Pricing and Availability of Insurance is the topic in 2025 for the third year in a row. We all see the news, and when you have major wind and water events, wildfires happening with frequency and severity, you now have your answer.

Insurers are in the business, like any other business owner, to make money. The insurance companies have not made money at the current rate level charged for the increase claim activity related to climate change.

Homes, commercial buildings, autos, and trucks all have experienced huge loss activity to these weather events, which is driving the insurance premiums we are all witnessing.

We do not have control over the pricing structure that insurance carriers need to charge to stay in business.

As consumers, we need to accept more Risk (increased deductibles) and maintain your property and automobiles to mitigate loss activity that you can control. Insurers are looking to write business for clients who can prove to be responsible in maintaining their assets. Our options to help market your coverages depend on your risk management controls.

Sincerely,

Mark W. Matrone

President, John Andrade Insurance Agency Inc.