Rates, Deductibles Both Jump
“April showers bring May flowers.”
“2011 insurance claims bring . . . 2012 rate increases.”
Ok, so it’s not as catchy, 
but it’s still definitely the case that record 2011 insurance claims — due to unprecedented storms and claims nationally last year — are hitting homeowners two ways this Spring.
First, their hazard insurance premiums are jumping; and second, insurers are raising homeowners’ deductibles.
So, instead of a $1,000 deductible, $1,500 appears to be the new standard (or soon will be).
P.S.: like gas prices, insurers never seem to pass along savings when claims drop.
