U.S. commercial insurance rates are cooling at record speeds, yet auto liability remains a volatile outlier. Explore why property rates are dropping while vehicle coverage faces persistent inflationary pressure.

The market is becoming much more negotiable for the 'good students' of the business world, as insurers are using a scalpel now instead of a sledgehammer to be incredibly granular about who they want to cover and at what price.
Создано выпускниками Колумбийского университета в Сан-Франциско
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Создано выпускниками Колумбийского университета в Сан-Франциско

Lena: You know, Jackson, I was just looking at my bills and wondering if the era of non-stop insurance hikes is finally hitting the brakes. It turns out, if you're looking at the U.S. commercial market, things are actually cooling down quite a bit.
Jackson: It’s true! The latest data shows that commercial rate hikes eased to just 2.9% in the fourth quarter of 2025. That is a massive drop from the 5.6% we saw just a year earlier. It’s the sharpest slowdown we've seen since this "hard market" began back in 2019.
Lena: Wow, 2.9% feels like a huge relief compared to where we were. But I noticed that while property prices are actually starting to decrease, commercial auto is still bucking the trend with some pretty strong growth.
Jackson: Exactly, there’s this real divide happening between different types of coverage. While some lines are flattening out, others are still feeling the pressure of things like social inflation and higher repair costs. Let’s dive into why commercial auto is still seeing those increases while the rest of the market settles down.