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Posted on 7/29/14 at 10:33 pm to Paul Allen
quote:
Homeowners Ins: Rate increase is too muchSome insurance companies raised their HO rates by 40%.
It wouldn't surprise me if they still lose money after that rate hike.
Loss ratios have been over 200% in many parts of the country for several years.
I would expect more rate hikes (15-30%).
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