The slight increases in premium renewal rates across nearly all major commercial lines of business are a response to the changing dynamic market. The majority of the commercial lines products including commercial auto, business owners policy, general liability and commercial property experienced increase rate changes while workers’ compensation saw negative changes. With the market dynamics changing especially due to the current pandemic, commercial insurance buyers will continue to pay more across most lines of business and see their coverage terms and conditions analyzed.
With rate increases and questions to lower insurance buyers bottom line, having a broker that offers risk management is key. Our team of experts at ProAction Insurance can help answer your questions and provide resources to lower your bottom line. Our long-standing partnerships with top admitted carriers gives you access to coverage, limits, and price that best suit your business needs.
Targeted Industry Expertise:
- Home Health
- Home Care
- Other healthcare subsidiaries