Commercial Insurance Industry Property Damage 
Triple-I: Homeowners Insurance
FEBRUARY 13, 2025
Property damage liability claims per 100 insured vehicles are 15 percent higher, and relative body injury claims frequency is 60 percent higher. Rising claim frequency and litigation costs put coverage affordability and availability at risk. The five-year average count for liability claims increased 24.9
Bankers Insurance
AUGUST 8, 2024
THE IMPORTANCE OF ACCURATE VALUATION IN COMMERCIAL PROPERTY INSURANCE When purchasing or renewing commercial property insurance , it’s important for businesses to ensure their coverage includes correct property valuations. Additionally, property undervaluation can result in coinsurance penalties.
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Jackson & Jackson
MAY 22, 2024
Multi-unit commercial properties in California offer investors the potential for significant returns. Investors must understand the importance of securing comprehensive commercial property insurance coverage to protect their investments. It covers property damage, loss of income, liability claims, etc.
Zywave
NOVEMBER 20, 2024
Commercial Lines Trends Cyber: AI continues to be top of mind for those in the cyber market. Commercial Property: Extreme weather events continue to lead to extreme property damage. Repairing this damage also continues to be more expensive due to inflation.
Protect Commercial Insurance
JANUARY 10, 2025
For brokers, establishing solid insurance referral partnerships can be the golden key to success. These partnerships not only broaden your client base but also offer a seamless solution to meet customer needs across various policy areas, such as commercial property. – Stay Informed : Keep an eye on industry developments.
Property Insurance Centre
JANUARY 4, 2024
Emerging Property Insurance Trends 2024 Welcome to our guide on emerging trends in the property insurance industry. As we dive into the evolving landscape of property insurance, it’s important to stay informed about the latest trends and challenges affecting the market. Hurricane Harvey 2017 92.0
Property Insurance Centre
MARCH 19, 2024
The Importance of Consumer Education Consumer education is a critical aspect of making informed decisions regarding insurance coverage and navigating the complexities of the insurance industry. By gaining insurance knowledge , individuals can protect their property effectively and avoid falling victim to insurance scams.
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