When it comes to home ownership, insurance is supposed to offer a peace of mind. However, skyrocketing premiums and non-renewal notices are leaving families stressed.
Investigative Reporter, Lisa Gill from Consumer Reports, joined “Live in the D” to break down how you can protect your home and your wallet.
Lisa explained how inflation, an increase in disasters, and the skyrocketing price of global insurance are a few reasons your insurance might seem expensive right now. Overall, it is costing insurance companies a lot more to operate, and that is all being passed down to their consumers.
For consumers who are worried their property is at risk of being dropped, Lisa advises contacting an independent insurance broker who can get you a broad range of options.
To find out more information and see a ranking of insurance companies, click on the video above.