Top Coverage & Policy Issues Stories
Limited capacity, undervalued properties roil coastal insurance markets
By Stephen McCordEven coastal properties with appealing risk profiles still face rate increase increases between 15%-50%.
News and information for property & casualty insurance agents & brokers on coverage and policy issues, including policy analysis related to whether a client’s loss is covered. Coverage questions are answered as to who is liable in the event of a loss, in order to most effectively serve the client when a claim is filed.
Even coastal properties with appealing risk profiles still face rate increase increases between 15%-50%.