Skyrocketing insurance tariffs in the United States

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.

More news:

• The insurance industry in the United States