@wwwdaveturney@EricRichards22 Consider if the 36 million uninsured drivers and homeowners in america were actually paying into the pool and not just syphoning from it, rates would be lower for everyone across the board.
You have to consider that every year you are with the same company the odds of you filing a claim with that company increases. The only way to keep your price from increasing is to shop around every year or use a broker who will do it for you
@DonnaBarford Its because even though these companies are increasing prices like crazy they are still paying out $1.10 in claims for every $1 in premium collected. Hurricane Beryl alone, even though it was a caregory 1, used up half of Texas’ catastrophe reserve for the year.