2024 LISTENER FAVORITE #5 - The Revealing Inside Story Behind Homeowner’s Insurance Rates and Rate Increases
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Show Notes
In the Replay today, Mike talks about the final stages of his Kitchen/Laundry Room reno.
In our Feature today Matthew Carletti, who monitors the homeowner’s
insurance industry for Citizens JMP Securities, explains the science and
rational behind the setting of homeowner’s insurance ratees. Surprisingly,
two families who live on the same street and are covered by the same
insurer can be paying two very dffferent rates. Not so surprisingly, both
national and regional insurers who have suffered huge losses because of
natural and man-made disasters spread their losses across their entire
book of business. This interview brings real clarity to the cost and
coverage offered by homeowner’s insurance providers.