Just listened to a podcast from dailywire.com, that included a segment on insurance rates.“Avg” car INSURANCE is now $212/MONTH.
I pay $29.33.
“26% increase this year = biggest in 50 yrs”.
I have an older car, but what does a new one do that makes it worth an additional $2100+/yr to insure? Hope you’re below avg in that regard. I’ll keep driving my 10-year-old Camry with its mid-80K miles. Oh, my car payment is $0, btw.
Curious to hear what you pay.
Avg homeowners insurance is $1700, up 46% since pre-covid. That’s a lotta percentage.
I pay $1100, which was closer to avg that I expected, given home prices in places like NY, CA, etc. They told me I’m at recommended, which is double average. I feel better already. ???
Because of the sue-crazy world we live in, I carry an UMBRELLA policy that is not as expensive as you might think.
BUT….the foundation work we’re having done is NOT covered…..unless I can “prove a specific event” that caused that problem.
Insurance companies know how to play the numbers.