We’ve all felt the pinch of rising premiums over the last few years, but the latest industry reports from today (Dec 12) are showing some promising green shoots! 🌱
Experts are predicting that reinsurance rates could drop by double digits in 2026.
Why does this matter to you? Reinsurance is basically "insurance for insurance companies." When their costs go down, it often eventually trickles down to stabilize rates for homeowners and business policies. 📉
While we aren't out of the woods yet—especially with repair costs still high—this is the strongest signal we've seen in a long time that the market is beginning to "soften" (industry speak for "calm down").
👉 Tip for 2026: If you’ve been afraid to shop your policy because you thought rates were only going up, early 2026 might be the perfect time to review your coverage options.
#InsuranceNews #2026Outlook #HomeownersInsurance #SmallBiz #GoodNews