Canadian Personal Auto & Property rates increase in Q3’25: Applied Systems

The third quarter 2025 results of Applied Systems’ Applied Rating Index show that average premiums for both personal auto and personal property lines in Canada increased year over year.

In Q3’25, the personal auto premium rate change increased 15.5% compared to Q3’24, while increasing 5.3% when compared to Q2’25.

Meanwhile, for the quarter, the personal property premium rate change increased 8.6% when compared to Q3’24, while it increased 1.2% when compared quarter over quarter.

In personal auto, the results explained that all provinces experienced an increase year over year, with Ontario seeing the highest at 18.4% and Alberta the lowest at 8.5%.

At the same time, in personal property lines, all provinces experienced an increase in premium rate change year over year, while Alberta led at 13% and British Columbia and Ontario stood lowest, at 4.6% each.

Additionally, quarter over quarter, the premium rate change increased for personal auto in all provinces, while for personal property, it increased in all provinces except Ontario compared to Q3 2024.

Personal property experienced an increased year-over-year premium rate change across all provinces. Alberta, British Columbia, Ontario, Quebec, the Atlantic Provinces and Saskatchewan & Manitoba saw increases in premium rate change year over year with 13%, 4.6%, 4.6%, 11.3%, 7.3% and 9% respectively.

Compared to Q2’25, Alberta, British Columbia, Quebec, the Atlantic Provinces and Saskatchewan & Manitoba all saw increases quarter over quarter of 1.7%, 2.1%, 4.3%, 1% and 1.7%. Ontario was the only province to experience a decrease, at -0.2%.

Steve Whitelaw, Senior Vice President and General Manager, Applied Systems Canada, commented, “In Q3 2025, we saw a continued need for rate in the personal lines market, with Personal Auto premium change growth rates accelerating slightly quarter over quarter, while premium change growth rates for Property continued upward at a more moderate pace.

“Looking ahead, the Applied Rating Index will continue to track rate movements across both Personal Auto and Property, providing a reliable measure of overall market activity.”