Survey shows consumers don't like insurance price

A recent survey revealed that consumers are not satisifed with the price of insurance. Most feel that it is priced to high. My thought is this, the recent years has seen some of the lowest insurance rates in recent history. The fact that consumers are still disatisfied with the pricing tells me that consumers just don't like paying for insurance at all. Since the majority of policyholders do not have claims, most people pay insurance premiums each year and never use the insurance. I think this is the reason people don't like the price of insurance. The price they are paying is for coverage they may never use. This has plaqued insurance since it's inception. it will never change. Until next time be careful out there and know your risks.  K

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