As we shared last quarter, we continue to see competitor rates climb related to physical damage inflation. Here is a look at the latest changes estimated from filings and ITC data:
Mercury +6.5%
Economy +9.9%
Clearcover +9.1%
Elephant +6.6%
Gainsco +10%
Hallmark +15%
Apollo +6.5%
Aspen +12%
United +10%
Alinsco +9%
I am always available to discuss market items with you. Please reach out any time.
Here's a look at 2021 at which states have the highest insurance rates. Currently Texas is 15th.
For more stats visit www.statista.com
In service,
Don Owens