Commercial Insurance Trends to Follow in 2026

Posted under Commercial Insurance, Cyber Liability, Safety.

The business landscape is changing quickly, and so is the world of commercial insurance. In 2026, many of the same forces that have shaped the last few years  inflation, technology, and regulation will continue to influence how companies manage risk and purchase coverage.

At our agency, we stay ahead of these shifts so our clients can make informed decisions and protect their operations effectively. Here are the key commercial insurance trends to watch in 2026.

1. Continued Premium Pressure from Inflation

Although inflation has slowed, its effects are still being felt across the insurance industry. Construction costs, labor shortages, and replacement expenses remain high. This affects property, equipment, and liability rates as insurers adjust to higher claim payouts.

What this means for you: Review property values and replacement cost estimates carefully. Make sure your coverage limits reflect current rebuilding and repair costs so that you are fully protected if a loss occurs.

2. Stricter Underwriting Standards

Carriers are becoming more selective in every line of business. Companies with a history of safety violations, poor claims records, or incomplete documentation may face higher premiums or limited options.

What this means for you: Maintain accurate records, adopt clear safety protocols, and provide loss-control documentation early. Working with an experienced agent helps you present your business in the best possible light to underwriters.

3. Cyber Insurance Becomes Essential

Cyberattacks and data breaches continue to grow in frequency and sophistication. Many insurers are now requiring specific cybersecurity measures as a condition for offering or renewing coverage.

What this means for you: Implement strong password management, multi-factor authentication, and employee awareness training. Review your cyber insurance limits and ensure your policy includes coverage for ransomware, data recovery, and business interruption.

4. Rise of AI and Automation Risks

Artificial intelligence is improving efficiency across industries, but it is also introducing new risks. Errors from automated systems, data misuse, or algorithmic bias may lead to liability claims.

What this means for you: If your business uses automation or AI tools, verify that your professional liability policy covers technology-related exposures. Ask your agent about new endorsements or coverages designed for emerging tech.

5. Climate and Catastrophe Exposure

Severe weather events, wildfires, and flooding continue to affect both property values and insurance markets. In many regions, reinsurance costs have increased, and insurers are tightening capacity.

What this means for you: Evaluate your business location and its exposure to natural hazards. Consider risk-mitigation steps such as fire suppression systems, improved drainage, and disaster planning.

6. Growth of Parametric and Specialty Coverages

More businesses are exploring innovative insurance solutions such as parametric policies, which pay out based on a specific event like rainfall or earthquake magnitude. These products can fill gaps where traditional coverage may be limited.

What this means for you: If your business depends on weather conditions or specific performance triggers, parametric coverage may offer a faster and more predictable payout structure.

7. Renewed Focus on Employee Well-Being and Benefits

Employee health, retention, and productivity remain key business priorities. Insurers are responding with expanded coverage for wellness programs, mental health resources, and flexible benefits.

What this means for you: Review your employee benefits program regularly and look for plans that support physical and mental health. A healthier workforce often leads to lower workers compensation and healthcare costs over time.

8. Greater Use of Data Analytics in Risk Assessment

Insurers are leveraging data more aggressively than ever to assess risk and set pricing. Real-time telematics, building sensors, and predictive analytics allow for more personalized premiums and proactive risk management.

What this means for you: Work with an agent who can help interpret data trends and communicate your safety practices clearly to insurers. Transparent reporting can lead to better rates and stronger partnerships.

9. Rising Demand for Environmental and ESG Coverage

Companies are facing growing scrutiny regarding environmental, social, and governance performance. Insurance carriers are offering specialized coverage for pollution liability, renewable energy projects, and green-building initiatives.

What this means for you: If sustainability is part of your brand or operations, review your coverage for environmental exposures and compliance risks.

10. Collaboration Between Brokers and Clients

With so many changes in the marketplace, the partnership between business owners and insurance advisors is more valuable than ever. Businesses that work closely with their brokers tend to achieve better results in both pricing and coverage.

What this means for you: Communicate openly with your agent throughout the year, not just at renewal. Share updates about new equipment, projects, or locations so your policy stays aligned with your needs.

