"Home Insurance Costs Skyrocket Nationwide Amid Severe Weather"
TL;DR Summary
Home insurance rates in the U.S. have surged nearly 40% since 2019, driven by factors such as weather disasters, rising home prices, and increased costs of building materials. States like Arizona, Nebraska, and Illinois have seen the highest spikes, with some insurers leaving high-risk areas like California and Florida. This rise in insurance costs, coupled with higher mortgage rates, is making homeownership increasingly difficult for many Americans.
- Home insurance rates have surged nearly 40% since 2019 – but they're rising fastest in these states Fox Business
- Homeowners face soaring insurance costs as violent storms wreak havoc CBS News
- ‘Kitty cat’ storms hitting US heartland are growing threat to home insurance The Guardian
- Column: Unaffordable homeowner's insurance is leaving Californians exposed to the elements Los Angeles Times
- The insurance crisis is hitting Northern California's local small businesses - PD Plus The Santa Rosa Press Democrat
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