Why Does My Homeowners Insurance Go Up Every Year? 
Your homeowners policy probably has a provision that increases the property coverages annually . The purpose of this provision is to compensate for the increased cost of construction . This raises the amount of coverage , and the premium every year . It is possible that you company has taken a rate increase in your state and that might be reflected in your premium . The state insurance commissioner must approve rate increases and the company must demonstrate that they are not collecting enough premiums to pay all of their potential claims based upon the claims history of the company in the past couple of years . 