Authored by Sara Weathers

Commercial insurance rates that skyrocketed last year are beginning to fall and stabilize, according to a recent Insurance Journal article.

Directors and officers liability insurance is already down 2.5% and rates could fall as much as 7.5%. Cyber insurance rates are not expected to rise after many years of price increases.

While D & O and cyber insurance rates are falling or remaining the same, property insurance rates could rise due to the number of natural disasters that have happened recently.

For more information on what to expect when it comes to insurance rates this year, check out Insurance Journal’s article. AdvoCap Insurance is happy to help with any questions you may have!

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