Business Insurance
» Business Insurance, Volume 2, Issue 7, 2002
If respondent's business either purchases insurance OR is self-insured and purchases insurance.
4. For which ONE type of insurance has the cost per unit gone up the most in the last year or two?
| Response | ||||
|---|---|---|---|---|
| 1 | Property damage | 6 | ||
| 2 | Product or professional liability | 12 | ||
| 3 | Business interruption | 0 | ||
| 4 | Environment liability | 1 | ||
| 5 | Employee health | 33 | ||
| 6 | Slips and falls (Premise liability) | 2 | ||
| 7 | Vehicle collision and liability | 9 | ||
| 8 | Employment-related liability | 1 | ||
| 9 | Workers' Compensation | 12 | ||
| 10 | Other | 6 | ||
| 11 | Nothing has gone up | 5 | ||
| 12 | DK/Refuse | 13 | ||
| Total (%) | 100 | |||
| N | 687 | |||
Notes: Thirty-three (33) percent of small employers who purchase business insurance identify employee health as having the fastest rising premiums (Q#4).
