Why Would My Home Insurance Go Up? 
The biggest driver of home insurance costs are claims . As the frequency and severity of claims go , so go insurance costs . In addition , insurance premiums have to be adjusted to cover the increasing costs of labor and materials required to rebuild and repair homes . Insurance companies are for-profit organizations who in addition to earning a profit must bring in enough to pay claims or they cease to exist . However , there are many adjustments that can be made in home insurance coverage that will lower costs . You will want to review those options with your insurance professional on an ongoing basis with a regular review of your needs . 