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The Water Cooler
General Discussion
Did your car insurance go up?
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<blockquote data-quote="JD8" data-source="post: 3786573" data-attributes="member: 24"><p>ALL insurance is going up, not just property. We won't realize the storm damage from this year from an insurance perspective till maybe next year. Much of it is inflation based. The insurance carriers aren't making the money they were on their investments and they'll make up for it to please stockholders. I will say that with respect to auto claims, those are increasing significantly. Supply chain issues are making it worse. I'm basically on my 5th week of a rental because we cannot get parts for our SUV after a lady rear ended my wife. I'm seeing 65K+ trucks getting totaled because they can't find parts to fix them. Having a tough time to find the replacement too. </p><p></p><p></p><p>Yep, it's Brandon.</p></blockquote><p></p>
[QUOTE="JD8, post: 3786573, member: 24"] ALL insurance is going up, not just property. We won't realize the storm damage from this year from an insurance perspective till maybe next year. Much of it is inflation based. The insurance carriers aren't making the money they were on their investments and they'll make up for it to please stockholders. I will say that with respect to auto claims, those are increasing significantly. Supply chain issues are making it worse. I'm basically on my 5th week of a rental because we cannot get parts for our SUV after a lady rear ended my wife. I'm seeing 65K+ trucks getting totaled because they can't find parts to fix them. Having a tough time to find the replacement too. Yep, it's Brandon. [/QUOTE]
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Did your car insurance go up?
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