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Updated 3 months ago,

User Stats

200
Posts
86
Votes
Mario Morales
86
Votes |
200
Posts

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

Mario Morales
Posted

Will the Midwest and/or the entire country pay the price again?

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17,456
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15,034
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Chris Seveney
Lender
Pro Member
  • Investor
  • Virginia
15,034
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17,456
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Chris Seveney
Lender
Pro Member
  • Investor
  • Virginia
ModeratorReplied

@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

  • Chris Seveney
business profile image
7e investments
5.0 stars
15 Reviews

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4,052
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5,265
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James Hamling
Agent
#3 Real Estate News & Current Events Contributor
  • Real Estate Broker
  • Minneapolis, MN
5,265
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4,052
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James Hamling
Agent
#3 Real Estate News & Current Events Contributor
  • Real Estate Broker
  • Minneapolis, MN
Replied

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. 

  • James Hamling
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The REI REALTOR®
5.0 stars
7 Reviews
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