Homeowners' insurance rates to increase 9% in 2023: Alkeme
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Homeowners' insurance rates to increase 9% in 2023: Alkeme

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US homeowners' insurance rates are set to rise around 9% this year after accelerating over 7% in 2022, according to Californian retail broker Alkeme.

The private intermediary said replacement cost values in the homeowners' sector will also go up this year to offset increased construction costs and inflation.


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