Home insurance rates are rising rapidly. According to a study by Guaranteed Rate Insurance, prices went up 23% last year and 55% since 2019.

It's no secret that the price of groceries continues to climb. Inflation, increased demand and supply-chain issues have caused prices to rise steadily for the past few years.

With homeowners’ insurance premiums expected to rise faster than inflation, Consumer Reports says yes, you should look at new options.