Insurance company keeps raising rates and making my mortgage payments go up. What should I do? 
Everything the guys said above is spot on ... . Check to make sure you have all your discounts . Also , ask about coverage you do n't need . Most home policies have coverage for `` other structures '' . This could be a detached garage , storage building , or a car port . If you have ZERO unattached structures on your property , ask that to be zeroed out !!! It 's not a lot of savings ... yet I 've seen $ 20 - $ 200 a year saved . DO NOT try to save by reducing your liability coverage . If money is tight now , think of how bad it will be if you are raked over the coals by an ambulance chasing lawyer !! Last I want to address the my rate statement . Yes , that is the amount you are paying each month . Sadly , most customers -LRB- just shy of ALL -RRB- come to me with no real idea of how insurance works . Think of it as OUR insurance . You are in a pool with thousands of others . As people keep jumping in the pool and splashing water out , the water must be replaced . Well , its not water its money instead of water that needs to be replenished . So if your neighbor does a cannon ball of a claim , say a fire , A LOT has to be replaced . Yes , the neighbors rate radically goes up . Yet everyone in the pool is sharing the overall risk in an area . Your rate will go up dues to inflation and because the pool needs to be replenished . SOMETIMES there is just too much crud in the pool . YOU CAN look into joining a new group of insureds that are in a cleaner pool . SHOP AROUND . If you have a question , reach out ! - gravy 