What does Trump’s reelection mean for home and auto insurance rates?

Today, we’re tackling a question on many homeowners' minds. Chase from Phoenix asked, "How do Trump’s policies impact home and auto insurance rates?"

✔️ Economic growth and inflation: Historically, Trump’s administration has focused on tax cuts and pro-business policies, which could reduce operational costs for insurers. This might stabilize or even lower premiums—assuming inflation is kept in check.
✔️ Impact of protectionist policies: However, if domestic manufacturing costs rise due to a protectionist agenda, material costs for home repairs could increase, potentially driving premiums up.
✔️ The balance: A focus on economic growth could benefit insurers and consumers, but rising material costs might offset those gains.

💬 We want to hear from you! What are your thoughts on how political policies impact your insurance costs? Share in the comments below!