Why Your Home Insurance Premium Increased by 20% – Even If Only Your Neighbor’s House Burned Down
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JULY 31, 2025
Location and neighborhood claims history play a major role in rate calculations. Imagine this : You’ve done everything right, kept up with your home maintenance, paid your insurance premiums on time, never filed a claim. No damage to your home, no claims filed… and yet, your home insurance premium goes up at renewal.
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