Insurance.comHome insurance rates rise: Here’s what’s to blameHome insurance rates have been climbing over the past few years, with homeowners facing sticker shock both on renewal and when shopping for new coverage. Following several years of devastating wildfires and hurricanes, along with increasing damage from storms nationwide, home insurance companies responded with rate increase requests. The more it costs to rebuild a home, the higher claim costs become, and insurance companies respond by increasing premiums to offset the additional expenses. High numbers of lawsuits, particularly in states where the law has been favorable toward those suing insurance companies, drive up costs for insurance companies, which are again passed on to consumers. Insurance.comWhere have homeowners insurance rates gone down?