#premium-increases

#premium-increases

Climate change is increasing the frequency and severity of extreme weather events, affecting insurance policy approaches and premium rates.

Homeowners are facing significant premium increases, especially in catastrophe-prone areas, leading to financial strain and exploration of alternative risk management.

Insurance premiums are set to rise due to increasing climate risk, particularly in disaster-prone cities.

Miami is projected to face the highest increase in home insurance premiums over the next 30 years.

VHI's third premium increase in under a year signals ongoing healthcare cost inflation.

Irish Life, Laya, and VHI are increasing health insurance premiums for numerous plans, continuing a trend of rising costs despite market competition.

Health insurance premiums are set to increase by an average of 3% in March 2024, adding significant costs for families.

Car insurance premiums are rising due to increased repair costs, medical expenses, inflation, and supply chain issues, impacting even safe drivers like Lisa.

Teenage learner drivers are facing significant increases in car insurance premiums, with 17 year-olds paying up to 77% more this year.