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Why are insurance premiums increasing?

Why are insurance premiums increasing?

by Cassie D | Jan 15, 2020 | Automobile Insurance, Home Insurance, Personal Insurance, Private Client Services

The fundamental purpose of an insurance company is to earn a reasonable profit for investors willing to invest money to underwrite risks and indemnify unpredictable losses. This is done by collecting premiums from many people with similar risks or assets, such as...

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