Cost of Insurance! - 02/14/08 10:24 AM
In today's tight economy, I get asked daily why my insurance rates have gone up even though I have not filed a claim?  I want to dispel a couple of myths.
1)  Insurance companies seem to be looked at as non profits.  Insurance is a business just like any other business.  We are here to make a profit.  We have good years and we have bad years.  We have to keep up with inflation just like other companies.  Unlike other business, when we have a catastrophic event like Katrina we can never recoup those losses.  If we were able to try no … (1 comments)

 

Joe Smith

Beaverton, OR

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Liberty Mutual Insurance

Address: 16100 NW Cornell Rd, Suite 140, Beaverton, OR, 97006

Office Phone: (503) 439-8856 x 58587

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