Understanding Home Insurance Premium Increases

Why your home insurance rates have gone up at renewal. If you are approaching the renewal period for your homeowners insurance policy, then your agent will send out a report documenting your current coverage and expected premium changes.  If your rates are increasing, you may be confused.  While you should always speak to your insurance provider to ensure that rate increases are not a mistake, there are some legitimate reasons why premiums increase at renewal time.  Here are some of the factors Read More