This is for auto insurance - not home insurance. I can't see prices coming down ever!! The insurance companies lost $54 billion on auto insurance in the past three years! Perhaps it is those roundabouts!! It appears that the underwriting departments are not doing a great job!
In 2021, insurers’ personal auto businesses started recording losses. According to David Blades, an analyst for AM Best, the industry lost $4 billion in 2021, $33 billion in 2022 and roughly $17 billion last year.
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