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BONUS: A look inside the Florida insurance market amid Hurricane Ian with Ryan Letzeiser of Obie
Power House
Inflation Impacts on Insurability
Inflation is just going to be fairly nasty until it gets under control but we anticipate premiums going up anywhere between 5 and 7 percent typically on a year over year basis. Our book as a whole is up I think 16 and a third percent year over year right now. A lot of that has to do with the fact that the cost to rebuild has just gotten really expensive, he says.
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