Commercial insurance in 2026 will demand attention, strategy, and expert guidance. Rates may continue to rise in some sectors, but businesses that invest in safety, cybersecurity, and proactive planning can still manage their costs effectively.

Our agency is here to help you stay informed, identify gaps, and navigate an evolving market with confidence. Whether you operate a small local business or a multi-state company, we’ll make sure your protection keeps pace with your growth.

Porch Pirates Are Busy This Holiday Season

Posted under Homeowner’s Insurance, Personal Insurance, Safety.

The holiday season is filled with fun, parties, food, gifts, overeating, and, unfortunately, some risk. One of the fastest-growing risks for many people is the theft of packages by porch pirates.  According to proopertycasualtiy360, over 26 million packages are stolen during the holiday season.  Need more bad news?

Contact our office for a review of your homeowner’s insurance, as each policy is tailored to your specific circumstances.

Things To Do

  • Delivery confirmation is a good way to prove the package was delivered.
  • Thieves will follow delivery trucks, waiting for the perfect target.
  • These thieves commonly strike during working hours as many homes are empty at that time.
  • You can insure your packages.
  • Consider having a person there when the delivery is scheduled.
  • Install a security camera.

High Tech Solutions

There are a few high-tech solutions to consider.

  • Landport or BoxLock provides a delivery box on your porch that has an electronic lock.
  • Amazon Key, which has a fairly simple premise:  When a delivery arrives at your house, and you’re not home, the courier scans a barcode that sends a request to Amazon’s cloud. If it’s approved Amazon remotely unlocks your door and starts recording video through the online retailer’s Cloud Cam.
  • Install a front door camera.  Many shippers will not replace the item with this kind of device.

What To Do If A Package Is Stolen

  • Track your package. Check the delivery confirmation and tracking number.
  • Make sure a neighbor did not pick it up for you.
  • Contact the seller.  Different retailers have different policies and processes for handling stolen items, but usually, you are entitled to a refund or a replacement item.
  • File a claim with the shipping company.

Check your Credit Cards for Purchase Protection

10 Home Maintenance Measures That May Lower Insurance Costs

Posted under Homeowner’s Insurance, News and Announcements.

A well-maintained home is more than just a source of pride it can also save you money. Insurance companies reward homeowners who take proactive steps to reduce risk, and regular upkeep can help prevent costly claims before they happen.

At our agency, we want to help you protect your home while keeping premiums as low as possible. Here are ten home maintenance measures that may help lower your insurance costs.

1. Upgrade Your Roof

A strong roof is your home’s first line of defense. Replacing old shingles or upgrading to impact-resistant materials can reduce storm and hail damage and may earn a discount from your insurer.

Tip: Ask your agent whether your carrier offers roof age or impact-resistance credits.

2. Install a Security System

Homes with monitored security systems experience fewer burglaries and vandalism claims. Many insurers offer savings for professionally installed alarms or smart home systems that include motion sensors, door contacts, and cameras.

Tip: Provide proof of installation and monitoring to your agent to potentially qualify for discounts.

3. Add Smoke, Fire, and Water Sensors

Modern detection systems don’t just alert you, they notify emergency services automatically. Leak detection sensors near washing machines, water heaters, and dishwashers can prevent thousands of dollars in water damage.
Tip: Combine smoke, carbon monoxide, and water sensors with a central monitoring service for maximum benefit.

4. Replace Old Plumbing

Aging pipes are a leading cause of water damage claims. If your home still has galvanized steel or polybutylene piping, it’s time to replace it.
Tip: Updated plumbing materials like PEX or copper can reduce leaks and improve water quality.

5. Upgrade Electrical Wiring

Outdated wiring increases the risk of fire. Homes with aluminum wiring, knob-and-tube systems, or overloaded circuits often face higher insurance premiums.
Tip: Have a licensed electrician inspect your wiring and panel every few years to ensure everything meets modern safety codes.

6. Maintain Gutters and Drainage

Water damage often starts outside. Clean gutters and downspouts at least twice a year, and make sure water drains away from your foundation.

Tip: Install gutter guards and extend downspouts at least five feet from your home to prevent seepage.7. Trim Trees and Secure Landscaping

Storms can turn overgrown trees into hazards. Trimming branches near the roof or power lines helps prevent damage from wind and debris.

