TexasRancher
Well-known member
"destruction of supply chain" as in insurance companies getting out, less competition? or supply chain of repair parts?A farm and ranch policy is the cheapest thing going here.
It's got my house, barns, shop, equipment, trailers along with a million dollar liability policy.
All insurance is skyrocketing due to current fiscal policies and with the destruction of our supply chain.
I see two things happening...insurance companies dropping people in certain high risk locations...and individuals dropping their insurance altogether due to rising costs....which means less money for insurance companies so they raise prices on the remaining insurance holders...which can snowball if people decide to exit and self-insure.