Magazine date:
Feb 2018 According to the data supplied by American banks, Morgan Stanley and Wells Fargo, the prices of property and homeowner's insurance are poised to undergo a significant increase in 2018.
Insurance tariffs have decreased by 50% during the previous five years. The latest increases date back to 2011 and 2012, following the high loss experience reported on the American market.
Higher tariffs estimated at 10% are likely to rise to 20% in the areas most exposed to natural disasters such as coastal regions of South East United States.
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