Tip: Remove weak or dying trees and secure outdoor furniture before significant weather events.

8. Install Storm-Resistant Windows and Doors

High-impact glass and reinforced door frames can reduce the severity of wind or hail damage. In hurricane or tornado-prone areas, insurers often reward these upgrades.
Tip: Look for products rated to withstand local weather conditions and provide documentation to your insurer.

9. Keep Up with Heating and Cooling Maintenance

HVAC systems that are regularly serviced are less likely to cause fire or water damage. Dirty filters, blocked vents, and neglected chimneys can all create risk.
Tip: Schedule annual inspections for your furnace, air conditioner, and fireplace.

10. Build a Preventive Maintenance Schedule

Document your home maintenance with dates, receipts, and photos. Keeping good records not only helps you track upkeep but also strengthens your case for discounts and smoother claims.

Tip: Create a simple checklist for seasonal maintenance and keep a copy with your insurance documents.

Taking care of your home protects not only your property but also your peace of mind. A few simple maintenance steps can reduce your risk, extend your home’s life, and potentially lower your insurance costs.

Our team can help you identify which upgrades qualify for discounts and guide you toward smart home improvements that yield long-term benefits.

How To Protect Your Identity During This Holiday Season

Posted under Homeowner’s Insurance, Safety.

According to the Nation Retail Federation, 84% of Americans will use the internet to shop during the holidays. Even during non-holiday times, people are using noncash transactions to purchase goods and services.

Cybercriminals are smart, and you must be informed about protecting your identity. According to the Federal Trade Commission, identity theft has been the No. 1 consumer complaint for 12 straight years. Experts tell us that it can take over 100 hours and thousands of dollars to restore your identity once it has been stolen. There are things you can do to protect your identity during the holidays and throughout the year. 

  • Consider identity theft insurance.
  • When shopping, only take the credit cards you need.
  • Credit cards have more protection than a debit card. Do not use your debit card or checks for transactions because these forms of payment are directly linked to your bank account.
  • Review your bank statements to make sure all transactions are correct.
  • When online shopping, only use sites you have used before or those that are reputable.
  • Use secure ATMs.
  • Make sure your antivirus and anti-spyware software is up to date.
  • Don’t open emails from people you don’t know, even if your name is in the reference line.
  • Don’t shop on unprotected wireless networks. Enjoy your coffee at the coffee shop, but do your shopping at home.
  • Use complex passwords and change them regularly.
  • Know the signs of identity theft.
  • Keep your Social Security Card and number locked up.
  • Keep your laptop or tablet locked in the trunk.
  • Keep receipts in your purse or wallet, not in the bag.

Identity Theft Insurance

Identity Theft Protection assists with the costs of restoring and repairing a consumer’s identity and credit history. Visit Our Offices. Identity theft insurance coverage usually covers assistance in straightening out the aftermath of identity theft (such as canceling unauthorized accounts and so forth), which is generally easy when the fraud involves credit cards but can be more time-consuming for accounts at banks and other institutions.

Overlooked Items You Should Add to Your Home Inventory

Posted under Homeowner’s Insurance, Personal Insurance.

Creating a comprehensive home inventory is crucial for keeping track of your belongings, particularly when filing insurance claims or selling your home. While many people remember to list the obvious items like furniture and electronics, there are several often-overlooked items that you should include in your inventory.

Small Valuables

  1. Jewelry: Make a list of all your jewelry items, including earrings, rings, necklaces, and watches. Note their value, and consider getting them appraised for insurance purposes.
  2. Artwork and Collectibles: If you have artwork, collectibles, or rare items, include them in your inventory. Take photos and keep receipts or appraisals to prove their value.
  3. Family Heirlooms: Don’t forget to include family heirlooms, such as antique furniture, vases, or other decorative items.

Electronics and Media

  1. Streaming Devices: Include devices like Roku, Chromecast, or Apple TV in your inventory.
  2. Gaming Consoles: If you have gaming consoles like PlayStation or Xbox, note their value and include any games or accessories.
  3. CDs, DVDs, and Vinyl Records: While they may not be worth as much as they used to be, these items still hold value and should be included in your inventory.

