Justin Young - SouthPoint Risk

07/24/2026

📣 A Quick Insurance Market Update

Been having a lot of conversations lately with business owners about what’s happening in the insurance market, so I thought I’d share a quick update.

Great News: Property insurance is starting to feel a little more favorable. We’re seeing more competition in pricing, and after several years of a tough property market, things are starting to soften. That doesn’t mean everyone is seeing lower premiums, but there is more opportunity and capacity in the market.

The not-so-good news: Liability is moving in the opposite direction. We’re seeing a harder market develop in areas like General Liability and Umbrella coverage. Claims costs continue to rise with nuclear verdicts, and carriers are becoming more selective about the risks they want to take on.

What does this mean for business owners?

👉 The property side of your insurance program may have more opportunities than it did a year or two ago. The market may have better pricing and terms for you.

👉 On the liability side, it’s becoming paramount to have a strong insurance strategy & risk controls, and willingness to adopt more preventive measures. The hardening market favors and rewards proactive management practices and risk prevention.

Every business is different, but the overall market is changing—and it's worth taking a fresh look at your insurance program if you have not done so in a while.

If you own a business and have questions about your own account, I'm always happy to talk through it. No sales pitch (I am not everything, to everyone). But sometimes it just helps to have someone explain what's actually going on and how you have more control than you think.

05/29/2026

Friendly commercial insurance reminders for the everyday business owner:

If you have a decent sized commercial insurance portfolio/account, the time to "shop" is 60-90 days from the renewal date.

Not the week of, or a couple days out. Minimum lead time is usually 30 days for it to get a fair shake with the underwriters. Hard to build a good narrative around an account with such little time.

If you have an independent agent, they are "supposed" to do the shopping for you every couple years or so. If you have an agent that has good carrier access, let them do the work for you.

If you want to learn real & practical ways to lower your insurance premiums and take control of your risk management, message me. There are some awesome tools and tips I can use to help you control your insurance costs.

Everyone thinks they are subject to the whims of the insurance carriers waving a magical wand, but in the commercial space, you have more leverage than you think!

03/14/2026

If you are 20-40(ish) years old, read this.

I have seen this scenario too many times now: Families, spouses, and children left with nothing in the aftermath of an unexpected and untimely death. Grieving, scrambling, debt burdened and GoFundMe aint cutting it.

It is devastating to watch, but so easily avoidable.

I do not care if you are married, single, kids, no kids. There is no better time to get your 20, 25, or 30 year term life insurance policy than right now.

Do not delay. I do not care who you go with, I just want to see you get it done. We all assume way too much about the next step, the next breath, the next day... so please do not make excuses, just do it.

TIPS, FACTS & TIMESAVERS:

LOCKED IN: Rates are locked for the length of the term and are based on at your age + health status of when you apply. This is an incentive to do it as young as possible. Don't wait.

- WORK COVERAGE: is not good enough. You should view it as supplemental coverage, and NOT primary coverage. Take ownership and get your own policy. Owned and paid by you. Designed for you.

- QUOTES: Life insurance quotes mean nothing. Your actual rate is determined in the underwriting process. Carriers look at medical records, driving record, prescription history, blood panel, urine and smoking/to***co status.

- WHO TO USE: Work with a trusted agent/broker. Do not feel like you need to inquire online. You will just get a ton of calls from strangers and they will sell your data. Use your network and if you have a Farm Bureau or Alfa agent for home and auto, work with them. They have good products, rates and excellent claims service. Additionally, I represent a host of good carriers like Auto Owners, Cincinnati, Banner, Protective, Lincoln Financial, and Symetra.

- HOW MUCH: I have an interactive calculator that I can send you that helps determine exactly how much coverage you need. Typically, I see folks going for $500k-$3m but it really depends on your individual profile and goals. Message me for the calculator (absolutely free and no obligation).

- MEDICAL: For benefit amounts over $500k, generally those will require blood and urine analysis with a physical (from the comfort of your home). Don't be a baby, it is not a big deal. Some companies have gotten really sharp with their analytics and can issue policies in larger amounts without needles and p*e.

- DON'T LIE: Do not lie on your application. Be 100% honest about to***co use, medical history and anything they ask you. You aint slick, they will catch it and could deny a claim if you are dishonest on your application.

- POLICY RIDERS: Ask your agent about Child Term Rider. This gives coverage for children and future children. Usually smaller amounts of 10-25k, but it is valuable coverage if they have medical issues that make them otherwise uninsurable. Ask about Waiver of Premium Rider & Accidental Death Benefit too. Another good option to ask about is Return of Premium (you get your money back if you outlive the policy).

The best time to put life insurance in place is before your family ever needs it. If this posts feels urgent, that's because it is.

11/05/2025

Had a great time representing SouthPoint Risk at the NWTF s***t shoot at Nashville Gun Club. Pictured are some fellow Risk Advisors at SPR, Gordon Sheucraft Brandon Hennessee and John Tatum (not pictured).

10/16/2025

Dump Truck Operators!! Take control of your insurance costs. You have options and a true advisor when you work with me. Let's get you some quotes!

Professional Risk Advisor based in Nashville.

07/15/2025

TRADE CONTRACTORS!! If your business works in electric, paint, concrete, HVAC, flooring, landscaping, masonry etc...UFG (united fire group) will quote across all lines of coverage on the same policy (one bill). They offer General Liability, Contractors Professional Liability, Workers Comp, Auto Liability, Umbrella, Tools and Equipment, Cyber liability and more - all in one bill/account. They are very price competitive and I would love the opportunity to earn your business!

06/12/2025

We have all the major national carriers like Travelers, Chubb, Hartford, Progressive, Liberty etc. Everyone has those...but we have a whole slew of wonderful regional carriers as seen below. Are you insured by any of these companies?

06/10/2025

05/13/2025

I would be remiss if I didn't mention this offering through Cincinnati Financial. They offer what they call a "work site life" program. This program is designed for companies that have at least 15 employees (but doesn't require full participation). In fact, as few as one person can sign up out of the 15 or more employees. Where this can be very important, heck - life changing... is for the people who have been told (or believe) that they are uninsurable due to a past or current diagnosis/illness. The program offers up to $100,000 of coverage with no medical exam, no questions asked. This also applies towards employee's spouses and their children. The policies are owned by the employee so the policies follow them regardless of their employment status. If you know someone who this could benefit, please share this post with them and or any HR managers or business owners that you may know.