Homeowner's Insurance Policy

[Chris Fore]

Hi, this is actually a question from a family friend that I wanted to post here in the forum.  Their homeowner's insurance policy jumped up 25% yoy without any claims made on the policy.  Is this normal?  Seems like a huge hike.  The home is fully paid off and they've been with the provider for over 30 years.  

Should they simply shop around for a different provider?  Is there a limit to the increase a company can charge like an insurance usury law (i know it's not interest but you know what I mean).

Have you seen this before?

Thanks!