How come my insurance keeps going up each year when I’m not requesting any changes?

Home Insurance

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There are regular adjustments to insurance rates year to year. This comes down to many factors such as overall claims, costs of providing insurance as well as the rising rebuilding costs. Insurance rates are determined based on various factors including the details of your home and insurance history information. It is important to have regular conversations with your insurance broker and advise them of any updates or changes as certain updates can result in additional savings.