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Nonprofit insurers offer partial rate relief as auto costs rise
Gallagher said nonprofit auto rates climbed 7.0% to 15.0%, and some carriers are no longer writing monoline auto policies.
U.S. property and casualty insurance conditions are softening overall, but nonprofit organizations are still seeing uneven affordability and access challenges, particularly in casualty, auto and abuse coverage, according to Gallagher’s 2026 Nonprofit Sector Property and Casualty Insurance Market Update.
The report said specialized nonprofit carriers are competing more actively for new business instead of focusing only on renewals, though underwriting conditions vary by risk type.
Auto coverage remains a pressure point, with rates rising 7.0% to 15.0% amid frequency and severity of losses, including severe claims exceeding $20 million. Gallagher also said many carriers will no longer write monoline auto policies, pushing nonprofits to bundle auto coverage with workers’ compensation or general liability.