Quote:
Originally Posted by Rainger99
According to the Office of Coastal Management, the U.S. has an average of 18 weather and climate disasters annually.
In 2023, there were 28 weather and climate disasters with losses exceeding $1 billion. The combined total cost of these 2023 disasters was $93.1 billion.
I do not see insurance companies lowering rates.
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Eight property companies have filed through state to lower premiums on average 5.9%. The new laws passed by the state are making a difference and helping stabilize the markets.