LOUISVILLE, Ky. (WDRB) -- If you own a car, you know that insurance rates have been going up, but the bigger rate hike many people don't even notice in some cases is rising homeowners insurance.
Some insurers are blaming rising replacement costs, while others say extreme weather is one of the main reasons, along with inflation and much higher repair costs.
The good news is there are some surprisingly simple ways to lower that rate.
Most people auto-renew their policies rather than shopping around for different quotes.
Shopping around on sites like Zebra or Insurify can get you a lower rate, also ask your insurance provider about discounts that are available, such as bundling or going paperless.
If all else fails, you can raise your deductible.
One last thought - bundling your homeowners and auto insurance can give you a 15% discount or more.
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