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Why Home Insurance Rates Are Rising So Quickly in the US

Details
Written by: Andrew J. Hoffman, University of Michigan

A home damaged by a hurricane, highlighting the rising cost of home insurance due to climate-related disasters.

Homeowners across the US are facing rapidly increasing insurance premiums due to climate change and more frequent extreme weather events. Rising home insurance rates are driven by increased repair costs from hurricanes, wildfires, and floods, leaving many struggling with higher bills and reduced coverage. Learn why these changes are happening and how climate change is forcing insurance companies to adjust their policies.

Read more …

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