"2024 Hurricane Season: Rising Storms and Insurance Costs"
TL;DR Summary
As the Atlantic hurricane season begins, homeowners are facing skyrocketing insurance costs due to increased storm frequency and inflation. Last year saw a 11.3% rise in rates, and many insurers are pulling out of high-risk states like Florida and California. Homeowners are advised to shop around for better rates, raise deductibles, or invest in home fortifications to mitigate costs.
Topics:nation#businessweather#climate-change#homeowners-insurance#hurricanes#inflation#property-damage
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