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.
As if owning a home wasn't a big enough expense already, homeowners insurance rates are soaring to new heights. Average premiums hit $2,802 per year in July 2025, according to a new report from ...
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Rising home insurance costs in climate risk areas
Home insurance is a vital safeguard for protecting one of the most valuable assets many people own. However, in recent years, homeowners in climate risk areas have been facing steep increases in their ...
Homeowners throughout the country are seeing rising homeowners insurance rates, and everyone is shifting the blame. The Illinois Senate Insurance Committee recently met to discuss the root cause of ...
The California FAIR Plan Assn., which covers homeowners denied insurance, is seeking a 35.8% rate increase, though some ...
The FAIR Plan calculated its rate hike request using new guidelines approved by the California Department of Insurance late ...
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