Published 1 month ago

US home insurance premiums may hit a record this year, report warns

Summary by Ground News

Hurricane Idalia knocked out power to hundreds of thousands of Florida customers. The storm grounded more than 1,800 flights and unleashed floods in the state. The hurricane made landfall in Crystal River, Florida, on August 28, 2013. It was the first Category 4 hurricane to make landfall in the U.S. since Hurricane Katrina in 2005.

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The Washington Post

U.S. home insurance premiums may hit a record this year, report warns

US home insurance rates are expected to reach a record high this year, with the biggest increases occurring in states prone to severe weather events, according to a new analysis.

1 month ago

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Bloomberg

US Home Insurance Premiums May Hit a Record This Year, Report Warns

The average premium for US homeowners insurance is expected to hit $2,522 this year, up 6% from the end of 2023. Premiums in Florida will approach $12,000.

1 month ago·United States

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New Hampshire Union Leader

US home insurance premiums may hit a record this year, report warns

U.S. home insurance rates are expected to reach a record high this year, with the biggest increases occurring in states prone to severe weather events, according to a new analysis.

1 month ago

Read Full Article