There are many factors that go into rate changes, here are some of the most common:
May not be what you want to hear, but general rate increases to happen! Insurance companies have to keep up with inflation, cost of repair and overall claims across the nation.
Claims play a big part in premium, claims are surcharged on policies and claim free discounts can be removed.
Most likely, your home rebuilding cost went up. Cost of materials go up, which means rebuilding costs go up!
We are here to help figure out why your home rate went up!