One of the factors used to calculate your insurance premium is the cost required to rebuild your home in the case of a fire, storm or other natural disaster. Your policy’s Coverage A accounts for the cost to rebuild and increases 2% to 3% each year upon renewal to cover standard inflation. Building material costs have increased 19% in the past 12 months.1 Inflation levels in the U.S. have not been this high in at least 13 years.2 Standard increases don’t account for the current reality. Without adjustments, if something happened to your home, you would not be fully protected.