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DeepNewz, mobile.
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Insurance rates, including home and auto, are on the rise with significant increases reported by various insurers. Homeowners in fire- and flood-prone areas are facing non-renewals and limited policy options. Auto insurance premiums are at record highs, impacting drivers, with some resorting to strategies to cope with surging rates.
$ALL Allstate's 13.4% Y/Y jump in auto insurance prices in Q1 was very hot, but less than the ~22% auto insurance increase included in the latest CPI
California's largest home insurer announced it's not renewing roughly 30,000 policies in the state. https://t.co/ObGtUjK75G
This is one way for drivers to deal with surging #autoinsurance rates 👇 - by the way, technically, this should lower #CPI, as the basket weight should drop if fewer drivers carry insurance Yikes 😳 @fs_insight https://t.co/5d2DS0u71I #wednesdaythought https://t.co/F1pgnJjyo1
