They are all losing money. Premiums have slowly increased in past decade yet inflation, cost to fix vehicles, theft, fraud and crime rise. Also, old homes having water leaks and many many other issues. Department of Insurance will not approve rate increases until recently. Earthquake insurance and commercial policies are still very easy to purchase. The issue is with personal lines auto and home. Nothing sketchy here in my opinion other than corrupt politicians and bad laws checking up to us.
They are all losing money. Premiums have slowly increased in past decade yet inflation, cost to fix vehicles, theft, fraud and crime rise. Also, old homes having water leaks and many many other issues. Department of Insurance will not approve rate increases until recently. Earthquake insurance and commercial policies are still very easy to purchase. The issue is with personal lines auto and home. Nothing sketchy here in my opinion other than corrupt politicians and bad laws checking up to us.