I.I.I. Projects 8 Percent Homeowners Rate Rise

NU Online News Service, Sept. 9, 3 :14 p.m. EDT

This projected rise means the average cost for home insurance nationwide in 2004 would be $615, a jump of $46 for the average homeowner, I.I.I. said.

Part of this projected increase reflects the rising construction and home improvement costs--the "choices more homeowners are making," explained Robert Hartwig, I.I.I.'s senior economist.

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