Why Has Home Insurance Gone Up?

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   Mark Bartlett CLCS

   Branch Owner, TWFG Insurance Services, Fremont California and the Greater Bay Area Representing Dozens of Insurance Carriers

   There could be several reasons why your homeowners insurance has gone up. One could be the amount of coverage has increased due to rising costs of construction. One could be your home is getting older. If you had a newer home you were afforded discounts that may be diminishing. Did you have a claim would be another reason. Or it just could be losses in your area have increased and this effects the whole. I would review your policy with your agent to make sure you are maximizing all available discounts.

   Answered on April 3, 2014

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