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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. Property damage liability claims per 100 insured vehicles are 15 percent higher, and relative body injury claims frequency is 60 percent higher.

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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