Liability Insurance Premium Property Damage 
Freeway Insurance
JANUARY 3, 2025
Senate Bill 1107 , which increases minimum insurance requirements, is expected to further drive up premiums statewide. This latest change could disproportionately affect communities where insurance costs already strain household budgets. million uninsured drivers in the state.
TGS
JANUARY 6, 2025
Will These Changes Impact Insurance Premiums? Yes, raising minimum coverage requirements is likely to result in higher premiums for drivers. Insurers will need to adjust rates to accommodate the increased coverage levels.
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Protect Commercial Insurance
JULY 26, 2024
Property insurance can protect these assets from damage or loss due to fire, theft, or other covered perils. General Liability Insurance General liability insurance is essential for any business, including tailors. Ask for Discounts Don’t be afraid to ask insurers about any available discounts.
American Agents Alliance
AUGUST 22, 2024
The legislation, effective January 1, 2025, will increase the current minimum of $15,000 per claimant and $30,000 per occurrence for bodily injury, and $5,000 for property damage (15/30/5), to $30,000 per claimant, $60,000 per occurrence for bodily injury, and $15,000 for property damage (30/60/15).
Property Insurance Centre
JANUARY 4, 2024
Get a Quote Insurance under one roof We are specialists in many types of insurance GET YOUR QUOTE GET YOUR QUOTE Key Takeaways Consistent rate increases have been experienced in the property insurance market since 2017. Weather conditions and natural disasters contribute to higher property losses.
Protect Commercial Insurance
NOVEMBER 8, 2024
By understanding your policy needs, shopping around, and exploring available discounts, you can effectively manage insurance premiums and keep your business financially secure. It provides protection against a plethora of risks, including property damage, liability claims, theft, and even employee injuries.
Protect Commercial Insurance
NOVEMBER 22, 2024
The cost of commercial insurance is generally based on several factors, such as the type and size of your business, its location, and the specific risks involved. While it might sound complicated, this actually means your premium is tailored to fit your needs, ensuring you don’t overpay for unnecessary coverage.
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