Member News

Central Florida Businesses: Expect Higher Insurance Costs This Year as Tariffs & Inflation Drive Up Rebuild Costs

If you run a business in Central Florida, be prepared: your commercial insurance premiums may be going up again this year. Tariffs, inflation, and a busy hurricane season are all driving up the cost of materials, equipment, and repairs — and that means higher insurance costs for many local companies. "We’re seeing a perfect storm for premium increases right now," says Tanya Rodriques, owner of Evolve Insurance Group in Altamonte Springs. "When the price of steel, lumber, and mechanical parts goes up, so