What Makes Homeowners Insurance Go Up? 
In general , Homeowners Insurance premiums , like all insurance premiums , reflect the amount of risk that the insurance company has determined there to be and their loss and cost experience with these risks . There are many factors that are included in rate development within the above mentioned categories . A couple of examples can be the home 's location in relation to a fire department and hydrant . Homeowners policies , for the most part , include some form of an `` inflation guard '' provision meaning that the dwelling amount will be adjusted each renewal to reflect increased costs due to inflation . Substantial renovations on a home can markedly increase the replacement value of that home and as the dwelling amount increases , so too would the proportional premium . Talk to your insurance professional about your deductible options as well as any discount opportunities in order to manage any increases . 