Business Insurance Rates Seem On The Upswing

Travelers increased prices for business-insurance clients by 5.2% in October and 5.8% in November, the largest rates increases in several years, showing an acceleration in industry pricing power.

Topics:  october   november   business   insurance   rates   
BING NEWS:
  • Homeowner insurance rates set to rise significantly across the Wilmington area
    The deal between NC and the insurance industry calls for an average 15% increase by mid-2026. But many coastal areas will see much steeper increases.
    01/21/2025 - 9:07 pm | View Link
  • NC, home insurance companies reach deal on new premiums. Here’s how much you’ll pay.
    Under the rates negotiated by Insurance Commissioner Mike Causey, the highest increases will come on the coast and in the Coastal Plain.
    01/21/2025 - 12:08 am | View Link
  • Will car insurance rates increase in Ohio in 2025? Here's what the experts say
    Insurance experts weigh in on whether car insurance rates will increase again in 2025 and the effect of possible new tariffs.
    01/20/2025 - 10:01 pm | View Link
  • NY car insurance hikes drive some to shop, others to drop
    As New York car insurance premiums soar, more motorists are hunting for affordable policies—or skipping coverage entirely.
    01/19/2025 - 6:07 am | View Link
  • USAA wins court case over military insurance rate dispute in California
    USAA Insurance wins a California court case, ending a four-year class action suit over differing military insurance rates.
    01/19/2025 - 2:00 am | View Link
  • More
BING SEARCH:
  • Business Insurance ~ Secure Your Small Business | GEICO
    GEICO offers business insurance coverage for almost any business, including liability coverage, commercial vehicle insurance, and even cyber liability insurance. Browse our selection below to get more information about the business insurance that's right for you!
    01/20/2025 - 12:01 pm | View Website
  • How Much Does Business Insurance Cost?
    • Business insurance costs vary by your company’s industry, size, and location. • General and product liability insurance average $504 annually. • Cyber liability insurance, essential for data protection, costs an average of $1,740 per year. • Reducing claims, bundling policies, and improving job safety can lower premiums.
    01/20/2025 - 9:17 am | View Website
  • How Much Does Small Business Insurance Cost?
    A small business insurance costs an average $301 monthly for a policy with four types of coverage. Find out how to get the best small business insurance rates.
    01/20/2025 - 12:20 am | View Website
  • Small Business Insurance Costs: Fast & Free Quotes | Insureon
    The cost of business insurance (commercial insurance) depends on the policy, what it covers, and your business’s risks. Get free quotes and buy online with Insureon.
    01/19/2025 - 5:25 pm | View Website
  • How much does business insurance cost?
    In 2023, the national median monthly cost of a business insurance policy for new Progressive customers ranged from $42 for professional liability to $67 for workers’ compensation. Notice how the average business insurance cost depends on the type of policy you need.
    01/19/2025 - 10:15 am | View Website
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