Will Prices Go Up Drastically-Again, with the Hurricanes In Florida

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  • Chris SeveneyBusiness Member
    Moderator
    Investor · VA · Member since 2015 · 21k+ posts · 19k+ votes
    1y

    @Mario Morales

    Insurance prices - yes they will continue to rise across the nation. The all-in podcast this past week just had a great discussion on this topic

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  • James Hamling
    Real Estate Broker · Minneapolis, MN · Member since 2011 · 5k+ posts · 6k+ votes
    1y

    Keep in mind @Mario Morales that they take premiums, invest them so there is a profit component on invested returns, and hence amplifies how far the $ can spread on payouts. 

    less than stellar returns and expanding claims, yes, rising premiums is a certainty. 

    At same time there operations costs are also expanding due to wage inflation naturally fallowing the "everything inflation" so yeah.... Not a recipe for savings. 

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