Cheapo Dad's Trip Report on the Navigator of the Seas (Maybe with few pictures added)...

[Coralc]

1 hour ago, harryfat1 said:

The only reason I can think of rates being somewhat lower may be because the state created a bureaucratic office of Insurance Commissioner that regulates the insurance industry so that might have artificially kept the rates lower. 

 

If the insurance company wants to do business in the state, the commissioner's office has some pricing rules/restrictions that may have influenced the rate.  But now if they just pull out and leave, that means less competition for the remaining few companies and that can't be good news on the rates...

 

 

The insurance companies want to be able use their future predicting algorithms to determine how disaster prone and risky we are to set their rates.  🙄 So far, the state (Insurance Commissioner) has prohibited them from setting rates that way. But guess who will probably end up losing out? ☺️