Tips to Save on Home Insurance (NewsUSA) - It's not wise to go without home insurance, but increasing costs can make paying for protection difficult.
Why the high costs? Some homeowners used low interest rates to move into larger homes, which need more coverage. Increased construction costs leave homes more expensive to replace. Experts predict that natural disasters will increase, making full coverage even more difficult and expensive in high-risk areas. Recent storms and fires have caused insurance companies to pay damages, so they raised premiums.