Does old aluminum wiring cause your home insurance premium to increase?

I just bought a home and during the inspection, the inspector found that the home has aluminum wiring. He told me this was typical for the age of the home and it was of no concern. However, my current insurance company says that they want to increase my premium. Does aluminum wiring always cause your home insurance to increase?

“While aluminum wiring will still be up to code in most areas, it can be a potential hazard to your new home. Aging and the potential for overheating is why most insurance companies will charge higher rates for this type of wiring.
However, not all insurance companies will charge extra money. If you shop insurance rates online like you would for car insurance, you should be able to find a low rate.
If you’d rather leave the hard work of gathering quotes to someone else, use Jerry. This free app can collect quotes from up to 50 top insurance companies and delivers the best deals to your phone in minutes.”
Eric Schad
Answered on Aug 13, 2021
Eric Schad has been a freelance writer for nearly a decade, as well as an SEO specialist and editor for the past five years. Before getting behind the keyboard, he worked in the finance and music industries (the perfect combo). With a wide array of professional and personal experiences, he’s developed a knack for tone and branding across many different verticals. Away from the computer, Schad is a blues guitar shredder, crazed sports fan, and always down for a spontaneous trip anywhere around the globe.

Did this answer help you?

Ask us a question by email and we will respond within a few days.

Have a different question?

You can meet us at our office and discuss the details of your question.

Read advice from car experts at Jerry

Easiest way to compare and buy car insurance

No long forms
No spam or unwanted phone calls
Quotes from top insurance companies
Find insurance savings — it's 100% free