Insurance premiums will only take the structure and liability exposure into consideration It’s no secret, your home value is probably half of what it was five years ago, but you may wonder why your insurance premium is still going up. The cost to rebuild and/ or repair your home, supplies, labor, etc. have not gone down, according to industry experts. These components are what insurance premiums are based upon. In fact, insurance premiums will only take the structure and liability exposure into consideration – which maybe ticking upwards based on…
Read MoreHome prices are down but insurance prices are up!
