Sky-High Home Insurance: The Climate Crisis Impact

Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Saturdays

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Home insurance is skyrocketing, especially in disaster-prone areas, pushing homeowners to the brink. Premiums have jumped 24% nationwide, with some regions like South Florida seeing costs exceeding 3.7% of a home's value—over $22,000 annually! This crisis is forcing tough choices for families as climate risk drives prices higher, threatening affordability and stability in vulnerable communities. Hosted on Acast. See acast.com/privacy for more information.