As another year comes to a close, now is the perfect time to review your insurance program and make sure your business is positioned for success in 2026. A year-end insurance checkup helps you uncover gaps, eliminate unnecessary costs, and ensure that your coverage aligns with your company’s growth and evolving risks. Markets change, payrolls fluctuate, and new exposures arise throughout the year — so before you head into renewal season, it’s essential to take a closer look at your protection. At Skyscraper Insurance, we believe that a proactive review today can prevent costly surprises tomorrow.
1. Review Your General Liability (GL) Coverage
Your General Liability Insurance protects your business against claims of bodily injury, property damage, and advertising injury. As your operations expand or shift, your exposure often changes too. Have you added new services, entered new markets, or signed new contracts this year? Each of these may affect your risk profile and the amount of liability coverage you need. Make sure your limits are high enough to protect against large claims or settlements. It’s also a good time to check that all subcontractors and vendors are properly insured and that your certificates of insurance (COIs) are up to date.
Businesses in construction, retail, manufacturing, and hospitality should pay special attention to their liability limits. Rising claim costs and “nuclear verdicts” — extremely high jury awards — have made it critical to reassess whether your policy still provides sufficient protection. If your business has grown or taken on new partnerships in 2025, this is the time to adjust your coverage before renewal.
2. Evaluate Your Property Insurance and Asset Values
Property values and replacement costs have fluctuated dramatically due to inflation and increased construction costs. It’s vital to ensure that your Commercial Property Insurance accurately reflects your building values, equipment, and inventory. Underinsurance can lead to significant losses if you ever need to file a claim. Review your policy’s coverage limits, deductibles, and coinsurance clauses to make sure they match the current market.
If you’ve made upgrades, installed new systems, or purchased additional equipment this year, update your policy accordingly. Likewise, if you’ve downsized or changed locations, you may be able to adjust coverage to reduce costs. Don’t forget to confirm that your policy includes Business Interruption Insurance, which helps replace lost income if your operations are forced to close due to a covered event.
3. Strengthen Your Cyber Liability Coverage
Cyber threats continue to grow in frequency and sophistication, and every business — regardless of size — is at risk. From phishing emails to ransomware attacks, one breach can lead to serious financial loss and reputational damage. If you haven’t already added Cyber Liability Insurance, now is the time. If you already have it, review the policy limits and sublimits to ensure they align with the scale of your operations and the sensitivity of the data you store.
Make sure your coverage includes incident response costs, data restoration, business interruption, and regulatory fines. Many policies also offer proactive services, such as employee training and breach monitoring tools. Strengthening your cyber coverage before renewal helps your business stay resilient in a world where digital risk is always evolving.
4. Audit Your Commercial Auto and Fleet Coverage
If your business owns or operates vehicles — from delivery vans to service trucks — it’s important to evaluate your Commercial Auto Insurance. Confirm that all vehicles and drivers are listed correctly, and remove any outdated information that could affect premiums. For fleets, telematics technology can help track driver behavior, reduce accident frequency, and potentially lower costs.
Businesses that lease or rent vehicles should also carry Hired and Non-Owned Auto Coverage to protect against accidents involving vehicles not owned by the company. Review liability limits, deductibles, and physical damage coverage for accuracy, and make sure your policy aligns with current fleet usage.
5. Reassess Your Workers Compensation Program
Your workforce may have changed over the past year — through hiring, layoffs, or shifts in job roles. These changes can impact your Workers Compensation Insurance premiums. Review your payroll estimates, class codes, and loss history to ensure accuracy before renewal. If you’ve experienced fewer claims or improved safety procedures, you may qualify for lower rates or credits.
For businesses looking to improve cash flow, consider Pay-As-You-Go Workers Comp, which allows you to pay premiums based on actual payroll each period rather than annual estimates. This reduces the likelihood of audit adjustments and keeps your budget predictable. Skyscraper Insurance can help you analyze your current program and find savings opportunities with top-rated carriers.
Get Ready for 2026 with Confidence
The end of the year isn’t just about closing the books — it’s about setting your business up for continued success. A thorough insurance review ensures that your coverage keeps pace with your growth, protects your employees and assets, and aligns with your financial goals.
At Skyscraper Insurance, our specialists make the process simple. We’ll conduct a personalized coverage review, identify potential savings, and ensure you’re fully protected heading into the new year. Whether you’re in construction, real estate, retail, healthcare, or professional services, we’re here to help you start 2026 strong.
👉 Get a Free Year-End Coverage Review today and make sure your business is ready for whatever the new year brings.
