Lived in my house for 16 years. HO insurance used to be $500/year.
Three years ago jumped to $900 Two years ago jumped to $1,100 Now this year to $1,549
$308k dwelling, sewer back-up/service line coverage. $1k deductible. No claims history.
How in the fuck do you explain a $450 increase in a year?? Something is not right here. Curious to see what others are experiencing.
Everyone is taking advantage of price gouging. Its a race to the bottom. All our insurance has doubled this last year down in Florida. Only thing I can do (since I have price shopped this) is to eliminate policies and coverage. I hope sanity comes back at some point.