You are here:HomeNews CenterInsurance News2013Commercial P/C Rates Rose Four Percent in November

Commercial P/C Rates Rose Four Percent in November

MarketScout reports that commercial property and casualty insurance rates rose an average of 4 percent in November...
December 13, 2013

MarketScout reports that commercial property and casualty insurance rates rose an average of 4 percent in November. The greatest rate increase of 5 percent was experienced by manufacturing, contracting, and service accounts, while public entities saw the smallest increase of 3 percent. Commercial automobile experienced a 5 percent hike, while commercial property, general liability, and workers’ compensation saw increases of 4 percent each. Crime and surety coverage had the smallest increases at 1 percent each.

Filed under: