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Homeownership comes with its surprises — a flooded basement, a busted furnace or a fence damaged by a fallen tree. And when surprises strike, the first question often is: Will my home insurance cover it? But recently the cost of home insurance itself has shocked Washington homeowners.   With some seeing their premiums increase as much […]

Insuring a Seattle-area home now costs more. Here’s why.

Market Update

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While the rising cost of auto insurance is pushing up the official inflation rate, there is a stealth insurance cost that isn’t showing up in the consumer price index – homeowners insurance.  Along with high mortgage rates and record home prices, soaring insurance rates are just one more thing putting pressure on the cost of […]

Homeowners Insurance is a Stealth Inflation Driver

Market Update