Reported 2 days ago
Bankrate's recent analysis reveals the stark differences in home insurance affordability across the United States, with homeowners in Louisiana facing the highest costs at 10.78% of their income, while Vermont enjoys the lowest at just 1.03%. Rising rates, influenced by extreme weather and credit scores, have seen national insurance costs increase by 9% over the past two years. The report emphasizes the growing burden of home insurance on household budgets, particularly in high-risk areas prone to disasters.
Source: YAHOO