I don't know if you'll ever get any insurance industry personnel to admit this, but it's pretty easy to check with historical data if you've been buying a/c insurance long enough. A/C rates are much more dependent on the stock market than the actuarial market. Stock market's down? Your rates are going up. Stock market's up? Your rates are going down. Insurance companies make their money from investing your premiums, not from the spread between premiums and payouts. If the investment market goes down, they quit making monster profits and partially make up for it by raising our rates.
FWIW,
Charlie
Yep, there are a good many things that effect insurance rates, but this is one of the big ones that effect us all across the board.
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