In some states, the price does not just rise by a meager amount - it skyrockets.įor the report, Andrew Hurst, a SEO Marketing Research Analyst at ValuePenguin, analyzed 16 years of data from the U.S. ValuePenguin, a data analysis company owned by LendingTree, has found that the yearly cost of home insurances after a fire rises in every single state. A fire can be one of the worst days of a homeowner’s life - not only could it take years to recover emotionally from losing everything you own -i t can be financially devastating, even after an insurance payout.
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