What Is Driving Homeowner’s Insurance Rates Higher?
Regardless of whether you bought or sold your home recently, the value of your home rose, as did the cost to replace it. Supply and demand were the primary factors driving up resale prices; that’s understandable. But, damage to your home, or a total loss, also became much more costly in the past year. Let’s look at what is pushing construction costs and homeowner’s insurance premiums higher.
January 31, 2022
