Shop your homeowners insurance annually

Didier Malagies • August 18, 2025


yes — shopping for your homeowners' insurance annually is generally a smart move.


Here’s why:


1. Rates change more than you think.

Insurance companies regularly adjust premiums based on inflation, claims data, weather patterns, and even changes to your credit or risk profile. A company that was cheapest two years ago might now be in the middle of the pack.


2. Your coverage needs can shift.

If you’ve renovated, added security systems, bought expensive personal items, or paid off your mortgage, you may need to adjust your coverage — and some insurers may reward those updates with lower rates.


3. Loyalty discounts can fade.

While some insurers offer loyalty perks, others quietly raise rates on long-term customers (“price optimization”), counting on you not to shop around.


4. Bundling opportunities change.

If you’ve switched auto or other policies, you might qualify for better bundle discounts elsewhere.


Tips for shopping annually:


Compare at least 3–4 quotes.


Match coverage limits exactly when comparing prices — don’t just look at the premium.


Check both local agents and online marketplaces.


Ask about claim satisfaction and financial stability, not just price.


Reassess your deductibles; a higher deductible can lower your premium.


tune in and learn https://www.ddamortgage.com/blog


didier malagies nmls#212566

dda mortgayge nmls#324329



Ask a Mortgage Question

Use the form below and we will give your our expert answers!

203H Ask A Question


Start Your Loan with DDA today

Your local Mortgage Broker

Mortgage Broker Largo
See our Reviews


Looking for more details? Listen to our extended podcast! 

Check out our other helpful videos to learn more about credit and residential mortgages.

By DDA Mortage May 18, 2026
Wondering if you qualify for a Conventional, FHA, VA, or Bank Statement Mortgage? Learn requirements and how DDA Mortgage can help you get approved.
By DDA Mortage May 12, 2026
Explore how the average age of first-time homebuyers has shifted from 29 in 1980 to 38 in 2025. Understand market trends and what it means for you.
By DDA Mortage May 5, 2026
Discover how AI is transforming the mortgage industry, from closing loans faster to generating daily leads through social media. Adapt and thrive with AI.
Show More