The evolution has been particularly pronounced in the realm of telematics and in-cab technology. “A lot of providers that historically never factored any sort of technology into their underwriting are now offering discounts for motor carriers to share their telematics data, install cameras in their trucks, etc.,” Alexander said. “The use of underwriting telematics is becoming more and more prevalent and will only increase in the future.”“Insurtechs have been in the space for a few years now and many of the ...

Core Insights - Commercial auto insurance premiums have seen significant increases, with some rising by 20% to 29% in Q2, while the Northeast experienced less drastic changes compared to other regions [3][4] - The average increase in commercial auto insurance premiums was 8.8% sequentially, which is lower than the 10.4% increase in Q1, but still outpaced most other insurance products [7] - The overall average increase across major insurance lines was 4.9% in Q2 2025, consistent with the previous quarter [7] Industry Trends - The rise in insurance premiums is attributed to legal system abuses, including an increase in nuclear verdicts (over $10 million) and thermonuclear verdicts (over $100 million) [4] - The American Transportation Research Institute reported that trucking insurance premiums are rising faster than other costs, with a 5.8% average increase in Q1 [5] - Predictions indicate that carrier insurance costs are likely to continue increasing at a greater rate in 2025 compared to 2024 [5]