September 2026 | FL Premium Report

Commercial Property remains the clearest example of the broader 2026 market trend. Through September, premium was down 16% while policy count was up 22%, driving average cost per policy down 31% to $15,628.

The premium decline narrowed to 6% during Q3, helped by a particularly strong August. September, however, again showed a significant separation between premium and policy activity, with premium down 40% year-over-year while policy count increased 28%. Average cost per policy fell 53% to $7,164.

Liability results were somewhat more mixed. Commercial General Liability remained comparatively steady, with premium down 4% year-to-date and policy count virtually unchanged from 2025. Q3 followed a similar pattern, reinforcing CGL as one of the more stable major lines in the market.

Excess Commercial General Liability, meanwhile, continued to grow. Through September, premium increased 10% and policy count increased 13%, with similar growth during Q3. September policy activity accelerated further, increasing 21% compared with a 5% increase in premium, pushing average cost per policy down 14% for the month.

Homeowners HO-3 continues to stand out for the scale of its policy growth and the corresponding decline in average cost per policy. Through September, policy count increased 67% while premium showed a 13% increase, reducing the average cost per policy 32% to $3,625.

The divergence became even more pronounced during Q3, when premium declined 10% while policy count increased 19%. By September, the average cost per HO-3 policy had fallen to $3,316, continuing to keep the line well below the $4,000 mark.

Flood - Personal also entered the Q3 top 10, with premium up 35% and policy count up 40% year-over-year. The timing is notable as Q3 overlaps with the peak of Florida's hurricane season.