trends in premium renewal changes for the top commercial insurance lines.
It analyzes more than 120 million data transactions from more than 38,000 institutions and 700 insurance companies/MGAs, measuring year-over-year premium differences for a single consistent policy, reflecting U.S. insurance market trends.
