Are Your Home Insurance Premiums Constantly Rising?
In recent years, the cost of home insurance has been on the rise. While this trend may have initially seemed innocent, a shocking new discovery suggests that your neighbors might be to blame!
That's right, it's time to find out what your neighbors are up to when they think you're not looking so we can figure out why your premiums are going up.
In a recent study conducted by the Insurance Alliance of America (IAA), it was found that those who live near protected wetlands had an average annual premium that was $30 higher than those who lived in neighborhoods without any wetlands protection.
This is because wetlands are considered to be a high-risk area when it comes to flooding and other destructive weather conditions. So, as a result, your insurance company will be more wary of offering you insurance in these areas and as a result, will most likely raise your premium rates.
The reason this is understandable is because more severe weather conditions are occurring more frequently than ever before. So, while your neighbors may be the cause of your higher insurance rates, they are also looking out for themselves by not installing flood lights or other protection on their homes in a location that could result in flooding.
Of course, it is also all about how much you are willing to pay for insurance. If you live in a high risk area and still go with the cheaper policy, be prepared for an increase of $15-$20 every year! While I find this to be an interesting study, personally I would just put my life on hold until everything was fixed so that my premiums may drop back down to a more affordable rate.
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How To Lower Your Home Insurance Costs:
http://www.insurancealliance.org/news-publications/press-room/how-to-lower-your-homeowners-insurance...
Image Source: IAAPA Facebook Page https://m.facebook.com/groups/?ref=bookmarks
How to Lower Your Home Insurance Rates? Save money on home insurance... ...in a hurry? Don't worry, we've got you covered with our new infographic! We're sharing some of the most effective and easiest ways to reduce your home insurance premiums! [...MORE]
Image Source: http://www.insurancealliance.org/news-publications/press-room/how-to-lower-your-homeowners...
How to Lower Your Home Insurance Costs? Save money on home insurance... ...in a hurry? Don't worry, we've got you covered with our new infographic! We're sharing some of the most effective and easiest ways to reduce your home insurance premiums! [...MORE] Image Source: http://www.insurancealliance.org/news-publications/press-room/how-to-lower-your-homeowners...
How To Lower Your Home Insurance Rates? Save money on home insurance... ...in a hurry? Don't worry, we've got you covered with our new infographic! We're sharing some of the most effective and easiest ways to reduce your home insurance premiums! [...MORE]
Image Source: http://www.insurancealliance.org/news-publications/press-room/how-to-lower-your-homeowners...
How To Lower Your Home Insurance Rates? Save money on home insurance... ...in a hurry? Don't worry, we've got you covered with our new infographic! We're sharing some of the most effective and easiest ways to reduce your home insurance premiums! [...MORE] Image Source: http://www.insurancealliance.org/news-publications/press-room/how-to-lower-your-homeowners...
How To Lower Your Home Insurance Rates? Save money on home insurance... ...in a hurry? Don't worry, we've got you covered with our new infographic! We're sharing some of the most effective and easiest ways to reduce your home insurance premiums! [...MORE] Image Source: http://www.insurancealliance.org/news-publications/press-room/how-to-lower-your-homeowners...
How To Lower Your Home Insurance Rates? Save money on home insurance... ...in a hurry? Don't worry, we've got you covered with our new infographic! We're sharing some of the most effective and easiest ways to reduce your home insurance premiums! [...MORE]
Image Source: http://www.insurancealliance.org/news-publications/press-room/how-to-lower-your-homeowners...
How To Lower Your Home Insurance Rates? Save money on home insurance... ...in a hurry? Don't worry, we've got you covered with our new infographic! We're sharing some of the most effective and easiest ways to reduce your home insurance premiums! [...MORE] Image Source: http://www.insurancealliance.org/news-publications/press-room/how-to-lower-your-homeowners...
How To Lower Your Home Insurance Rates? Save money on home insurance... ...in a hurry? Don't worry, we've got you covered with our new infographic! We're sharing some of the most effective and easiest ways to reduce your home insurance premiums! [...MORE] Image Source: http://www.insurancealliance.org/news-publications/press-room/how-to-lower-your-homeowners...
How To Lower Your Home Insurance Rates? Save money on home insurance... ...in a hurry? Don't worry, we've got you covered with our new infographic! We're sharing some of the most effective and easiest ways to reduce your home insurance premiums! [...MORE] Image Source: http://www.insurancealliance.org/news-publications/press-room/how-to-lower-your-homeowners...
How To Lower Your Home Insurance Rates? Save money on home insurance... ...in a hurry? Don't worry, we've got you covered with our new infographic! We're sharing some of the most effective and easiest ways to reduce your home insurance premiums! [...MORE] Image Source: http://www.insurancealliance.org/news-publications/press-room/how-to-lower-your-homeowners...
How To Lower Your Home Insurance Rates? Save money on home insurance... ...in a hurry? Don't worry, we've got you covered with our new infographic! We're sharing some of the most effective and easiest ways to reduce your home insurance premiums! [...MORE] Image Source: http://www.insurancealliance.org/news-publications/press-room/how-to-lower-your-homeowners...
How To Lower Your Home Insurance Rates? Save money on home insurance... ...
Conclusion:
Well, this is the last post in this series! If you didn't like it, you can blame me :P Hopefully you've enjoyed them and learned a thing or two from it. I'm also pretty sure I have covered all of the fundamental and most important parts. If you have any questions or want to share any additional tips that you think should have been added, feel free to comment below! :) Thanks for reading! -Erin
Image source: http://www.insurancealliance.org/news-publications/press-room/how-to-lower-your-homeowners...
How To Lower Your Home Insurance Rates? Save money on home insurance... ...