Insurance costs are still high, but the signs are there that the worst may be over, according to Josh Damico, vice president for insurance operations at Jerry.

Jerry, a digital insurance broker, published survey results showing that 17 percent of respondents were more likely to give insurers false information now that insurance costs were so much higher.

Ed Chung, CFO of Jerry, a site to shop insurance rates, doesn’t believe the storms will have a direct impact on overall car-insurance inflation. But after steep losses in certain states, auto insurers may have to pull out or hike premiums, he said. “As a result, the impacted states, such as Florida, may experience disproportionately higher insurance premium inflation over the coming months or quarters," Chung told MarketWatch.

Josh Damico of Jerry reckons the worst of the premium spikes are behind us because vehicle prices, parts and equipment are flattening out.

“The worst is behind us and we should continue to see more stability in rates going forward,” said Josh Damico, Jerry’s VP of insurance operations.

Car insurance rates are finally slowing down, according to Jerry's VP of Insurance Operations Josh Damico.