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Started By
Message
re: Farm Bureau filed for another Home insurance rate increase
Posted on 10/31/23 at 2:38 pm to Grad92
Posted on 10/31/23 at 2:38 pm to Grad92
The insurance industry is struggling to make up for unprecedented inflation caused by both COVID shortages and Biden's failed economic policies. Farmers laid off 12% of its work force last week, GEICO 7.5%. The big companies aren't even writing in states like CA and FL right now because they're losing more per policy than they are collecting in premiums. It's only going to get worse before it gets better. Thank sleepy Joe in the meantime.
0
Posted on 10/31/23 at 2:41 pm to BamaCoaster
quote:
Not sure if y’all are paying attention, but costs of everything have gone up.
Insurance carriers are losing money.
Insurance carriers are not in the business of unprofitability.
They will raise rates accordingly.
Shop around or call a broker
*insurance carriers either stop writing for the state or charge $10,000 a year for coverage*
"Haha bro well if you don't like it just buy your house in cash bro"
"Wow bro don't you like the free market? Why not just start your own bank and insurance company bro"
Posted on 10/31/23 at 2:46 pm to tigersmanager
quote:For those that claim they care about insurance rates, no it's not.
Better than any democrat
His refusal to pursue MMA for their fraud and his acceptance of Zach Moseley's money (the day he was notified of his fraud) shows that. Landry cares about Landry.
Posted on 10/31/23 at 2:54 pm to Chad504boy
quote:
The real news here is "Farm Bureau is still writing in the state of Louisiana." People couldn't see good news if it slapped them in the face.
So you sell insurance. Got it
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