The Nation's First ISO Registered Independent Insurance Agency

OFFICES THROUGHOUT NORTHEAST OHIO

Library Tag: commercial property

While premiums still are rising, the average increases across all lines of business generally stayed about the same or decreased slightly in Q1 2024 compared with Q4 2023
Commercial insurance pricing is still rising, but the hikes are less steep than they were a year ago.
High premiums remain a top concern for commercial insurance clients nationwide as pricing continues to increase.
Premiums for commercial property and casualty insurance jumped an average of 8.9% in Q2 2023 – marking 23 consecutive quarters of increases.