The Past, the Present, & the Future of Home Insurance
Maybe we’re a little late to the party with Christmas references, but the new year seems about the right time for reflection: what the heck happened to home insurance in the last few years, what’s going on with it right now, and what’s going to happen in the near future? One of the most popular insurance questions around is the age-old, “why are my insurance rates going up?” When it comes to home insurance, that same question has only ever been reiterated for the last few years. Let’s dig in. How the pandemic impacted home insurance and premiums. The pandemic caused a number of unexpected closures in many industries, including the construction sector. The supply chain saw massive disruptions, with chip shortages resulting in a…
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