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homeowner insurance premiumsInternational Business Times UK
•78% Informative
12% of homeowners in the US do not have home insurance, up from 5% in 2019 .
Insurance firms increased homeowner insurance premiums by over 11% in 2023 .
Rising premiums have become a significant burden for many US homeowners, who are already struggling with bills, groceries, and credit card debt.
Several measures can help reduce homeowners insurance premiums.
Bundling home insurance with auto insurance from the same insurer or improving your credit score can significantly lower your premiums.
Increasing the insurance deductible is one way to reduce premiums.
Improving security with deadbolt locks or burglar/fire alarms can help lower costs.
VR Score
80
Informative language
82
Neutral language
80
Article tone
informal
Language
English
Language complexity
57
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
8
Source diversity
7
Affiliate links
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