Homeowners' insurance premiums have been on the rise, and this year they are expected to go up a whopping five percent nationally. The average homeowners insurance premium this year will be $1,004.
Last week, we told you about rising homeowners' insurance premiums brought on by severe weather, both in New Jersey and across the country. But there are ways to keep a lid on those costs.
The year 2011 was a bad one in terms of the high number of homeowners' insurance claims for catastrophic weather events, and that will hit policyholders in their wallets.