[ithos]

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.

What would you expect with inflation out of control the last three years?

What Is the Inflation for Each Year?
An average rate of inflation can be calculated for each year:

In 2023, the average rate of inflation was 4.1%.
In 2022, the average rate of inflation was 8.0%.
In 2021, the average rate of inflation was 4.7%.
In 2020, the average rate of inflation was 1.2%.

U.S. Bureau of Labor Statistics. "Historical Consumer Price Index for All Urban Consumers (CPI-U)."