According to Bankrate, U.S. home insurance premiums are up an average of 23% in 2024.
But, you can still save on rates if you’re strategic. Here are a few of our top tips:
️ Shop Around – We recommend that you review at least three estimates while taking into account any differences in the policy terms.
Increase Your Deductible – According to Nerdwallet, raising your deductible from $1,000 to $2,500, for example, could save you an average of 11% each year.
Make Strategic Home Improvements – Some projects—like updating your electrical system—can reduce your rates by making your home safer or less prone to damage.
