Does Homeowners Insurance Increase Every Year? 
Most homeowners policies have an annual adjustment for the increased costs of construction . This raises the limits in the policy which also raises the premium . With each passing year the home grows older and that also affects the premium . Companies often reward customers who do not have claims and those discounts can have a substantial effect on your premium . Occasionally companies will file for and receive from the state insurance commissioner permission to raise the rates in a specific area due to losses that exceed the premiums received . 