According to CNBC, the average cost of auto insurance rose more than 25% this year. In some states, that number was 40%! Many homeowners saw double-digit premium increases this year, too. So, what's going on? It's not just inflation driving up costs; it's more extreme weather patterns for homeowners and more accidents and more complex cars for drivers. But maybe you're saying, 'Wait, we don't live in the hurricane zones of Florida or deal with wildfire threats in California'. That's true, but the Midwest is experiencing more convective storms that deliver damaging hail and deadly tornadoes. Whether it's your home or the car in your driveway or both, now more than ever, you need an insurance professional guiding you. If you think about it, it's similar to investing (with a pro, we might add), in that insurance is about managing risk and managing money to set aside for a calamity. For episode 13, Andy welcomes Matt Dowds from USI Insurance Services. They cover the whole gamut: home, auto, umbrella policies and how to find your comfort level in a rapidly changing industry that demands expertise, knowledge and proper guidance from a fiduciary.

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So why has your home and auto insurance gone up? Well .. it's complicated.

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