February 3, 2022
(NU Property Casualty 360) - The Insurance Information Institute (I.I.I.) is known for insightful information and analysis on the property & casualty side of the insurance world. The organization recently pointed out that homeowners insurance is going up (again) — continuing at a rate beyond general consumer prices.
“Homeowners insurance premium rates are rising faster than inflation, S&P Global Market Intelligence data shows, and Triple-I’s chief insurance officer says they’re likely to keep climbing,” I.I.I. Senior Research Analyst Jeff Dunsavage wrote in a blog post. “From 2017 through 2020, premium rates are up 11.4% on average countrywide, according to S&P.”
By Charles Wasilewski
February 03, 2022
