Storms Push Insurance Rates Sky-High

October 25, 2013

Insurance rates are going up, not only for townhome/condominium associations but also for single family dwellings. Carriers are reevaluating their underwriting procedures and increasing their rates. The driving force behind the increase is the weather. The carriers are now taking weather related losses into account when pricing a policy.

The link below will take you to an article that discusses what we are seeing in the market place.  

Read the Start Tribune article