5 Common Factors That Increase Homeowners Insurance Rates

Two toy wooden houses next to a canvas with an upward trending green arrow indicating factors that increase homeowners insurance ratesHomeowners insurance rates tend to fluctuate from year to year. Sometimes the increase is such a minuscule amount that it goes unnoticed, and sometimes it’s significant enough to leave homeowners scratching their heads, wondering what lead the insurance company to raise it. While some of these increases are unavoidable, learning about these common factors that increase homeowners insurance rates can protect you from incurring a financial blow. [Read more…]