The Latest in Financial & Business News

April 2, 2024 by Robert Jeff

A house partially submerged in flood waters after Hurricane Idalia made landfall in Cristal River, Fla., in 2023. Homeowners in Florida, who already pay the highest rates of home insurance in the country, are expected to see another 7 percent increase this year.

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

The average premium for homeowners insurance in the United States is expected to hit $2,522 by the end of the year, driven largely by intensifying natural disasters, rising reinsurance costs, and higher fees for home repair. 6:08 p.m.

// We need to call consent before we run init and track fbq('consent', consent); fbq('set', 'autoConfig', 'false', '884869448226452'); fbq('set', 'autoConfig', 'false', '493062270895851'); fbq('init', '884869448226452'); fbq('track', 'PageView');

Source link