A reader wrote last week about “shock and awe” over an 87% increase in his home insurance costs. While the writer stated that his insurer wants to ...
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Home insurance isn’t something that people think about until disaster strikes. But for many North Carolinians, insurance is front-of-mind as climbing premium prices strain household budgets. This month, homeowners’ premiums increase another 7.5% (part of a two-year increase negotiated in 2024). These follow...
California homeowners are navigating higher premiums, stricter underwriting standards, and changing coverage availability in 2026. Insurance professionals report that wildfire risk, rebuilding costs, and evolving market conditions are prompting many property owners to reassess their insurance options and coverage strategies.Mission Viejo, California, United...
A structure damaged by Hurricane Helene in Old Fort, North Carolina, in fall 2024. Many residents affected through the state lacked flood insurance. Photo: NCDOTcommunications via Flickr Creative Commons (CC BY 2.0)
TipSheet: Is Climate Disaster Insurance a Worsening Disaster?
By Joseph A. Davis
When Hurricane...
Insurance rates have skyrocketed since the pandemic, and jaw-dropping renewal notices have left many consumers stretched thin when it comes to protecting their assets. Nearly half of Americans with auto insurance (49%) and homeowners insurance (46%) say they’re stressed about their premiums,...
