Four Ways to Save Money on Home Insurance as Rates Rise

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Four Ways to Save Money on Home Insurance as Rates Rise
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Home-insurance premiums are rising. Here’s how to trim your bill.

strained monthly budgets. One more bigger bill to add to that list: home insurance.

Home insurance premium rates rose 9.3% from Jan. 1, 2021, through Nov. 25 on average nationwide, according to S&P Global Market Intelligence data. The Insurance Information Institute, an industry trade group, also known as Triple-I, said premiums are likely to rise further in 2023.

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