What causes homeowners insurance to be high?

What causes homeowners insurance to be high?

The most common reason is an increase in the cost to rebuild your home. Home reconstruction costs, including labor and materials, can go up due to changes in the market and the effects of inflation. Remodeling and improvements can also result in higher replacement cost.

What does U1 mean on insurance card?

Uninsured Motor Vehicle Coverage (U and U1) Coverage U pays damages when an insured is injured in a car accident caused by another person who does not have any liability insurance.

What is CA full coverage?

Full coverage insurance in California is usually defined as a policy that provides more than the state’s minimum liability coverage, which is $15,000 in bodily injury coverage per person, up to $30,000 per accident, and $5,000 in property damage coverage. Apr 9, 2020