Did your 2023 homeowners insurance cost go way up? What are you paying?

[roger wiegand]

I hadn't thought about it for quite a while, probably because it has been unremarkable. I checked and our homeowners policy has increased a total of 8% over the past five years, something like 1.5% per year. Not that I'm worried about the insurance company, but either they were overcharging me by a lot earlier or they aren't keeping up with inflation. Living away from the coast in an area without many extreme weather events like tornados and hurricanes seems to make a big difference in rates. Stringent building codes seem to help as well as there's a lot less damage when there is a weather event. It's sure not that our construction costs haven't gone up.