Insurance premiums went up 40% and I havent filed a single claim

Got my homeowners renewal notice. Premium went from $1,800/year to $2,520. A 40% increase. I have NEVER filed a claim. Not once in 12 years.

Called my agent and she said "its market conditions, everyones going up." Shopped around and the cheapest quote I got was $2,200. For the same coverage I was paying $1,800 for last year.

What exactly am I paying for if not to be protected? And if I actually filed a claim theyd probably drop me or raise my rates even more. The whole system feels like a scam some days.