Ivans Index is a data-driven report of current conditions and trends for premium renewal rate change of the most placed commercial lines of business in the insurance industry. Analyzing more than 120 million data transactions, the Ivans Index premium renewal rate change measures the premium difference year over year for a single consistent policy.
Commercial insurance renewal increases moderated during the third quarter of 2026, according to the Ivans Index. Average premium renewal changes declined from the previous quarter across five of the six tracked coverage lines. Workers’ compensation continued to show average decreases, although those reductions narrowed slightly.
Average premium renewal increases eased across most commercial insurance lines in Q3 2026. Commercial auto increases declined from 4.93% in Q2 to 3.63%, while general liability increases fell from 5.44% to 4.12%. Business owner’s policy (BOP) increases moderated from 6.16% to 5.61%, and commercial property increases slowed from 6.40% to 5.65%. Umbrella coverage continued to post the largest average increase among the tracked lines, although it eased from 7.96% to 6.88%. Workers’ compensation remained the only line showing an average premium reduction, with the decrease narrowing from 1.37% in Q2 to 1.17% in Q3.
Umbrella coverage recorded the largest average increase, followed by commercial property and BOP. General liability and commercial auto showed more pronounced moderation, with average renewal increases falling to 3.19% and 3.29%, respectively, by September.
What This Means for Your Business
The findings point to easing upward pressure on renewal costs, while most tracked coverage lines continued to become more expensive. Results also varied substantially by state, reinforcing the importance of evaluating each business individually.
For business owners, these trends provide a useful starting point for renewal planning. Reviewing coverage, documenting risk improvements, and addressing outstanding claims can help support a stronger submission to insurers. At Venture, we bring these considerations together to help businesses make informed decisions about protection and cost.
Source: Ivans Index, Q3 2026. The index measures year-over-year premium changes for consistent policies and excludes policies with anomalous exposure or claims changes. Its averages are market benchmarks; individual renewal results will vary.
