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Why are home insurance costs rising?

Home insurance rates are rising due to nationwide trends impacting the cost to rebuild homes in the event of a loss. This article details some of the key factors causing a rise in premiums, including more frequent and severe weather, higher material costs, labor shortages and more. Suggestions for insurance coverage to consider are included in order to have the right coverage and enough of it.

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Illustrated image of a neighborhood. Rain, fire, tornado and wind are impacting each home.













Hanover International Travel Assist

Hanover International Travel Assist can help you prepare for a successful journey abroad.

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collection of travel related stickers




Hail preparation and safety tips for businesses

Learn how to prepare your business before, during and after a hailstorm.

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Hail preparation and safety tips for homeowners

Learn how to prepare your home before, during and after a hailstorm.

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The talent environment is changing. Are you ready?

See statistics that illustrate the staffing challenges today's independent insurance agents face, and learn how The Hanover can help optimize agency efficiency.

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Headline reading The State of Agency Staffing, with an illustration of an office team collaborating in a modern workspace