Reported 2 days ago
Home insurance costs in the US are expected to double within the next decade, significantly impacting homeowners nationwide, not just in disaster-prone areas. A recent report from the Consumer Federation of America indicates a sharp rise in premiums due to various factors including inflation and climate change, which leads to increased repair costs after damages. Homeowners are encouraged to shop for better rates annually, consider climate-resilient features to lower costs, and factor insurance costs into their budgets when purchasing homes.
Source: YAHOO