Why Your Home Insurance Premium Increased by 20% – Even If Only Your Neighbor’s House Burned Down
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JULY 31, 2025
Insurance companies generally apply a temporary surcharge lasting between 3 to 7 years after a nearby fire event or claim in your ZIP code. The CLUE report (Comprehensive Loss Underwriting Exchange) is a national database that holds claims data for up to seven years. Insurers use this report when setting premiums.
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