Clothing and Accessories

  1. Designer Clothing and Handbags: If you have high-end clothing or handbags, make sure to include them in your inventory.
  2. Coats and Furs: Note the value of any expensive coats or furs you own.
  3. Hats and Gloves: While not as valuable, these items should still be included in your inventory.

Home Decor and Linens

  1. Fine China and Crystal: If you have fine china or crystal, note their value and include them in your inventory.
  2. Artwork and Rugs: Include any valuable artwork or rugs in your inventory.
  3. Bedding and Linens: While not as valuable, these items should still be included in your inventory.

Outdoor and Garage

  1. Lawn Equipment: Note the value of any lawn equipment, such as lawn mowers or trimmers.
  2. Tools: Include any valuable tools, such as power drills or saws.
  3. Outdoor Furniture: If you have outdoor furniture, note its value and include it in your inventory.

Tips for Creating Your Home Inventory

  • Take photos and videos of your belongings to document their condition.
  • Keep receipts and appraisals for valuable items.
  • Update your inventory regularly to ensure it remains accurate.
  • Consider sharing your inventory with a trusted friend or family member in case of an emergency.

Five Risks Not Covered by Most Home Insurance

Posted under Homeowner’s Insurance, News and Announcements, Personal Insurance.

Home insurance is essential for protecting your house and belongings, but many people are surprised to learn that a standard policy does not cover every type of risk. Knowing what is excluded can save you from unexpected expenses and help you plan better protection for your home.

1. Flood damage

Standard home insurance does not include flooding from rising water or storm surge. For this coverage you need a separate flood insurance policy, often backed by the National Flood Insurance Program.

2. Earthquakes

Damage caused by earthquakes, tremors, or ground movement is not covered under most policies. Homeowners in areas with seismic activity usually need to purchase an additional earthquake endorsement or policy.

3. Sewer or drain backups

If water backs up through sewers or drains, the resulting damage is usually excluded. You can add special coverage for water backup to most home insurance policies for an extra layer of protection.

4. Maintenance issues

Home insurance is designed for sudden and accidental losses, not ongoing wear and tear. Problems like roof leaks from old age, pest infestations, or neglect are considered maintenance and are the responsibility of the homeowner.

5. High-value items beyond limits

While home insurance covers personal property, there are limits for jewelry, collectibles, art, and electronics. If you own high-value items, you may need to schedule them separately to make sure they are fully protected.

The takeaway

Home insurance provides important coverage, but it is not all-inclusive. Flooding, earthquakes, sewer backups, maintenance issues, and high-value belongings are some of the most common gaps. An independent insurance agent can review your policy and recommend affordable ways to close these gaps, giving you peace of mind that your home and valuables are fully protected.

The information shared in this article is provided and written on an opinion basis, and for informational purposes, it solely represents the opinions of Valley Oaks Insurance.

How Insurance Plays a Role in Cryptocurrency Risks

Posted under Cyber Liability, Homeowner’s Insurance, News and Announcements, Personal Insurance, Safety.

The rise of cryptocurrencies has revolutionized the financial world—but with innovation comes risk. Digital currencies like Bitcoin and Ethereum have become attractive targets for hackers, and the platforms that trade them crypto exchanges are facing increasing scrutiny as high-stakes risk hubs. As losses mount from breaches, fraud, and operational errors, insurance is becoming a vital tool in managing the unique threats facing this fast-evolving market.

Why Crypto Is a High-Risk Target

Cryptocurrency exchanges handle massive volumes of digital assets. Unlike traditional financial institutions, many of these exchanges lack the regulatory oversight or infrastructure to protect customer funds. That makes them appealing to cybercriminals looking for vulnerabilities to exploit.

Consider this:

  • In 2024 alone, crypto hacks accounted for over $1.8 billion in losses globally.
  • Many breaches occur due to phishing, weak private key management, or unpatched security flaws.
  • Once stolen, crypto assets are notoriously difficult to recover, thanks to the anonymous nature of blockchain technology.

Insurance as a Strategic Safety Net

Insurance doesn’t prevent crypto crime but it can soften the blow. The right coverage can make the difference between recovering and collapsing after a significant event. Here’s how:

1. Cyber Liability Insurance

Covers the cost of data breaches, including legal fees, customer notifications, forensic investigations, and reputation management. For crypto exchanges, it’s essential due to constant threats from cyberattacks.

