Consumer Reports Advises on Lowering Homeowners Insurance Costs
Consumer Reports highlights strategies to reduce rising homeowners insurance costs, which have increased by an average of 24% over the past three years due to weather-related losses and inflation. Recommendations include shopping around for better rates, bundling insurance policies, and raising deductibles to lower premiums. Home improvements, such as roof repairs and installing security systems, can also lead to savings. Additionally, lifestyle choices, like pet ownership and recreational features, can impact insurance rates.