Insurance Cost Trends for 2022
2022 so far has shown us that everything is costing more than it was a year ago. As consumers are impacted by supply chain issues, so are insurance companies due to materials and equipment costing more to repair and replace. The biggest lines of insurance impacted thus far in 2022 seems to be General Liability, Property, Auto and Umbrella. Workers Comp rates, nation-wide, have not taken significant increases or decreases this year. Click here to see what other insurance increases could impact your bottom line.