Why Are Homeowners Insurance Rates Going Up? 
Great question ! Insurance rates go up for several reasons . The main one is due to the payouts they 've had to make - years like these past few with several violently destructive tornado 's and Hurricanes cause huge payouts on claims . The more they pay out , the more they need to take in . Other , more common reasons are the same rising costs of living that we face - it 's more expensive for gas , supplies , wages , etc. , so the prices go up to compensate . Thanks for asking ! 