When there are widespread economic challenges, it’s no secret property and casualty business can be impacted as well. When costs are rising, customers need our guidance to understand how they can save money with customized policies to meet their individual needs. Our goal is for our customers to feel well protected – and never caught off guard or stretched beyond their budget. Customers should have the right protection for their needs and feel good about the price they pay.
Fast facts about Inflation
- US inflation hit a 40-year high in June 2022, as gas reached record prices.
- Average price of a used car is $30,754, up 60 percent since mid-2019.
- Average cost of replacement parts is $178, up 21.9 percent since year-end 2018.
- Average cost of motor vehicle labor costs has risen nearly 30 percent since year-end 2018.
- Medical inflation has risen over 14.3 percent since year-end 2018.
Please give us a call if you would like a quote and we are more than happy to assist.
Frazier Allstate Agency
Phone # (725) 220-8664
6771 W. Charleston Blvd. Suite B
Las Vegas, NV 89146