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New Triple-I Issue Brief Puts the Spotlight on Georgia’s Insurance Affordability Crisis

Triple-I: Homeowners Insurance

Injury claim severity in the state is slightly higher than in the rest of the country. Property damage liability claims per 100 insured vehicles are 15 percent higher, and relative body injury claims frequency is 60 percent higher. Data indicates that litigation costs have become a pervasive concern for risk management.

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Hotel Insurance Costs and Coverages for Brokers

Distinguished

Property : General property insurance covers the hotel business property, protecting the physical buildings and structures from covered perils. Commercial umbrella : A policy that gives hotels additional liability coverage so they can maintain coverage limits beyond what is available on their primary GL.

Broker 52