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

Triple-I: Homeowners Insurance

Homeowners in Georgia’s most climate-risk-vulnerable counties , such as the coastal and most southern parts of the state, can face double-digit premium hikes or nonrenewals. At least 38 of those events happened in the last five years, with 14 in 2023. The five-year average count for liability claims increased 24.9

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Hotel Insurance Costs and Coverages for Brokers

Distinguished

Commercial umbrella : A policy that gives hotels additional liability coverage so they can maintain coverage limits beyond what is available on their primary GL. Commercial auto : A comprehensive policy that covers commercial vehicles if theyre involved in an accident, vandalized, or stolen.

Broker 52