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Such costs have surged even more in parts of the U.S. prone to the kind of natural disasters that experts link to climate change. Homeowners in these states have seen their insurance premiums soar ...
The average cost of a homeowners policy has risen more than 30% since 2020. Yet you can still find ways to save on insurance, especially for seniors. See cost-saving tips for paying less on your ...
The consequences of climate change are making homeowners insurance either unaffordable or unavailable for millions of Americans. Climate change tests the insurance industry and could lead to the ...
The insurance industry has been criticized by environmental activists and Democratic Party lawmakers for continuing to provide coverage to fossil fuel companies, while Republican Party lawmakers have criticized the industry for curbing policy coverage to oil-and-gas companies (even though most U.S. insurance companies have generally refrained from doing so in contrast to insurers ...
The devastating Los Angeles fires have been a grim reminder of America’s homeowners insurance crisis as climate change intensifies potential property damage and insurers scramble to price rising ...
When Michael Monaghan, a real estate agent with Coldwell Banker Sellers Realty in northern California, got an offer for a home in Bayside at the seller’s $650,000 list price in September, he ...
WASHINGTON -Homeowners in areas most at risk of damage from hurricanes, wildfires and other climate perils pay far more for insurance than those who live in the least exposed areas, according to a ...
Ballooning expenses for insurers and homeowners alike are most pronounced in disaster-prone areas like California and Florida, they added, but climate change has helped fuel premium hikes in many ...
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