After record-breaking premium hikes in 2023, the commercial property insurance market began moderating in 2024. Now in 2025, many businesses are seeing single-digit premium increases, while those in high-risk areas—like wildfire and hurricane zones—continue to face higher costs and limited coverage options.

What’s Driving These Changes?
✅ More stable reinsurance markets have helped ease price surges.
✅ Extreme weather events continue to impact high-risk regions.
✅ Many businesses are still undervaluing their properties, leading to coverage gaps.

How to Protect Your Business in 2025:
✔️ Ensure accurate property valuations to avoid underinsurance.
✔️ Strengthen disaster-resistant building upgrades.
✔️ Work with an insurance expert early to secure the best rates.

What does this mean for your business? Read more here: Navigating the 2025 Commercial Property Insurance Market