Late May Storms to Cost Insurers Up to $7 Billion: AIR

June 6, 2011

  • June 6, 2011 at 2:20 pm
    Don't Forget What Insurers Do... says:
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    The public and the press will soon forget that insurers paid this bill…

    I can see it now…”insurers never have to pay anything. They just take our money…”

    • June 8, 2011 at 2:29 pm
      Judy Bales says:
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      yes in a disaster a lot of money is poured back into the economy from the insurance companies.

  • June 8, 2011 at 2:27 pm
    Judy Bales says:
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    wondering if building costs increased in MO with this disaster since most of our clients have wanted to explore lowering their home insurance limits more in line with the depressed market value and we have to tell them we cant. In case of a disaster, costs can skyrocket and they could find themselves underinsured.



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