Novatae Risk Group today reported that commercial lines insurance rates in the United States increased by 2.8% during the second quarter of 2025, a slight moderation from the 3% rate hike recorded in the first quarter.
“Automobile and umbrella insurance continue to experience moderate increases, but even these lines are down from the first quarter,” said Richard Kerr, CEO of Novatae Risk Group. “We are also seeing steady improvement in property insurance rates, which is encouraging for insurance buyers.”
This data is part of an ongoing analysis conducted by the Risk & Insurance Alliance, providing market intelligence and benchmarking for brokers, underwriters, and risk managers navigating a dynamic insurance landscape.
A summary of the second quarter 2025 rates by coverage, cyber liability, industry class and account size are set forth below.
| By Coverage Class | |
| Commercial Property | Up 3.6% |
| Business Interruption | Up 2.3% |
| BOP | Up 2.6% |
| Inland Marine | Up 1.3% |
| General Liability | Up 3.7% |
| Umbrella/Excess | Up 5% |
| Commercial Auto | Up 6.7% |
| Workers’ Compensation | Flat 0% |
| Professional Liability | Up 1% |
| D&O Liability | Up 1.3% |
| EPLI | Up 0% |
| Fiduciary | Up 1% |
| Crime | Up 1.3% |
| Surety | Up 1% |
