05/28/2025
๐ก Property Insurance Costs Are Rising in CT โ Here's Why (and What You Can Do About It)
Have you noticed your insurance bill going up? Youโre not alone โ property insurance premiums are rising sharply across the country and especially here in Connecticut.
At Dumont Insurance Group, weโre seeing increases of 10โ30% across many carriers for homeowners, landlord, and condo insurance. These are driven by real trends, and we want our Bristol community to understand whatโs behind it:
๐ Whatโs Causing the Increases?
๐น Severe Weather & Natural Disasters
From more frequent New England storms to wildfires and hurricanes nationwide, weather-related damage is rising โ and insurers are paying out more in claims.
๐น Inflation & Rebuilding Costs
Building materials, labor, and repairs are more expensive than ever. That means when homes are damaged, they cost more to fix โ and premiums reflect that.
๐น Reinsurance Costs
Insurers buy insurance too (itโs called reinsurance). As global disasters increase, those prices have surged โ and the cost is passed down to policyholders.
๐น Higher Claim Volume
Even day-to-day claims (water damage, aging roofs, etc.) are happening more frequently. Connecticut has had four straight years of rising claim activity.
๐ก What Can You Do?
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Raise Your Deductible โ Higher deductibles often mean lower premiums.
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Bundle Home + Auto โ Multi-policy discounts can make a real difference.
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Ask About Discounts โ Smoke alarms, smart-home features, good payment history, and more may all help lower your rate.
๐๏ธ Weโre Your Local Insurance Advocate
We know itโs frustrating. But you donโt have to navigate it alone. At Dumont Insurance Group, weโre proud to serve Bristol and the surrounding communities โ and as an independent agency, weโll shop multiple carriers to help you find the best value for the protection you need.
๐ Call us at (860) 582-8161
๐ Visit: www.dumontagency.com
๐ Get a quote anytime: https://insuranceform.app/l/master-agency-form/Li_Er0MXTwU29k
Stay informed, stay protected, and thank you for letting us serve you!
๐ Dumont Insurance Group โ DEPEND ON DUMONT