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Understanding and Preparing for a Premium Audit

Central Insurance

Many commercial insurance policies require a premium audit at the end of the term to match your coverage with actual business activity. The post Understanding and Preparing for a Premium Audit appeared first on Central Insurance Blog. Here's what to expectand how to make the process go smoothly.

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Renewal Rates in Q2 Tell of ‘Slowly Softening’ Commercial Lines Market, Says Ivans

Insurance Journal

Premium renewal rates increased year-over-year for all major commercial lines, except workers’ compensation, according to second quarter 2025 results of the Ivans Index. The Chicago-based technology provider for insurance carriers, agents, and managing general agents said the average premium renewal …

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Common Commercial Insurance Mistakes (and How to Avoid Them)

Mark Jackson Insurance Agency

Computer desk with office equipment by Lisa from Pexels Running a business comes with plenty of challenges, and insurance is one area where mistakes can be costly. From underinsuring key assets to misunderstanding policy exclusions, commercial insurance missteps can leave your business exposed to financial loss.

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Why Your Home Insurance Premium Increased by 20% – Even If Only Your Neighbor’s House Burned Down 

Agency Height

Insureds Why Your Home Insurance Premium Increased by 20% – Even If Only Your Neighbor’s House Burned Down Get quotes from verified agents easily. Agency Height July 31, 2025 For Insureds Key Takeaways Insurance premiums are based on shared risk, not just your individual home. Sounds unfair?

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A Comprehensive Guide to Understanding Commercial Property Insurance

Protect Commercial Insurance

– Specialisation : Some insurers specialise in certain industries, which could offer you tailored coverages and possibly better premiums. – Claim Process : Investigate how insurers handle claims. By dedicating time to comparison, you can identify an insurer that aligns well with your business needs.

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The Importance of Commercial Property Insurance for UK Small Businesses

Protect Commercial Insurance

Factors Influencing Premiums Understanding what affects your insurance premiums can help you make informed decisions. Insurers assess the geographical risks and calculate your premiums accordingly. – Business Type and Size : The nature of your business operations can affect your premiums.

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Understanding Negligence and Liability for Small Businesses – Protect Insurance

Protect Commercial Insurance

One of the most common issues we see as commercial insurance and mortgage brokers is liability claims caused by negligence. Even if you never intended harm, a single incident can lead to hefty legal fees, compensation payouts, reputational damage and higher premiums in future. But what does negligence actually mean?