Trend | Range | |
---|---|---|
Homes under $1,000,000 | +10% to +14% | |
Homes over $1,000,000 | +14% to +18% | |
Cat-exposed | +20% to +50% w/ restrictions and/or non-renewal | |
Cat-exposed and/or losses | +50% or non-renewal | |
Auto | +15% to +20% |
Auto rate increases show no sign of slowing down.
Home insurers have taken a defensive position due to extreme weather conditions.
High limits of excess liability become elusive.
Willis Towers Watson hopes you found the general information provided in this publication informative and helpful. The information contained herein is not intended to constitute legal or other professional advice and should not be relied upon in lieu of consultation with your own legal advisors. In the event you would like more information regarding your insurance coverage, please do not hesitate to reach out to us. In North America, Willis Towers Watson offers insurance products through licensed entities, including Willis Towers Watson Northeast, Inc. (in the United States) and Willis Canada Inc. (in Canada).