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📢 Why Are Insurance Rates Skyrocketing? 💸📈
🤔Have you noticed your insurance premiums climbing higher than ever? You're not alone! 🚨🔥
🤝🧑Join Michael Silverman, President & CEO of Silver Lining Insurance Agency, as he breaks down the real reasons behind these rising costs.
🔍 Why are rates soaring?
🏗️ Construction & Replacement Costs – The price of materials and labor has surged.
⚖️ Record Claim Payouts – Insurance companies are facing massive losses.
🏛️ State Regulations & Policy Changes – Legislative shifts are impacting premiums.
💰 Inflation & Economic Factors – Just like groceries and gas, insurance costs are climbing too.
📑 From Florida to California to New York, no one is escaping these price hikes. 😩
💬 Have you seen a major rate increase? How is it affecting you? Share your thoughts below! ⬇️
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