2019 Changes in Commercial Auto Insurance by Foa & Son
Looking for the most affordable commercial auto insurance? Be sure to do your research before settling for what seems like a good deal. These types of insurances are going to be more expensive in 2019 across the board. As we discussed in our 2019 Insurance Update, over the past few years, we have enjoyed fairly steady and consistent soft market conditions. But now, experts agree that the market is slowly tilting toward a harder direction. Although these changes are probably going to be mild for most lines of insurance, auto insurance is an unfortunate exception. In fact, it’s one of the only lines of insurance that is most likely to see double digit rate increases, especially in commercial auto. Let’s dig in and find out why this is happening and how your business can respond in order to get the best coverage at the best available rate.
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2019 Changes in Commercial Auto Insurance