Help Us Better Understand Your Challenges - Commercial Property Insurance

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* 1. What is the name of your business?

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* 2. How close is your property to the coast?

Less than 1 mile

1-5 miles

5-10 miles

More than 10 miles

Not applicable

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* 3. How much has your commercial property insurance premium increased annually over the past 5 years?

Less than $1,000

$1,000-$2,500

$2,501-$5,000

$5,001-$10,000

$10,001-$15,000

Greater than $15,000

No increase

Other (please specify)

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* 4. Have you experienced any of the following issues with your commercial property insurance in the past 5 years? (Select all that apply)

Non-renewal of policy

Moved to surplus market (high-risk insurer)

Increased premiums without claims

Reduced coverage

Increased premiums with claims

Difficulty finding a new insurer

No issues

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* 5. Have you experienced a policy non-renewal due to specific building features (e.g., sprinkler systems, safety upgrades)?

Yes, please specify

If yes, please specify

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* 6. If your premiums increased, what reasons were provided by your insurer? (Select all that apply)

Property location

Lack of sprinkler system or other safety features

Changes in market conditions

Increased risk due to natural disasters

Other (please specify)

Please specify

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* 7. If your insurance was moved to a surplus or high-risk market, how did this change your premium and coverage?

My premium increased

My coverage was reduced

Both my premium increased and coverage were reduced

There was no significant change

This does not apply to me

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* 8. Have you made any changes to your business due to rising insurance costs? (Please select all that apply)

Reduced staff or operating hours

Delayed renovations or upgrades

Increased prices for customers

Considered closing or selling the business

No changes have been made

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* 9. What types of support or resources would be most helpful to you in managing rising insurance costs? (Please select all that apply)

Access to more competitive insurance options

Financial support for required property upgrades (e.g., sprinkler installation)

Policy changes to promote more stable insurance rates

Educational resources on managing insurance risks

Other (please specify)

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* 10. Is there anything else you’d like to share about your experience with commercial property insurance?

Please explain below

Please explain.