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Personal Lines Rates Rise 4.6% in Q2 2025

In the personal lines sector, rates rose by an average of 4.6% in Q2 2025. While most homeowners saw smaller increases compared to the first quarter, high-value homes – those with Coverage A values exceeding $1 million – continued to see the steepest increases, averaging 6.7%.

Automobile insurance within personal lines trended upward, with rates climbing an average of 5.7% in the second quarter compared to 4.3% in the first quarter.

“We have just now entered hurricane season, so for those owning homes in coastal areas, expect homeowners’ rates to go up, not down,” said Richard Kerr, CEO of Novatae Risk Group. “Agents should advise their clients in coastal areas to renew their insurance between January and March, as rates are often much more favorable during those months.”

These findings are supported by the Risk & Insurance Alliance, which tracks market shifts and emerging trends across both commercial and personal insurance sectors.

A summary of the second quarter 2025 personal lines rates is set forth below

Personal Lines
Homeowners under $1,000,000 value	Up 3.3%
Homeowners over $1,000,000 value	Up 6.7%
Automobile	Up 5.7%
Personal Articles	Up 2.7%

About MarketScout, a Division of Novatae Risk Group

Founded in 2000, MarketScout, a Division of Novatae Risk Group, is an insurance distribution and underwriting company headquartered in Dallas, Texas. The company is a Lloyd’s Coverholder and MGA for US insurers with specialty expertise in workers’ compensation, private client solutions, energy, healthcare, fine art, equine, jewelry, professional liability, and many specialty programs. MarketScout’s company culture and sense of community encourages growth, learning and collaboration. The company has been named as one of the Best Places to Work in Insurance by Business Insurance for ten consecutive years. In November 2022, MarketScout joined Novatae Risk Group and Richard Kerr was named the combined companies’ CEO. California license #0D60423.