My mom's MA home renewal up 25%. . Liberty Mutual
annual increase from a friend in Arizona was 40% . .
The personal property
was set at 75% of the value of the house. .
round numbers, house is insured at replacement value of $500K,
personal property replacement is at almost $400K. .
one can furnish 3 houses for $400K with basic appliances at $15-20K
and basic furniture $60K max
reduced the coverage to 40% the minimum which is $200K,
which reduced the increase to about 12% . . .
always check your coverages and question whether you are overpaying
for excess coverage. .
good luck
still a finance guy