Homeowners insurance costs will soon rise to pay for rough winter

homeowners insurance information institute winter snow ice

After a particularly damaging season, the cost of ice dams and water damage is about to affect premiums. In Massachusetts, homeowners insurance customers are about to start paying an average of 9 percent more in their premiums due to the impact of the damaging winter that was experienced throughout the state. The massive amount of snow and the exceptionally cold temperatures caused an abnormally large amount of damage. The extreme weather and large number of winter storms caused a notable rise in the number of homeowners insurance claims as well…

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