Showing posts with label Home Insurance Crisis. Show all posts
Showing posts with label Home Insurance Crisis. Show all posts

Wednesday, June 26, 2024

Home Insurance Inflation | Rising home insurance costs are challenging would-be buyers and home owners

Article Title: Rising home insurance costs are challenging would-be buyers
Snippet of Article: "...Rising home insurance costs are putting the pinch on would-be homebuyers already challenged by soaring home prices and elevated interest rates. About 72% of U.S. homeowners said their policy premiums have increased over the past year, according to a survey by Redfin Corp. Furthermore, about 8% of those surveyed said their insurance company stopped offering coverage for their home, and another 9% of homeowners said they are worried their insurer may stop offering coverage. ..."


Source: www.bizjournals.com

[tag] Home Insurance Crisis,Bidenomics, Inflation, [/tag]