Personal Lines Rates Inch Up in August: MarketScout

September 5, 2012

  • September 5, 2012 at 4:14 pm
    hoodwinked1 says:
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    Why would it come as a surprise that Insurance is on the rise. Homeowners policys will climb as the result of American Insurance companies having to ante up for litigation and then settlement when it comes as the result of Chinese Drywall. One would ask why when the company is a German manufactuer and a Chinese manufactuer.
    Welcome to the world of globalization,where products are made elswhere and the American consumer will ultimatly pay the cost through higher premiums.With foreign companies lack of manufacturing controls and the fraudulent business practice American insurance companies are going to help foot the bill .Seems like globalization means just the American consumer pays.

  • September 5, 2012 at 4:42 pm
    CSP says:
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    2%-3% increase, WHAT HAVE YOU BEEN SMOKING. Rates are going up at 20% to 30% in the Sacramento, CA, area.



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