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Donald Trump: “Insurance companies are making far more than they're…”

Featuring: Donald Trump, Republican | President of the United States | National

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President Trump Makes an Announcement with the Secretary of War and the Secretary of the Navy

Published | Video Starts at 49:50

Your rates have to come way down. We're also going to meet with other insurance companies because under Biden, the insurance rates have gone through the roof. Auto insurance, home insurance. I mean, Insurance companies are making far more than they're entitled to make. So we're going to be doing that, but just in the meantime, we'll be meeting with the insurance companies in the first week, the first few days back in Washington because they're trying to come up with a proposal that will satisfy me. (49:50–49:55)

CLAIM

Asserts that insurance companies are earning excessive profits.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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