Elizabeth Guevara is a personal finance reporter who explains the world of business and economics and how it impacts your finances. She joined Investopedia in 2024. Scott Olson / Getty Image Insurers ...

In a year when affordability has become the watchword, homeowners are facing another growing pressure point: sharply rising insurance costs. Home insurance premiums are expected to increase by an ...

When Tom Bhramayana built his house in Denham Springs, La., just five years ago, his annual home insurance premium was $1,575. Today, it’s $5,000—and rising. “It’s a new house,” he says. “The roof’s ...

As premiums rise sharply, financial planners say homeowners still have levers they can pull – but only if they treat insurance as an active financial decision, not a passive bill. Home insurance ...