Everything is rising at a scary rate: Why car, home insurance costs are surging

Re:Everything is rising at a scary rate: Why car, home insur... by CamperBob2 on Sunday March 03, 2024 @12:42PM (#39582511)

I don't get the impression that natural disasters are becoming more frequent, necessarily, or even more severe. But rebuilding is becoming much more expensive, for the same reasons it's become so expensive to build anything in the first place.

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Re:Everything is rising at a scary rate: Why car, home insur... by duderoso on Sunday March 03, 2024 @01:16PM (#39582914)

Southern coast has seen an excessive amount of hurricane damage over the past five years. Check florida and gulf coast state insurance rates recently.

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Re:Everything is rising at a scary rate: Why car, home insur... by CamperBob2 on Sunday March 03, 2024 @02:08PM (#39583403)

Again, the point is that you can't just compare $X billion over the past N years with $Y billion during a different N-year period. The numbers have gone up dramatically even if the actual damage didn't.

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