{"id":103,"date":"2025-11-26T12:00:00","date_gmt":"2025-11-26T18:00:00","guid":{"rendered":"https:\/\/www.lmifs.com\/blog\/?p=103"},"modified":"2025-11-07T08:34:31","modified_gmt":"2025-11-07T14:34:31","slug":"how-nuclear-verdicts-affect-your-insurance-premiums","status":"publish","type":"post","link":"https:\/\/www.lmifs.com\/blog\/how-nuclear-verdicts-affect-your-insurance-premiums\/","title":{"rendered":"How \u201cNuclear Verdicts\u201d Affect Your Insurance Premiums"},"content":{"rendered":"

If you’re a business owner, you’ll need to protect your company’s assets by purchasing commercial insurance. Many company executives seek assistance with choosing the right insurance for their company’s needs. If your company is in the Bronx, NY area, our team at L M Insurance & Financial Services LLC can help you discover the insurance options that work best for your business.<\/p>\n

How “Nuclear Verdicts” Affect Your Insurance Premiums<\/h2>\n

Have you heard of “nuclear verdicts”? The term typically refers to judgments for plaintiffs in excess of $10 million. These higher judgments are appearing more frequently, which is contributing to a nationwide rise in the cost of commercial insurance premiums. This can place a burden on small businesses, which typically tend to purchase basic policies, but it’s important to make sure you’re not underinsured.<\/p>\n

Call Us Today for Your Appointment<\/h2>\n

Your business represents your hopes for the future, and for your employees’ futures. Our team at L M Insurance & Financial Services LLC understands your need to protect your investment with the right commercial insurance policy. Corporate clients in the Bronx, NY area have learned they can rely on us for responsive customer service. Call us for an appointment today and allow us the privilege of working with your company.<\/p>\n","protected":false},"excerpt":{"rendered":"

If you’re a business owner, you’ll need to protect your company’s assets by purchasing commercial insurance. Many company executives seek assistance with choosing the right insurance for their company’s needs. If your company is in the Bronx, NY area, our team at L M Insurance & Financial Services LLC can help you discover the insurance […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[16,19,15,8,17],"class_list":["post-103","post","type-post","status-publish","format-standard","hentry","category-commercial-insurance","tag-bronx","tag-commercial","tag-insurance","tag-l-m-insurance-financial-services-llc","tag-ny"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t