re: WSJ: "Insurers Rake In Profits as Customers Pay Soaring Premiums"

As an insurance agent, I would advise anyone to use a dual approach to keeping your rates down (pre-Ida rates are not there). Find a local independent agent. Post the question on social media and you will get recommendations. Let them quote all the options they have for the area. Then call State Farm, All State, Farm Bureau.

Depending on the area, sometimes independent agents have better options. Sometimes single line carriers have better products. The market will swing back, but it will be slow.

If your rate is doubling, it isn’t uncommon, it doesn’t mean you can’t do better.