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Why did my homeowners insurance rates go up?

November 30, 2022

There is no shortage of reasons your home insurance rates may have gone up, but the likely culprits in 2022 are rising labor and construction costs due to inflation and expensive natural disasters. Around a month before the end of your policy term, your insurance company will send you a notice reminding you that your homeowners […]

Filed Under: American Heritage, Auto Tagged With: Home Insurance, homeowners insurance, house, inflation, insurance score, natural disaster

3 ways to reduce your homeowners insurance premium as costs rise in 2022

November 16, 2022

Homeowners may see an increase in their homeowners insurance premiums this year. In October 2021, S&P Global Market Intelligence reported a 3% to 30% rate hike in insurance premiums across major home insurance providers, with State Farm having the most significant rate increase. The report also found that Texas saw the most significant increase in homeowners insurance […]

Filed Under: American Heritage, Home Tagged With: homeowners insurance, inflation, labor costs, natural disaster, population, premium, Weather

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