Home and Auto Insurance Rates on the Rise
As Georgians struggle to cope with an ongoing recession, their car and home insurance rates are on the rise.
Hit hard by storms and losses on Wall Street, insurance companies have been hiking their rates this year in Georgia and in other states.
According to the Georgia Department of Insurance, four of the largest insurance companies operating in Georgia are raising their average homeowners’ insurance rates by 5 to 11 percent this year.