2. Crime Insurance

This can include coverage for employee theft, fraud, and third-party hacks. While policies vary, specialized crime insurance tailored for digital assets helps protect against internal and external theft.

3. Directors and Officers (D&O) Insurance

With regulators increasingly eyeing crypto firms, D&O policies protect company leaders from lawsuits related to mismanagement, compliance failures, or investor losses.

4. Custody Insurance

Some insurers now offer coverage for digital assets held in “cold storage” (offline wallets). This ensures that even if a breach occurs, the value stored offline remains protected.

Coverage Gaps and Challenges

Crypto insurance is still evolving, and there are challenges:

  • Limited availability: Many insurers are still cautious about crypto risks due to volatility and unclear regulations.
  • High premiums: Because of the perceived risk, policies can be expensive and come with strict terms.
  • Policy exclusions: Not all digital asset losses are covered especially if caused by negligence or regulatory violations.

A Smart Move for Crypto Businesses

While no policy can eliminate the risks associated with digital currencies, a carefully structured insurance program can provide peace of mind and critical financial support after a loss.

If you’re involved in the crypto space—whether you’re an exchange, wallet provider, investor, or startup it’s time to ask: Do you have the right coverage for your digital risks?

Insurance agents play a key role in helping crypto businesses identify risk exposure, review policy options, and create coverage strategies tailored to this complex market.

Ready to explore your options? Contact us to discover how insurance can safeguard your crypto operation against today’s digital risks.

#CryptoInsurance #DigitalRiskManagement #CyberLiability #CryptoSecurity #BlockchainRisks

Headed to College? Safety and Insurance Tips Every Student (and Parent) Should Know

Posted under Homeowner’s Insurance, Personal Insurance.

As your child heads off to college, there’s more to think about than just textbooks, dorm décor, and meal plans. It’s also the perfect time to talk about safety and review your insurance coverage. Whether they’re living in a dorm or off-campus, your student is taking on new responsibilities—and your insurance plan should be ready to support them.

Here are some important tips to keep your college-bound child protected:

1. Know What’s Covered in the Dorm

Most homeowners insurance policies extend coverage to a student’s belongings if they’re living in a dorm and are a full-time student. But coverage is often limited (typically 10% of your home’s personal property limit), so review your policy carefully. Expensive electronics like laptops, tablets, and gaming systems may need additional protection.

Tip: Create an inventory of your student’s valuables before they leave and check if a renter’s or personal articles policy is necessary.

2. Off-Campus Living Requires Extra Coverage

If your student is renting an apartment off-campus, your homeowners policy usually doesn’t cover their belongings. In that case, renter’s insurance is a smart and affordable option that covers theft, fire, water damage, and even liability.

3. Car Insurance: Keep It Current

If your student is taking a car to school, notify your insurance company of the new location. Rates can change depending on where the car is primarily kept. If they’re not bringing a vehicle, you might qualify for a “student away at school” discount keeping them covered while potentially lowering your premium.

4. Teach Cyber Safety

College students are especially vulnerable to cybercrime, phishing, and identity theft. Talk about strong passwords, safe internet practices, and protecting personal data. Some insurance providers offer identity theft protection as an add-on or stand-alone policy.

5. Health Coverage Check-Up

Most students can stay on a parent’s health plan until age 26, but it’s smart to confirm network availability near their campus. Many colleges offer student health plans as well, which might be a better fit depending on your coverage.

Going to college is a big transition—make sure your insurance plan meets your needs. Need help reviewing your policies or setting up coverage for your student? We’re here to help. Call us today or contact us online to make sure your family is fully prepared for this next chapter.

insurance

Why Are Commercial Insurance Premiums Increasing?

Posted under Commercial Insurance, News and Announcements.

If your business has seen a rise in commercial insurance premiums lately, you’re not alone. Many business owners across industries are noticing higher costs at renewal even if they haven’t filed a claim.

