Small business insurance rates remain steady
By Dynamic Business · 2 November 2017 · Locked
By Dynamic Business · 2 November 2017 · Locked
Contrary to industry predictions, small business insurance premiums have defied expectations. But what's behind this unexpected stability, and will it last?
Despite talk of hardening insurance rates over the last few months, the latest BizCover Small Business Insurance Index indicates that premiums for small businesses remains steady at 80 points. Although there have been industry predictions of stricter underwriting criteria and higher prices, BizCover found that excess capacity and good levels of profitability have resulted in […]
Tags: BizCover, Insurance, Small Business