The nationwide rate hike is now less than one percent, at .67 percent, that’s the lowest since 2022. Breitbart Correspondent, Warner Todd Huston, says the numbers were significantly higher.
“It had been going up anywhere from 10 to almost 20 percent.” Huston said.
He credits the president’s border policies and crackdown on the illegals committing crimes.
“The organized criminal networks have been losing their foot soldiers in a lot of ways.” He said.
In turn, lowering the number of claims- the insurance companies cover lowering rates for consumers.
Huston says soft on migration/high- crime blue states have the highest rates. “New Jersey is constantly in the top of the ‘worst of the worst’ for taxes and costs, and things like that. It’s not surprising that New Jersey leads the list. New York is right up there, so is California, and Washington DC- of course. They all have the same lenient policies on migration.” Huston said.
He also credits Trump economics, as he has reduced inflation and the cost of goods- showing a growth in the economy of 5.4 percent. As car repairs are reduced, along with cost of oil and gas, this has lowered costs for everyone.
Under Trump’s low-migration policies, Americans’ wages are up, housing costs are down, inflation has decreased, transport costs are shrinking, crime is dropping, and insurance companies can pass along the savings to consumers. Let’s hope it can stay this way.
Based in New York, Stephen Freeman is a Senior Editor at Trending Insurance News. Previously he has worked for Forbes and The Huffington Post. Steven is a graduate of Risk Management at the University of New York.