So, what’s driving the increase? Here are the main reasons behind the rising premiums in today’s commercial insurance market:

1. More Frequent and Costly Claims

Across the board, insurance companies are paying out more in claims than ever before. Whether it’s due to severe weather events, property losses, cyberattacks, or legal liability, the number and cost of claims have climbed. That leads insurers to raise premiums to keep up with losses.

Example: One fire or flood can shut down a business for months and cost hundreds of thousands of dollars. That risk is now baked into the price of coverage.

2. Inflation and Rising Replacement Costs

The cost of rebuilding a property, replacing damaged equipment, or covering employee injuries has gone up significantly. Construction materials, labor, and medical expenses have all surged. As those costs rise, so does the amount insurers need to pay when claims happen leading to higher premiums.

3. Increased Cyber Risk

Cybercrime is now one of the top threats facing businesses of all sizes. As attacks become more sophisticated and frequent, cyber insurance claims have skyrocketed. Even if you’re not buying cyber coverage, the ripple effect is felt across the industry, pushing up premiums for everyone.

4. Litigation Trends and Larger Lawsuits

We’re living in a more litigious world. Jury awards and settlements are increasing, especially in liability cases. This “social inflation” is causing insurers to pay more per claim especially in industries like construction, healthcare, and transportation.

Bottom line: Higher legal costs mean higher insurance premiums.

5. Reinsurance Costs Are Climbing

Insurers don’t carry all the risk themselves they buy insurance too, called reinsurance. When reinsurers raise their prices due to global risks (like wildfires, hurricanes, or pandemics), primary insurers pass those increases down to businesses through higher premiums.

What Can You Do About It?

While you can’t control the insurance market, you can take steps to manage your risk and potentially offset premium increases:

  • Work with an experienced agent who can shop multiple carriers and find the right fit.
  • Review your policies annually to make sure you’re not over- or under-insured.
  • Invest in risk management to reduce the chance of claims and improve your insurability.
  • Bundle coverage where appropriate for better pricing.

Premium increases aren’t ideal, but they’re part of a larger trend in the insurance landscape. The key is being proactive, informed, and working with someone who knows how to navigate the current market.

Want help reviewing your commercial insurance plan? We’ll walk you through your options and help you make the smartest decisions for your business.

Rising Insurance Costs: Why Affordability Is the #1 Concern in 2025

Posted under Auto Insurance, Commercial Insurance, Cyber Liability, Homeowner’s Insurance, Life Insurance.

For millions of Americans and especially small business owners the rising cost of insurance has become an urgent and frustrating challenge. While insurance is meant to provide peace of mind, the steep climb in premiums, deductibles, and out-of-pocket costs is creating more stress than security.

According to recent surveys, a staggering 68% of small business owners listed rising premiums as their top concern in 2025. This isn’t surprising when you consider the financial burden placed on employers trying to offer benefits and stay competitive. With inflation affecting everything from materials to labor, adding skyrocketing insurance premiums only increases the pressure on small businesses trying to survive.

But it’s not just business owners feeling the pinch. Even individuals who are insured are beginning to question the value of their policies. In the same set of studies, nearly half of Americans reported difficulty affording monthly premiums, and almost three-quarters said they worry about unexpected medical costs. These fears are well-founded. Surprise bills from out-of-network providers or denied claims can lead to financial strain even for those with decent coverage.

What’s fueling the surge? A mix of factors, including rising healthcare costs, increased climate-related claims, inflation, and provider consolidation, are all contributing to insurance companies raising rates. Moody’s reported that medical inflation and catastrophic loss events are likely to push premiums even higher through 2026.

As costs rise, so does confusion. People are having to make tough choices: choosing higher deductibles just to lower monthly premiums or forgoing coverage altogether. This can lead to underinsurance or lapses in protection, leaving families and businesses exposed to catastrophic risk.

So what’s the solution?

For starters, working with an independent insurance agent can help. Agents have access to multiple carriers and can tailor a plan to your needs and budget. They also understand the fine print helping you avoid costly gaps or overpriced policies.

It’s also important to reassess your coverage annually. With conditions changing rapidly, a policy that worked in 2023 might not be right in 2025.

Bottom line: Rising costs are a reality, but you don’t have to face them alone. Understanding your options, asking the right questions, and having a trusted advisor can make all the difference.