Howdy! I know there are a lot of brokers and developers and investors on this board. I have learned a lot from the different ideas shared here. Wanted to pass some updates along to folks who might be interested. I work for a nationwide commercial insurance brokerage and I specialize in commercial properties.

What we are seeing is after a few tough years of rising premiums and shrinking carrier appetite, we're finally seeing some relief. Markets are loosening, capacity is returning, and property owners with solid risk management are starting to see better terms, something we haven't been able to say in a while.

That said, insurers are still watching valuations, maintenance, and catastrophe exposure closely. Even in a softer market, accuracy and preparation make all the difference. We are seeing the roof age play a big part in premium pricing all the way to flat out declination because of poor condition.

Investment properties remain as a tough asset to insure because of the non-owner occupied status but we are seeing carriers open up the appetite for more of that.

Advice from our side of the business: start early with the insurance conversation to give your broker plenty of lead time to find the right coverage at the most efficient price.