Commercial Property Insurance Costs: Why Rates Are Rising and How to Manage Them
Reading Time: 2 minutesCommercial property insurance costs have increased 10-20% annually since 2022, driven by catastrophic weather losses, rising construction costs (replacement values up 30-40%), and a reinsurance market passing higher costs to primary carriers. For property owners, the premium increase at renewal is often the most visible line-item shock in the entire insurance program. For SBA-financed properties, […]
Claims Advocacy: How Insurance Brokers Fight for Better Claim Outcomes
Reading Time: < 1 minuteClaims advocacy is the service a broker provides after a loss: actively managing the claim on your behalf, pushing the carrier for a fair settlement, and making sure nothing falls through the cracks. It is the difference between a broker who submits your claim and disappears, and one who fights for the outcome you paid […]
The P&C Hard Market: Why Commercial Insurance Rates Are Rising in 2024-2026
Reading Time: 2 minutesThe property and casualty insurance market has been in a sustained hard market since 2020. Carriers are raising rates, tightening terms, reducing capacity, and being more selective about risks. For commercial insurance buyers, this translates to higher premiums at renewal, stricter underwriting, and fewer carriers willing to quote certain classes of business. For fleet operators, […]
Wire Fraud in Real Estate
Reading Time: 2 minutesRelated Resources: how much does title insurance cost You may also find our guide on how much does title insurance cost helpful for additional context. Related: daycare liability insurance No industry is exempt from cybercrime taking place, and the real estate industry has become a common target. As hackers devise plans to obtain sensitive information […]