My home insurance cost went up significantly and looking to shop-around. Do people have experience doing so and have they been successful? Approximately cost went up 20%
Real Estate Agent · Melrose, MA · Member since 2016 · 99 posts · 41 votes
1y
Hey @Ana Escudero! I've experienced the same with my properties over the past couple of years. I can definitely provide a recommendation. I'll send you a message as I tried to post his contact info but BP didn't let me post it.
Property insurance renewals have been challenging the past few years, but there’s some stability with carriers heading into 2025. While rates may not decrease, the significant double-digit increases should level off. With property insurers’ profitability and trade combined ratios improving, we can expect some relief soon. Feel free to reach out—I’d be happy to assist!