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Home insurance premiums were up an average of 21%, according to a Policygenius analysis of policy renewals from May 2022 to May 2023. For homeowners whose premiums went up, the average increase ...
The average homeowners insurance premium jumped 33% from 2020 to 2023, rising from $1,902 per year to $2,530, according to 2024 research from economists at the University of Pennsylvania's Wharton ...
"From 2017 to 2022, homeowners insurance premiums rose 40% faster than inflation," a June report by the Bipartisan Policy Center says. For millions of households already struggling to make their ...
High home insurance prices are the new normal, according to insurance analysts
The article detailed the vast discrepancies between home insurance prices around the country, showing that while the national average home insurance premium was about 0.5% per $100,000 of the home ...
June 26, 2024 at 3:22 PM. ... And homeowners are expected to see an additional 6% increase in rates this year, ... despite the high price of homeowners insurance, Americans who own a home should ...
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