Applied Systems has released the Q4 2025 results of the Applied Commercial Index, the Canadian insurance industry’s premium rate index, showing that average premium rate change increased year over year for both Personal Auto and Personal Property lines.
Quarter over quarter, average premiums for Personal Auto increased in all provinces, while average premiums for Personal Property increased in all provinces except British Columbia.
For the quarter, Personal Auto premium rate change increased 14.4% compared to Q4’24 and 2.9% versus Q3’25.
In Q4’25, Personal Property premium rate change increased 7.8% compared to Q4’24, and 1.3% versus Q3’25.
Across Personal Auto, all provinces experienced higher premium rate change year over year, with Alberta, Ontario, Quebec and the Atlantic Provinces seeing increases of 11.1%, 17.1%, 13.4% and 15.4% respectively.
All provinces also saw increases compared to Q3’25, with Alberta, Ontario, Quebec and the Atlantic Provinces at 3.8%, 3.1%, 2.7% and 5.4% respectively.
For Personal Property lines, all provinces increased year over year. Alberta, British Columbia, Ontario, Quebec, the Atlantic Provinces and Saskatchewan & Manitoba were up 13.5%, 1.8%, 4.3%, 6.4%, 9.5% and 9.0%, respectively.
Relative to the previous quarter, Alberta, Ontario, Quebec, the Atlantic Provinces and Saskatchewan & Manitoba all saw increases of 2.4%, 1.6%, 1.8%, 3.7% and 2.3%, while British Columbia experienced a decrease of -1.5%.
“The Canadian personal lines market continues to experience premium growth across all provinces,” said Steve Whitelaw, SVP and general manager, Applied Systems Canada. “For Q4 2025, the data suggests the rate of increases is stabilising compared to earlier quarters, indicating the market may be entering a more measured phase of adjustment rather than the rate of premium increases continuing to accelerate.”
