Homeowners insurance rates are rising across the U.S., driven by climate change, rising cost of building materials and surging home prices. Almost half of property insurance policy holders in the U.S.
With major insurance changes already in place and no new overhaul planned, buyers and sellers have clearer expectations and should price deals using current costs.
Home insurance is getting more expensive in the United States, and insurers are pulling back from some regions as the cost of disasters grows. That trend is stretching the limits of what ordinary ...
U.S. property insurance costs accelerated 4.9% to a new record high in the first half of the year, with homeowners in hurricane- and wildfire-struck states facing some of the steepest increases.
Across the 50 largest metros, an average of 7.0% of monthly homeownership costs go toward property insurance. Property insurance can account for a significant chunk of your monthly budget — especially ...
Recent foreign policy adventures in Venezuela, Gaza, Greenland, Denmark, Iran, and Russia have diverted attention from domestic economic issues—affordability being chief among them. Outsized increases ...
The rising costs and shrinking availability of property insurance, once concerns in just a few states, have become a nationwide problem. Homeowners across the country face double-digit insurance ...