Covered Egg
Covered Egg
Homeowners premiums are climbing fastest where catastrophe risk is repricing — wildfire, wind, water. Every increase is filed publicly with a state regulator long before it lands on your renewal. We read those filings and rebuild the math so you can see exactly how each carrier is pricing risk in your state.
PURE's own homeowners rate filings assume 45% of premium comes back as claims. Chubb files 59%, Cincinnati 58%, the market 58%. Its annual statement shows where the difference goes: 40.2 cents of every premium dollar to underwriting expense, against 24.8 at Chubb and 30.9 at Cincinnati — and five straight years of underwriting losses anyway.
Read →Insurers price you partly on a credit-based insurance score, but in most states the law only makes them refresh it once every three years. If your credit improved after you bought the policy, you can spend years paying a rate built on the old you — unless you use a little-known right to demand a re-rate once a year.
Read →Auto and home insurers increasingly price loyalty as a cost — your tenure becomes a rating input that pushes your renewal up, because customers who have stayed for years are less likely to leave over an increase. Switching these policies is cheap and frictionless, which is exactly why shopping defeats it.
Read →Tell us your carrier and state and we will notify you the moment they file a new rate change with your regulator.
Before you go
Insurers must file rate changes with state regulators, typically months before they take effect. Pick your line and carrier to see what’s already on the docket.