Unexplained insurance premium hike?Make Text Bigger
Underwriter is Allianz. Previous annual increases, with no changes to the portfolio, have been 7.6%, 7.5, 4.6, 4.5. This time its 17.7%.
The broker is discussing it with the insurer and I am looking at going elsewhere of course.
I wondered whether there has been a general increase in LL insurance premiums, because I can’t find any evidence. Is it covid-related?
Thanks – Gunga Din
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