
Paul’s Insurance Corner
Helping partners and clients stay informed on property and casualty insurance.
In Brief: Quick Updates
Claims practices of companies being reviewed by Congress
Signs of commercial insurance market softening
Commercial Insurance: Part 3
Commercial Insurance
In part 3 of my segment on securing a strong commercial insurance package I will speak about commercial auto insurance.
Commercial Auto insurance has faced steep rate increases over the past 5 years. From increased parts and labor to far more frequent collisions, the rates have taken a hit due to these conditions.
Here’s the hard truth, even for small fleets, it is time to invest in telematics and cameras. Underwriters are really pushing for these technologies now a days. This will make your case far more competitive. Not only will this protect your company, but really your employees too. If you can catch and correct poor driving behavior you are helping the families of these employees by keeping them safe.