1. One could consider a less costly home insurance policy. It may provide less coverage but might also bring your expenses more in line with your budget.
2. Although difficult for some to come to terms with, It may be prudent to consider reducing ones cost of living when the home that was once affordable is no longer so. One might consider selling the home and buying one that is more affordable given current budget and income considerations.
Homeowners Insurance is basically considered part of the normal and expected costs associated with home ownership.
Other normal expenses for a homeowner are such things as structural maintenance costs, grounds maintenance and the occasional expected cost of repair and upgrade of appliances, Plumbing, electrical and roofing materials, etc..
If one can no longer afford their home insurance this could indicate an over extension of ones personal financial abilities.
It often occurs that a person may make a home purchase that was initially affordable, but due to later changes in financial condition or income and other living expenses that it is no longer affordable.
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