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There are signs of stabilization in the property market, with ample capacity available following favorable underwriting results on the insurance and reinsurance side.

“Although we may be coming out of one of the most difficult periods in insurance history, some areas might still see increasing premiums for another 12-18 months,” says independent agent Guffy Wright. “Factors like claim volume, social inflation, weather patterns and fraud will continue to play major roles.”

Among married-couple families in 2023, both spouses were employed in nearly 50% of families, according to the U.S. Bureau of Labor Statistics. Here are three considerations for serving dual-income households.

Extreme weather events continue to present difficulties in the agricultural sector, and farmers are finding themselves in dire financial straits and at risk of losing their livelihood.

After Hurricane Helene, it became apparent that few farmers in the disaster areas had crop insurance. Here’s how agents can highlight the benefits of this essential coverage.

As homeowners premiums increase agents can help create understanding through education on why costs are up and what coverage options are available for their clients.

It’s important that homeowners who undertake home improvements talk to their agent about what they’re planning to do or what they have done to better understand how that affects their insurance premiums and coverage.

“A home is a major financial investment for most people and if something bad happens to it, inadequate insurance can ruin their financial lives,” says independent agent Kelley Kimble. “As a homeowner myself, the adequacy of the policy is the greatest factor in my purchasing decision.”