Clients be sure to watch your mailbox (yes we love technology, but the Novelty of a paper Newsletter is too great to pass up) for the Q 4 2024 Newsletter that is on its way!
Long story (more on this in the Video review) but the lead article is about the skyrocketing costs of insurance, in particular Homeowners and Auto…. the short answer is “The prices have also skyrocketed!”
Break In: At 3:50 am this morning – video of sleet hitting the 16 year olds window- Weather also effects our Homeowners!
55% Increase in average home prices over the last 5 years
Used car prices going UP?
Anyone who has ever owned a car for any period of time, understands for the most part, they go down in value…. Homes, not as much, but usually increase with the inflation rate…not as of late…
The conclusion – With a good Emergency fund, Higher Deductibles! Not careless increases though!!! We may be able to thwart some of these increases, sharing the burden of the insurance companies! More in the Newsletter and the Video review here!
Have a Great “Insurance Cost Analysis” Day!
John A. Kvale CFA, CFP
AI Content Authenticity: All of the following text content has been completed by myself and has not been edited or created by AI. Occasionally we do use AI for images and will note when appropriate.
Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth
Management firm.
