Not Crazy: Insurance Premiums

Higher homeowner’s insurance premiums have been in the news. But are we just hearing about the extreme cases? This post is inspired by the FRED Blog post about property and casualty (P&C) insurance premium producer price indices. I dive a little deeper.

The insurance premium data is composed of seven components:

  1. Private passenger auto insurance
  2. Homeowner’s insurance
  3. Commercial auto insurance
  4. Non-auto liability insurance
  5. Commercial multiple peril insurance
  6. Worker’s compensation insurance
  7. Other property and casualty insurance

Non-auto liability insurance is further split up into A) medical malpractice insurance and B) other non-auto liability insurance.*

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