article thumbnail

Renewal Rates Up YOY for All Commercial Lines Except Workers Comp: Ivans

Insurance Journal

Premium renewal rates increased year over year for all major commercial lines, except workers’ compensation, according to the January 2025 results of the Ivans Index. Month over month, commercial auto, business owners policy (BOP), and commercial property experienced decreases in …

article thumbnail

Insurance Considerations When Expanding Your Business to a New Location

Mark Jackson Insurance Agency

If customers, vendors, or visitors will be on-site, this policy is essential. Workers Compensation Insurance to cover employee injuries on the job. Consider Additional Coverage for Business Operations If your expansion includes operations in a different state or municipality, insurance requirements may vary.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Essential Business Insurance Guide: Safeguarding Your Property From Cyber Threats

Protect Commercial Insurance

Property Insurance Property insurance is a fundamental coverage that protects your business’s physical assets, including buildings, equipment, inventory, and furniture, from perils such as fire, theft, vandalism, and natural disasters.

Cyber 52
article thumbnail

How To Save Money On Your Commercial Insurance

Protect Commercial Insurance

Here’s a quick look at some of the most common types: – Property Insurance: This protects the physical premises and equipment of your business against damage or loss due to events like fire, theft, or natural disasters. Bundle Your Policies One effective way to save money on commercial insurance is to bundle your policies.