You've paid on time, you haven't changed anything significant about your policy or where you are living, and yet when you open your renter's insurance bill this month, you see that the price has gone up. You are left baffled and asking why did my renters' insurance increase? This can be for various reasons, some of which may be dependent on you, but some of which are totally out of your control. There may not seem to be a rhyme or reason to your insurance prices, but there are a few. Renter's insurance can especially be pricey, and so it's always good to be aware of why your fees may be rising. There may even be some things you can do to offset the increased costs, even if you cannot affect the actual reason they are growing in the first place. Saving money is always a solid plan!