Update on Insurance Premiums

A quick update on insurance premiums in the Business Insurance industry. Ivans Insurance Services tracks this data and has reported the following:
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• Commercial auto renewal rates + 5.20% in April 2022
• Businessowners policy renewal rates + 5.56% in April 2022
• General liability renewal rates + 4.64% in April 2022
• Workers comp renewal rates - 0.91% in April 2022
• Commercial property renewal rates + 6.05% in April 2022
• Umbrella renewal rates + 5.17% in April 2022

If you have questions about your policy and/or premiums, please feel free to contact us. We represent many insurance companies.