Skip to ContentSkip to Footer

2023 Outlook—A Shifting Market

A Shifting Market

Since 2019, the commercial insurance sector has been grappling with a hard marketplace—one that is particularly less friendly to insurance buyers.

Industry experts anticipate that the commercial insurance space will remain challenging in 2023, although it may present more favorable conditions than it has in prior years for some insurance buyers.

In any case, it’s essential for businesses to take a proactive approach to bolster their risk management efforts and secure adequate coverage during this time. Especially amid an evolving risk environment, businesses should focus on addressing the factors they can control.

Contact us to learn more, and let us know if you have any questions or need further information.

Get A Quote
Customer Reviews
5/5

Is the best car and home insurance company...

GP
Gustavo P
5/5

...plan on using Preferred for all of my insurance needs moving forward.

SA
Sam A
5/5

Great customer service.

TB
T Baldwin
5/5

Strongly recommend Preferred Insurance!

CM
Christa M
5/5

...I am comfortable paying each month.

NB
Nathaniel B