Home and auto rates harden in 2024 Q1
Canadian personal auto and property insurance rates continue to climb year-over-year, showing double-digit increases in 2024 Q1.
Source: canadianunderwriter.ca
Applied Rating News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Applied Rating. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Applied Rating Today - Breaking & Trending Today
Home, auto rate increases in 2023 "highest...seen in years."
Auto insurance rates increased 10% in 2023 compared to 2022, and similarly home insurance rates saw an increase as well — up 6.6% last year.
Source: canadianunderwriter.ca
Where auto and home insurance rates are headed
Premiums rose year-over-year in all provinces in Canada in personal auto and personal property lines, Applied Systems said.
Source: canadianunderwriter.ca