Insurance premiums going up?

[Jennifer S.]

I own two rental properties - one in which I'm househacking and the other I completely rent out. My insurance company, up until recently, was USAA. I've never had an issue with them, and thought they offered decent rates until three weeks ago when I was notified that my primary insurance premium was going up by 25%, and just this week the same thing for my pure rental. I should add that I've never had a home insurance claim that would justify this.

Needless to say, I've shopped around and found better rates with other companies. I made the switch with my primary 2-unit property and am about to for my pure rental. I'm just wondering if anyone else has noticed this and has had to shop around within the past few months. Is this just a USAA thing, or has any other insurance company also increased their rates and by how much? USAA told me they reset the prices due to increased costs of lumber and rebuild, but a 25% increase seems outrageous. Maybe this is MA only (another reason to consider leaving).