Reviewed by Shannon Martin, Licensed Insurance Agent.
“Rates can go up for a variety of reasons. In your situation, this could mean that inflation or the cost to repair/rebuild your home has gone up exponentially. Booming home prices may also be to blame for the increased rate on your home insurance policy.
As states regulate insurance, there also could have been a state-wide increase.
With that said, you may want to ask your insurer if you can save money by adding a
. Jerry is your ultra-talented car insurance broker for life. No need to sit across from him at a desk—Jerry is an app! It takes less than a minute to sign up and you’ll be presented with competitive rates from up to 50 top providers.”
Jerry partners with more than 50 insurance companies, but our content is independently researched, written, and fact-checked by our team of editors and agents. We aren’t paid for reviews or other content.